Serge Birbrair

http://www.nothingcontroversial.com/forum/forumdisplay.php?f=25
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    • Sat May 3rd 04:48 AM | Rating: 0 0
      Commented on:
      Bond Trader: Friday Wrap
      I doubt very much that BAC can afford the guarantee. After all, BAC has it's own problem,
      Auction Rates Securities and associated class action law suits and arbitrations are just the part of it
      View article »
    • Sun Apr 27th 10:48 AM | Rating: 0 0
      Commented on:
      Systemic Weekend Reading
      Greg,
      the MOST troublesome part was:


      The other systemic issue confronting the global financial system is, of course, regulatory incompetence. “Fooling Some of the People All of the Time,” by Greenlight Capital’s David Einhorn, tells the story of his six year all-in battle with the extraordinarily sleazy Allied Capital (ALD), and its sleazy allies at the US Securities and Exchange Commission:

      It is a surprisingly dark story, in which Mr. Einhorn’s usual winning touch vanishes for most of the narrative. As he struggles to figure out why, he appears naïve at certain times, petulant at others. But he presses on anyway, confident that vindication will come. It never really does...

      ...Large chunks...amount to an angry man's recital of his grievances—and Mr. Einhorn has some good ones. An SEC lawyer who quizzed him aggressively about his short-selling methods later went into private practice and registered as a lobbyist for Allied.


      It was sent to
      Christopher Mulvihill - State of New York AG Office
      SEC
      B. Zvilev, State of Texas Securities Division,
      Bloomberg
      Dow Jones
      and many others state and government regulators, prosecutors, attorney generals offices, and news persons.


      We, the Auction Rate Securities investors who got caught in 330 billions mess, with UBS as a Key Player
      appreciate your article and I hope it will open many eyes, including the eyes on the very top of the
      SEC,
      AG offices,
      US Government and it's Financial Comittees.

      Yours truly,
      Serge Birbrair, ARS misled investor by UBS
      arsclassaction.com
      View article »
    • Sat Apr 26th 06:15 AM | Rating: 0 0
      Commented on:
      The Nascent Secondary Market in Auction-Rate Securities
      The problem of Auction Rate Security market is of the Biblical proportions. $330,000,000,000 are frozen and no end in sight. $330 bils are enough to bail 30+ Bear Stearns, but who will bail us, the bag holders of this misrepresented debacle!?

      Here are few things the investors should do:
      check ARS victims Action List:
      www.nothingcontroversi...

      Question EVERYTHING your FA tells you. Never forget, if it wasn't for your Financial Adviser, you would never be in this mess. "Ignorance is bliss" and I am envious toward customers of Fidelity, Scottrade, Vanguard and other firms who hasn't solicited this junk to investors looking for SAFE AND LIQUID cash alternatives.
      View article »
    • Sun Apr 20th 15:56 PM | Rating: 0 0
      Commented on:
      Insider Trends in the Financial Sector
      I think the financials are just setting the bear trap.
      View article »
    • Sun Apr 20th 15:53 PM | Rating: 0 0
      Commented on:
      Insider Trends in the Financial Sector
      Why would insiders buy now?
      There is another storm on the horizon,
      $330,000,000,000 storm which wasn't even addressed yet:
      arsclassaction.com
      View article »
    • Sat Apr 19th 05:51 AM | Rating: 0 0
      Commented on:
      Citigroup's Flush
      I am glad you mentioned Enron. There is another storm brewing -
      the class action lawsuits connected to ARS (Auction Rate Securities).
      This write down will be bigger than Enron related write downs.

      Wait 'til all those stories parade thru courts
      www.nothingcontroversi...

      View article »
    • Tue Apr 15th 03:31 AM | Rating: 0 0
      Commented on:
      Abusive Comments, Blog Aggregators and Freedom of Speech
      "sticks and stones..." I am sure that the ones with disparaging comments wished they never made them. The proof is in the pudding,
      Chris Marshall is obviously "the chef" and investors with poor attitudes are....just poorer investors.
      View article »
    • Mon Apr 14th 21:29 PM | Rating: 0 0
      Commented on:
      Retail Investors Stuck Holding Auction Rate Securities
      I am looking forward to the next Attorney General willing to throw the Martin Act the brokerage houses and put a few perps in prison.
      www.nothingcontroversi...

      This is a swindle of the century. Time to clean the house.
      View article »
    • Sat Apr 12th 14:54 PM | Rating: 0 0
      Commented on:
      GE Drops a Bomb, But Options Traders Are Cautiously Optimistic
      I like GE at the current levels as a pure dividend play. At current levels it pays 150 points over the money market. At some income from call writing and I think investors will weather the storm.
      I am long GE - short April 32 calls.
      View article »
    • Fri Apr 11th 23:13 PM | Rating: 0 0
      Commented on:
      Upcoming IPOs: Slim Pickings Make Penthouse Look Like a Winner
      The first time I read about this IPO was not in the financial press.
      I run into it at...
      gfy.com

      No wonder...
      View article »
    • Sun Apr 6th 16:37 PM | Rating: 0 0
      Commented on:
      UBS Joins ETN Marketplace with Eight Fund Launch
      Neither I nor others UBS clients whom UBS put in Auction Rate Securities will be supporting UBS products.
      How can one trust institutions who promissed us CASH EQUIVALENT liquid paper and in reality delivered us the good chunk of $330,000,000,000 mouse trap we now can't get out!?

      I be avoiding EVERYTHING sponsored and underwritten by UBS untill UBS makes the clients whole.

      Serge Birbrair whose CASH EQUIVALENT sold to me by UBS in the form of College ARC's are now priced by UBS at 80 cents on the dollar.
      View article »
    • Sun Apr 6th 12:01 PM | Rating: 0 0
      Commented on:
      UBS Plan Could Be the Road Map for Financials
      Todd, UBS has more illiquid assets besides subprime mortgages.

      What about illiquid ARS they have in their own acounts?

      What about ARS they are about to purchase for their mutual funds?
      www.nothingcontroversi...
      View article »
    • Sun Apr 6th 06:02 AM | Rating: 0 0
      Commented on:
      Does UBS Writedown Signal Banks Have Touched Bottom?
      UBS problems are not over. They seems to be one of the worst offenders in Auction Rate Securities crisis www.arsclassaction.com
      With class action law suit filed and individual law suits on the horizon, 37 billions in write offs will not be the last chapter of this saga.
      View article »
    • Sun Apr 6th 05:48 AM | Rating: 0 0
      Commented on:
      Credit Bust: Avoid Being the Little Guy
      Avoid being a "little guy"? Being a medium size guy is not fun anymore either:
      arsvictim.com

      When big guys sneeze, mid size guys getting cold
      arsCLASSaction.com

      View article »
    • Fri Apr 4th 15:04 PM | Rating: 0 0
      Commented on:
      This Week's Quiz: 5 Must-Know Headlines
      I am surprised the question of
      How Many Billions of dollars were frozen in
      Auction Rates Securities?

      Answer #1: Enough to bail out 2 Bear Stearns

      Answer #2: Enough to bail out 5 Bear Stearns

      Answer #3: Enough to bail out 11 Bear Stearns

      Here is the correct answer:
      arsclassaction.com

      View article »
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