This article and anyone who thinks transparency of the Fed would result in Mutually Assured Destruction is a complete and total moron and...
I didn't say he won't be better off with a put if they re-organize. I said he won't be better off holding a put if the firm is liquidated and...
http://online.wsj.com/article/SB10001424052970203946904574300050657897992.html Weak economy? Bernanke says we must give out free money...
Well, nothing you said refuted what I've been saying about the bankruptcy process first of all. Second, equity holders holding puts is not...
Well, I never really considered current equity holders as having a major say in any bankruptcy preceeding outcome and so I never gave the...
I don't think you understand what I'm saying. The very fact that most companies that go into bankruptcy protection are insolvent belies the...
Generally, equity holders are wiped out in the event of bankruptcy as bond-holders are owed first... --...
The difference is that equity holders are generally not called to the table in bankruptcy proceedings. And more than just disclosure is needed,...
Try reading the rest of the article. Also, if you are naive enough to think there are no predatory and manipulative hedge funds out there, this...
http://www.economist.com/businessfinance/displaystory.cfm?story_id=13871164 "Credit-default swaps are pitting firms against their own creditors...
Sfan do you deny that bankruptcy has various social and economic benefits for employees and customers of the firm who desire and require...
Rising loonie is only a problem for Ontario... It's not bad for the rest of Canada.
Bingo. There's not NEARLY enough regulation to discourge moral hazard and market manipulation potential due to the plethora of derivatives out...
Is your mind so entrenched in dogma that you are unable to grasp the possibility that GS and MS is (legally) playing both the stock market and the...
1) Do you not understand the socio-economic benefits of bankruptcy proceedings? To ensure that assets that benefit society have a second lease on...
http://www.bloomberg.com/apps/news?pid=20601087&sid=akcQKz2G5CX4 Morgan Stanley boosts pay by 37 percent. 72% of revenues...
Of course investors love him. He's re-inflating bubbles left and right. Without him, they'd all have no jobs.
'Paradox of Thrift' doesn't exist. Any consumption over and above the optimal level of consumption at T = 0 is damaging for all future periods'...
"Please sir, may I have s'more?" --Oliver Twist
Not gonna happen... The link between interest rates and equities is too powerful.
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