Gaucho

Goldman and Morgan Stanley: Banks of Choice - Barron's

All I can say about Barons is "When Barons is pumping the big guys are dumping". Anyone that followed this hedgefund groupies advise deserve what they get

Chart of the Week: GDP Worse than Expected

Perhaps cooking the financial books by the government is coming to an end. For the last couple of years their lies have become outrageous. Go to a site called shadow stats and take a look at the real uncooked numbers and get a real scare. We have been in a recession for a couple of years. If the inflation numbers did not make sense that is be cause they did not reflect reality.

The last administartion lied about virtually every action and fact it could. That and secrecy became the norm. If you want to make money at investing then you had better get beyond you love of a dogma and start to think for yourselves. Other wise you all will become that so called lazy stupid lower class that you struggle so hard to believe that you are better than. You will be just another sucker albeit a little more educated with your heads full of bullshit.

With that said, if you really believe that this is just a bad recession and that it will recover by the end of the year then kiss your money goodby chump.

Short Sales: SEC Turns Back the Clock to 1931

How can I short a stock Naked. It is a great Idea I could become rich over night and pay myself 1 billion a year in bonuses and salary. Oh, I guess the edge fund managers are already doing that.

Well, I will set up a company in a country where there are no laws. Then I will short a million shares of x,y,x company. If it goes down I cover and make a bundle. If it goes up I file BK and keep the billion salary I paid myself and let the suckers hold the bag with fake shares. PLEASE someone TELL ME HOW TO GET STARTED. I wanna be rich and famous and buy my own politician to keep the SEC toothless and pay the media hacks to write great things about me. Isn't America wonderful?

Mother of All Short Squeezes?

I remmber when the SEC said that Naked shorting was just some BS story made up by losers.

They they said it exists but had no impact.

Then the implemented reg SHO

Now they are saying it is destroying the banks.

Now we have a huge rally.

SOO now the king has no cloths. Hw re they ever going back to the past when Naked Shorting does not exist.

Remember after the short squeeze then the bottom will fall out like a rock

Selective Enforcement: (Re)Introducing Regulation SHO

GREAT POST THANKS

THe rally the last two days was caused by the naked shorters trying to cover their asses. This porblem is much larger than most investors suspect.

THis is a must listen for stock mrket investors.
www.financialsense.com...

You may want to take all your money out of the market!

Citigroup's Flush

All the wall street cheer leaders are singing the same song "The worst is over" and now we can all buy their shares. Well if you believe that BS then you will soon be out of money. I thought that 3 weeks ago BSC was bailed out because it could cause the entire financial market to collapse!! This is better than a soap opera; the patient recovers from a near death experience in just two days with their hair still perfect.
Let’s see the adjustable mortgages peak in FED MARCH and April of this year. That means the foreclosures should peak starting in July and just keep on growing as the REO properties are dumped on the market. OH and let’s remember the ALT-A mortgages and the Option ARMs that reset late this year. Yea boys the good news will keep on coming.
Keep in mind the CREs and the credit cards as the recession expands throughout the year.
How about the off the CITI books 300 billion in VIE Variable interest entities. Yea did you forget that those are worth 27 cents on the dollar? That means CITI has got about 100 billion in negative shareholder equity. So run right in there before all the shares are sold: SUCH A DEAL.

The Coming Crash of 2008: A Result of Overleveraging

There are three stages of a recession
1 Denial
2 Acceptance
3 Capitulation

Several people in the above messages are still at stage1. I agree this has the potential to be a disaster. The real-estate market will fall another 30% wiping out trillions in perceived and real wealth. This bubble in real-estate is the largest in the history of the United States. The leveraging/derivatives size is many multiples of the real-estate and leverage many times over. This is disaster waiting to happen. When it collapses the US will no longer be the financial capital of the world. It will take at least 7-10 years for us to recover. This country will never be the same.