Financials Likely in Dead Cat Bounce, But Fed's Now a Wildcard [View article]
There is another financial broohahah is brewing the collapsed Auction Rates Securities market which locked $330,000,000,000,000 in now absolutely illiquid securities.
I guestimate that people who invested in them did not put the last cent into them and I use conservative 1/3 of their investment assets, which means - those investors control over 1 TRILLION dollars worth of investments and unless the matter is resolved soon, the steamy investors, me included, will move our portfolios from UBS, Merrill, Wachovia, Banc of America and put them with institutions who didn't soil themselves with those instruments.
The one trillion dollars Exodus will be a one heck of a show to see.
Valuing Investment Banks [View article]
How many billions are those lawsuits and IRS investigations are worth?
"UBS, it's U - arsvictims.com and US -sergebirbrair.com/UBS.... "
How Deceitful Are the Big Banks? [View article]
How Deceitful Are the Big Banks? [View article]
If A equals B and A equals C,
B=C
Financials of major Investment Banks you can find in this chart made by St Louis Federal reserve:
research.stlouisfed.or...
Bill, don't be afraid to generalise, the truth is scarrier than we all can imagine.
I double dog dare everybody to find scarrier chart in their lifetimes.
How Deceitful Are the Big Banks? [View article]
UBS and it's "cowboy style" banking makes it the best run bank in the world:
www.nothingcontroversi...
UBS Plan Could Be the Road Map for Financials [View article]
What about illiquid ARS they have in their own acounts?
What about ARS they are about to purchase for their mutual funds?
www.nothingcontroversi...
Financials Likely in Dead Cat Bounce, But Fed's Now a Wildcard [View article]
How many Bear Stearns those $330 BILLIONS buy even at the last month prices?
Financials Likely in Dead Cat Bounce, But Fed's Now a Wildcard [View article]
the collapsed Auction Rates Securities market which locked
$330,000,000,000,000 in now absolutely illiquid securities.
I guestimate that people who invested in them did not put the last cent into them and I use conservative 1/3 of their investment assets, which means -
those investors control over 1 TRILLION dollars worth of investments and unless the matter is resolved soon,
the steamy investors, me included, will move our portfolios from
UBS, Merrill, Wachovia, Banc of America and put them with institutions who didn't soil themselves with those instruments.
The one trillion dollars Exodus will be a one heck of a show to see.
Here is the sccop and the debth of the problem:
nothingcontroversial.c...