Financial Crisis: Remembering What Got Us There Is Critical [View article]
Bernanke was not the cause of the financial crisis. What was, is still a good question, and topic for discussion. Matt Blackman reported here over a year ago that the possibility of a black hole had been created when $535 trillion in CDS and CDO inventions along with sub prime lending started unravelling around Bear Sterns Monday. Greenspan wrote in his book "Age of Turbulence" (we may just be in the eye of the hurricane at present) about the elegance of derivative swaps in risk management, but also the danger that arose along with their creation because the technology used to create them, and the instruments themselves were not fully understood by the creators (where are those guy's? will any of them be in Pittsburgh next week?). Maybe elegance and danger have morphed into "miss-pricing of risk" in Mr G's furthering of the discussion. Any thoughts...
On Sep 23 02:17 PM Mad Hedge Fund Trader wrote: .... how smart Bernanke really > is.
Five Challenges Ahead as the Corporate Soup Lines Grow [View article]
Matt, any news from the other side of the credit derivatives time machine. There has to be at least $300 trillion left in the forces pulling us towards the black hole you mentioned back in March.
Wall Street Breakfast: Must-Know News [View article]
Not boring. " Says Jim Croft, of the Mortgage Asset Research Institute, "Real estate inflation bailed out an awful lot of bad loans." " Inscrutable wtf?
Wall Street Breakfast: Must-Know News [View article]
re "gas in China should cost about $3.06/gallon - still subsidized, but less so." With gas at 4$.00 in the US, where does the line between pure supply and demand vs. manipulated markets fall? Subsidized gas would help strengthen the consumer base in China for future GDP growth. Meanwhile here in the good ol US of A (or perhaps it's now the new weird US of A) we are adapting to... "Voracious Chinese demand is widely seen as the number-one reason for soaring oil prices" Are we getting Shanghied?
Financial Crisis: Remembering What Got Us There Is Critical [View article]
Greenspan wrote in his book "Age of Turbulence" (we may just be in the eye of the hurricane at present) about the elegance of derivative swaps in risk management, but also the danger that arose along with their creation because the technology used to create them, and the instruments themselves were not fully understood by the creators (where are those guy's? will any of them be in Pittsburgh next week?). Maybe elegance and danger have morphed into "miss-pricing of risk" in Mr G's furthering of the discussion. Any thoughts...
On Sep 23 02:17 PM Mad Hedge Fund Trader wrote:
.... how smart Bernanke really
> is.
Wall Street Breakfast: Must-Know News [View article]
On Jun 12 10:14 AM James Quinn wrote:
> theburningplatform.com...
Wall Street Breakfast: Must-Know News [View article]
Five Challenges Ahead as the Corporate Soup Lines Grow [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
With gas at 4$.00 in the US, where does the line between pure supply and demand vs. manipulated markets fall? Subsidized gas would help strengthen the consumer base in China for future GDP growth. Meanwhile here in the good ol US of A (or perhaps it's now the new weird US of A) we are adapting to... "Voracious Chinese demand is widely seen as the number-one reason for soaring oil prices" Are we getting Shanghied?