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  1. M

    Living in Asia

    In S America you have to live with the rich and with their protection. In Asia much less so. You can walk around in Asia without the mugging risk, although if you get in a fight with the locals in some countries its you vs the whole country and they will break bones. In Brazil they tell you...
  2. M

    CNBC, Bloomberg and Ilk Make Me LAUGH

    FX commentary is the biggest joke. You would think there was some major move going on but if you look at the chart its just noise. Public has to have a reason so someone has to come up with a reason for them. Bad business not to as you would not be telling them what they want to hear.
  3. M

    Living in Asia

    The point about the risks in this post and another are not alarmist - unless you are on an expat CEO salary and can buy everything imported you are likely to be exposed to things such as chemicals in/on foods you would not be exposed to in the West. ZThe Japanese in my building have huge bottles...
  4. M

    Heads up on LEH!

    http://mrmortgage.ml-implode.com/wp-content/uploads/2008/05/david-einhorn-private-profits-socialized-risk-4-08-08.pdf
  5. M

    Heads up on LEH!

    http://mrmortgage.ml-implode.com/wp-content/uploads/2008/05/david-einhorn-ira-sohn-speech-5-21-08.pdf
  6. M

    Heads up on LEH!

    More likely to see a change in the law that allows an I Bank to continue in operation with negative equity than you are to see LEHQ.PK.
  7. M

    It's ILLEGAL to discuss LEH's troubles

    Market rumours are part of the market. If they were doing their job the SEC would investigate if Lehman is spreading false or deliberately misleading information to keep the stock artificially high. How about the SEC check who was buying ahead of the recap announcement, how about they...
  8. M

    Top banks urge relaxed writedown rules

    We have had 300+BP of rate cuts that have driven food and fuel prices up, isn't that enough for them? If they need more then its about time they were made to declare their insolvency so that all the distortions for their benefit can be stopped. Will the world be a better or worse place...
  9. M

    Your Liechtenstein Account Has Been Closed

    These people are rich so they are not going to jail. The rich don't go to jail period. The worst that can happen to them is that they just pay the tax that the IRS can prove they owe.
  10. M

    Moody’s error gavetopratings todebtproducts

    What a load of BS. It was supposed to be BBB but when we entered that in the computer it registered as AAA. I would say they would lose credibility with this story were it not for the fact that they have none left to lose.
  11. M

    Bernanke has lost all credibility

    We are being screwed so that a handful of insolvent New York banks can avoid declaring insolvency.
  12. M

    Fed TAF auction on the 19th; crude $140 by Friday?

    TAF is also a bailout of hedge funds via prime broker arm of I Banks - allowed deferral of hedge fund deleveraging/redemption slales i.e deferral of normal end of cycle deleveraging. Bernanke is out pof control, he has spent his whole academic non real world life myopically studying the Great...
  13. M

    Oh Great.. just what we need is more cheap money

    No lobbyist left behind.
  14. M

    Programmable real-time market scanner

    For non US markets you are looking at Tradestation TS2000i or Neoticker and a third party feed. Metastock quotecenter covers most markets and has some basic screens, but a symbol limit of 1000..............
  15. M

    Was there any news that sparked the sell-off in Crude ?

    .....or vice versa i.e. with ICE down they couldn't play their games.
  16. M

    I'm not a CTer, but...

    The rest of the world is well aware that they are being shafted so that a handful of insolvent New York banks don't have to declare their insolvency and by competitive devaluations (aka beggar thy neighbour).
  17. M

    "Fed Deception"

    Chavez of Venezueala offered to lend the IMF money, maybe he can lend some money to the Fed. There seems to be a real problem with bankrupt first world institutions. Time these banana republics got some financial responsibility and spent less on amaments. How much longer can they be...
  18. M

    Bernanke : markets ``far from normal,

    ``A bankruptcy filing would have forced Bear's secured creditors and counterparties to liquidate the underlying collateral,'' Bernanke said in his speech. ``Given the illiquidity of markets, those creditors and counterparties might have sustained losses.'' Shock horror, the Fed might have...
  19. M

    Goldman: Oil $150-200 in 24 months

    Its different this time. There's a new paradigm. Didn't you know?
  20. M

    Goldman: Oil $150-200 in 24 months

    For themselves, not for the funds with their clients money.
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