misiosnechacz

AIG Giftwraps $450M

I think it's time to pull the plug.

Time to Bury the Rotting Carcasses of Dead U.S. Banks

I hope I won't see You in Obamas rescue team.

Why I'm Short Selling Goldman Sachs

I wouldn't put my money there. Banks are riding on CITI profits in first two months so I would say risky.

The AIG Bailout: Why Was the Onus Placed on Taxpayers?

NO COMMENT. Numbers show everything. I just wonder how many more billions we will have to put after IQ. We will have company that will cost taxpayer (my estimate is) 250 billion of US$$ with bussines model not worth a penny.

Bailout End-Debtors: A Simple Solution

That is just theory when I have to pay for my neighbour granite worktop having at home laminate one. Nothing should be given for free. Even if we know that money are lost we still have to treat it as investment otherwise we will loose even biger chunk of that cake. US banks lost money not only in US but abroad to. I mean AIG. How to solve that problem?

The Financial Supermarket Is Dead

It's all depends how long it will take before banks will start to make money again. Even Goverment has some limits.
They simply can't afford to sponsor them all for very long. They are quite streched already. If all those (if they will survive then we are doomed) banks will start to earn money then the very slow recovery will start.for me it will be IVQ or IQ of 2010.
Election 2010 that will be better show than 2008 Olimpics. Detroit and some other parts of USA look intresting (in negative way). It will be new show let's start the BLAME GAME.

The GM Meltdown

I wish them well. But CEO's of GM they are from diffrent planet I think. GM and Chrysler they should have green light to do whatever takes to survive. Don't bother about healthcare, UAW and all that shite. If they are going down they won't see a cent, peny or columbian peso.
This week GM CEO's presented "plan" to German goverment (they were asking for 3.3 bln euros). There was no bussines plan at all and it was all in english. How would you feel if they presented their plan to Congres in spanish. they should change the team and current GM board should be selling burgers and big fries for the rest of their lives. You cant just say give us 20 billions or we will fail and three months later the same again. They have to do better or someone will have to pull the plug.

How Long Before the Dollar Fails?

This bailout is like trip to vegas and I don't think taht they've got enough cash for petrol. They may stay on the desert.

Defending Financial Journalists - and Bloggers

doesn't matter if you are a blogger, journalist it's human thing to be wrong. That's why site is called seekining alpha not being alpha. But you have to be ready to eat your words. You can't just say on monday that will be great week ... and on friday as we predictet that week was bad because... That is most anoying thing.
I was wrong few times and I'm advanced beginner in investing money and i'm not afraid to say it. I don't operate milions. I invested few grands lost some of it. recently I recovered some cash. What doesn't kill me makes me stronger.

The Bubble of Uncertainty Is About to Burst

Just wonder what is behind the bubble pile of gold or pile of shit.

Is Potash Corp. Overpriced? (Part 2)

I just wonder how far Russia would go without EU money for gas. Oil we can take from somwhere else. No problem they have to sell it to someone. We had it recantly and we survived. Eu finnaly would get fed up and take gas from norway. Money that russia would have to pay for not fullfiling contract agrement . that would nice pile of cash. Eu needs russian gas but russia even more needs euros.


On Mar 05 07:55 PM nova wrote:

> Canada is not Russia.
>
> Russian "capitalism" is a joke.
> For instance, Russians have sold to their EU customers gas (they
> buy gas in Turkmenistan and resale it to EU) at prices 35% below
> they have to pay to the gas suppliers. WOW!
>
> China has a "small" problem: their economy is going down in a hurry.
> China unemployment is rising fast. It make a good sense to Chinese
> communist bosses to keep their people from going hungry, therefore,
> breeding civil unrest.
>
> Finally, US$ is about to depreciate a lot. This is why gold is moving
> up. The same is true for food. Politicians must feed their people,
> otherwise, they may be in a grave danger.
>
> Please do not mix up food and oil. The USA control most of Middle
> Eastern oil suppliers like Saudi, Kuwait, etc.,
>
> PS
> If Putin cut oil and gas supply to EU by 50% for a month or two,
> oil would go easily to $75-80.

Will the EU Fiddle While Eastern Europe Burns?

I think that the guy knows about eastern europe as much as he hear in his local radio. I realy don't know how it looks like in some countries but I can tell You I read IVQ of all polish banks and they made profit (few exceptions). But in 2008 noone of the banks had loss. Ukraine is diffrent story. Eastern Europe it's region where is few states and everyone of them is in a diffrent situation. It's like You would put USA, Canada, Mexico into one basket. Do your own digging especcialy in that area.

2009 Depression Will Be Nothing Like 1929

I think that article is stupid just becouse guy said that we are saved because We've got internet, knowledge and the world is global. we had that two years ago and DOW went down from 14200 to 6500. Noone knew that if banks will lend trilions of $ to people that wont be able to repay it. There is a small chance that they are not going to pay it back. How smart was that? Where was his knowledge and communication when all that happend. Or meybe his server was down then.

2009 Depression Will Be Nothing Like 1929

Would You say two years ago that AIG will have 60 bilion $ IVQ loss in 2008, two years ago would you buy a CITI contract that would give You right to buy CITI shares for 5 $ in 2009. Every crisis is diffrent We will know where we are after IQ maybe IIQ earnings. Now it is something unbelivable to see DOW 2000-3000. If bailout is simply not enough and AIG, GM, CITI will fail domino effect is going to wipe out entire sectors of economy.
I'm an optimist but I won't be suprisedsto see that hapennig. World will have riuned economy and massive debt.

More Money to AIG? Say It Ain't So

I don't belive anymore that they've got enough cash to save them all. I think that we will see more lehmann followers in 2009/10.