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i seriously had to read this twice. what will think of next? all losses made in markets can be booked as potenial profits because they might come back at some point in the future. another farce to prop up a system of banks balance sheets that is already bankrupt on paper. jesus, -...

unsurprising since the major profilers have the make up of the order book recreated along with their new algo account managers at the exchange leaking info about where stops are. oops allegedly.

well they did not bust any trades out. so anyone who sold the higher levels - happy days. i think this is going to more common place now on the bund , bobl and shatz. i might start working stuff my self. the working bid / offer volume is very small and the depth non existent...

its still quiet remarkable how a building society based in bradford that services the local population of 50 thousand plus a few farmers and shepherds working on the old banking practise of 3-6-3. ( pay savers 3%, charge borrowers 6% and fuck off down the golf course at 3pm) emerged as a major...

how on earth did the bls come up with this bullshit. their own ces net birth/death model added a 177 thousand jobs to the non farm payroll figure. looking at the breakdown on the bottom table the bls reckon that of the 177k jobs added. 29k came from construction ???? 22k came from...

this sounds like a bury some bad news day. if non farm came out very weak which is kind of expected they might throw out this crap valuation as well hoping no one sees it.

using the latest state of the art market modelling quant based valuation system that i have purchased directly from the fed and major us investment banks i came up with 0.

the swedes raised today and signalled a couple more rate hikes as well for 2008. the ecb are going to hike as well today. HELLO MR BERNANKE DO YOU UNDERSTAND THE FUCKING POINT HERE. WHEN THERE IS INFLATION YOU HAVE TO MOVE THE FEDERAL FUNDS RATE UP REGARDLESS OF HOW BAD THE ECONOMY IS...

great 8 page article from Satyajit Das. A risk consultant and author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives he writes on the banks level 1/2/3 assets and how their ability to earn money is now finished. hence why the banks stocks are not...

everyday another face appears on cnbc or in the news saying the financials are another buy. how wrong have they guys been? its a shocker. the fact remains that interest rates have to go up and go up quickly in order to restore some credibility and faith in the central banks and the...

everyday another face appears on cnbc or in the news saying the financials are another buy. how wrong have they guys been? its a shocker. the fact remains that interest rates have to go up and go up quickly in order to restore some credibility and faith in the central banks and the...

i like the point he makes about the california commercial venture. a $30 yard investment that has been marked to market with a $ 700 million dollars loss. so california commercial real estate has only devalued 2.33% according to lehman...

everybody having fun trading euribor at the moment. jesus, one of the biggest moves ive seen. hearing a lot of horror stories out there. trading this stuff against the bonds is a joke.

if a man in the street did this with his tax return he would be banged up for 35 years. yet another example of wall street stupidity and accounting nonsense. i say again. THE US INVESTMENTS BANKS ARE BANKRUPT. everybody speaks of bargain levels for long term share purchases in these...

as i said before back in january the us investment banks are bankrupt. the model does not work anymore. as the process of de leveraging continues amidst a reduced earnings environment what idiot investors still think there is money to be made in these banks. expect more right issues...

hi well basically all fixed income houses got it wrong. they assumed the boe, ecb and the fed would go for growth and not worry about inflation. those parts of the curve in reds especially dec 09 contracts were flat and incorrectly pricing any rate hikes. when the market realised they...

this organisation is finished. everyone here in the uk knows it but nobody dare say it. i think it is worse than northern rock. these guys own 12% of the uk buy to let market and issued 1 in 4 mortgages to finance it. expect queues from customers any day now. once those pictures...

specifically what contracts or what part of the curve. also more imprtantly what curve. eurodollar. sterling or euribor?

this is too good for words and ironic for most of the us investors. they basically massaged cpi from 25 percent to under 9 percent for the index linked govenment bonds. the us have been doing this for years hahahahahhahaa. Argentine alert as inflation spectre stalks half the world...

after reading the wall street journal piece on the bear stears failure this morning are the sec fucking stupid or something. quote ' bear drafted in loads of bankruptcy lawyers and specialists to advise them as early as thursday and put them up in a suite on the 6th floor' jesus christ...