LOL. Wells Fargo is a great brand, but it had indirect auto and indirect home equity that is it runnning off from its portfolio. One also has to...
I see that, but the article was silent on whether Buffett hedged by buying puts.
Roubini has been 100% LONG the S&P 500 throughout the meltdown.
All anyone can say for sure is that if he did, it was not mentioned in the article.
I believe Taleb's spiel is inflated B.S. It is unlikely that his (or his partnerâs) strategy made $20 billion even on an advisory basis, if the...
Buffett bought 302.6 million shares of WFC in the first quarter. According to the article: Wells Fargo shares closed at $24.87 today on the...
To put a more generous interpretation, perhaps he meant the gain in the fund was 1/2 billion, and the fund advised other outside clients who...
Thanks, surf, I just found the article, I hadn't realized you were referring to the link; it is on the first page. Taleb is his own Greek...
Again, this is his hype. What the market needs is a better sense of smell. He did it? He was an advisor to the fund, and the fund's managers...
The above was from the "Troubled Company Reporter," so I'd have to see the audited returns from Empirica that prove it didn't bleed to death....
This is from battleofthequants.com here in London a couple of years back: Empirica LLC, which owns interests in hedge funds, and operates a...
Yes, I may have read the same article, and it was backed up by fund managers I know who were close to the situation. It makes it all the more...
Convertibility, great post.
Here you go: http://online.wsj.com/article/SB124224647957816523.html SEC Staff to Recommend Civil Charges for Mozilo WSJ - May 13. 2009 By...
Tavakoli calls 'em like she sees 'em and backs it up by putting her numbers on the record...another thing I cannot do. Right or wrong (as it...
Yes, great point. Even Tavakoli said the funding subsidy is such a huge advantage that the spread will allow a lot of banks to absorb losses as...
Great post, Debaser82. Thanks!
Maybe, but CNBC had Tavakoli on before and after that August 2007 video, and she has been consistent with her message. They had her on again on...
In this August 2007 video, Janet Tavakoli, president of Tavakoli Structured Finance, says people feel they are being lied to and Ben Bernanke...
Of course CNBC will invite Whitney back. They have invited Tavakoli back multiple times, and she has said some very specific negative things....
Separate names with a comma.