bonddude

Surprise! No bank failures Friday night. Tally for the year holds at 98.

Here's your bank failure !

finance.yahoo.com/news...

Bank Stress Tests: Tangible Common Equity a Critical Metric

Additionally, stag-deflation for a while changing to stag-inflation when we start counting up the debt with a public mindset of "I'm never gonna borrow like that again, no?

Bank Stress Tests: Tangible Common Equity a Critical Metric

Yes but then you missed my comment about what is not being talked about yet the Fed is keeping tabs on, namely off balance sheet derivatives. Perhaps in my attempt at humor I wasn't clear.
THAT is a drag for YEARS AND YEARS.


On Apr 24 11:20 AM wobatus wrote:

> Level 2 and level 3 assets may be a drag for a while. depends on
> what you mean by years and years. Go look at 1974. 1982. 1991.
> Different scale, sure. Maybe your reference is more 1933.
>
> We'll see.
>
> If inflation is everyone's eventual worry, well then...

Bank Stress Tests: Tangible Common Equity a Critical Metric

"Just a spoonful of sugar"- Mary Poppins

There ain't enough honey in the world to make me think that level 2 & 3 assets won't be a drag for years and years. Those catagories add up to far more than level 1 right? Of course.

So JP Morgan has how many off book CDS committments?

88 $ Trillion? Spoken with a Fargo accent--"OH GEEEZ"

Three Card Monte and the Feigned Outrage Against AIG

1. AIG CEO told congress they had to provide almost 100% collateral when CDS contracts were "triggered". - Net effect being probable massive selling bias on all new exchange traded contracts creating more liquidation across all asset classes (excepting Oil and Metals if a major war breaks out).

2. There is a massive amount of other unregulated CDS CDO contracts estimated to be up to $250 Trillion in notional value world wide exerting massive selling pressure on the most liquid contracts- and this should be good for exchanges conducting these trades like selling picks and shovels to the 49ERS.

3. The net effects on the world economy seem to bear out the stag-deflation scenario that Roubini sees. Black Swan?

AIG Needs Transparency, Now

I would be shocked, of course, to see Mr. Soros' hedge fund at the top of the list.

Why Bank Nationalization Will Never Happen

I meant "hole" sorry

Why Bank Nationalization Will Never Happen

Dave-You are the man. Geithner's silence is deafening. Meanwhile, the "N" word is being leaked for sounding returns on the Sunday talk shows by
Leading Senators. The longer they wait the larger the black whole gets. The larger the whole becomes the more triggering of dormant but huge notional amounts of cds s for settlement. TAP-TAP-TAP.... is this thing on?

Why Bank Nationalization Will Never Happen

Nice try. All of these bankers bought stock, some several times, at much higher prices late last year. And Jamie is packing the most derivative exposure of anyone. I think when Conservative Senators like Lindsey Graham are saying nationalization is on the table it's more likely than you think !!!

Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview

i wouldn't listen to him just because his voice annoys the hell out of me.

Fear and Loathing in 2009

Najjy- You're right, I'm sure, but wow you must have gotten some rotten xmas presents guy. I'm trying dxo for a bounce per chance at the open. What say you?

If Mary Schapiro's the Answer...

Ole Mary was part of the effort to squeeze small B/Ds by pushing T+3. The result was customers were pushed into the arms of the crooks that she did not properly audit and are now out of business. Just another crass politician with a political agenda. So take it easy knee-jerk apologist who don't know what the _____ you are talking about.

Obama's Choice for SEC Chief: 'Strong Investor Advocate' Schapiro

Can't stand her. Quintessential politician. Seidman says she is smart but I agree with above. Asleep at the switch. I have seen some of the stupidest and wasteful audits of small firms while the big boys have stolen and raped during her tenure. Change? If Levitt likes her be suspicious. This is the same group that put the sqeeze on a lot of small firms with T+3 etc... and forced customers to do business with the crooks and then they didn't do their jobs and audit them very well. Mary Shapiro? Not so much!

Charles Schwab Can Outshine Its Peers - Barron's

Don't disagree generally but a falling market presages falling multiples offsetting asset gathering gains as all assets are are shrinking in a falling market. For an asset gatherer this must mean a lower share price in the near term. Out 5 years it's all good but my point is it is going appreciably lower near term. I'll look at it at 10-12 p/s.

Wall Street Breakfast: Must-Know News

Tells me how rotten the foundation truly is at GS, probably due to cds s and cdo s they are still packing. They had a gun to their heads.