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Toyota bailing out GM is NOT for financial reason. But rather strategic or political reason. Read the article above. They could care less about GM and its dying franchise.

yeh. but chinese buying an IBM division has different overtones than buying a venerable 100yr+ American institution that's the last 3 American car makers....

Yep. Theorectically, Toyota could BAIL OUT GM. Toyota, according to a recent WSJ article, has so much cash that's it's acting like a Japanese Central Bank! It's bailing a lot of struggling Japanese companies. Might as well bail out GM. trader99

CEO says U.S. policy may turn against Japanese automakers if American carmakers collapse. OSAKA, Japan (Reuters) - The outspoken chairman of Toyota Motor Corp. said on Wednesday he feared the possibility that U.S. policy could turn against Japanese auto makers if local giants such as GM and...

Yep. Interesting point. Everyone in the nation is thinking about cost-of-carry. America is living in how-much-does-it-cost-per-month mentality... That's a really bad sign..

:( Sad. Only 3 pages? Come on guys! lol

We all need new blood. keke

RealMoney by TheStreet.com Don't Buy Housing Bubble Propaganda Thursday May 26, 2:04 pm ET By Barry Ritholtz, RealMoney.com Contributor The old saw is true: Every general fights the previous battle. And after missing the tech and telecom bubbles, the generals of the financial media are now...

You mean the Turtles were SHORT interest rates futures and lost! If they were LONG then they would have made a killing. Remember, when rates go down, IR futures go UP. 10yr bond futures(ZN) and eurodollar would go UP. Therefore going long would be beneficial. It's an inverse relationship. You...

What does tall and skinny has to do with anything? The rest I tend to agree "workaholic, programming, statistician, mathemitician, split second decision maker, studying nerd with small balls." Though programmers,statisticians, and mathematicians probably disagree with the small balls...

How is it contradicting? Prop traders at ibanks have access to front-running info from seeing deal flows and client trades. And now they go to work for a hf and they don't have access to those same info. They gotta become real traders/PMs. And most can't hack it w/o that info! :) how is...

Brandof, I totally agree. Everyone is waiting for a rate increase to burst the housing bubble. But rates are going DOWN! 10yr are making lows in yields and highs in price again. Doh. The market is telling us that rates are not going up for now... So, there's gotta be another catalyst. I've...

No, the ethics section of the CFA is NOT a joke. I took it. It's pretty difficult exam. Anyhow, the buyside is much stricter on ethics than the sellside. The thing is the sell-side should NOT be involved in prop trading. And if they are then it should be in a different building. Or...

Many funds and i-banks are getting f*cked b/c bonds keep going up. Too many shorts are getting squeezed.. lol

This is funny. ET is a board that's supposedly bias toward technical analysis. And when a rocket-powered stock like GOOG make new highs after new highs , people still want to short it. I mean eventually it will go down but not until people run out of money shorting it! LOL. This reminds me of...

Yeah good point. There could be hidden information flow and deals not so readily shown on charts. Look at GM. Tank. Drift lower. Paus. Then GAP up to destroy so many hfs short GM. That was a side deal by K.

:confused: :confused: :confused: I don't get what that sentence means...

Brandon, Maybe.. But he did NOT short the dollar at the bottom. He shorted the dollar a few years BACK. He made over $1.3B on the dollar short. And this is a pullback for him. For all we know, he already exited or cover part of the position. Where does it say he's moving into oil? I think...

It tells your the "fundamentals" guy like Ed Lampert and Warren Buffett beat out all of the quants on Wall St. The best quant ever came second - Jim Simmons. But the average quant on wall st don't make anything even remotely close to that. So, there is something to this fundamentals. Not just...

I did NOT make that comparison exactly. What I said was the MW are "brilliant" at the markets, but not necessarily book smart. But I didn't equate brilliance in trading with necessarily street smarts. Street smarts is more of an EQ thing, which is a totally SEPARATE issue from what you were...