LOL. In DEAR MR. BUFFETT, Tavakoli says: "I had joined Salomon Brothers' summer 1985 training class lampooned by my classmate Michael Lewis...
Another curious fact is that Tavakoli and Lewis were both in the Liar's Poker training class together at Salomon. She mentions that in her...
That's my point. Tavakoli already provided the information in her books (I read them). Both the structured finance book and her book with...
Securities laws require underwriters to disclose, so they don't get off the hook that easily and Paulson would have known that. Sure AIG is on...
The point Tavakoli makes is that Goldman knew or should have known that Goldman Sachs Alternative Mortgage Products sold products where the risk...
Preaching to the choir. It seems she was on to it and spoke out about it in public in August 2007 (to the WSJ).
I found the follow-up story from Tavakoli's web site: http://www.tavakolistructuredfinance.com/TSF21.html Did AIG Insure Dodgy Mortgage...
That may be one of Tavakoli's future articles. Seems she did a new one on her web site what we needed to ask Goldman about its trades with AIG,...
http://www.tavakolistructuredfinance.com/Reporting%20v%20PR_Meredith%20Whitney%20and%20AIG%20March%2023%202009.pdf Interesting post on...
Thanks and a bit ironic. I am new to ET. Great name, but not what I had hoped. I decided to give it a last shot today, but this is my last...
Since Berkshire Hathaway is credit-worthy, it negotiated almost all of its contracts so that it does not have to post collateral if the...
I wish I could take the credit, but a week ago I would not have been able to make my previous post. I lifted that last paragraph from...
If you didn't think it mattered, why did you use this incorrect information to support your "case?" It seems you cannot be bothered to do the...
I meant this post; it wasn't your first. But if you want to manage your finances by relying on bloggers who cannot be bothered to read financials...
Your first post was based on incorrect information from Andrew Horowitz who had no idea that Berkshire Hathaway does not have to post collateral...
Global depressions hurt everybody, but look at the balance sheet. It is strong, but more than that, it is poised to come roaring out of the gates...
Berkshire Hathaway is in a lot better shape than you think, although no one is happy that the economy is getting the stuffing knocked out of it,...
Sounds as if you are the one who is scared to death. The fact of the matter is that the entire economy is getting the stuffing kicked out of...
http://www.berkshirehathaway.com/letters/2008ltr.pdf See Pp. 18-22. Berkshire Hathaway does mark-to-market. That is why operating earnings...
If the counterparty were a former investment bank named, say, SilverGuy Socks, it might notice that although it had an accounting gain, it didn't...
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