Anthony M. Freed

AIG Obligated to Pay Bonuses? Bull!

Sorry. Is corporate apologist better, perhaps?

Cheers!


On Mar 17 05:55 PM TXB wrote:

> And you called me a troll? Charming

What Might Happen in a Big Bank Failure?

There is really no way to know - I don't know if anyone can trust any numbers that are released any more, by anyone.

Combine that level of uncertainty with the idea that all of this money is "fungible" - you know, like none of the TARP or TARF money went to parties, bonuses, or to foreign Sovereign Wealth funds - that was all different money than the money took from us to keep from folding.

Who knows up from down anymore.

BTW - this wss written by my friend Scott Wilson, I was just asked to publish it for him through several channels.

Thanks!


On Mar 12 03:45 PM Briber wrote:

> Are you saying that the FDIC lost $200 MM on this closure? That
> is not what I heard.

Heartland Payment Systems: Breach Bad As Tylenol Poisonings?

Tom -

seekingalpha.com/artic...

Yours Truely...


On Jan 27 06:34 AM Crabby Tom wrote:

> You should take the time to learn how this industry's disclosure
> process functions before you attack Bob Carr. Further up the food
> chain is where disclosure policy eminates. Moreover Mr. Smartguy
> Knowitall, Carr's reference to the Tylenol case displays his commitment
> to combating this event with as much visibility as allowed, and with
> honorable regard for his customers, shareholders, and employees;
> just as J&J did with the same successful results. Grow up!

Heartland Systems: How Did the Information Breach Happen?

seekingalpha.com/artic...

Heartland Systems: How Did the Information Breach Happen?

Tom -

seekingalpha.com/artic...

Your Truly...

Heartland Systems: How Did the Information Breach Happen?

That may be true, but that does not undermine the validity of the questions, no the need for answers.


On Feb 16 05:30 PM Crabby Tom wrote:

> Mr Freeman: Again I state that if Heartland was permitted to divulge
> more information, they would. Bob Carr built this company predicated
> on open communication between management and the employees and the
> company and its merchant base. Heartland was the first company to
> provide an open fee structure and eliminate all of the hidden charges
> that were, and still are, a blemish on the industry. At this time,
> no one but the Card brands and the investigating government agencies
> are controlling the information flow.

Heartland Payment Systems: Breach Bad As Tylenol Poisonings?

Crabby Tom: "Mr. Smartguy Knowitall, Carr's reference to the Tylenol case displays his commitment to combating this event with as much visibility as allowed, and with honorable regard for his customers, shareholders, and employees; just as J&J did with the same successful results. Grow up!"

Mr. Carr's refernce to the Tylenol Poisonings shows that this is a bigger event than has been reported in the press, and needs further examination.

Please see the follow-up article, which includes a response I received from Heartland Reps on Friday:

information-security-r.../

Heartland Payment Systems: Breach Bad As Tylenol Poisonings?

User 348841: "This is an idiotic analogy. Seven persons *died* in 1982. You even link to the Wikipedia article about the case, but did you bother to read it? Oh, I get you're just trying to make a point. If you were a grown-up in 1982, you might have a different perspective I think; I hope. I was running a crime lab in 1982, nowhere near Chicago, but I assure you, the panic was literally global. If you need an example of a breach bringing down the business, please use CardSystems, not J&J."

Excuse, but you are an idiot - it was not me who used the Tylenol Poisonings as an analogy - it was ROBERT CARR!

Read the article befpre you comment so you do not sound like such a tard in your comments...

How Will We Finance the MBS Fix?

On Dec 23 08:06 AM Alan von Altendorf wrote:

> Your spelling and grammar are atrocious. You also forgot to address
> MBS as such. Kinda scary that you worked in banking.

You write in sentence fragments, and you sound like a troll.

Glass house stone throw no. Does that make sense to you?

How Will We Finance the MBS Fix?

That is the point - no one is talking about the details of the buyout of the MBS garbage. Why do the banks get to make money off their bad investments while we have to assume all of the risk.

You obviously do not know anything about which you speak, and you propagate ignorance.

Your are a Bush voter I bet. You guys got us into this mess, and you want to make a buck getting us out of it? Forget you!

If the US taxpayer is going to own the risk, then we should get the rewards as well - or at least the "easy money" from servicing.

I bet you are all for the bailout, CEO's golden parachutes and lower taxes. People like you are ruining our country, and making us a second class economic power.


On Dec 23 09:36 AM tcornelison wrote:

> I think the lack of knowledge is with the authors. It is amazing
> that two of you couldn't do better than this. They are purchasing
> the securities, not the servicing rights to the loans. No one has
> suggested that the government will begin servicing loans.

How Will We Finance the MBS Fix?

I notice you do not offer any articles or analysis yourself, just empty criticism. You also hide behind anonymity and have not posted a picture of yourself.

I think this generally means that you are a coward and an ass, with little or nothing to offer.

No Bio? You probably have no education or credentials, hence the need to hide from everyone.

Cowardly Troll!


On Dec 23 09:00 AM I should know wrote:

> Your 957 word, 23 paragraph rhetorical oratory could have been summed
> up in a few sentences.
>
> The government’s proposal to buy up MBS has substantial unresolved
> issues. There is plenty of excessive work in servicing toxic loans
> versus well performing loans. The government is ill equipped to perform
> this task and customarily boggles these type of tasks. A small number
> of major banks and mortgage servicing companies are qualified and
> equipped to service the MBS purchased by the Feds such as Chase (JPM),
> Bank of America (BAC), and Wells Fargo (WFC). There may be a buying
> opportunity with one or more of these companies.
>
>
> Anthony, your picture, or mug shot looks like is was taken in the
> exercise yard of Attica Correctional Facility. The fact that you
> worked in marketing, originating, processing, closing, secondary
> markets, and even foreclosures does NOT make you a “subject matter
> expert”. A blind, one-armed monkey could and probably does do those
> small tasks on a daily basis.
>
> SHEESH!

Ivanhoe Mines is a Bargain, But...

Your articles are difficult to read, as your punctuation and grammar are remedial at best:

"Except for one exasperatingly hopeless obstacle. The government of Mongolia tore up their agreement with Ivanhoe, held fresh elections, shot a few sore losers, and are idly reconsidering how much loot they want from Oyu Tolgoi. Ivanhoe shares dove from $12 to $2."

You might want explore the use of a "colon" and complete sentences in your writing, or you will continue to come across as a simpleton.

Sentence fragments are a sure sign of an unorganized mind.

Also, please stop whining about your poor choices of investments, no one cares.

The Illicit Relationship Between Goldman Sachs and Paulson

More scary stuff for the weekend read: seekingalpha.com/artic...

NY Fed Opens 'Pawn Shop' to Buy ABS 'Junk'

How about a rush to Treasuries and a massive sell-off in the stock market? That would be a major drawback considering we have not necessarily really tested the low DOW 7500 again - that would break it for sure.


On Dec 06 02:14 PM texalope wrote:

> Seems simpler to have the Treasury explicitly guarantee Agency MBS.
>
> This should bring down the spread and lower rates. I'd like to hear
> the logic against doing this.

The Financial Industry: Takes Too Much, Gives Too Little

"On Wednesday, December 3, 2008 The New York Federal Reserve website reported that they will begin to purchase Asset Backed Securities (ABS) from failed mortgage giants Fannie Mae and Freddie Mac, as well as the Federal Home Loan Banks.

They also hinted that they will stop there - everything seems to be on the table now, officially. Treasuries and stocks may see direct effects, with outcomes mixed. Initially, the program will concentrate on non-callable, fixed-rate senior benchmark securities such as Mortgage Backed Securities (MBS), but there are indications in the language used that the program may expand to include other ABS such as privately issued MBS (non-GSE), bonds, stocks and other equities.

With this much unprecedented Government intervention in the markets, I find it difficult to apply any models effectively in a predictive fashion. In the long run, I believe will be inflation and devaluation of the dollar - combined with the aftermath of record writedowns, mergers, buyouts, and outright failures that we will see in 2009 - that will be the legacy of these efforts."

yourmortgageoryourlife.../