It is very difficult to see how the company can ever repay the Govt. The debt to the Govt alone is far more than the earning of the Company for the last three decades. Taxpayers will have to eat a lot of that money despite all of the proclamations to the contrary by Ben.
An Unconventional Option - Go Long Financials [View article]
Don't forget that the more in the money you go, less is the time premium and hence the chances of a premature assignment, likely just when the stock moves down due a headline.
What, If Anything, Are CDS Spreads Telling Us? [View article]
The author of this article must be more restrained in his criticism of the language skills of those who comment and focus instead on the content/message. Fabien Hug's comments are very valid. He merely questions the wisdom of using the data/info from the CDS market given its opaqueness and total control by a few.
Don't understand your WFC suggestion. The DJI already has BAC, C, JPM without counting AXP and GE (Half financial). That is 10% of the 30 stocks in the DJI. Need more financials?
Market on Short Side of AIG [View article]
An Unconventional Option - Go Long Financials [View article]
What, If Anything, Are CDS Spreads Telling Us? [View article]
The Dow Adds Kraft [View article]