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2016-03-19 18:53
Well I did warn you.Just because BofA was taking this heap over the ride isn't finished.Unless you're a sovereign wealth fund, that is, easily duped with money to burn,you had ample opportun… Read More
2016-03-19 18:53
Euphemisms and acronyms.Wall St. and The City seems to be full of them.Years ago Morgan Stanley used have a product called 'OPALS'.Short for Optimized Asset Linked Securities.I can't remembe… Read More
2016-03-19 18:53
I don't mean The Bailout,you know Resolution Trust 2,or Toxic Bank.Whatever you want to call it.The proposition itself is not new but why does Hank want his proposal/decisions to be outside… Read More
2016-03-19 18:53
I wept when l heard the news.With laughter.If you didn't see this one coming you must be a real believer in the Blundering Herd.I'm mulling over yesterday's events.I'm a bit annoyed.I was su… Read More
2008-08-03 14:49
I haven't written anything for a while.There was nothing to write about.All that's happened in the last six months is that an investment bank went under,oil & gold reached new peaks,liqu… Read More
2008-02-25 23:24
The US stock market rallied today.Mostly on the back of Ambac retaining it's triple A rating,and MBIA being taken off the downgrade sick list.Ambac's trying to raise 3$ billion to bolster it… Read More

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