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Trading Obama: Solar Stocks, GM Debt, Ambac Calls, Lorillard and Goldman Puts

ABK is already negative equity. it should be penny stock by now. with a "junk" bond rating, nobody will award them any new biz and their days are numbered.

Trading Obama: Solar Stocks, GM Debt, Ambac Calls, Lorillard and Goldman Puts

Greg, do you do your homework at all? STP is based in US? check it again. BTW, Can you post your harvard diploma? NOT the high school one.

TARP Passes - Now What?

Remember the "toxic" assets on banks balance sheet is already marked down significantly. Even if fed pays less that, there is not much room to go below, otherwise, it is meaningless to have this program. the most likely outcome is that we will see banks solely concentrated on toxic stuff vanishes by liquidation while well diversified unfortunately banks like GS and MS really benefit from the TARP.