Unicredit in trouble?

Quote from sheda:
Is this a new article? I recall reading these exact words in an article in say November:D
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Also, if this is a quoted article, where's the attribution to the source? A link would be nice...
 
Quote from sheda:

Is this a new article? I recall reading these exact words in an article in say November:D
More...

Quote from Martinghoul:

Also, if this is a quoted article, where's the attribution to the source? A link would be nice...
More...

A Google search for

"At 24 to 1, an average loss severity of only 4.1% wipes out the bank"

reveals several results for blogs with articles dated approx. 19 November 2011.

This Yahoo messageboard post:

http://messages.finance.yahoo.com/S...m=tm&bn=6416&tid=27390&mid=27390&tof=20&frt=2

credits Porter Stansberry's S&A Digest
 
At 24 to 1, an average loss severity of only 4.1% wipes out the bank.
..........................

you guys can argue all day long about exposure % et al.

bottom line.
they are all up a creek.

s
 
Quote from shopster:

At 24 to 1, an average loss severity of only 4.1% wipes out the bank.
..........................

you guys can argue all day long about exposure % et al.

bottom line.
they are all up a creek.

s
More...

I'm not arguing about the figures, but like Martinghoul wrote, it would be nice to see you attribute your source(s) if the research isn't your own work.
 
The vast majority of Unicredit sov exposure are in Italian and German debt, they have very little of anything else. So Italy pretty has to default hard in for the bank to fail(Or Italy face a severe recession). My bet is that the politicians will keep the game going for quite a while so if the short works it might take a long time to pay off
 
Quote from Daal:

The vast majority of Unicredit sov exposure are in Italian and German debt, they have very little of anything else. So Italy pretty has to default hard in for the bank to fail(Or Italy face a severe recession). My bet is that the politicians will keep the game going for quite a while so if the short works it might take a long time to pay off
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Looking at the chart I see that the short is working already
 
Quote from m22au:
I'm not arguing about the figures, but like Martinghoul wrote, it would be nice to see you attribute your source(s) if the research isn't your own work.
More...
+1
 
From Porter Stansberry's S&A Digest.

...................................

a smart lad and he knows his math

he called the gm chap. 11 at 50 bucks and the lehman puke at 90.00

i trade forex but watch his blog for the euro trash info.

s
 
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