It was reported this morning. http://www.reuters.com/article/bondsNews/idUSN1553342920081216 "In New York, the nonprofit Philoctetes Center...
The Philoctetes Center, which produced the video of the event where Bernie is shown talking about his integrity and the impossibilty of fraud...
I logged on earlier today and am watching it now. Madoff makes many comments about his honesty and integrity that now look very outrageous and...
Here's another view. [IMG]
If GS as a bank is now going to be required to delever from roughly 40:1 down to 10:1, then it would seem that their earnings are going to...
Thanks to all. I've been holding short positions in both ABK and MBI for awhile, some expire today and some in Feb. I was looking for...
Which IB's, reinsurers, or others have the most exposure?
Thanks alot Bandit, I didn't know that either, but it makes sense. I really appreciate it.
Ok, thank you. Buying puts to open, which would require selling to close, would not be a wise trade in this situation then.
Thank you for that. I have never shorted the underlying and didn't know if an unwind of some sort was required. However, if I was short the...
That was precisely my response when I read that article yesterday. Pure insanity.
It looks to me as a noob (not even that, really, more like a fetus) that shorting some of these homebuilders and monoline insurers has reached a...
I did not know he had authored a book. Just ordered it. Thanks Joab.
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