Serge Birbrair

What the Auction Rate Securities Settlement Doesn't Do

Jake, I am sorry to rain on your article, but I wish you do the due diligence the next time your write the articles appearing on Seeking Alpha.

Here is where the lack of due diligence shines bright:
www.nothingcontroversi...

Auction Rate Securities: Who's To Blame?

Like I said and 30 seconds ago Andrew Cuomo confirmed it:
His office represents the PEOPLE (us)

As far as penalty rates are concerned,
Michael, some of the current penalty rates are LOWER than they were prior to Feb 13th. Andrew Cuomo returns confidence into the market place and billions of dollars as well. When I get my money back, I'll buy real estate FOR CASH and us, the redeemed investors, will stop the slide of the housing market.

All well what ends well and I glad you taking this lesson in ARS in stride.

Auction Rate Securities: Who's To Blame?

Michael Steinberg, Cuomo, who is indeed very sympathetic to the banks and not investors, per your story,
invites more bankers to settle with investors he has no sympathy for, according to your fairy tale.
For your reading pleasure:
www.bloomberg.com/apps...

I hope you don't have anything against real journalists who do their due diligence.

Auction Rate Securities: Who's To Blame?

Michael Steinberg, do you have proof that Attorney Generals have no sympathy for investors or is it hearsay? I don't want to be "lolled into complacency" and I am questioning your expertise on the subject.

How could investor know that investor was buying the long term bond when no prospectuses were offered and the only information investor could rely upon were:
words of their brokers
published materials by brokerage companies telling them that the investment was "Cash Alternative"?

I appreciate your Monday Quarterbacking, but I see no substance in your post whatsoever.

There is a poll going on if you are incompetent or just enjoy your pontifications, stay tuned, we'll know by the end of the day from investors.
nothingcontroversial.c...

Have a nice day and do me a favor, do some due diligence before you write your next "well informed" opinion.

P.S. when you get the proof about the alleged positions of AG's we, the investors, are in the constant contacts with - please feel free to post them here for all to see how right you were.

All - this will be a very long wait, bring your pop corn and folding chairs.

Valuing Investment Banks

..and how much will you value UBS Bank?
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?

Burt, if I was long LEH, I'd be touchy too. Have you ever heard of shorting the stocks instead of buying them?

How Deceitful Are the Big Banks?

Burt,
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?

You don't say....
UBS and it's "cowboy style" banking makes it the best run bank in the world:
www.nothingcontroversi...

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.

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...

Global Credit Crisis: $1.2 Trillion and Counting

Only a trillion!? Did they add Auction Rate Securities to the mix? $330 Billions are now locked up and either can't participate in any markets/ real estate purchases or will be forked by the banks and brokerage houses in question if investors suceed in their massive law suits.
ARSclassAction.com

I say 1 trillion is a way to conservative, I see more thna that in USA alone.