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R. Richard Schweitzer » Comments » ABK

  • Wall Street Breakfast: Must-Know News [View article]
    Gee, Ishortyou, how many times will you post this same stuff?

    Disclosure: Long MBI - so not antithetical.
    Jun 20 08:06 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Real good today Eli.
    Jun 19 08:32 am |Rating: 0 0 |Link to Comment
  • Whitney Tilson’s Response on the Monolines  [View article]
    What role do you suppose W-P has been playing in the decisions on the deployments of capital infusions?
    Jun 18 06:49 am |Rating: 0 0 |Link to Comment
  • Bond Insurer Buying: Time to Dabble Soon? [View article]
    Very little is said about the infusion from Warburg Pincus into MBIA at $13, indicating that net assets could be purchased at a discount.
    W-P staff are well positioned to dtermine the proper discount for those "liquid" assets.

    Of course, it will be the earning power of those assets that gain the attention of most analysts, who may no quickly realize that during this "hiatus" the game has changed.
    Jun 18 06:36 am |Rating: 0 0 |Link to Comment
  • Falling Timbers - Cramer's Stop Trading! (4/24/08) [View article]
    S A's continued publication of summaries of the "pops" in TV financial shows is a good service. We are provided a snapshot of some of the influences on those who go "Barefoot in the Bazzar."

    As to Cramer, he does advise what few probably do - do your homework, learn what you are doing and be sure of why you do it.
    Most cogent self-directed investors (and traders - Cramer's metre) simply don't have time for the whole of any of the "pops," despite their content and kinds of coverage.

    So, thank you S A!
    Apr 27 11:45 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    We have to keep in mind, these are summaries, and not analytical reports. He reports on opinions rather opines However, he should be free to opine on the quality of those opinions.
    Apr 23 11:06 am |Rating: 0 0 |Link to Comment
  • Under The Radar News - Friday [View article]

    For the life of me, I can't understand why those affected don't grasp that the "two classes" of risks insured by MBI, Ambac, et al can be reinsured separately, without "breaking up" the issuer of the primary coverage.

    Two separate "syndicates" (a la Lloyds) could be assembled. One from the Calpers and other Muni-related funds (whose flow of funds derives from Muni borrowings in large measure that are a major source of payrolls). The other from the financial institutions that are exposed to "valuation" adjustments in this era of uncertain or absent pricing.
    Mar 01 12:55 pm |Rating: 0 0 |Link to Comment
  • Buffett's Offer: Great for Him, Terrible for Bond Insurers [View article]
    Note that W.B. does not say that the R/I premium is based on the risk or on it's "term return" (as say in Cat Covers) it is based on the benefit to the capital account (statutory surplus) of the reinsured. This is not R/I, it is 'banking.'

    The NYSID can put together a R/I "pool" that the legislature would approve in a heartbeat, that would run for a term (about 15 years), banks, funds and public authorities could fund it quickly with a reasonable rate of return (not 14% tho').

    W.B. has shown the way! Lead, follow or get out of the way!
    Feb 12 15:21 pm |Rating: 0 0 |Link to Comment
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