The top 100 stock
market authors
selected for publication
market authors
selected for publication
PainfullyAware
»
Comments
» AOC
You are currently following PainfullyAware
Stop FollowingYou are no longer following PainfullyAware
-
563
)
Wall Street Breakfast: Must-Know News [View article]
On May 01 03:25 PM BerkeleyBob wrote:
> I fail to see how the notion of a mortgage "cramdown" is bad policy
> in an individual BK, but has been part of corporate BK proceedings
> for years. Contracts are "impaired" in either scenario, no? Might
> not a BK judge be a pricing mechanism for defaulted loans?
Wall Street Breakfast: Must-Know News [View article]
On May 01 02:44 PM Cetin Hakimoglu wrote:
> The crisis is 'fixed' By printing 2 trillion dollars the banking
> system has been saved, and confidence is returning. The only direction
> for the foreseeable future for the stock market is up. If you're
> waiting for more shoes to drop you will be very disappointed. No
> more shoe dropping.
Wall Street Breakfast: Must-Know News [View article]
I Hope Others Rally To Protect Andrew Cuomo - It is a "Dangerous Game" when chasing those with the means to "Pay" to stay in power. This is one of the better developments in that it is at least an attempt to Prosecute Wrong Doing. Complexity Favors The Sinister. The Complexity Of Corruption Is Vast. K-Street in DC may finally Be Exposed for its Nefarious Practices.
"Cramdowns get voted down." - Thank Goodness That Contract Law Dodged A Bullet. When Contracts Become "Negotiable In Retrospect At The Whim Of Judges" The "Free Market" Will Cease To Function With Any Vitality.
"Stress test results delayed." - This is buying more time to "Massage The Numbers". By the time these "Results" are released we may have reached, or passed, the values used for "Worst Case" in these tests. Lets hope that no one else "Commits Suicide" while arguing with regulators about what "Stats" to release. I guess that most of the "Original Captains" are in place still, so maybe there will be less dissension.
I Think It Is Great That We Are Not Going Over The Cliff - AS FAST.
Live While You Live.