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The question is why are you selling subscriptions instead of managing $10b and making $20m a year from asset management fees alone? If you have that good of returns, I'm sure it wouldn't be hard for you to trade yours and your friends money for a while, audit it, then raise a ton.

OP, you screwed up

1233 GMT [Dow Jones] As doubts on EU's rescue plan to tackle the debt crisis emerge, borrowing costs in short-term funding market inch up again after a pause Monday. Data from the BBA showed the three-month U.S. dollar rate rose to 0.42281% from Monday's 0.42125%. The three-month dollar...

Rogoff, bailout wont work http://www.cnbc.com/id/15840232?video=1490225554&play=1

Surprise surprise, MS taking back their calls for hike in Sep 2010 http://www.zerohedge.com/article/morgan-stanley-capitulates-sees-no-rate-hike-until-2011-pushes-back-call-45-10-year-two-quar I'm not sure that includes Greenlaw, it appears that its a guy named Jim Caron. In any event I'm...

And if I'm wrong, you might want to check for brokers that are subsidiaries of big banks that are too big to fail(specially if they have the same name) since they would support the broker in order to avoid loss of reputation

As I understand if your money is in US Treasury bonds used as collateral for buying the contracts, it is safe(at the broker level, there is the sovereign risk of couse) but dont quote me on that. I could be wrong

I wouldn't be shocked if the in the long-run this isn't ALWAYS the case in captalistic societies

If you are talking about from the perspective of broker stability, it doesnt matter because you will be under SPIC protection

Well, I'm in the camp that believes the US government did not let LEH fail but rather we had a situation where the legal framework made it very hard to save them given the lack of authorities the UST secretary had, and the results were dramatic. This EU situation is just amazing, they are...

It would be safer to have two brokers in this case

Keep the money in a way that the SPIC guarantees it(up to $100k in cash and $500K in securities IIRC). But the issue here is not IB failing and costing you money, is IB failing you and costing you a ton

Another one of these, I cant help but to laugh. Why dont you tell that to the S&P who rates IB BBB+(two notches above junk)? The same guys who routinely over rated everything from CDOs to Gov debt think IB is almost junk

I agree. It seems that commissions saved work as sort of premiums you receive for shorting fat tails, which historically is not a good bet. IB better fix this

From Bloomberg The three-month London interbank offered rate in dollars, which is how much banks pay for loans, fell to 0.421 percent, from 0.428 percent on May 7. That’s after it jumped 8.2 basis points last week, the biggest increase since October 2008. “There were a lot of people...

Yeah, I liked his blog

Its certainly possible that USTs and German Bund yields will collapse if a new round of risk aversion starts soon. However, the message has been clear, they will pay for the bill of the EU crisis. IMF should get more US funds soon(that they probably need). So I cant help to be skeptical of the...

Its a matter of understading what they call 'trading'. Its almost certainly not mostly related to betting on market direction(what we call trading), its more like 'services', liquidity providing, etc

Any indication of how the next libor fixing will look like?

I dont believe that is meaningful. If Greece leaves the EMU what is Germany going to do, send tanks to Athens? The whole legal framework has been trashed, they are doing whatever they want these days