Bagsnatcher

Did the Japanese Try to Dump $135 BILLION in US Bonds on the Black Market?

Still think they are "North Koreans". I'll stick to that until we get the truth

Buyer Beware: 30 Biggest Bankruptcy Risks

Travelport? Ouch... that's where I work FFS..
Thank you for the info. I will check this with my colleagues first thing tomorrow morning

Government's Handling of Economic Crisis - Einstein Would Call It Insane

Why do you need to drag albert into this? You do NOT have to be Einstein to realize its insane to borrow your way out of this. That's what you are doing over there in the US and it's just completely and utterly wrong. I 100% support this article. Thank you Josef! Sorry but the states has begun it's decline. It's going to be 10 very tough years

The Mother of All Bailouts

4,6165 trillion USD! Sounds like dr Evil finally met his match but to be honest Andy. It is not money spent only money been made available to spend (in most cases). The TARP and TALP and PPIP and whatnot has got these money if they will be needed. To say that the money is allready spent is a great exaggeration, abeit you (US) have spent a great deal allready (AIG CITI BoA etc etc) Let us just balance things a bit by adding (if you could) "The cost sofar" and not what's been made available to spend. The 4.6165 trillion, afterall, might not be needed (fingers crossed)

Is There an Alternative to Value at Risk?

I'll follow these answers very thorough since I am looking for a better way to mesure risk than VAR. I think VAR is a PITA. It's driving a car whilst only looking in the rearview mirror. I would love a system based more on implicit vol than historical vol. Not that it would have helped me in this ongoing crisis but it will help me from hereon since the historical vol will be high for a long time (we use 250 days) when the implied allready are coming down. It limits the risk I can take and that's not good at all...

Your Piece of the PPIPie

The whole PPIP scheeme stinks o high heavens. Can someone please put a leash on the Fab 4 (Citi, JPM, BoA, GS) so that they cannot create their own investment arms and start buying Toxic Assets from eachother? If you can't, then this should stop right now. I feel a am being scr**ed for two sides (at least)

Ireland: The Next Iceland?

"the damage to the Euro could be deep and lasting"
I would go further and say that it is the beginning of the end for that grand "peacekeeping" project called the EMU. There is little chance that it will still stand 5 years from now. Grand as it was, it will only be a footnote in history. EUR - RIP