Royal Bank Scotland PLC (RBS)

All Comments on RBS

  • commenter
    lblaine
    Jul 27 04:36 PM
    European Bank Downgrades To Accelerate - S&P [view article]
    Gabe:

    I agree with your assessment. Because of a declining US$, US assets will be so cheap that their prices will surge.     Reply
  • commenter
    gabe
    borenstein
    Jul 26 10:42 PM
    My Website
    European Bank Downgrades To Accelerate - S&P [view article]
    The downgrading of the European Banking Instiutions is the first warning to the investors bullish on Europe.
    The downgrading will lead to an objective evaluation of the risks that Europe faces but ignored by all.
    The high rates imposed on European Union members and Europe in general combined with a record per capita debt,will lead to a major economic implosion.Emerging markets will follow .
    The U.S will become "flight to quality"haven as in the U.S we are already addressing the key problems that have lead to the current debacle.
    Let's hope that ECB will be as competent rescuing their institutions as the FED is addressing our debacle.
    I have warned investors about the current U.S debacle twice .Once in an interview with Mark Gilbert(Bloomberg London) in June ,2005.The second time with the Brian Sullivan TV interview(Bloomberg),o... Sepember18/2007.
    Now I am saying that Europe will be facing economic and financial issues that could equate with the Armageddon. Emerging market economies will follow .U.S markets will ascent to the record highs.
    Downgrading of the European Banks will be the necessary catalyst leading to unprecedented debacle-period.     Reply
  • commenter
    jerrystroud
    Jul 23 08:31 AM
    SEC Shorting Restrictions: Are Some Banks Being Set Up? [view article]
    Thje advice has alway been "buy low, sell high" but these analyst had strong buys when bank stocks were at $60 and now that they bottomed out at $6, they issued strong sells. At the same time, you see buy orders from someone for a million shares at a time. Obviously my old aunt Mable? Couldn't possibly be these hugh institutions accumulating. Reply
  • commenter
    User 138602
    Jul 22 01:45 PM
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    foreign banks? is it because they have their head office in another country? all those institutions have money invested everywhere including USA. But I agree with the fact they should all be protected
    no privileges should be attached to only a handful in the same sector.
    thanks for the list and all that goes with it,really interesting and valuable tools.     Reply
  • commenter
    Chris C
    Jul 22 03:23 AM
    My Website
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    Excellent post. Short selling is real and destructive and done by some of the same banks on the protected list. But it seems like they don't like to be on the receiving end of the same treatment.

    Read the following please. It's worth your time, I promise.

    www.deepcapture.com/

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    And another site about the subject:

    megamata.com/forum/vie...

    Then sign this...

    www.petitiononline.com...     Reply
  • commenter
    mark mchugh
    Jul 21 11:38 PM
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    thanks all. BIG THANKS to gosailing and Greybeard. I completely missed the meaning of "primary dealers" in the statement (I never even think about government securities), but that is the 'sacred cow' list. Allianz is Dresdner Kleinwort, and Royal Bank is Greenwich Capital. Cantor Fitzgerald is private, and Bear Stearns will be absorbed into Lehman. I must concede the LBMA connection becomes a secondary footnote.

    I still think the question, "what does this mean?", is valid. I detest the selective enforcement of rules and was puzzled, to say the least, by the list. Maybe we should be expecting turmoil in the US goverment securities market.

    Shabba - I collected my short interest data from shortsqueeze.com and used google finance for some of the shares outstanding data (if it was missing at shortsqueeze). Many financials have very large short interest (NCC- 21%, for example). The point I was trying to make was the companies on that list don't have large short interest (excepting FRE, FNM & LEH). I couldn't tell you how accurate the information provided is, or how short interest from other exchanges is reflected on ours, if at all. But, from the info I can get, it certainly doesn't seem like the companies are under siege on our exchanges and that's all the SEC controls. So, why are they concerned?

    In both investing and life, I believe that those "weird little things" often turn out to be significant in hindsight, and if you can decipher them sooner rather than later, you'll be way better off. This may be one of those things. Plus, I can't resist a good conspiracy theory.

    Thanks again all, for sharing your insight.

     Reply
  • commenter
    Tim in SATX
    Jul 21 10:54 PM
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    Mark and all, the real protective target of the SEC list is just Fannie, Freddie and Lehman. The whole primary dealer thing is just thrown in there to add some hint of legitimate rationalization. The SEC is perverting their mission to protect investors. They have turned a blind eye to the whole bubble promotion issue, and now that we have the next bubble bust- in real estate finance, they are looking for scapegoats.
    Shorts play an essential role in mopping up bursting bubbles as they are the only bid while taking profits in a crash. This, after their offerside supply at the top protected the last fools from theirown bidding extremes.
    The SEC is misreading the rumor mongoring shorty boogieman here. The source of the rumors on Bear Stearns for example was merely the sharing of counterparty risk concerns as a part of legitimate business transactions. If you needed to hedge your BSC credit or counterparty risk in a meltdown, why not short the stock?
    The SEC is inadvertantly playing Whack-a-Mole with dynamic credit exposure hedging. Financial equities are intangible options on a leveraged balance sheet. Did anyone notice that during the short squeeze on the GSEs their MBS spreads blew out? Do you think their equities were getting kicked around like credit hedge option footballs? Did anyone notice how MBS spreads improved when the GSEs reversed today?
    Is the SEC now trying to promote GSE equity in a desperate attempt at a last ditch private market recapitalization? Are they misreading the shorting of Lehman as a bear raid when it is credit and counterparty risk exposure hedging?
    And as far as Hanky Panky Paulson goes- I say stop it with the shotgun socialism!     Reply
  • commenter
    Shabba
    Jul 21 08:25 PM
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    I think your data is wrong. It doesn't make any sense for the finanicals to have a lower short interest than the S&P 500. In fact it makes absolutely no sense whatsoever, and I gotta say that your data must be wrong. These stocks have been decimated. I wonder if this includes "naked shorts". How are they measuring this, is it the average short interest at the end of the day, or what? I've seen a lot of these companies exchange 20+% of their total shares in one day. This has to be massive short selling. Reply
  • commenter
    Greybeard
    Jul 21 07:18 PM
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    Good point, Gosailing.
    The Fed's Primary Dealers list has all on the 'sacred cow' SEC list except for Allianz SE and Royal Bank and Fannie Mae/Freddie Mac. The SEC's seemingly arbitrary list may have much more with keeping open the Fed's ability to trade volumes US securities. Thereby securing the Fed's ability to execute their monetary policy (right or wrong).
    www.newyorkfed.org/abo...
    Reply
  • commenter
    ringoes_man
    Jul 21 06:21 PM
    My Website
    Short Sales: SEC Turns Back the Clock to 1931 [view article]
    Let me get this straight; I pay my broker to buy, hold and eventually sell my stock (street thingy) and meanwhile he is short selling my shares and others in huge quantities in order to manipulate the price to my disadvantage?

    How is this legal? How did I give my broker the right to 'lend/sell' my shares?     Reply
  • commenter
    SYA
    Jul 21 05:33 PM
    Mother of All Short Squeezes? [view article]
    It has always mystified me that the SEC will let naked shorting occur as this would be defined as selling of unregistered and unissued shares which is illegal and forbidden under the Securities Act of 1933. A technicality--I don't think so. Until these shares are borrowed or covered the company's capitalization increases. Reply
  • commenter
    gosailing
    Jul 21 05:29 PM
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    SEC Chairman Cox specifically referenced " Primary Dealers", Fannie Mae, Freddie Mac in his "naked" shorting decision. Primary Dealers and requirements for being Primary Dealers are listed at the NY Federal Reserve website:www.newyorkfed.org/mar... Reply
  • commenter
    pavlov
    Jul 21 04:35 PM
    Short Sales: SEC Turns Back the Clock to 1931 [view article]
    Cut to the chase and just ban selling!!! Reply
  • commenter
    orca
    Jul 21 01:35 PM
    The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
    This is interesting information. I saw the list, didn't understand why some were and some weren't on it, especially the foreign ones, and although I'm not sure yet LBMA is the trigger to the compiled list it is not farfetched. Questions remain: why GS, why not WM/WB/etc, why not all 120 LBMA members (insofar that they have a US listing), but this truly is eye-opening. Good work Mark. Reply
  • commenter
    Lilliana
    Jul 21 01:25 PM
    Short Sales: SEC Turns Back the Clock to 1931 [view article]
    NOTE WELL
    Quote
    He that sells what isnt his'en must pay his debts or go to prison..
    ( Long standing rule..which has stood the test of time.)
    Reply
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