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    The Next Meltdown: Credit-Card Blowup Ahead

    In the case of even severe recession with high unemployment rates, any type of lending or loans made, even to good customers can quickly turn sour with the other party declaring inability to payback full portion or even going fully bankrupt and walking away from it all.....clean! Temporary...
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    ROFLMAO - "The 2009 budget deficit could be close to $2 trillion"

    While the initial bail out of $700 did help in keeping the banking system afloat and credit markets liquid, it will not wipe out all the sins committed by the fiscal irresponsibility shown by both parties in the last 30 years. I have been calling all along, that US should adopt the Canadian...
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    Causes of the suprime global nightmare

    The point was that Real Estate markets were in the bull phase. So even the small joe' took a $400K house mortgage hoping for some good appreciation to insulate from mortgage payments. Once the trap door of low interest rates on mortgage for first couple or years was shut. The Joe' had not...
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    DOW wont break 7500 support

    'Warren Buffet was right' Was thinking on same few moments ago, few years ago he warned about the 'Derivatives being the Financial WMDs' and now it seems WHOLE WORLD has gotten engulfed in the derivatives related bank busting. Buffy sure has some deep thinking insight.........no wonder...
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    DOW wont break 7500 support

    Dow Jones looks good at 5500 levels. Being on the sidelines is the best strategy for now.
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    Carry Trade Hedging

    how about hedging via a collar......buy one option and pay and sell another and receive and thus cancelling out most of the hedging cost. am very new to options, so if butterfly means the same as collar then :D :D :D :D :D :D :D :D :D
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    Carry Trade Hedging

    'hedge the delta risk another way' any suggesstions?
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    Carry Trade Hedging

    That's why hedging with forward contracts does not make sense especially when putting interest rate differentials on the mind. No free cash with foward contracts.....tough titties! :D
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    Carry Trade Hedging

    When playing the Yen carry trade i.e taking loan on Yen and converting to USD for higher interest rates..........how can one hedge against the appreciation in Yen and still come out ahead by couple of percentage points. I am very new to options, but read somewhere that cost of hedging is...
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    Dr. SOG hits the mark!

    Dr. Solid Old Guard........Joe Biden offered a very refreshing confidence that he is a heavy weight with lots of experience and wisdom which will do good to the US and the world in the next 8 years. Do not forget Hillary and Bayh in administration will add to the top line 'leadership committee'...
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    Obama doing a smart thing----

    Obama is a politician nothing else, McCain is a lame old duck who has overstayed his invitation in politics. US is in trouble as firm leadership like Reagan or Clinton is missing and chaos and mess is spreading fast. :mad:
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    MOTHER of all Psy Ops campaign to begin soon....just watch!!!

    bailout or none the Fed has to find a way to throw liquidity into the financial system. Housing and mortgage mess can be solved later but immediate need is to throw cash into the banking system so that regualar economy functions normally.
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    David Tice Predicts S&P to Fall Below 800 Level

    Do not like Tice and his calls but this one needs some attention. CNN reports that 7.5M homes are beyond foreclosure value i.e. mortage defaults have already occured. Another 5M homes are in the negative equity but owners are putting money in somehow. These numbers are tooooooo big to...
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    The list of 228 people who voted against the bailout bill

    Only TRAITORS voted NO today. Hope there is another way pass the bill.
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    Bailout Black Hole was created in 1999

    http://query.nytimes.com/gst/fullpag...gewanted=print September 30, 1999 Fannie Mae Eases Credit To Aid Mortgage Lending By STEVEN A. HOLMES In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the...
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    Pelosi says "Party on Wall Street is Over"

    Thank Goodness that the bailout package is going to be approved. It is not only going to protect the banking business from clogging up totally but also has potentials of ending out at a profit to both government and the taxpayers. More importantly, it will limit the golden parachutes and...
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    Ben Stein Says 'Bailout' Is A Scam: Use Money To Bailout Homeowners Directly

    The logic makes sense, Government buys the bad loans from the banks and they in turn keep the money in the financial system. The homeowners are not foreclosed and not have to move out, they are still liable for their home loans but to the government. Government will not foreclose on them...
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    The Real Bailout in works!

    Folks! The real bailout is in works, all this $700B is nonsense. Here is how it will pan out: USD loses its value by 50%. This renders 11T debt to the 5T levels. At even 5% a year interest, this transforms to $250B a year savings. So far in Sub Prime mess, banks have written...
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    Dr Doom on CNBC- classic stuff

    Why does this guy talk about wars and bombs? What is his logic and basis, does not make sense. Buying land makes sense in the way that one can do own farming and live off like a country nomad but other than that is he speculating RIOTS in the cities? I thought the man is a market reader...
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    $700B Bailout Could Balloon to $5Trillion

    I do support the bailout but read the figures in the article..........they are scary! Bloomberg Analyst: $700 Billion Bailout Could Balloon to $5 Trillion Marc Faber Ltd. director calls initial cost estimates a 'drop in the bucket,' says real solution is to bring down overleveraging. By...
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