athena

Why the Government Doesn't Belong in the Municipal Bond Business

How do you spell communism?
That is the next logical step. The masses insure ALL risk.
No wonder the Governors of NY and California cannot balance anything with the state legislatures --- the legislators are expecting this as their bailout for the egregious state pension plans they promise to but votes.

Another Crisis Looms Right Around the Corner

Amen, brother.

Hypocritical? Einhorn Likens CDS to Asbestos

Also, listed option and futures contracts have limits to quantity and to margin .
CDS are unregulated in that respect, obviously.

U.S. Financial Institutions: Does the Collective Balance Sheet Add Up?

Its what keeps me up at night, thanks for the article.

The Global Oil Scam: 50 Times Bigger than Madoff

Do you know what hoarding is? do you know why Enron was dismantled? You you know what frontrunning or collusion is?
Do you really think that it is ok to use leverage to manipulate supply in a commodity that has NOTHING to do with your business?
Do you know anything?


On Nov 11 02:44 PM Mark Anthony wrote:

> Philip:
>
> Further, on the issue of Wall Street bankers stockpiled 125M barrels
> of oil you think that skewed the global oil supply and demand. The
> opposite is true. They did not skew the true supply/demand, they
> help to restore the true supply/demand picture.
>
> How could you blame they for stockpiling 125M barrel of oil and seek
> profit from it. Sure no one wants that 125M at $30 a barrel. So they
> buy since no one else wants it, what's wrong with it? And later,
> the same oil that no one wants at $30, now some one wants to have
> at $80, so they sell, what is wrong with it? It's free market principle
> at work. Thanks to the 125M hoarding, the price of oil did not drop
> below $30, and because of availability of this 125M precious hoarded
> up, there is now extra supply so that oil has not raise to more than
> $80 yet.
>
> It's free market principle at work. Buy when no one wants it, and
> sell when every one wants it. That's how things work and how one
> can make money, LEGALLY. The world is an idiot that it does not want
> that 125M at $30, and then wanted to pay $80 a couple of month later.
> Some one has to make that money and restore some sanity.

Productivity Surge Boosts U.S. Growth Outlook for 2010

I believe that the internet has profoundly changed everything and those jobs are not coming back, more will disappear and productivity will stay high.

The Dollar as a Funding Currency

Yes, that is why th edollar will continue to drop as the Fed indicated a looser short term future. The Fed will tighten and the dollar will rise. The question is when. My guess is that they will wait until they see the
corrupted CPI start to rise.

Credit Default Swaps: Once Again, The Tool of the Devil

These are either options on bonds-so list them on the options exchange---- if you can.
Or they are insurance against default- so regulate them like the insurance industry. If you can.
Otherwise these things should not exist.

New Zealand Kiwi Is Outperforming the Dollar

If the dollar keeps going down our exports will should soar eventually.
This country should become attractive to manufacturing again.
Or we may be racing to the bottom in earning power because of taxes, regulations and lawsuits that other newer exporters don't have.
I am betting on the latter since this administration doesn't quite get it.

It's the Subprime Fiasco All Over Again

In the long run, we are all made serfs.

U.S. Growth Probably Now at 4.5 Percent

I'll bet that profit margins will be dropping soon.

Dark Pools Are Not Scary Damp Places Where Investors Get Ripped Off

I believe that what you meant to say is that the liquidity HFT provides is really worth much more in better executions than the extra few cents per trade that we pay..
I believe that is true.

Richard Bernstein - Once a Bear, Now a Bull

When earnings season is over, the men will be separated from the boys.

Even the Fed Doesn't Want to Hold U.S. Dollars

I wonder-- is the fear of imploding swap positions now steering the Fed's policy?

The Future of U.S. Consumer Spending: It's a Generational Thing

Somehow I doubt these young people will be eating at McDonalds and shopping at Walmart