Archive - Jun 2011 - Blog entry

June 30th

4closureFraud's picture

William Galison Author of Article on the Murder of Sunny Sheu Assaulted and Threatened by Undercover Cop





"I ask my friends and colleagues: what would it take to bring you to the streets? My death? Your friend's death?, Your lover's death? Your child's death? Sunny was a dear friend, but he did not have a big enough sphere of friends to make problems for the cops when they killed him."

 

thetrader's picture

Swiss Franc and the possibility of huge mortgage defaults in Central Europe





It was really easy getting that mortgage in Hungary, and the best of all, denominated in Swiss Francs, so the interest rate was low. Such a great plan, if it wasn’t for that currency risk.....

 

williambanzai7's picture

PoSTCaRDs FRoM THe OBLiVioN





I know many of you are wondering where GW is. Yesterday he remarked that he is on a field trip and unable to check in more frequently. Fortunately, our own intrepid reporter of mayhem, oppression and the apocalypse has been sending postcards which I am happy to share with all of you.

 

Chris Pavese's picture

Predictable Surprises





The way we see it is quite simple. With every investor and every company in the world seeking exposure to China and betting on continued and unabated Chinese growth, what happens if they are wrong? Is it at least worth having some insurance in the portfolio to hedge against the risk of being wrong? If nothing else, we recognize that we are sometimes (often) wrong! GMO’s James Montier recently shared the following thoughts with investors...

 

Bruce Krasting's picture

On Crooks and Crooks?





This is an ugly story.

 

madhedgefundtrader's picture

Ambush in the Oil Market





A new interventionist, activist approach by governments towards the energy space. If the IEA’s strategy works, and prices stay down 10% over time, this would inject $300 billion into the world economy. Howls of leaked information and insider trading. . Traders may bet against the national interest, but now do so at their peril. This is the first real attempt by the consuming nations to eliminate the oil risk premium, estimated at up to $50 a barrel. Cutting Brent prices by a whacking great $30 a barrel. Is this QE3 in black?

 

Reggie Middleton's picture

A Conversation Between a CDS Trader and an Equity Strategist on the Coming European Implosion





... I would tend to believe that from here, things are more double sided than before, and risk-reward much less interesting than it used to be, because there are now external factors like government intervention which can kick the can, and screw valuations for a long time.

 

thetrader's picture

More Pain Ahead





We passed the Greek Vote. Great news, but is the future all bright now? What about the rest of the World and it's Debt?

 

Leo Kolivakis's picture

Circling Back to the Caisse and SARA Fund





I was summoned into a meeting at the Caisse late yesterday afternoon and received a hard slap on the wrists...

 

thetrader's picture

Greed is go(o)d, or will it Destroy America?





Greed is Go(o)d? It sure seems the increasingly polarized American Society believes so. With the wealth getting even more concentrated among very few, this will cause the US big problems in future. The Elite is getting a rather skewed perception of what a CEO should be paid, and what rights they have. They are no uberperson, they are just human.

 

June 29th

Phoenix Capital Research's picture

Bernanke’s Losing Control Again





Bernake is slowly losing control of the system. In 2007, he was putting $30 billion into the system here and there. In 2008-2010, he upped the ante to $50 billion PER MONTH. QE 2 pushed the amount up to $100 Billion per month. And here he is, hinting at giving ANOTHER $300 BILLION when QE 2 ends!?!?

 

thetrader's picture

What will happen if US misses Debt payments?





With the Greek vote now done, the oil reserves opened up and the equities market going higher during the last days, all is great. Let’s not forget about the US Debt problems though. August 4th coming up soon, and Obama needs to extend that parabolic chart….
From www.thetrader.se

 

4closureFraud's picture

Anonymous | A99 #OpESR RICO Class Action Lawsuit Against the Federal Reserve





"What we ask is that you spread the Truth and take ACTION! WE ARE ANONYMOUS. WE DO NOT FORGIVE. WE DO NOT FORGET.EXPECT US."

 

thetrader's picture

Must We Prolong this Agony?-Spain





Greece’s problems are now “solved”, at least for some weeks, until the next debt tranches are to be repaid. The biggest pink Elephant in the Mediterranean, Spain, is passing by very calmly, with the tourists enjoying the cold cerveza on the beach. The summer months are the tourist months, but after this summer, when people decide not to buy all those cheap houses, the Pain will come back. Zapatero won’t run for another term next year, and the blame game has already started. With Spain facing the huge unemployment, the more than a million unsold homes, and local regions carrying “hidden debt”, we expect the autumn to be rather Spain oriented. From www.thetrader.se.

 
Do NOT follow this link or you will be banned from the site!