ironpants's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/293971/comments http://seekingalpha.com/article/138903-break-up-the-big-banks?source=feed#comment-512439 512439
I think this whole issue is overblown.]]> Thu, 21 May 2009 06:17:05 -0400
I think this whole issue is overblown.]]> http://seekingalpha.com/article/136414-bank-of-america-overstating-assets-by-85?source=feed#comment-495150 495150
What don't you get about that?]]> Fri, 08 May 2009 06:24:03 -0400
What don't you get about that?]]> http://seekingalpha.com/article/132923-why-the-u-s-prefers-quasi-nationalization-of-big-banks?source=feed#comment-475384 475384
Only shorts say the gov't would like to 'nationalize' the banks.

Summers, Geithner and others have stated repeatedly that they don't want the gov't to try to run (i.e. 'nationalize') the banks.

What's your positions in the aforementioned securities?]]> Fri, 24 Apr 2009 07:00:21 -0400
Only shorts say the gov't would like to 'nationalize' the banks.

Summers, Geithner and others have stated repeatedly that they don't want the gov't to try to run (i.e. 'nationalize') the banks.

What's your positions in the aforementioned securities?]]> http://seekingalpha.com/article/130659-let-s-hurt-the-american-financial-services-industry?source=feed#comment-461424 461424 Mon, 13 Apr 2009 09:52:31 -0400 http://seekingalpha.com/article/126158-three-card-monte-and-the-feigned-outrage-against-aig?source=feed#comment-427698 427698
Excellent point.

Einhorn to jail, now!]]> Mon, 16 Mar 2009 11:44:58 -0400
Excellent point.

Einhorn to jail, now!]]> http://seekingalpha.com/article/124845-bankrupting-leverage-is-the-u-s-a-zombie-nation?source=feed#comment-419310 419310
These stocks suffer low valuations due to mark-to-market eggheaded idiocy and gross stock manipulation.

We don't have the above option unless we'd enjoy a near financial dark ages around the world and the spectre of war with, say, China.

Understand the full implications of what you promulgate.

It's all well and good to try mental experiments, but be grounded in reality, please.

]]> Mon, 09 Mar 2009 12:36:15 -0400
These stocks suffer low valuations due to mark-to-market eggheaded idiocy and gross stock manipulation.

We don't have the above option unless we'd enjoy a near financial dark ages around the world and the spectre of war with, say, China.

Understand the full implications of what you promulgate.

It's all well and good to try mental experiments, but be grounded in reality, please.

]]> http://seekingalpha.com/article/124519-why-doesn-t-insolvency-equal-bankruptcy?source=feed#comment-415552 415552
That the SEC doesn't remedy this is, sadly, not a surprise.]]> Fri, 06 Mar 2009 07:01:22 -0500
That the SEC doesn't remedy this is, sadly, not a surprise.]]> http://seekingalpha.com/article/124331-why-the-market-wants-banks-nationalized?source=feed#comment-414265 414265 When the hell is the SEC going to wake up?
The government can't be THAT corrupt, or can it....?

]]> Thu, 05 Mar 2009 11:06:42 -0500 When the hell is the SEC going to wake up?
The government can't be THAT corrupt, or can it....?

]]> http://seekingalpha.com/article/123689-sec-exploring-remedies-for-short-selling-manipulation?source=feed#comment-410798 410798
business.theage.com.au...

Maybe a nice orderly drop to zero is what these morons really want.]]> Tue, 03 Mar 2009 08:47:59 -0500
business.theage.com.au...

Maybe a nice orderly drop to zero is what these morons really want.]]> http://seekingalpha.com/article/123757-jim-rogers-it-s-better-to-let-financials-fail?source=feed#comment-410717 410717 Let's also prepare for war while we're at it as I don't think other nations will appreciate a unilateral decision on our part to cancel out their investments in our banks.

]]> Tue, 03 Mar 2009 08:14:08 -0500 Let's also prepare for war while we're at it as I don't think other nations will appreciate a unilateral decision on our part to cancel out their investments in our banks.

]]> http://seekingalpha.com/article/123757-jim-rogers-it-s-better-to-let-financials-fail?source=feed#comment-410701 410701 Tue, 03 Mar 2009 08:02:08 -0500 http://seekingalpha.com/article/123506-bank-nationalization-and-the-tarp?source=feed#comment-408976 408976 Mon, 02 Mar 2009 08:07:35 -0500 http://seekingalpha.com/article/122786-fixing-the-economic-crisis-in-six-easy-steps?source=feed#comment-404082 404082
Want to fix the mess?...

From Motley Fool:

Specific Changes Needed to Fix the Financial Markets and the Economy

The following policy and regulatory changes that Christopher Cox, the SEC, and other regulatory agencies made and implemented from 2004 through 2007 need to be reversed after January 20th, 2009 or immediately. These policy and regulatory changes have destroyed the integrity and reliability of and confidence in our financial markets. The money sitting on the sidelines (approximately $13 trillion) in Money Market and Cash Accounts will not be re-invested back into the markets until these changes have been reversed and the proposed changes below implemented. I am recommending that all of the following policy and regulatory changes be made and implemented immediately by the new Administration:

1. The "Uptick Rule" on all securities (i.e., equities, ETFs, options, futures, and commodities) needs to be reinstated and implemented on all domestic and global exchanges and financial markets. Without the “Uptick Rule” in place, it creates an unfair and imbalanced playing field that favors the short sellers. This gives short sellers the ability to drive stock prices down to nothing. The exchanges are just as guilty and responsible for this problem as all others. The markets/exchanges were not meant to be casinos. New laws, oversight, regulation, and technology needs to be implemented and changed in order to solve these serious problems and abuses and restore integrity and order back to the markets. Get the "Uptick Rule" back in place and the markets will stop crashing. This one item is destroying good, healthy corporations.

2. The new SEC Chairwoman, Mary Schapiro needs to dump or get rid of the Mark-to-market accounting rule now. At the worst possible moment we as a nation chose to alter the way financial assets were evaluated -- through something called FAS 157. We required financial institutions to mark holdings to forced trades in illiquid assets -- mark-to-market accounting. The most powerful critic of this approach was William Isaac, the former head of the FDIC. His viewpoint is that the entire financial crisis -- the destruction of major financial firms, the huge bailouts, the destruction of retirement accounts, and the socialization of private companies -- all could have been avoided with a more measured approach to the needed reduction in leverage. This rule could have been changed by Christopher Cox, Hank Paulson, Ben Bernanke, or even by the president.

3. The SEC under Christopher Cox’s tenure and the exchanges relaxed the dynamic circuit breaker thresholds on all major securities, options, and futures exchanges to levels that are too high and therefore ineffective under current market conditions and volatility levels. The current three dynamic circuit breaker thresholds of Level One (10%), Level Two (20%), and Level Three (30%) should be reversed and reset back to the previous circuit breaker thresholds of Level One (2.5%), Level Two (5%), and Level Three (10%) for all exchanges and markets.

4. All ETFs should have the same SEC/FINRA/CFTC/NYSE/NA... reporting, filing, and regulatory requirements as Mutual Funds. ETFs will need to comply with all of the Rules and Regulations of the Investment Company Act(s) of 1933, 1940, and all their later amendments.

5. All ETFs should be converted back to Closed-End Funds. This means that you can no longer buy/sell/write options, derivatives, and/or short sales on ETFs.

6. All Ultra Short ETFs should be abolished or banned. These products do not perform as specified and their claims are fraudulent. They promote negative price fluctuations and volatility on the underlying securities and indices and perpetuate a disorderly and unreliable marketplace.
]]> Thu, 26 Feb 2009 06:32:13 -0500
Want to fix the mess?...

From Motley Fool:

Specific Changes Needed to Fix the Financial Markets and the Economy

The following policy and regulatory changes that Christopher Cox, the SEC, and other regulatory agencies made and implemented from 2004 through 2007 need to be reversed after January 20th, 2009 or immediately. These policy and regulatory changes have destroyed the integrity and reliability of and confidence in our financial markets. The money sitting on the sidelines (approximately $13 trillion) in Money Market and Cash Accounts will not be re-invested back into the markets until these changes have been reversed and the proposed changes below implemented. I am recommending that all of the following policy and regulatory changes be made and implemented immediately by the new Administration:

1. The "Uptick Rule" on all securities (i.e., equities, ETFs, options, futures, and commodities) needs to be reinstated and implemented on all domestic and global exchanges and financial markets. Without the “Uptick Rule” in place, it creates an unfair and imbalanced playing field that favors the short sellers. This gives short sellers the ability to drive stock prices down to nothing. The exchanges are just as guilty and responsible for this problem as all others. The markets/exchanges were not meant to be casinos. New laws, oversight, regulation, and technology needs to be implemented and changed in order to solve these serious problems and abuses and restore integrity and order back to the markets. Get the "Uptick Rule" back in place and the markets will stop crashing. This one item is destroying good, healthy corporations.

2. The new SEC Chairwoman, Mary Schapiro needs to dump or get rid of the Mark-to-market accounting rule now. At the worst possible moment we as a nation chose to alter the way financial assets were evaluated -- through something called FAS 157. We required financial institutions to mark holdings to forced trades in illiquid assets -- mark-to-market accounting. The most powerful critic of this approach was William Isaac, the former head of the FDIC. His viewpoint is that the entire financial crisis -- the destruction of major financial firms, the huge bailouts, the destruction of retirement accounts, and the socialization of private companies -- all could have been avoided with a more measured approach to the needed reduction in leverage. This rule could have been changed by Christopher Cox, Hank Paulson, Ben Bernanke, or even by the president.

3. The SEC under Christopher Cox’s tenure and the exchanges relaxed the dynamic circuit breaker thresholds on all major securities, options, and futures exchanges to levels that are too high and therefore ineffective under current market conditions and volatility levels. The current three dynamic circuit breaker thresholds of Level One (10%), Level Two (20%), and Level Three (30%) should be reversed and reset back to the previous circuit breaker thresholds of Level One (2.5%), Level Two (5%), and Level Three (10%) for all exchanges and markets.

4. All ETFs should have the same SEC/FINRA/CFTC/NYSE/NA... reporting, filing, and regulatory requirements as Mutual Funds. ETFs will need to comply with all of the Rules and Regulations of the Investment Company Act(s) of 1933, 1940, and all their later amendments.

5. All ETFs should be converted back to Closed-End Funds. This means that you can no longer buy/sell/write options, derivatives, and/or short sales on ETFs.

6. All Ultra Short ETFs should be abolished or banned. These products do not perform as specified and their claims are fraudulent. They promote negative price fluctuations and volatility on the underlying securities and indices and perpetuate a disorderly and unreliable marketplace.
]]> http://seekingalpha.com/article/122677-why-nationalize-in-2016?source=feed#comment-403544 403544 BAC looking good today, sorry.]]> Wed, 25 Feb 2009 16:34:17 -0500 BAC looking good today, sorry.]]> http://seekingalpha.com/article/122542-bank-nationalization-the-bigger-picture?source=feed#comment-402519 402519
SEC?]]> Wed, 25 Feb 2009 07:21:55 -0500
SEC?]]> http://seekingalpha.com/article/122520-are-u-s-banks-really-worthless?source=feed#comment-402486 402486
They need muzzles.

SEC?]]> Wed, 25 Feb 2009 06:22:03 -0500
They need muzzles.

SEC?]]> http://seekingalpha.com/article/122295-developing-bombshell-aig-preparing-for-possible-bankruptcy-ahead-of-60-billion-loss?source=feed#comment-401314 401314 Tue, 24 Feb 2009 10:01:46 -0500 http://seekingalpha.com/article/122270-the-daily-double-martin-mayer-on-cds-nouriel-roubini-on-the-banks?source=feed#comment-401284 401284 That's my answer to the 'nationalization' chorus.]]> Tue, 24 Feb 2009 09:39:33 -0500 That's my answer to the 'nationalization' chorus.]]> http://seekingalpha.com/article/122238-u-s-banking-crisis-is-nationalization-the-answer?source=feed#comment-401059 401059 They are excited that shareholder value could go to zip and make their puts soar until the country crashes.]]> Tue, 24 Feb 2009 07:05:00 -0500 They are excited that shareholder value could go to zip and make their puts soar until the country crashes.]]> http://seekingalpha.com/article/117599-fund-manager-david-einhorn-buying-gold-and-miners-reluctantly?source=feed#comment-401046 401046 Tue, 24 Feb 2009 06:36:11 -0500 http://seekingalpha.com/article/121552-arthrocare-medis-troubles-for-some-corporate-crybabies?source=feed#comment-400640 400640 Tell it to the folks at Taser.]]> Mon, 23 Feb 2009 18:18:31 -0500 Tell it to the folks at Taser.]]> http://seekingalpha.com/article/121552-arthrocare-medis-troubles-for-some-corporate-crybabies?source=feed#comment-399607 399607 Uptick rule?
End to Naked Shorting?
Short Ban?

SEC?
SEC?

Keep denying that Naked Shorting exists, Mr Weiss.

Meantime, do you still post messages from the DTCC?

]]> Mon, 23 Feb 2009 07:13:42 -0500 Uptick rule?
End to Naked Shorting?
Short Ban?

SEC?
SEC?

Keep denying that Naked Shorting exists, Mr Weiss.

Meantime, do you still post messages from the DTCC?

]]> http://seekingalpha.com/article/121552-arthrocare-medis-troubles-for-some-corporate-crybabies?source=feed#comment-399605 399605 Read the truth at:

www.deepcapture.com/
]]> Mon, 23 Feb 2009 07:10:31 -0500 Read the truth at:

www.deepcapture.com/
]]> http://seekingalpha.com/article/122039-slow-down-mr-roubini?source=feed#comment-399579 399579 Mon, 23 Feb 2009 06:39:28 -0500 http://seekingalpha.com/article/121726-recent-policy-decisions-and-a-greater-depression?source=feed#comment-396218 396218 Refi's are up and you'll be eating your smug words soon.]]> Fri, 20 Feb 2009 08:05:41 -0500 Refi's are up and you'll be eating your smug words soon.]]> http://seekingalpha.com/article/120607-sec-vs-chanos-another-silly-sideshow?source=feed#comment-396191 396191 Fri, 20 Feb 2009 07:31:14 -0500 http://seekingalpha.com/article/121708-cramer-s-stop-trading-the-dow-s-dead-weights-2-19-09?source=feed#comment-396187 396187 Fri, 20 Feb 2009 07:29:35 -0500 http://seekingalpha.com/article/121412-american-negativity-is-upside-down?source=feed#comment-396153 396153
And vermin have taken the market.]]> Fri, 20 Feb 2009 05:59:49 -0500
And vermin have taken the market.]]> http://seekingalpha.com/article/121694-eight-reasons-bank-of-america-is-going-to-20?source=feed#comment-396152 396152 The abhorrent short-seller's chorus is WAY out of pitch with their disgusting lies and innuendo.
They are totally amoral and sociopathic.
Idiots like Cramer claiming BAC will be dropped from the DJIA, etc.
This Nationalization crap.
Sure, Paul is dead and one should play Beatles albums backwards to learn deep and hidden truths.
One merely has to peruse the Yahoo BAC board to get a whiff of the vomit and lies being spewed.
SEC?
SEC?]]> Fri, 20 Feb 2009 05:57:49 -0500 The abhorrent short-seller's chorus is WAY out of pitch with their disgusting lies and innuendo.
They are totally amoral and sociopathic.
Idiots like Cramer claiming BAC will be dropped from the DJIA, etc.
This Nationalization crap.
Sure, Paul is dead and one should play Beatles albums backwards to learn deep and hidden truths.
One merely has to peruse the Yahoo BAC board to get a whiff of the vomit and lies being spewed.
SEC?
SEC?]]> http://seekingalpha.com/article/121448-too-big-to-bail-lehman-brothers-is-the-model-for-fixing-the-zombie-banks?source=feed#comment-395746 395746 Thu, 19 Feb 2009 17:48:45 -0500