Guy1

The 10 Largest Trading Losses In History

I think it would be interesting and informative to juxtapose the trading losses graphic with a 10 largest trading gains.

I wonder how many of the largest winners were derivatives.

I bet some folks are very good at juggling flaming chainsaws!

Jumbo Mortgage Risk Will Topple the Teetering GSEs

A well thought out reasoned post, but I must disagree that the GSE's will topple. In the current pseudo-socialist political environment we live in do you really think there will not be a massive WPA-like tax payer rescue of the mortgage system? We're on the verge of socialist universal health care and the rescue of greedy home borrowers - these same people won't let the housing market fall out of there never ending grasp for the daily control of our lives.

Pundits Calling for 10-Year Notes at 2.5%

"It seems the lowest the 10-year yield fell was to slightly above 3%"

For the record I marked the 10 yr UST @ 3.07% interday on 06/13/2003. Close that day on Bloomberg was 3.10% for the then current 10 yr. The Fed's H15 records the bond @ 3.20%.

Regards,
Guy