mangy cat

Barclays Will Not Pick Up Lehman ETNs

etns aint lehman assets
they are liabilities

so one day, some day
etn holders might get a penny or two back
in the share out of very thin pizza slices among all non-privileged creditors

so be it

Nightmares on ETN Street: When Issuers Go Bust

"Apparently Lehman Brothers (LEH) backed a few of them under the brand name Opta"
why "apparently"? they did issue them as their indexed debt, not backed them

ETNs and Bankruptcy: No 'Mr. In Between'

you had all been warned:


Portfolio is a Dog? Diversify Into Cows and Pigs
by: Matthew Bradbard posted on: August 01, 2008 | about stocks: COW / LSO / MOO

This article has 1 comment:
•

mangy cat
Aug 01 08:38 PM
moo is no cow, it's an agribusiness etf with very little livestock in it

you skipped ubc, another livestock etn, if one can trust ubs to last the course
but is it any worse than lehman?

Taking iPath DJ Livestock Cow out of the Barn [view article]
all three being etns, how does the relative chances of barclays (cow), lehman (lso), and ubs (ubc) surviving a generation and longer, affect their respective valuations? Apr 26 09:23 AM


The Only Thing Wrong with ETNs [view article]
ami i glad somebody has actually picked up the possibility that sometime during the next generation ubs, barclays or lehman (even the swedish export credit bank) may fold, a "minor" detail among much b.s on the relative merits of the agricultural commodity etns May 08 09:02 PM

Say It Ain't So: Barclays to Allow Default of Lehman ETNs?

you had all been warned:


Portfolio is a Dog? Diversify Into Cows and Pigs
by: Matthew Bradbard posted on: August 01, 2008 | about stocks: COW / LSO / MOO

This article has 1 comment:
•

mangy cat
Aug 01 08:38 PM
moo is no cow, it's an agribusiness etf with very little livestock in it

you skipped ubc, another livestock etn, if one can trust ubs to last the course
but is it any worse than lehman?

Taking iPath DJ Livestock Cow out of the Barn [view article]
all three being etns, how does the relative chances of barclays (cow), lehman (lso), and ubs (ubc) surviving a generation and longer, affect their respective valuations? Apr 26 09:23 AM


The Only Thing Wrong with ETNs [view article]
ami i glad somebody has actually picked up the possibility that sometime during the next generation ubs, barclays or lehman (even the swedish export credit bank) may fold, a "minor" detail among much b.s on the relative merits of the agricultural commodity etns May 08 09:02 PM

Does Lehman Failing Endanger the Overall ETN Market?

And a couple of earlier warnings:

Taking iPath DJ Livestock Cow out of the Barn [view article]
all three being etns, how does the relative chances of barclays (cow), lehman (lso), and ubs (ubc) surviving a generation and longer, affect their respective valuations? Apr 26 09:23 AM


The Only Thing Wrong with ETNs [view article]
ami i glad somebody has actually picked up the possibility that sometime during the next generation ubs, barclays or lehman (even the swedish export credit bank) may fold, a "minor" detail among much b.s on the relative merits of the agricultural commodity etns May 08 09:02 PM

Does Lehman Failing Endanger the Overall ETN Market?

not to brag about foresight, however:

Portfolio is a Dog? Diversify Into Cows and Pigs
by: Matthew Bradbard posted on: August 01, 2008 | about stocks: COW / LSO / MOO

This article has 1 comment:
•

mangy cat
Aug 01 08:38 PM
moo is no cow, it's an agribusiness etf with very little livestock in it

you skipped ubc, another livestock etn, if one can trust ubs to last the course
but is it any worse than lehman?

Struggling ETFs

also etns may be easier to create by issuer than etfs
if a demand appears
the issue is whether ubs feels it pays to have resources devoted to a 5 mln indexed certificate of deposit (uag)

plus timing, nets may take some time to take off

Struggling ETFs

in second table
isn't turnover more relevant than volume?
ok brk is rather a mouthfull
but on this scale een seems twice as illiquid as ifeu, although ranked otherwise