Wall Street Breakfast: Must-Know News [View article]
OT- Who actually trades based upon those forecasts?
On Sep 25 09:09 AM Old Trader wrote:
> Re: RIMM > > Yesterday, Reuters had a short piece in which an analyst following > RIMM pointed out their numbers were good, but it was the guidance, > as well as the fact the numbers didn't meet "expectations", which > had been revised upwards, that caused an afterhours' meltdown.<br/> > > More than a few have pointed out, such disappointments of revised > expectations may be what triggers a "correction".
Preview from Europe: Banks Up on Expectation of Goldman Earnings [View article]
That's a wonderful idea Roger. But so long as the banks have the US Taxpayer to fall back on, there is no need for them to be creative. They don't need to get any more creative than a phone call to Tim Geitner. Perhaps those bankers think that if they renegotiate that mortgage, in 20 years, it still won't be back to where it was in 2005-6.
On Jul 14 08:20 AM Roger Knights wrote:
> Here is a quote that excited me from the Taleb/Spitznagel article: > > > “The only solution is to transform debt into equity across all sectors, > in an organised and systematic way. Instead of sending hate mail > to near-insolvent homeowners, banks should reach out to borrowers > and offer lower interest payments in exchange for equity.” > > I've been suggesting something similar here on SA for about eight > months (in comments): > > "Why can't the gov't. take over where Rex & Co. left off, by > offering homeowners a premium (say 15% of the house's current valuation) > in exchange for a share of future profits (say 50% beyond its current > market value) on the sale of the house? This would buffer the effects > of the current crunch on the homeowner, allowing him to make his > mortgage payments and/or renegotiate his mortgage, while being a > good long-term buy for the gov't. It’s win/win."
Report from Europe: A Grounded Boeing to Drag Down the Dow? [View article]
Wall Street Breakfast: Must-Know News [View article]
On Sep 25 09:09 AM Old Trader wrote:
> Re: RIMM
>
> Yesterday, Reuters had a short piece in which an analyst following
> RIMM pointed out their numbers were good, but it was the guidance,
> as well as the fact the numbers didn't meet "expectations", which
> had been revised upwards, that caused an afterhours' meltdown.<br/>
>
> More than a few have pointed out, such disappointments of revised
> expectations may be what triggers a "correction".
Preview from Europe: Banks Up on Expectation of Goldman Earnings [View article]
On Jul 14 08:20 AM Roger Knights wrote:
> Here is a quote that excited me from the Taleb/Spitznagel article:
>
>
> “The only solution is to transform debt into equity across all sectors,
> in an organised and systematic way. Instead of sending hate mail
> to near-insolvent homeowners, banks should reach out to borrowers
> and offer lower interest payments in exchange for equity.”
>
> I've been suggesting something similar here on SA for about eight
> months (in comments):
>
> "Why can't the gov't. take over where Rex & Co. left off, by
> offering homeowners a premium (say 15% of the house's current valuation)
> in exchange for a share of future profits (say 50% beyond its current
> market value) on the sale of the house? This would buffer the effects
> of the current crunch on the homeowner, allowing him to make his
> mortgage payments and/or renegotiate his mortgage, while being a
> good long-term buy for the gov't. It’s win/win."
Banking Crisis Not Yet Over [View article]
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