Archive - Apr 19, 2009 - Story
Equity Rally Reaches Escape Velocity
Submitted by Tyler Durden on 04/19/2009 20:02 -0500The “crap rally” accelerated further on Friday, one of the lowest volume options expiration days in recent memory. Gravity defying common equity prices of fundamentally "basket case" businesses advanced further. The move can no longer be described as parabolic. A space shuttle launch trajectory is the most accurate depiction of the move. The only question is if this is mission STS-51-L of Challenger or STS-107 of Columbia. We will know the answer fairly soon.
Equity Rally Reaches Escape Velocity
Submitted by Tyler Durden on 04/19/2009 20:02 -0500The “crap rally” accelerated further on Friday, one of the lowest volume options expiration days in recent memory. Gravity defying common equity prices of fundamentally "basket case" businesses advanced further. The move can no longer be described as parabolic. A space shuttle launch trajectory is the most accurate depiction of the move. The only question is if this is mission STS-51-L of Challenger or STS-107 of Columbia. We will know the answer fairly soon.
Equity Rally Reaches Escape Velocity
Submitted by Tyler Durden on 04/19/2009 20:02 -0500The “crap rally” accelerated further on Friday, one of the lowest volume options expiration days in recent memory. Gravity defying common equity prices of fundamentally "basket case" businesses advanced further. The move can no longer be described as parabolic. A space shuttle launch trajectory is the most accurate depiction of the move. The only question is if this is mission STS-51-L of Challenger or STS-107 of Columbia. We will know the answer fairly soon.
Equity Rally Reaches Escape Velocity
Submitted by Tyler Durden on 04/19/2009 20:02 -0500The “crap rally” accelerated further on Friday, one of the lowest volume options expiration days in recent memory. Gravity defying common equity prices of fundamentally "basket case" businesses advanced further. The move can no longer be described as parabolic. A space shuttle launch trajectory is the most accurate depiction of the move. The only question is if this is mission STS-51-L of Challenger or STS-107 of Columbia. We will know the answer fairly soon.
The Goldman Web
Submitted by Tyler Durden on 04/19/2009 19:55 -0500double click to active
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idea compliments of http://www.goldmansachs666.com/
The Threat Of GECC's Disappearing Tangible Common Equity Value
Submitted by Tyler Durden on 04/19/2009 19:51 -0500One of the biggest threats to the financial system currently is neither Citi, nor Bank Of America, nor any other pure play bank. Over the past month the administration has made it clear that the U.S. would rather print ever more money (and funnel them directly to Citi's coffers) and potentially face default dangers, than allow another Lehman-type event. Right now, the biggest weakness, in my opinion, is the parent company of General Electric Capital, GE Corp, which incidentally is also the owner of such consistent market bottom callers as CNBC's Jim Cramer and Mark Haines.
The Threat Of GECC's Disappearing Tangible Common Equity Value
Submitted by Tyler Durden on 04/19/2009 19:51 -0500One of the biggest threats to the financial system currently is neither Citi, nor Bank Of America, nor any other pure play bank. Over the past month the administration has made it clear that the U.S. would rather print ever more money (and funnel them directly to Citi's coffers) and potentially face default dangers, than allow another Lehman-type event. Right now, the biggest weakness, in my opinion, is the parent company of General Electric Capital, GE Corp, which incidentally is also the owner of such consistent market bottom callers as CNBC's Jim Cramer and Mark Haines.
Quantitative Strategies During Recessions Examined
Submitted by Tyler Durden on 04/19/2009 15:59 -0500As the recent quant thread on Zero Hedge has stirred a firestorm of interest into this arcane field of finance, I present an interesting academic paper courtesy of Dr. Vinay Nair who previously worked as a PM and Research Director with none other than Vikram Pandit at Old Lane, and author of Investing for Change.
Quantitative Strategies During Recessions Examined
Submitted by Tyler Durden on 04/19/2009 15:59 -0500As the recent quant thread on Zero Hedge has stirred a firestorm of interest into this arcane field of finance, I present an interesting academic paper courtesy of Dr. Vinay Nair who previously worked as a PM and Research Director with none other than Vikram Pandit at Old Lane, and author of Investing for Change.
And So It Begins? Biggest Florida Bank Given 20 Days To Find Buyer Or Risk Shut Down
Submitted by Tyler Durden on 04/19/2009 00:56 -0500The biggest financial institution in Florida, $14 billion BankUnited of Coral Gables, was told by its regulator, the Office of Thrift Supervision, to find a buyer who would raise its depleted capital to acceptable levels or risk a government takeover.
