Serge

Playing the Market as Delinquencies Continue to Rise

How is a short position a derivative contract? That's like saying that a long position is a derivative of a firm's free cash flows.

WaMu to IndyMac Customers: Your Money's No Good Here

JESUS H. CHRIST. PLEASE CHECK YOUR FACTS BEFORE QUOTING YELLOW JOURNALISM. THE COMPANY HAS ANNOUNCED THAT THEY ACCEPT INDYMAC CHECKS.

Financials Are Having a Dead Cat Bounce

Yes, clearly the market is irrational to be snapping up these equities at a cheap price. After all, these companies will lose money forever, just like they did in the past.