Bear Stearns Plans $3.2 Billion Fund Rescue to Halt Fire Sale

Quote from dhpar:

I am sad I can't buy more - it is already a big portion of my portfolio.

awwww, go ahead. Get yourself some uh dat 22:1 leverage. What can go wrong?
 
Quote from dhpar:

I am sad I can't buy more - it is already a big portion of my portfolio.

We're the only BSC apologists/cheerleaders left! I bought the wings against my synth straddle before going long spot.
 
Quote from atticus:

lol:

Dear Investor

Just a quick note to let you know that, should you need or wish to have
liquidity, a market has developed for shares in both the High Grade and
High Grade Enhanced hedge funds.

Please feel free to contact us if you would like to discuss this further.


Sincerely,

Anastacia Brooks

Liquidity: I.E. the investor sees the price he is offered, and pisses himself.
Hedgebay Trading Corporation
:D
 
Quote from flytiger:

awwww, go ahead. Get yourself some uh dat 22:1 leverage. What can go wrong?

yeah - a lot of things can go wrong. thank you very much for reminding me about that - I almost forgot.
 
Bloomberg 00:23

*BEAR STEARNS ASSIGNS MORTGAGE CHIEF MARANO TO ASSET MANAGEMENT
*BEAR STEARNS TAPS MARANO TO HELP FIX HEDGE FUNDS, PERSON SAYS

wow - Marano to BSAM. He will shoot them all.
That's probably scarier news for guys in there than that they lost quite a bit of money :)
 
Quote from dhpar:

Bloomberg 00:23

*BEAR STEARNS ASSIGNS MORTGAGE CHIEF MARANO TO ASSET MANAGEMENT
*BEAR STEARNS TAPS MARANO TO HELP FIX HEDGE FUNDS, PERSON SAYS

wow - Marano to BSAM. He will shoot them all.
That's probably scarier news for guys in there than that they lost quite a bit of money :)

Around 1972, I was serving on a nuclear strike base in Europe. We got a new security chief, and as always, the scuttlebutt preceded.

"Hey, I hear this guy is Strac (polished, tough)! He headed up President Kennedy's security."

"Yeah? How'd that work out.???"

This reminds me of that event. If he was that good, why was he ridin' the pine?
 
Quote from atticus:

We're the only BSC apologists/cheerleaders left! I bought the wings against my synth straddle before going long spot.

Iam also looking for a short term pop in BSC since the sentiment is so negative. Could you please illustrate your synthetic straddle strategy?
But the money flow is negative so far.
attaching a P&F chart
 

Attachments

Back
Top