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It can sort of go bankrupt if it debases the currnency to the point where creating anymore is just meaningless and thus has no effect at the margin. But don't worry will take another few years or so. With Roman coins or Weimar paper Deutshmarks the cost of producing probably beacme greater than...

In cutting rates Bernanke may as well be on the African savannah keeping a pack of ravenous Hyenas away from a kill by spraying insect repellent. We're in the kill zone Pal, so lock and load* *NOT words original to me - quoting someone here :D As for there being a bottom there are...

Yahoo boards are very useful for further confirming if pro pumpers (i.e. acting for the money behind the pump) are operating in a stock and by inference whether they are accumulating or distributing. After a while you get a feel for who is a pro pumper and who is just sad. SPY board has some...

You can see how much of crude and other prices is speculation when there is an event and everyone moves to bonds. It was very clear when the London bombings news brke. Commericals/hedgers don't unwind their position on this sort of thing.

Good point.

It seems cleverly constructed so that it appears there is protection when if fact in extreme circumstances there is not.

They are probably not all one if the biggest options market makers.

Of course, there was a risk of free markets finding their own level.

That could be the case, but if that is consumed then other clients funds would be used. the point I was making is that Clearing firm directors are not required to auction off their homes before they use your money o pay someone elses debt. My guess is that the origin of it is that big locals...

Goldman Sachs Says Abby Cohen to Stop Making S&P 500 Forecasts By Lynn Thomasson March 17 (Bloomberg) -- Abby Joseph Cohen, the most bullish investment strategist on Wall Street this year, will stop making Standard & Poor's 500 Index forecasts for Goldman Sachs Group Inc. She was...

If you or I can't meet a loss the exchange makes good our counterparty and then goes to the broker for payment who in turn goes after us the client. BTW you have NO protection in the event of a big client blow up - all other accounts with a broker can be used to cover the big blowup clients...

Coz as clearing exchange they have to make good any counterparty but the institution that put the trade on is not good for it i.e. for NYMEX to claim from?

How fanciful is it that they tried to corner the market and Dooley was probably a fall guy for the initial losses in a failed strategy and now we are seeing the end game play out? Let's face it, SOMEONE has been driving up commodity futures.

Where's Ben with his magic liquidity wand? Someone go and fetch him out of the John.

Has to be a blow up of some sort. 14m shares traded vs average of 2m. Only Wellington and Fidelity hold near that amount - (but GS has 3m) so suggests more than one seller so something is known to multiple parties. Largest holders are not leveraged hedge funds so not selling for their own...

"our financial institutions are strong" Er, hello, one failed on Friday. "capital markets are functioning efficiently and effectively" Er, Hello, some credit markets are NOT functioning. I can't believe the level of misrepresentation in his propaganda. I mean where did you get this...

Yeah after 2 or 3 years or grinding markets at best, assuming clearing is allowed to take place, it actually needs to be forced.

"He added, however, that he hoped one of the casualties from the worst U.S. financial crisis since World War Two would not be the spirit of broad self-regulation within financial markets." Why does this make me think of Kruschev's remark about "It is like sending a goat to tend the cabbage"...

IMO motive in supporting BSC is that any OTC contract with BSC becomes void if it fails and so what was hedged suddenly is not hedged so the banks/funds who had BSC as a counterparty have to write down more assets - which with the precarious equity levels would probably push a few more to the...

A lot of duplication in business lines, Balance sheet asset values are questionable. Clearing business accretive, not sure what else is.