Forget PPIP which off load all losses to taxpayers. I rather they have "mark to myth" than PPIP. If investors are stupid enough to buy into...
Playboy is "too big to fail". A USA without playboy mansion is just not the same..:)
Tim's plan is equivalent to gov buying the toxic asset at bank's price. By the way, gov doesn't get the upside neither. So, this is the worst...
Oh... you pay margin interest..:) Just that it is paid to the ETF instead of brokers. Hence, they don't like it.
At the minimum, banks want to buy back their own toxic asset thru treasury. You have to check out the PPIP program to see how risk can be shift...
You know what is amazing? A thread titled with "Not paying credit cards" last 37 pages..:)
I thought changing party will right this somehow, but still the same shit. Stuffing taxpayer money to these financial oligarchy. What does it...
You don't need hedge funds and private equity help. Look at how SIV in the Enron case work. Let's say I, "Good old money corp", bought a...
Do you understand how a PPIP program works? Also, I don't even know whether NY post is left lean , right lean, middle lean.... I just look at...
Enron type SIV. Anyone?
http://seekingalpha.com/article/128261-are-the-big-banks-gaming-the-taxpayer?source=yahoo Multiple sources for this story - this is not a tin...
Treasury will partner with you 1:1 Then, FDIC will give you a non-recourse loan at 6:1 leverage. Imply you only need to bat for 1 every 7...
Well, put it this way. If their bets went right and those CDS paid out like bandits, will he benefit from it? Yes. Will he turn those bonus...
Guys, if China dump US dollar, what will happen to the exchange rate? Don't we want higher Yuan? Ultimately, China will buy and sell US...
This is what PRC will do. They will print just like we do to match dollar for yuan in a peg system. Sooner or later. Commodity seller will...
Here is what's going to happen. China is definitely not going to buy US treasury. To match US dollar for dollar in a peg system, they will...
In normal times, created money goes from Fed -> Banks -> economy Now we have : Fed -> Gov -> economy Fed -> GSE -> consumer -> economy...
It is in the contract to have the bonus. It is also true that if AIG goes BK, those contract will be void. Even AIG doesn't go BK quick...
These banks are asked to take the money in order to provide covers for those big banks.
Hedge fund want a negative feedback loop betwen declining stock price and lower rating. Sprinkle with a couple of run of deposit.
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