Archive - Dec 29, 2009 - Blog entry
Move Your Money From Your Giant Bank to a Community Bank
Submitted by George Washington on 12/29/2009 19:26 -0500On November 18th, I suggested that everyone:
Pimco CEO: We're Trained to Think the "Farther You Fall, The Higher You'll Bounce Back. We're Hostage to the V"-Shaped Recovery Model
Submitted by George Washington on 12/29/2009 14:25 -0500Are we going to have a V-shaped recovery? W-shaped? L-shaped? WWWWW-shaped?
Welcome to the Michael Jackson Economy
Submitted by madhedgefundtrader on 12/29/2009 08:33 -0500Where is my new economy? Kiss that assembly line job goodbye, and keep taking those Mandarin lessons
The Most Shorted Stocks: Past, Present and the Market Implications
Submitted by asiablues on 12/29/2009 05:51 -0500The top five shorts of the decade, the new champion and my take on the possible implications, partly supported by Dr. Marc Faber.
Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 12/29/2009 05:14 -0500Federal Reserve conducting covert Treasury monetization, John Williams warns of U.S. hyperinflation, UN producing bullion coins as world currency, Pakistani government enters political crisis, Lieberman offers to personally hunt down terrorists in Yemen, massive regional war approaches.
Wall Street is Back to Paying Big Bonuses. Are You Sharing in this New Found Prosperity?
Submitted by Reggie Middleton on 12/29/2009 04:53 -0500Wall Street real estate fund investors have essentially given an implicit, cost free "call option" on the real estate market to the big banks. This cost free call incentivized the banks to do as many big deals as fast they could during the CRE bubble, and allowed them to profit even when the deals went bad (as many of them have and inevitably will due to the bubble prices, leverage, expanding cap rates and a negative fundamental/macro outlook). Most observers will be shocked to see the disparity in the returns between the bank, as the fund manager, and their investors. Well, I present to you, "shock" in the form of a blog post!
