ToddC's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/86734/comments http://seekingalpha.com/article/97404-a-credit-default-swap-primer?source=feed#comment-268996 268996
I reread my comments. Can you point me to where I blamed, or even mentioned, FNM, FRE or heaped blame on Democrats specifically?]]> Mon, 29 Sep 2008 18:12:32 -0400
I reread my comments. Can you point me to where I blamed, or even mentioned, FNM, FRE or heaped blame on Democrats specifically?]]> http://seekingalpha.com/article/97404-a-credit-default-swap-primer?source=feed#comment-266015 266015
Couldn't agree more. Polticians are in love with using the tax code to socially engineer electorally pleasing outcomes. Something-for-nothingi... plagues the budgetary process. Each little handout is small as a function of the federal budget, but very large to the organized interest demanding it, which can then deliver votes. Honest politicians (ha ha ha) would say: "I'm voting for XXX not because it's good for nearly everyone, but because its good for my job and the vocal, organized electoral minority supporting it." Inevitably, that which should rightly receive a collective response (poverty, transportation) gets shortchanged.

If people don't like how we're dealing with this problem, Social Security and Medicare, which are about 50x bigger, will blow everyone's mind.]]> Fri, 26 Sep 2008 11:56:14 -0400
Couldn't agree more. Polticians are in love with using the tax code to socially engineer electorally pleasing outcomes. Something-for-nothingi... plagues the budgetary process. Each little handout is small as a function of the federal budget, but very large to the organized interest demanding it, which can then deliver votes. Honest politicians (ha ha ha) would say: "I'm voting for XXX not because it's good for nearly everyone, but because its good for my job and the vocal, organized electoral minority supporting it." Inevitably, that which should rightly receive a collective response (poverty, transportation) gets shortchanged.

If people don't like how we're dealing with this problem, Social Security and Medicare, which are about 50x bigger, will blow everyone's mind.]]> http://seekingalpha.com/article/97404-a-credit-default-swap-primer?source=feed#comment-265945 265945
Agreed, not every idea is a good one. But how do we, as a nation, seperate the good ones from the bad ones in advance? Who gets to decide? What makes their judgment so reliable? Even the great ones get some things wrong, over time. Innovation, sadly, comes at a price. Transparency (which the CDS market does not have) is the first step.]]> Fri, 26 Sep 2008 11:11:06 -0400
Agreed, not every idea is a good one. But how do we, as a nation, seperate the good ones from the bad ones in advance? Who gets to decide? What makes their judgment so reliable? Even the great ones get some things wrong, over time. Innovation, sadly, comes at a price. Transparency (which the CDS market does not have) is the first step.]]> http://seekingalpha.com/article/97404-a-credit-default-swap-primer?source=feed#comment-265885 265885 On an exchange only those who pass the creditworthiness tests of their clearing firm and the exchange can trade, and they have to put up risk-based collateral. Why couldn't that work for the CDS market? It won't stop OTC trading of course but there are undoubtedly some participants who'd prefer the transparency and reliabillity of an exchange.]]> Fri, 26 Sep 2008 10:33:48 -0400 On an exchange only those who pass the creditworthiness tests of their clearing firm and the exchange can trade, and they have to put up risk-based collateral. Why couldn't that work for the CDS market? It won't stop OTC trading of course but there are undoubtedly some participants who'd prefer the transparency and reliabillity of an exchange.]]> http://seekingalpha.com/article/97404-a-credit-default-swap-primer?source=feed#comment-265858 265858 Fri, 26 Sep 2008 10:13:31 -0400 http://seekingalpha.com/article/78014-a-few-thoughts-from-omaha?source=feed#comment-171277 171277 Wed, 21 May 2008 16:42:38 -0400 http://seekingalpha.com/article/37857-tidewater-inc-high-margins-low-debt?source=feed#comment-88387 88387 Tue, 12 Jun 2007 16:35:37 -0400 http://seekingalpha.com/article/37660-two-day-declines-no-sweat-off-this-bull-s-back?source=feed#comment-88033 88033 Trading Days: 3616
% of Days with > 1% loss: 12.09%
% of Rolling Three Day Periods with > 3% loss: 4.15%
% of Rolling Five Day Periods with > 5% loss: 1.77%]]> Thu, 07 Jun 2007 20:00:50 -0400 Trading Days: 3616
% of Days with > 1% loss: 12.09%
% of Rolling Three Day Periods with > 3% loss: 4.15%
% of Rolling Five Day Periods with > 5% loss: 1.77%]]>