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Buffett's GE Warrants Quickly Trade Out of the Money

Back last Thursday (Sept 25) during a 'softball" interview with Immelt and his CNBC shills, GE stock popped from 23.50 to over 26 closing at 25.68. According to Immelt, even in a difficult world all was well for General Electric. Maybe he was hoping that Buffett was watching.

www.cnbc.com/id/158402...

Emerging Markets Ready to Re-emerge - Barron's

- The full Barrons Article (Free Access)

online.barrons.com/art...?

-Washington Post on emerging markets: Sept 13

www.washingtonpost.com...


-Marc Faber on emerging markets Sept 26

www.bloomberg.com/avp/...


-EMM Chart 5 year

tinyurl.com/4h58qd

Emerging Markets Ready to Re-emerge - Barron's

Perhaps El-Erian has been drinking from the same Kool-Aid cup that Bill Gross was drinking from after the Fannie Freddie bail out, when he stated that the Cat 4 economic storm had been downgraded to a Tropical Storm. Every interview I have seen featuring El Erian in the past two weeks suggested that global conditions will continue very weak into 2009 and beyond. Exports are key to most emerging economies - exactly where will they be exporting to, the US and Europe?

McCain's Economics

Mr. Salmon: Didn’t you mean to post this article at the HuffingtonPost.com - such partisan crap and without one quotation of Obama just your pronouncement "When it comes to the economy, then, I'd say that Obama lived up to reasonably high expectations"

Worrying About Large-Deposit Bank Runs

bangkokdog wrote: I think Felix Salmon is missing the whole picture. At this point it 's not important anymore if people ....

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Salmon is absolutely correct that large deposits will be reallocated - it's happening now - but I think Bankokdog has identified phase two, which is the flight to safety a la Marc Faber and Jim Rogers - (time to convert the bank notes in the safety deposit box to Vienna Philharmonica)

www.cnbc.com/id/158402...

Why Friday Came Early

R0bert - from a purely political perspective McCain's move is brilliant - the masses rightly or wrongly hate this plan - Obama is even aligned with Bush in this. If the world comes to an end ad B&P predict who will get the blame? The dems have the necessary votes to pass this but they are terrified to do it alone. checkmate

Is the $700 Billion Really for Bailing Out the Fed?

The PPT could well employ reverse psychology Friday - a thou on the Dow (down that is) by noon might motivate quick passage of the bail out -- and present a golden trading opportunity.

Pimco's Bill Gross: Bailout Plan Benefits Main Street

You'd think that the vast amounts of money sitting on the sidelines would jump at such a great opportunity. How much did Pimco make again on the Fannie Freddie Bail out -- was it $6B or was it $7B - I guess one good philanthropic turn deserves another -

With the announcement of the Fannie bail out Gross stated that the Category 4 financial storm had been downgraded to a Tropical Storm -- what a difference a week makes...

Bush's Speech: Surprisingly Coherent

I posted this question elsewhere and would be very interested in a response. Bush focused on housing as the root of all evil "As a result, many mortgage holders began to default." My question is: What is the aggregate value of mortgages in default since the beginning of this crisis? Is it $700B - I have heard but can't find verification that it is closer to $100B --

Re-Invigorate Main Street, Instead of Bailing Out Wall Street

What's the aggregate value of mortgages in default since 2007?

Don't Panic

Yes and while the debate over McCain and Obama and the $700B bail out is underway-- guess what slipped through the House today in a 370-58 vote. A $25B package for the Auto industry - chump change

www.ft.com/cms/s/0/83b...

Bill Gross on the Bailout Plan

If you want a real laugh - watch this interview on CNBC as Bill Gross explains how this is a great deal for tax payers (charts and all) and how much they will make. The best is the talking head doing the interview nodding in agreement like some bobble headed hood ornament.

On the positive side Bill Gross offered his and Pimco's services free of charge to help manage the $700B (I guess his $6B profit on the Fannie bail out was part of the deal)

www.cnbc.com/id/158402...

Buffett Enters the Fray

Hank: So I'll pencil you in for 5 Bill??
Warren: Oh, OK, OK.
Hank: For these terms, you know what this means right?
Warren: I have to do CNBC.
Hank: You bet. And Bloomberg, and CNN, and Oprah, and anyone else who will listen.....
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Likely a pretty close transcript of the call to WB -- (what's interesting is that on FastMoney last night as the news broke they at the very same time plugged the CNBC Buffett interview this morning - how could they have known?)

The hearings today made great use of the Buffett news and I must say the tone was far less antagonistic than yesterday.

And the CNBC commentary on the bail out is even more objective than MSBC's political reporting .

But here's my question: When the formal word goes out bail out is done - How many points on the Dow? How long will that last before the current lows are tested?

Where's the Bottom? Still Anybody's Guess

Great article, reminds me of the BCA Research commentatry from back on Sept '07 titled "An Inflection Point in the Debt SuperCycle"

www.beearly.com/pdfFil...

Buffett Enters the Fray

Deja Vu -

Feb 12, 2008 Markets Spike higher on Buffetts Offer

This morning (Feb 12) on CNBC's Squawk Box, Warren Buffett publicly revealed for the first time that he has offered to reinsure $800 billion in municipal bonds now covered by the troubled insurers MBIA, Ambac and FGIC.

www.cnbc.com/id/231261.../