discov

Warrants Remain an Issue for U.S. Banks Exiting TARP

I guess it's a win for the Treasury if you can really separate the treasury from the Fed. but I don't see it that way.

Ten Banks Escape from TARP: Reason to Celebrate?

I want some tarp myself. I will start a new bank, apply for TARP get 25 billion, then go buy JNK with all of it.

JNK yields 13.16% annually. I will pocket the 8.6% over the tarp interest rate and do no work.

If JNK goes in the crapper I will apply for TARP funds

ha ha ha ha ha....so stupid, yet still a more viable model than what the banks are running.

Underestimating Citigroup

C is a black box, you would need a lot more specific research to back up a long position in such a speculative long (especially if you are going long the common)

I also did some TA here tinyurl.com/8nxn9h the technicals aren't convincing either.

Banking Won't Be Fun for a While

The new banks have not been de-leveraged. They are just moving their assets off balance sheet through the PPIP. They are posing as the private investors, getting more leverage from the Treasury and Fed, then buying their assets under another subsidiary name.

America is being impoverished by their banking government, and we still can't short the market at least not until we get a technical break of the current trend
concisetrading.blogspo...

Derivatives: Gambling at Public Expense

The derivatives debacle is definitely unsolved and getting hidden under more and more Governmental meddling. Still, it hasn't paid to be early shorting this market wait until this concisetrading.blogspo...
trend line breaks

Are the Big Banks Gaming the Taxpayer?

It's not mind boggling, it makes perfect sense. Our government (republican or democrat) has been very consistent in places bank interests above tax payer interests since the beginning of the "credit crisis"

This is more predictable, than confusing.

What, If Anything, Are CDS Spreads Telling Us?

Thanks Rakesh, I have learned a lot from your articles. I have been staying out of bonds all together, not just because of CDS data, but because systemic risk doesn't care if you own common stock or senior bonds.

Ryan
concisetrading.blogspo.../

Five Reasons Citi's Worth the Long Risk

This is amateur. The game has changed. You are looking at
1.) a valuation that is a lie
2.) a regulatory and economic fund long term change in mortgages
3.) no stocks are invincible
4.) bounce back factor was something to look at on Nov. 21st, not now
5.) International CDS exposure is exactly the thing that will make C unable to be saved by the government or anyone else.

S&P 500 Financial Sector Market Cap Continues to Sink

I think that this clearly shows common stock in banks is meaningless. The government and the banks don't care about common stock holders. Common stock is now a vehicle to steal capital through stock offerings. (actually maybe that's all over already, maybe it's just a vehicle to lose value).

I am buying RF puts, and I am not alone.

concisetrading.blogspo.../
Ryan

Global Earnings Downturn Only 25% Done - Citi

Citi and other banks give these overwhelmingly overly optimistic reports because it's what they hope happens, not because it's actually a likely scenario based on reality.
tinyurl.com/8nxn9h
Ryan

Citigroup's Derivatives Reduce Bailout to a Non-Event

Sugar Daddy, you make a great point that 3% of 643 trillion is more than 19 trillion and more than anyone can afford.

The thing is...there is no way we will get out of this with only 3%. I would be shocked if we get out under 7%.

concisetrading.blogspo.../
Ryan

Breaking News: Wells Fargo Buys Wachovia

We will see if it's at all profitable for WFC. Right now there is no proof of that.
concisetrading.blogspo.../
Ryan

An Optimist Looks at the Market

This article shows real lack of understanding global economics.

concisetrading.blogspo.../
Ryan

Global Capital Asset Death Spiral

I don't think there is a regulatory solution to the problem. If you buy bad crap with lots of money, then you get hurt ...a lot.

I personally am short BAC right now. I imagine there is a whole lot off money in the stock who thought the GSE bailout would start a financial led market recovery. Now that it's not happening, they have to sell.

I posted my exact trade at concisetrading.blogspo.../
Ryan

Disclosure from Financials? I Call B.S.

What freaks me out is how the Fed is accepting this paper against short term loans. No one! I mean no one else would do that.

concisetrading.blogspo.../
ryan