Griz

John Paulson: Long Financials

Also, I'm sure he was short elsewhere so all that had to happen was that financials performed better than where he was short (all past tense of course because he's absolutely onto some other pairing).

Paulson/Bernanke: $700 Billion at 'Hold to Maturity' Pricing

I can't believe what I am hearing… “Hold to maturity”? It’s almost like these hypocritical socio-capitalists are now turning on the very principle that they promoted so earnestly on the ride up. Do we now all of a sudden no longer have an efficient market? Are the markets only efficient in measuring asset price inflation? Can real estate only go up? Hold to maturity is a f#####g insult to anyone with 2nd-grade education. It is blindingly insulting that Bernanke would propose some new “valuation model” and expect the taxpayer to feel better about it. It is outright lying!!