Five Investment Banks - An After Earnings Comparison [View article]
Interesting but simplistic. I did not think the analysis was rigorous enough here, nor did it go far enough: more numbers needed, plus a chart or two. In addition, GS has a compelling "story," smartest guys on Wall Street, etc., which may or may not be myth. What's the "story" on the other guys?
Why I'm Buying Morgan Stanley China A-Share Fund [View article]
"I've long thought China would be among the first tranche of countries to bring on the recovery." Poor choice of words. "Tranche" has a negative connotation, or, as it were, a "toxic" connotation. Countries don't come on in tranches anyway. They "emerge" one at a time, and then in physical areas or sectors or the world, along with trading partners, for example. A bas les tranches!
Wall Street Breakfast: Must-Know News [View article]
Collateralized Bond Obligations (CBOs) are investment-grade bonds backed by a collection of junk bonds with different levels of risk, called tiers, that are determined by the quality of the junk bond involved. CBOs backed by highly risky junk bonds receive higher interest rates than other CBOs. What the the S.F. writer is saying apparently, is "Buyer beware!"
Ok, that's fine. But if the CBO contains junk bonds based on sub-prime mortgages deceptively sold to unsophisticated buyers, it seems to me that the seller has some reponsibility here, both the original seller of the sub-prime mortgage and the seller of the CBO. Otherwise what you are saying is that it is ok to sell defective goods to unsophisticated (and unknowing) buyers. It is ok to sell a dead pig in a poke, in other words (no peekee, please), or a defective automobile. There are laws against such practices, of course, especially with regard to new cars that don't work right . They are called "lemon laws."
World's Top Ten Banks by Assets [View article]
Five Investment Banks - An After Earnings Comparison [View article]
Cramer's Mad Money - The Ultimate Nancy Pelosi Stock (7/22/09) [View article]
Why I'm Buying Morgan Stanley China A-Share Fund [View article]
Poor choice of words. "Tranche" has a negative connotation, or, as it were, a "toxic" connotation. Countries don't come on in tranches anyway. They "emerge" one at a time, and then in physical areas or sectors or the world, along with trading partners, for example. A bas les tranches!
Top Dividend Yields of the Dow Jones Industrial Average [View article]
Why Shorting Financials Is a Logical Response [View article]
Wall Street Breakfast: Must-Know News [View article]
Ok, that's fine. But if the CBO contains junk bonds based on sub-prime mortgages deceptively sold to unsophisticated buyers, it seems to me that the seller has some reponsibility here, both the original seller of the sub-prime mortgage and the seller of the CBO. Otherwise what you are saying is that it is ok to sell defective goods to unsophisticated (and unknowing) buyers. It is ok to sell a dead pig in a poke, in other words (no peekee, please), or a defective automobile. There are laws against such practices, of course, especially with regard to new cars that don't work right . They are called "lemon laws."
Financials: Insiders Buying on Consistent Basis [View article]
The Chicken's Guide to Picking Stocks in 2008 [View article]
These Stocks Are Attractive Amidst This Selloff [View article]