Serge Birbrair

The Stress Test's Biggest Loser: GMAC

Alex, thanks a bunch! I am ashamed to have GMAC bonds and no clue what exactly they are. I do now, thanks to you.

The Stress Test's Biggest Loser: GMAC

Alex, I thought GMAC is GM's subsidiary, no?

The Stress Test's Biggest Loser: GMAC

How will the GM bankruptcy affect GMAC bondholders?
news.yahoo.com/s/ap/20...

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...