dkp

One Year Since the Banking System Collapsed. Has Anything Really Changed?

I am preparing for the next crisis, say OCT 2013, when the Fed?Treasury refuses to bail out a major American bank.

Is a Case of Quant Trading Sabotage About to Destroy Goldman Sachs?

Thet are too big to do anything wrong, and even if they do,they won't
suffer.

Tax Dollars at Work: Goldman Sachs to Pay Record Bonuses

serves american taxpayer right.

american capitalism is live and kicking

I am waiting to hear loud protests in the senate about over regulation
of geniuses of Wall Street.

Shorting U.S. Government Risk

Iceland's debt was in foregn currency, it could not print dollars. Treasury's debt is in domestic currency.

Shorting U.S. Government Risk

Those who are buying CDS on US treasuries, do they really believe that their counterparties will honor their
commitmrnts whren the US itself has failed? They would have been buried long before the death of US Treasury.

The stupidity of the CDS market becomes evident when you consider that the government can always give you cheque in USD to repay its debt..What would you do with that cheque? Deposit in your bank account and put
the amount in the hands of treasury via your bank.

Buy the CDS treasury and you buy snake oil. How clever!