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Is Paulson Offloading BofA In Dark Pools?

Tyler Durden's picture




Some interesting market chatter was recently intercepted: if true, then JP may be quietly offloading at least some part of his financial exposure using dark liquidity.

BAC warrants (BAC/WS/A warrants, 13.3 strike jan 2019 expiration) had a print last night of 30mm at 4:31 (average daily volume of 800k).....Paulson was a holder of 30mm as of his last 13-F....lot of talk floating around as to what the print was all about, and anyone involved is being tight lipped.....I believe it was BAC themselves that put the print up in the Dark Pools.....if anyone has info would love to hear it, otherwise passing along what little info I know......

As noted above, Paulson had exactly 30MM of the Jan '19s as per the last 13F.  As a reminder, Paulson sold 30MM BofA
shares in the quarter ending September 30. Which begs the question: is JP using the recent run up in BAC to bail? Any readers with insight are welcome to chime in.

h/t Sell Puts




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Thu, 12/23/2010 - 14:25 | Link to Comment Matxeu
Matxeu's picture

WIKILEAKS!

Thu, 12/23/2010 - 14:57 | Link to Comment ATG
Thu, 12/23/2010 - 14:59 | Link to Comment hugovanderbubble
hugovanderbubble's picture

My big wonder is...

Do u think Wikileaks has only 1 or 2 banks on target? how many insurance and trading firms,and conventional companies?....i mean, this is just the iceberg´s upfront, for sure.

and im not Sherlock holmes...

Thu, 12/23/2010 - 15:23 | Link to Comment KickIce
KickIce's picture

Weakileaks got the exact amount of information the government wanted them to.  Then again, Obama has been trying to villinize the banks from day one, so we might get some good stuff.

 

Thu, 12/23/2010 - 16:14 | Link to Comment ArmchairRevolut...
ArmchairRevolutionary's picture

Tool!  Obama doesn't do anything without first getting permission from the banks.

Thu, 12/23/2010 - 18:25 | Link to Comment infotechsailor
infotechsailor's picture

but i thoughts obama is gonna take down the evil 'rich white man'... thats why he had to put kashkari and timmeh in charge of the treasury, give the fed more power, and allow the banks to unload their bad assets through the backdoors at the FRBNY...

cuz he's fighting for 'the people'!

:/

Sat, 12/25/2010 - 23:44 | Link to Comment barkingbill
barkingbill's picture

ron paul also denies 9/11 truth in public. so what? just because someone doesn't believe 9/11 is an inside job, doesn't mean suddenly his organization must be a cia/soros conspiracy to shut down the internet. give it a break. some of you are so eager....just sooo eager to put wikileaks down. fact is....they are doing good work and they have ALL the right enemies. i.e. the big losers hate wikileaks. that might mean they are something good....did you ever think about that?

Thu, 12/23/2010 - 15:16 | Link to Comment hugovanderbubble
hugovanderbubble's picture

Tyler and ZH Team;

when u have time

Please analyze this...chart

http://www.rankia.com/respuestas/635104/images/29349

BULLBEAR RATIO AT HIGHS¡¡¡

Thu, 12/23/2010 - 15:25 | Link to Comment cougar_w
cougar_w's picture

Gee ... ya think?

Thu, 12/23/2010 - 17:14 | Link to Comment MeTarzanUjane
MeTarzanUjane's picture

Well it obvious they think. Maybe too much.

But do we really give a shit? Just asking....

ZH has been so wrong for so long. It's hard to believe that CNBC has a better, more profitable average than ZH*.

*since ZH began CNBC has had a more profitable run, ex; The Haines Bottom....

Thu, 12/23/2010 - 17:31 | Link to Comment tahoebumsmith
tahoebumsmith's picture

yeah and since Zero Hedge started the market has been manipulated to the sum of 5 trillion dollars. Stimulus, MBS circle jerking, QE1,QE LITE, QE2 and many more desperate surprises as well. CNBC is owned by GE...need I say more? Jeff Immelt is on Obama's economic advisory commitee. Everything ZH has pointed out wouldn't have survived without a bailout or a stimulus or some other bullshit way to cover the Ponzi. How can ZH predict such acts of desperation? They can't because they are sensible and understand the consequences from such desperate actions.

Thu, 12/23/2010 - 17:52 | Link to Comment MeTarzanUjane
MeTarzanUjane's picture

So can we agree that if Tyler had a hedge fund that you sure as shit would not invest $$ into it? Manipulation or not, he just does not get it? Maxine Waters would be a better HF manager?

Thu, 12/23/2010 - 18:16 | Link to Comment Bay of Pigs
Bay of Pigs's picture

And you'd be a great PM fund manager right Mr. Hot Shot? More like a Armchair QB. 

Sat, 12/25/2010 - 22:30 | Link to Comment chopper read
chopper read's picture

ZH is so bad he scours every article and reads and comments on the message boards habitually.  ha, ha.  ...what a clown. 

Thu, 12/23/2010 - 18:20 | Link to Comment KickIce
KickIce's picture

+1 , take out the market manipulation and we are Greece, or worse..

 

Fri, 12/24/2010 - 01:27 | Link to Comment homersimpson
homersimpson's picture

I guess if you're chasing returns in milliseconds or even days, Tyler would be a horrible fund manager for the financially inept. In your case, I guess your fund manager must be Warren Buffett or Pimco.

Manipulation or not, you don't get it. Don't confuse luck with skill.

Fri, 12/24/2010 - 11:02 | Link to Comment Matxeu
Matxeu's picture

See DARPA...

Thu, 12/23/2010 - 22:36 | Link to Comment optimator
optimator's picture

Once Jeff Immelt was made a director of the NY Fed things started looking up.  GE just about doubled since then, you guys all know the monetary bail out details.

http://finlayongovernance.com/?p=443

Thu, 12/23/2010 - 18:33 | Link to Comment infotechsailor
infotechsailor's picture

the difference between day-trading in unicorns or living in the real world of fundamentals.

Sat, 12/25/2010 - 00:07 | Link to Comment Buck Johnson
Buck Johnson's picture

The rats are getting out while they can.  Also whatever bank (BOA) that will show up it isn't just emails of them saying this or that about the losers buying junk.  I bet it will show that they and others knew they where putting together junk and not by chance and it will show they talked about how to mask it to investors.

Thu, 12/23/2010 - 14:30 | Link to Comment Cdad
Cdad's picture

NO!  I refuse to believe that anyone would sell short the future of this shining institution.  Can't be.  Must be a planted story so that we would go all, "we know that you know that we know that you know..." and rush out to buy things like Blight-o-America.com.  This, of course, would be reason to buy the S&P, to boot.

Something smells here, Tyler.  After all, who would not love what Blight on America is doing with all those "lost titles" they be carryin'?  You don't think Average Joe would be mad about being pledged to six different MBS paper crap devices...you know, so that golden parachute money could be set aside...do you?

More SHOPPING STORIES FOR THE PEOPLE PLEASE, BLOW HORN...pay no attention to anything happening within this corrupt bank.

CAPITAL CANNOT FORM IN BANKS AS CORRUPT AS THESE

Thu, 12/23/2010 - 14:29 | Link to Comment SwingForce
SwingForce's picture

Let's see, The Wikileak file is out there, waiting for a decryption key. Does anyone we know have enough money to put a team of <krush, bang, signal lost> Skype still down?

Thu, 12/23/2010 - 14:30 | Link to Comment hugovanderbubble
hugovanderbubble's picture

This is scary..

Maybe with OMON option in Bloomberg,....

 

 

Thu, 12/23/2010 - 14:35 | Link to Comment Bearster
Bearster's picture

Dark, light, clear, opaque pools, doesn't matter... 

"Transparency" sounds like a good thing until you realize it means that you are coerced into publishing private information that you would like to keep private.  Imagine if the government passed a "private data neutrality act" mandating that everyone send all their email through google, everyone make a facebook account and link it to the GPS in their cellular phones so that facebook knows where you are at all times, etc.  Transparency, bitchez!

The same is true for one's holdings of securities and one's intent to buy or sell.

Thu, 12/23/2010 - 14:52 | Link to Comment the rookie cynic
the rookie cynic's picture

Big Brother just had a wet dream.

Thu, 12/23/2010 - 17:00 | Link to Comment channel_zero
channel_zero's picture

That's so year 2000.

Where were you in 2006 when the NSA was reported as having a tap on AT&T's voice and data trunks? 

Nothing is private.  Not phones, not the Internet, not email. Nothing.

http://www.wired.com/science/discoveries/news/2006/04/70619

Thu, 12/23/2010 - 14:39 | Link to Comment skitux
skitux's picture

Seems like a stretch

Thu, 12/23/2010 - 14:45 | Link to Comment TheProphet
TheProphet's picture

The FAZ made a fat reversal from the red into the green.

Thu, 12/23/2010 - 15:48 | Link to Comment Miss Expectations
Miss Expectations's picture

That's good news, however at this point I think it's impossible for me to win my money back.

Thu, 12/23/2010 - 16:22 | Link to Comment Miss Expectations
Miss Expectations's picture

dupe

Thu, 12/23/2010 - 17:20 | Link to Comment MeTarzanUjane
MeTarzanUjane's picture

Does it amaze you that after all this time Sacrilege cannot even prevent duplicate postings?

Is it a common genetic trait for all behind-the-scene ZH people to be incompetent beyond normal?

Duplicate postings, LoL. For almost 2 years this guy cannot figure out how to fix this..... LoL!

Thu, 12/23/2010 - 14:53 | Link to Comment Sudden Debt
Sudden Debt's picture

Actually my BAC warrants have jumped 350% in the last 3 weeks. Sounds more like profit taking to cover their silver shorts ;)

And in Paulsons case, he made 60% on those call warants! IN 1 YEAR TIME!

Thu, 12/23/2010 - 14:55 | Link to Comment hugovanderbubble
hugovanderbubble's picture

+1, yes im with  u,,,

i will post next days US bank CDS 2yrs and 5yrs

 

13.16 is resistance for BAC next week.

Remember one thing...

Bradley models suggest Turning point 25/26 december, but we have POMO 28,29.......it would be interesting those loads  CALL VIX (feb,march) or VXX (till 49´s)

Sudden debt look the divergence between EURCHF and Stocks...CHF making highs vs USD and CHF during last two months...and the stocks up...come on'¡¡¡¡¡ Correlation Across-Assets has been destroyed¡

Thu, 12/23/2010 - 14:57 | Link to Comment goldmiddelfinger
goldmiddelfinger's picture

You must be mistaken. Check your price history again. It's hard to get plus 60% from $9 a year ago to $7.3 last nite.

Thu, 12/23/2010 - 14:49 | Link to Comment hugovanderbubble
hugovanderbubble's picture

U appreciate some kind of profit taking in BKX?im outta office

Thu, 12/23/2010 - 14:56 | Link to Comment Cdad
Cdad's picture

ROACHES!  LOOK!  Back door of the Roach Motel [SPY].  Get ready with the Raid, brothers.  Despite the complete insanity of the intervention on this day...the mirror ball does not seem to be whizzing at the Roach Motel.  Interesting.

I would recommend selling things that are priced for dot com [minus oil because L. Blankfein is driving that one just now...and I might add he is driving it straight up Average Joe's keester]. 

If those freakin' roaches start pouring out...you know what to do.

Cdad

Thu, 12/23/2010 - 15:00 | Link to Comment NotApplicable
NotApplicable's picture

Offloading in a dark pool?

Sounds like a fitting euphemism.

Thu, 12/23/2010 - 15:22 | Link to Comment hugovanderbubble
hugovanderbubble's picture

+1

Thu, 12/23/2010 - 15:16 | Link to Comment onlooker
onlooker's picture

check Drudge---- China to bail out Euro

Thu, 12/23/2010 - 15:28 | Link to Comment Cdad
Cdad's picture

Sweet! 

"Central Planners Unite with Chinese Communists in Last Ditch Effort to Hold Together Self-Perpetuating Debt Machines"

In late breaking news, Chinese Communists buy Europe.  All were made happy on the eve of Christmas, in the year of our Lord 2010, the year of Self-Gifting.

Shiny Bobble futures respond with vertical joy, as Moynihanrots.com announces "Cars as Homes" loans backed by dead puppy collateral, and L. Blankfein corners the entire Middle East oil production for 2011 in five minutes thanks to Ben Bernanke Bananas. 

In Copper, JP Morgan owns everything copper, you bitchez.....

Could the news get any better?  I can hardly wait to have my government issued bracelets fitted.

Good Grief [and by that I mean...well, this whole free market thingy is just about over....]

Thu, 12/23/2010 - 15:34 | Link to Comment buzlightening
buzlightening's picture

"Could the news get any better?  I can hardly wait to have my government issued bracelets fitted." LOLOLOL!  goonzi roundin up the terd herd!! Catch me if you can!!???? hehehehehehehehehe!

Thu, 12/23/2010 - 15:20 | Link to Comment Clapham Junction
Clapham Junction's picture

OFF TOPIC BIBLICAL QUESTION.

  If the Christ child was also God, then why did "God" have to tell Joseph to get to Egypt?

  Why couldn't the baby Jesus tell him? In fact, why was he ever in danger?

Read the Gospel of Mark for a real mind-bending story.

My theory is that the Holy Trinity begins AFTER Christ is crucified.

Thu, 12/23/2010 - 15:39 | Link to Comment Wynn
Wynn's picture

Holy Trinity? Isn't that Warren Buffett, Bill Gates & Steve Jobs?

Thu, 12/23/2010 - 16:41 | Link to Comment Don Birnam
Don Birnam's picture

Bernanke, Blankfein, and Dimon.

Father, son, and holy ghost.

Thu, 12/23/2010 - 15:42 | Link to Comment SwapThis
SwapThis's picture

If your really interested CJ, I would be happy to go through the explaination with you via other channels...

Thu, 12/23/2010 - 15:49 | Link to Comment bingaling
bingaling's picture

Read the Nag Hammadi texts that will really screw with your head and answer your question .

Fri, 12/24/2010 - 00:32 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

"OFF TOPIC CATHOLIC QUESTION"

There, fixed it.

Trinity isn't a biblical concept.  It's a Catholic concept.

So is Christmas by the way.  It existed long before Christ.

Christ was born in late summer / early fall, not winter. 

 

Fri, 12/24/2010 - 07:18 | Link to Comment old naughty
old naughty's picture

"OFF TOPIC HUMBLE QUESTION"

Why isn't the Trinity include the Mother?

Fri, 12/24/2010 - 10:53 | Link to Comment Crassus
Crassus's picture

Long after, Council of Nicaea, 325 AD. To the monetary point, the Vatican has always coined money. If it backed its currency with Ag and Au, it might scoop up the smoking remains of Europe a second time and haggle with China over the rest of the paper world.

Thu, 12/23/2010 - 15:18 | Link to Comment buzlightening
buzlightening's picture

You'll have a happy new year ifin you're continuing accumulating real monetary stores of value outside the banksters ponzi go round!!  This is one stinkin pile of chit paper ready to collapse at a mouse fart of true reality confirming to us rank'n filers, exiting deep pocket rat basturds!!! Ramming speed!!  Your captain SS US Financial Titanic!!  Excuse me while I straighten a few financial deck chairs on the paper ponzi poop deck!!!! 

Thu, 12/23/2010 - 15:19 | Link to Comment Grimbaldus The ...
Grimbaldus The Norman's picture

Shit happens. Dark pools everywhere... look what Obama missed swimming in.. damnit.

 

Again, shit happens.

 

http://politics.blogs.foxnews.com/2010/12/23/obama-family-vacation-runs-troubled-waters-again#

Thu, 12/23/2010 - 15:21 | Link to Comment hugovanderbubble
hugovanderbubble's picture

12.99

Thu, 12/23/2010 - 15:25 | Link to Comment hugovanderbubble
hugovanderbubble's picture

12.97

next lehman, please knock,knock the door.

Tue, 01/11/2011 - 09:59 | Link to Comment Clapham Junction
Clapham Junction's picture

(d)

Thu, 12/23/2010 - 15:26 | Link to Comment thepigman
thepigman's picture

Why not nationalize this pos BAC as we

have to pay for it anyway?

H.M.M.M.M?

Thu, 12/23/2010 - 16:40 | Link to Comment unununium
unununium's picture

Of course BAC will be nationalized, but the boyz had to trade it up, down and sideways first.

Thu, 12/23/2010 - 15:25 | Link to Comment hugovanderbubble
hugovanderbubble's picture

H&S in SP 30 min time frame ,

 

Thu, 12/23/2010 - 15:28 | Link to Comment waterdog
waterdog's picture

I am trying to find a reason to care. 75% of the US population does not know there is a depression/recession/ whatever you want to call it happening. BofA my be run by an army of middle aged white male thieves but, they do provide services that make life easier to deal with that local banks cannot provide.

I do not care if Wikileaks has proof that all of the executive officers of BofA sit around on weekends and suck each others' chicken. I do not care if BofA stole $10 Trillion.

I am not moving my accounts from BofA. I am not closing out my equity line of credit that has an interest rate of 3.5%-nor  are the other 75% of the population that have accounts there.

Someone wants that stock; and there is a reason- and I do not give a rat's ass what that reason is.

There are two things that diminish my enjoyment of each day. One is rumors about BofA and the other is Sara Palin. If I could just go one day without reading or hearing about these two screw ups I would be happy.

 

 

Thu, 12/23/2010 - 15:32 | Link to Comment AnarchoCapitalist
AnarchoCapitalist's picture

Eyes wide shut = bliss.

Tue, 01/11/2011 - 09:59 | Link to Comment Clapham Junction
Clapham Junction's picture

(d)

Thu, 12/23/2010 - 15:37 | Link to Comment junkyard dog
junkyard dog's picture

You know Waterlogged, you still sound like my old lady's mother.

Thu, 12/23/2010 - 15:42 | Link to Comment waterdog
waterdog's picture

Well, well, well, if isn't junkyard dog. I thought TD was doing well enough to keep the CAPTCHA above the 3rd grade math level. So where have you been?

 

Thu, 12/23/2010 - 15:52 | Link to Comment junkyard dog
junkyard dog's picture

I have been trying to stay upwind of your stinking flea bitten ass. I have read your last 20 days of replys and comments and must say you have gone down hill on intellegence.

 

Thu, 12/23/2010 - 15:53 | Link to Comment junkyard dog
junkyard dog's picture

  

Thu, 12/23/2010 - 15:55 | Link to Comment junkyard dog
junkyard dog's picture

  

Thu, 12/23/2010 - 15:56 | Link to Comment bingaling
bingaling's picture

Boy mispelling intelligence five times on a comeback really sucks

Thu, 12/23/2010 - 15:58 | Link to Comment waterdog
waterdog's picture

What is the matter Junkyard, that maxi-pad you are using to communicate with too fast for you?

Thu, 12/23/2010 - 16:04 | Link to Comment merehuman
merehuman's picture

SO, where is BKB9?  i fact a lot of regulars have dissappeared.

 

Thu, 12/23/2010 - 18:19 | Link to Comment velobabe
velobabe's picture

let me spell the way

no JR

no Cheeky

no frank owen

others i just forgot to write them down. hey harry, seasons greeting.

Thu, 12/23/2010 - 18:48 | Link to Comment delacroix
delacroix's picture

gordon gecko  chumba

Thu, 12/23/2010 - 22:47 | Link to Comment Rockfish
Rockfish's picture

.- -. -. . -- ..-. .. -. ..- -.-. .- -. . ... ..- -.-. -.- ... .-.-.- -.-. --- --

Thu, 12/23/2010 - 15:46 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Sell high!

Sell me your gold, bitchez!

Price Change due to Predominant Selling

-9.15
Gold Price Change due to Weakening of US Dollar

+2.25

Thu, 12/23/2010 - 15:33 | Link to Comment cougar_w
cougar_w's picture

Assange is out there somewhere debating if he should let it dribble out over time to savor the prolonged screaming, or just rip it loose all at once and enjoy the flash and the billowing mushroom cloud over Wall Street. So many choices.

Or he might just dibble out the crap on JPM and let rip the junk on BAC. Screams and annihilation. Fun times ahead.

Thu, 12/23/2010 - 16:44 | Link to Comment Don Birnam
Don Birnam's picture

+1

Thu, 12/23/2010 - 17:34 | Link to Comment Mercury
Mercury's picture

He’s kind of a big fucking deal

Or it just might be the case that neither Assange himself or his cyber-gossip is as big a deal as he thinks.

Thu, 12/23/2010 - 15:36 | Link to Comment Island_Dweller
Island_Dweller's picture
Wow! Bank Of America Bought "Sucks" And "Blows" URLs For Like Everyone At The Company

 

http://www.businessinsider.com/wow-bank-of-america-bought-sucks-and-blow...

Thu, 12/23/2010 - 16:43 | Link to Comment unununium
unununium's picture

I first saw that embarrassing list of anti-BAC domains in a Journal article.  When Rupert has turned on you, the end is not far away.

What a completely asnine ineffective maneuver anyway.  As if adding "sucks" and "blows" at the end of each BAC director's name is the one and only way to register an anti-BAC domain.  Sheer idiocy.

Thu, 12/23/2010 - 15:36 | Link to Comment SAME AS IT EVER WAS
SAME AS IT EVER WAS's picture

Its buy the fucking dip time! The battle bots are about to start operation short squeeze.

Thu, 12/23/2010 - 15:36 | Link to Comment thepigman
thepigman's picture

Look like some of the hedgies are

not waiting for New Years Eve to get

out of dodge. jmho

Thu, 12/23/2010 - 15:39 | Link to Comment bankrupt JPM bu...
bankrupt JPM buy silver's picture

$5 puts, eat'em up! 

Thu, 12/23/2010 - 15:41 | Link to Comment mynhair
mynhair's picture

Just buy the fukking dip.....

Thu, 12/23/2010 - 16:01 | Link to Comment Cdad
Cdad's picture

Who the hell is anyone kidding with any of this today?  Seriously, if a free market republic banana tree falls in the forest when no one is there, would the Blow Horn [CNBC] just do another story on shopping?

If thousands years of human struggle on the continent of Europe is suddenly sold to Chinese Communists so that Greek folk can have their cake and eat it too...and everything remains intraday peachy...what planet am I on?

Obviously, I am suffering from oxygen deprivation if anything I am seeing and reading about from under my pile of coats in my closet today is even remotely connected to things that are actually happening...in the world...not my parallel universe.

This market should be sold every single minute of every single day until the crooks in charge of this mess are removed from positions of power.

REAL CAPITAL--WHICH IS DIFFERENT THAN BERNANKE CAPITAL--CANNOT FORM IN BANKS AS CORRUPTS AS THOSE PERPETRATING TODAY'S MASSIVE MARKET MANIPULATION.

I think it is pretty much over, folks...until the will to restore the rule of law emerges again in America.

But of course...WHAT DO I KNOW?

P.S.

Just mentioned on The Blow Horn...again....camels.  Way to go irrepressibly adorable Ms. Burnett.  What fucking cosmic bunny-hole have I stumbled down?

Thu, 12/23/2010 - 17:21 | Link to Comment Grimbaldus The ...
Grimbaldus The Norman's picture

... remotely connected to things that are actually happening...in the world...not my parallel universe.

Your universe is someone elses parallel universe. Ebb and Flow, it's our turn to be the 'alternative universe'... or so thinks the universe, it seems. 

Thu, 12/23/2010 - 16:02 | Link to Comment hugovanderbubble
hugovanderbubble's picture

Mynhair,

that pic is the "deadcatbounce"?:)

 

Thu, 12/23/2010 - 16:07 | Link to Comment Cdad
Cdad's picture

This just in:

The Blow Horn's[CNBCs] S. Wapner says, "Santa Clause Rally" for the 23rd time today revealing that investment banks are, indeed, deploying Twitter mining software bots that buy or sell the Roach Motel based on what S. Wapner at the Blow Horn [CNBC] says.

LOL!  Are you f'n loling me?

Bueller....Bueller....anyone out there?

Thu, 12/23/2010 - 18:25 | Link to Comment velobabe
velobabe's picture

CDidd, i think i remember that the cheeks use to use your kind of parentheses marks.

[ ]

Thu, 12/23/2010 - 16:15 | Link to Comment bullwhip29
bullwhip29's picture

The BAC-Wikileaks thing is a complete farce. If anything truly incriminating was to be released, I'm sure TPTB would step in front of it (think cruise missile into the Pentagon). This is like another bogus stress test of sorts, nothing more. Then again, maybe someone does know something? I hear the Hindenburg is back too (not that this mattered the last time...LOL).

 

Thu, 12/23/2010 - 16:20 | Link to Comment barthezz
barthezz's picture

BAC/A sell of 30mio, BAC/B buy of 1Mio at the same time for a price of 2.75.

Thu, 12/23/2010 - 16:21 | Link to Comment buzzsaw99
buzzsaw99's picture

Would insiders be required by law to disclose this trade? It seems like a hedge against the company going bk.

Thu, 12/23/2010 - 16:38 | Link to Comment thepigman
thepigman's picture

Insolvent TBTFs don't go bankrupt

under Dodd-Frank. The assets get dissembled

and parceled out.

Thu, 12/23/2010 - 16:46 | Link to Comment unununium
unununium's picture

BAC has been selling the furniture and settling lawsuits like mad lately.  I'm too lazy to go find the links though.

Thu, 12/23/2010 - 17:33 | Link to Comment MeTarzanUjane
MeTarzanUjane's picture

Where the fuck is that stupid Hawaiian dumb fucker? The one who wears the mask in his icon?

Thu, 12/23/2010 - 19:39 | Link to Comment perchprism
perchprism's picture

Bank of America/Country Wide thought they could fight the put-back battle mortgage by mortgage, but lost a ruling yesterday:

 

http://www.cnbc.com/id/40794336

 

They're being sued for $26 Billion

Thu, 12/23/2010 - 22:19 | Link to Comment Akrunner907
Akrunner907's picture

Can someone please give me an education on dark pools and how they are used in this situation?

Fri, 12/24/2010 - 15:14 | Link to Comment Windemup
Windemup's picture

Hmmmph. Holy Trinity. Asia, Europe and Amerikas.

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