Mase's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/219293/comments http://seekingalpha.com/article/160676-returning-to-the-real-world?source=feed#comment-669460 669460 This is not a case of which is the better buy in an investment sense...to me this raises the question about nations buying the assets of other nations. It is an ownershipthing...a power thing.]]> Wed, 09 Sep 2009 17:08:13 -0400 This is not a case of which is the better buy in an investment sense...to me this raises the question about nations buying the assets of other nations. It is an ownershipthing...a power thing.]]> http://seekingalpha.com/article/152947-in-the-commercial-banking-sector-no-green-shoots-yet?source=feed#comment-610648 610648 where did you get the 749B in the article? I referred to $743.9 billion in the article, but that was for excess reserves in the banking system and not cash assets, which totaled $958.7 billion July 15 2009. And, where did you get the 340 billion in cash assets since the figure in the post is $320 billion. The $320 billion was the average for June 2008. The average for May 2008 was $309.1 billion and the numbers for other months around then were very similar.
Bottom line...I have no idea where you are getting your numbers from. I am getting mine from the Federal Reserve release H.8. ]]> Sat, 01 Aug 2009 09:46:11 -0400 where did you get the 749B in the article? I referred to $743.9 billion in the article, but that was for excess reserves in the banking system and not cash assets, which totaled $958.7 billion July 15 2009. And, where did you get the 340 billion in cash assets since the figure in the post is $320 billion. The $320 billion was the average for June 2008. The average for May 2008 was $309.1 billion and the numbers for other months around then were very similar.
Bottom line...I have no idea where you are getting your numbers from. I am getting mine from the Federal Reserve release H.8. ]]> http://seekingalpha.com/article/152947-in-the-commercial-banking-sector-no-green-shoots-yet?source=feed#comment-610615 610615 How can the total loans of these banks exceed 19 Trillion dollars when the total assets of these banks total 12 Trillion dollars. And all these numbers are on the same page! ]]> Sat, 01 Aug 2009 08:58:47 -0400 How can the total loans of these banks exceed 19 Trillion dollars when the total assets of these banks total 12 Trillion dollars. And all these numbers are on the same page! ]]> http://seekingalpha.com/article/151314-should-bernanke-be-reappointed?source=feed#comment-603288 603288
I remember listening to many thrift managements taking their institutions public in the 1980s telling potential investors..."Give me tens of millions of dollars to run my thrift institution. Sure, I was the one that got it into the mess it is in, but I have learned from my experience!"

What did Barnum say?]]> Mon, 27 Jul 2009 08:35:02 -0400
I remember listening to many thrift managements taking their institutions public in the 1980s telling potential investors..."Give me tens of millions of dollars to run my thrift institution. Sure, I was the one that got it into the mess it is in, but I have learned from my experience!"

What did Barnum say?]]> http://seekingalpha.com/article/148730-cit-s-debt-issues-show-why-the-economy-won-t-be-picking-up-any-time-soon?source=feed#comment-587945 587945 www.ft.com/cms/s/0/4e0...). The existing shareholders have already given up their rights by not paying attention and letting the company go "down the tubes" so diluting the current equity holders is not the issue. The question then is what does providing the equity exchange do? Taleb and Spitznagel argue that the world has changed and is more volatile, therefore, debt is riskier than it was before. Because of this more equity should be involved in any financing decision.
Who disagrees with this? But, what is getting equity for your bonds? It is basically renouncing the debt of the company on a gamble that the company will get its act together. This can also be done through bankruptcy.


On Jul 14 02:16 PM DannyBoy29 wrote:

> What about a fourth alternative, converting debt to equity? Granted
> it would be dilutive to current equity holders and may not be an
> option in all cases, I doubt CIT’s bond holders want a potentially
> worthless stock, but in many cases it is a viable alternative.]]> Tue, 14 Jul 2009 14:53:53 -0400 www.ft.com/cms/s/0/4e0...). The existing shareholders have already given up their rights by not paying attention and letting the company go "down the tubes" so diluting the current equity holders is not the issue. The question then is what does providing the equity exchange do? Taleb and Spitznagel argue that the world has changed and is more volatile, therefore, debt is riskier than it was before. Because of this more equity should be involved in any financing decision.
Who disagrees with this? But, what is getting equity for your bonds? It is basically renouncing the debt of the company on a gamble that the company will get its act together. This can also be done through bankruptcy.


On Jul 14 02:16 PM DannyBoy29 wrote:

> What about a fourth alternative, converting debt to equity? Granted
> it would be dilutive to current equity holders and may not be an
> option in all cases, I doubt CIT’s bond holders want a potentially
> worthless stock, but in many cases it is a viable alternative.]]> http://seekingalpha.com/article/144508-structural-shift-in-the-u-s-economy-is-really-in-supply?source=feed#comment-557418 557418 online.wsj.com/article...) Companies are contending that at least 20% of the layoffs and firings now taking place will not exist as positions once recovery begins.]]> Mon, 22 Jun 2009 11:17:24 -0400 online.wsj.com/article...) Companies are contending that at least 20% of the layoffs and firings now taking place will not exist as positions once recovery begins.]]> http://seekingalpha.com/article/138240-the-fed-s-quantitative-easing-goes-forward?source=feed#comment-509315 509315 ]]> Tue, 19 May 2009 08:28:16 -0400 ]]> http://seekingalpha.com/article/101713-the-fed-and-the-banking-system?source=feed#comment-289405 289405 Fri, 24 Oct 2008 08:15:52 -0400 http://seekingalpha.com/article/99113-why-the-financial-markets-haven-t-responded?source=feed#comment-277732 277732 Thanks for the quote. Exactly what I am trying to express.

davesilb
But, the quarterback has supposedly learned the game from others, has coaches that continually supply him with information, has learned what plays to call in different situations, and is supposed to inspire confidence in his play calling. That is supposedly why he is the quarterback.
If the quarterback cannot call the plays and cannot inspire confidence...the whole team suffers and the resulting execution of the team can be pretty dismal.

]]> Thu, 09 Oct 2008 10:56:55 -0400 Thanks for the quote. Exactly what I am trying to express.

davesilb
But, the quarterback has supposedly learned the game from others, has coaches that continually supply him with information, has learned what plays to call in different situations, and is supposed to inspire confidence in his play calling. That is supposedly why he is the quarterback.
If the quarterback cannot call the plays and cannot inspire confidence...the whole team suffers and the resulting execution of the team can be pretty dismal.

]]> http://seekingalpha.com/article/99113-why-the-financial-markets-haven-t-responded?source=feed#comment-277655 277655 This is true for any form of organization, business, government, not-for-profit, sports team, religious, or academic.
Can you imagine a quarterback putting up with team mates that question the plays that are being called?
This leadership is not present in the current financial and economic situation! As a consequence, no one really knows what is being aimed for and how it will be achieved.
If the running back or the guard has to take charge of calling the plays because the quarterback is missing, how are the other players on the field to really know where they are to go? ]]> Thu, 09 Oct 2008 09:46:29 -0400 This is true for any form of organization, business, government, not-for-profit, sports team, religious, or academic.
Can you imagine a quarterback putting up with team mates that question the plays that are being called?
This leadership is not present in the current financial and economic situation! As a consequence, no one really knows what is being aimed for and how it will be achieved.
If the running back or the guard has to take charge of calling the plays because the quarterback is missing, how are the other players on the field to really know where they are to go? ]]> http://seekingalpha.com/article/99083-caught-in-a-liquidity-trap?source=feed#comment-277260 277260 The father cannot always be held responsible for those that do not change their minds when the facts change and the irresponsible use of his work.]]> Wed, 08 Oct 2008 17:59:44 -0400 The father cannot always be held responsible for those that do not change their minds when the facts change and the irresponsible use of his work.]]> http://seekingalpha.com/article/99083-caught-in-a-liquidity-trap?source=feed#comment-277122 277122 I agree with you entirely...that is the point...
Keynes just defined the situation.
Mase]]> Wed, 08 Oct 2008 15:11:20 -0400 I agree with you entirely...that is the point...
Keynes just defined the situation.
Mase]]> http://seekingalpha.com/article/88248-the-mortgage-market-and-incentives?source=feed#comment-219364 219364
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]]> http://seekingalpha.com/article/88214-interpreting-the-economy-and-its-direction?source=feed#comment-219206 219206 Thu, 31 Jul 2008 09:31:20 -0400 http://seekingalpha.com/article/87225-it-s-all-a-matter-of-incentives?source=feed#comment-218389 218389 Thanks!]]> Wed, 30 Jul 2008 11:13:51 -0400 Thanks!]]> http://seekingalpha.com/article/87225-it-s-all-a-matter-of-incentives?source=feed#comment-216533 216533 Mon, 28 Jul 2008 11:33:43 -0400 http://seekingalpha.com/article/83105-fed-credibility?source=feed#comment-195202 195202 Sun, 29 Jun 2008 11:57:41 -0400