Search results

there wil be no bail outs. http://online.wsj.com/article/SB118601134105985426.html?mod=hps_us_whats_news

they owned $£33 billion of the securities. this is the problem they are assuming they will take a hit of $2.3 billion. in actual fact these securities are probably worthless. the actual hit will probably be $33 billion. this is the same assumption everyone else is making including...

i think we have all come to reckonize that when the markets are down and look like they will go further there has been a recent pattern over the last few years. going in to the closes and on key technical support lines huge bids come into the indicies via the futures. i noticed this back...

very strange affair. did not see the point of why they did it? sept hike already absorbed and discounted before meeting. use of strong vigilance already priced and discounted. i can only think that this was a statement on two issues. (1) they have been under political pressuse...

EBC will hold press conference today when normally they are on summer break. this is unusual and has never happend before. a possibility of a hike today but most think will announce for possible hike in september.

for the record and i posted this before the actual amount to date sold by Mozilo and his cronies at Countrywide is $410,499,738.00 for a whole calendar year. this is all genuine selling from options awarded to them. i think its an absolute disgrace to be honest but there you go...

very well thanks. long puts on most house and home related stocks. cleaned up on beazer yesterday. oi oi oi oi oi oi oi oi oi . by the way. im obsessed. i think you are in major denial of a money making opportunity and facts surrounding the whole subprime mess.

if anyone had actually paid any interest and put some positions on in light of what i have been saying the last few weeks and months on elite trader about this mess you would not be calling me a doom monger but a profit monger. just because this bad news has not made people money is not my...

i thought i would start this thread to keep a journal of all the quotes in one place. kicking off with some bernanke comments from the last few months in relation to the subprime mess here goes: 2007-06-05: Subprime: "Thus far, however, we have not seen major spillovers from housing...

live and learn. ive done the same thing as well. there is no shame in it. worse one i had was fat fingering in some of the back months of euribor i trade. - $25000 loss. nothing i could do about it. i also had some go my way but never the same amount as the loss. one thing i do...

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article2182984.ece

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJ2gm9ywYrms

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aov5lqQwU2pE

this is the real issue on this thread. look at the power of rumour and information. some people knocked me for putting this story on. personally i would always rather know than not know and then make my own decision to dismiss it. just look at beazer homes yesterday. looks like...

another bites the dust. dont worry its all contained. http://www.bloomberg.com/apps/news?pid=20601087&sid=akF7dNjlTajI&refer=home

not really, as they are a very large fund its an absolute given that they do. virtually every hedge fund has the carry trade on. its a very easy trade to leverage and profit on. you actually think they are a market neutral fund and arbitrage minute differences in the market to make...

leveraged up to the eyeballs. have probably got the carry trade on. got subprime exposure but dont know. i think the problem is perception here. a few funds and companies have a lost hundreds of millions if not a few billion. the possibility that a fund could lose $50/60 /70...

this is one of the best ones he has done yet. especially the parts about the rich getting richer. well done bill and well said. http://europe.pimco.com/LeftNav/Featured+Market+Commentary/IO/2007/IO+-+July+2007.htm

http://www.dealbreaker.com/ rumours all over the place about these guys. their name is being banded about all the time since yesterday. cnbc all but said it name on the close but faber did not have the bollocks to mention it. he just said ' large us hedge fund'. they have managed...

this needs to be applied in the current subprime debacle. that is- where there is one - there is more. so far over the last few months all the pundits , banks and so called experts including the fed have got this so wrong. they all said it would not spread and it was contained...