what the ?'s Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/140991/comments http://seekingalpha.com/article/62056-my-2008-predictions-for-financial-catastrophe?source=feed#comment-113596 113596
My forecast:
Bond insurers will be nationalized and the credit system restored with lots of stricter regulations.
Lots of smart people with huge money in real etate and banks
will set up corporations to hold foreclosers for slow release.
Luckily there are plenty of people smarter than me who will
find good/bad solutions to this mess until greed gets them again.
The economy will weaken and markets will suffer greatly but
will survive with the poor continuing to be poor and the rich etc blah
blah blah.]]> Wed, 30 Jan 2008 00:24:13 -0500
My forecast:
Bond insurers will be nationalized and the credit system restored with lots of stricter regulations.
Lots of smart people with huge money in real etate and banks
will set up corporations to hold foreclosers for slow release.
Luckily there are plenty of people smarter than me who will
find good/bad solutions to this mess until greed gets them again.
The economy will weaken and markets will suffer greatly but
will survive with the poor continuing to be poor and the rich etc blah
blah blah.]]> http://seekingalpha.com/article/61755-the-20-largest-trading-losses-in-history?source=feed#comment-113356 113356 But what about the ones they won't acknowledge or even find out??
Funny how big money corrupts everyone everywhere.

]]> Mon, 28 Jan 2008 23:46:13 -0500 But what about the ones they won't acknowledge or even find out??
Funny how big money corrupts everyone everywhere.

]]> http://seekingalpha.com/article/61835-rogue-traders-and-economic-capital?source=feed#comment-113354 113354
wait a minute, they don't have a gaming license do they?

I should have invested in casino stocks instead. ]]> Mon, 28 Jan 2008 23:09:09 -0500
wait a minute, they don't have a gaming license do they?

I should have invested in casino stocks instead. ]]> http://seekingalpha.com/article/61755-the-20-largest-trading-losses-in-history?source=feed#comment-113093 113093 Bre X Minerals 1997, 6 billion in market cap. wiped out. gold scandal;
Parmalet 2003, at 17 billion ;
World Com 2007 for financial mis statements;
and the biggest
ENRON over 31 biliion ]]> Sun, 27 Jan 2008 15:55:00 -0500 Bre X Minerals 1997, 6 billion in market cap. wiped out. gold scandal;
Parmalet 2003, at 17 billion ;
World Com 2007 for financial mis statements;
and the biggest
ENRON over 31 biliion ]]> http://seekingalpha.com/article/61661-who-is-jerome-kerviel?source=feed#comment-113086 113086 Jerome went long on futures; Amaranth was bullish on natural gas;
Long Term Capital was bullish on Russian bonds; Yasuo (Sumitomo) was bullish on copper: A L L banks were bullish on ABCP, CDO, SIV,etc BUT only Goldman went short and profitted. Even they were not that smart, GS just had better risk controls.

The trend is : too lose big money go long in a bear market.
Seem like we're in the mother of all bear markets.

David S. ---- I think you may see it correctly; this week's drop is only a false bottom caused by the too quick unwinding of the french position.
Unfortunately it could be just a precusor to bigger problems.


]]> Sun, 27 Jan 2008 15:31:40 -0500 Jerome went long on futures; Amaranth was bullish on natural gas;
Long Term Capital was bullish on Russian bonds; Yasuo (Sumitomo) was bullish on copper: A L L banks were bullish on ABCP, CDO, SIV,etc BUT only Goldman went short and profitted. Even they were not that smart, GS just had better risk controls.

The trend is : too lose big money go long in a bear market.
Seem like we're in the mother of all bear markets.

David S. ---- I think you may see it correctly; this week's drop is only a false bottom caused by the too quick unwinding of the french position.
Unfortunately it could be just a precusor to bigger problems.


]]> http://seekingalpha.com/article/60369-this-meltdown-has-gone-mainstream?source=feed#comment-110952 110952 a federal department. ]]> Wed, 16 Jan 2008 21:26:56 -0500 a federal department. ]]>