Daniel Jones's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/5123/comments http://seekingalpha.com/article/79274-should-the-fed-lend-to-investment-banks?source=feed#comment-175929 175929 Thu, 29 May 2008 10:09:46 -0400 http://seekingalpha.com/article/71718-gses-the-tail-wagging-the-credit-market-dog?source=feed#comment-147561 147561
I like your analysis of the historical price / book. Are there other, smaller regional players in the banking sector that represent compelling price / book opportunities?
]]> Wed, 09 Apr 2008 09:27:21 -0400
I like your analysis of the historical price / book. Are there other, smaller regional players in the banking sector that represent compelling price / book opportunities?
]]> http://seekingalpha.com/article/61835-rogue-traders-and-economic-capital?source=feed#comment-121239 121239
I absolutely agree with that observation, Chris. The gun-slinging traders are in a heads-I-win, tails-the-bank-losses type of arrangement. They are incentivized to be as aggressive as possible. The "hedged" nature of a trade setting up one commodity vs. an equity index based upon correlations that have held up in the past is questionable at best. Nothing says both positions can't tank at the same time, or that risk premia can't act irrationally longer than the traders can remain solvent. (apologies to Keynes for butchering his quote).

While many will point to in-house risk management teams doing their jobs, there could be a strong need for a discussion on how to rein in some of the trading desks and hedge fund risk takers as well, in my opinion. ]]> Sun, 02 Mar 2008 19:05:55 -0500
I absolutely agree with that observation, Chris. The gun-slinging traders are in a heads-I-win, tails-the-bank-losses type of arrangement. They are incentivized to be as aggressive as possible. The "hedged" nature of a trade setting up one commodity vs. an equity index based upon correlations that have held up in the past is questionable at best. Nothing says both positions can't tank at the same time, or that risk premia can't act irrationally longer than the traders can remain solvent. (apologies to Keynes for butchering his quote).

While many will point to in-house risk management teams doing their jobs, there could be a strong need for a discussion on how to rein in some of the trading desks and hedge fund risk takers as well, in my opinion. ]]> http://seekingalpha.com/article/66693-housing-market-tracker-100-houses-for-sale-in-detroit?source=feed#comment-121235 121235 Sun, 02 Mar 2008 18:51:32 -0500 http://seekingalpha.com/article/50073-why-cisco-should-buy-alvarion-not-navini?source=feed#comment-99584 99584
Disclosure: Long ALVR and ALVR options]]> Wed, 24 Oct 2007 08:59:39 -0400
Disclosure: Long ALVR and ALVR options]]> http://seekingalpha.com/article/50041-enron-subprime-and-the-derivative-disease?source=feed#comment-98811 98811
That is writing, Sir! Very nice job. You have articulated this laughable plan perfectly. They should print your article in the WSJ.

Keep up the great writing! I will cite your article and authorship on my blog today as one of the best reviews and opinion pieces I've read on this subject.

Daniel Jones
e-bluewater.com]]> Tue, 16 Oct 2007 08:31:40 -0400
That is writing, Sir! Very nice job. You have articulated this laughable plan perfectly. They should print your article in the WSJ.

Keep up the great writing! I will cite your article and authorship on my blog today as one of the best reviews and opinion pieces I've read on this subject.

Daniel Jones
e-bluewater.com]]> http://seekingalpha.com/article/42216-next-to-fall-the-publicly-traded-government-sponsored-mortgage-lenders?source=feed#comment-92068 92068
Disclosure: Long FRE and FNM puts. (and writing about it on seeking alpha too).

Daniel Jones
Nice Job Michael.]]> Wed, 25 Jul 2007 09:13:06 -0400
Disclosure: Long FRE and FNM puts. (and writing about it on seeking alpha too).

Daniel Jones
Nice Job Michael.]]> http://seekingalpha.com/article/40017-downey-financial-foreclosures-surge-in-second-quarter?source=feed#comment-90258 90258 Tue, 03 Jul 2007 10:05:58 -0400 http://seekingalpha.com/article/39154-freddie-mac-capitalize-on-subprime-chaos?source=feed#comment-89381 89381
FRE may soon be relegated to only providing for affordable housing loans. That enhanced business model, unchanged from the 80's as you put it, needs to radically change. This turkey is cooked. Stick a fork in it.

I'm long puts - would you care to disclose your position?

Daniel Jones
e-bluewater.com]]> Fri, 22 Jun 2007 09:56:57 -0400
FRE may soon be relegated to only providing for affordable housing loans. That enhanced business model, unchanged from the 80's as you put it, needs to radically change. This turkey is cooked. Stick a fork in it.

I'm long puts - would you care to disclose your position?

Daniel Jones
e-bluewater.com]]>