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Reggie Middleton Serves Up Fried Calamari From Raw Squid: Goldman Sachs and the Market Perception of Real Risks!

Reggie Middleton's picture




 

For those who don't subscribe to BoomBustblog, or haven't read I'm Hunting Big Game Today:The Squid On The Spear Tip, Part 1 & Introduction and Hunting the Squid, Part2: Since When Is Enough Derivative Exposure To Blow Up The World Something To Be Ignored?,
not only have you missed out on some unique artwork, you've potentially
missed out on 300% to 500% investment gains as well (as of the posting
of this message from the beginning of the month)...

image019

Goldman's
share price went down to nearly $50 during the 2009 crisis, and I
believe things are worse this time around. Of course BoomBustBlogger, you shouldn't be
greedy, subscribers. Cash in your fried calamari chips now, or at the very least hedge them - while you
have them and prepare for the next opportunity. There will be plenty,
rest assured. Remember how Goldman's stock actually trades...

..
I'd like to announce to the release of a blockbuster document
describing the true nature of Goldman Sachs, a description that you will
find no where else. It's chocked full of many interesting tidbits, and
for those who found "The French Government Creates A Bank Run? Here I Prove A Run On A French Bank Is Justified And Likely" to be an iteresting read, you're gonna just love this! Subscribers can access the document here:

As is customary, I am including free samples for those who don't subscribe, so you can get a taste of the forensic flavor. Here are the first 2 pages of the 19

page professional edition, with illustrative option trade setups soon to follow.

 Goldman_Sachs_Q3_Forensic_Review_Page_01Goldman_Sachs_Q3_Forensic_Review_Page_01Goldman_Sachs_Q3_Forensic_Review_Page_01

Is Goldman Sachs stock really the front running, Mo-Mo traders wet dream?

Goldman_Sachs_Q3_Forensic_Review_Page_02Goldman_Sachs_Q3_Forensic_Review_Page_02Goldman_Sachs_Q3_Forensic_Review_Page_02

So, what else can go wrong with the Squid? 

Plenty! In Hunting the Squid, Part2: Since When Is Enough Derivative Exposure To Blow Up The World Something To Be Ignored?" I included a graphic that illustrated Goldman's raw credit exposure...

So, what is the logical conclusion? More phallic looking charts of
blatant, unbridled, and from a realistic perspective, unhedged RISK
starring none other than Goldman Sachs...

 image006

And
to think, many thought that JPM exposure vs World GDP chart was
provocative. I query thee, exactly how will GS put a real workable
hedge, a counterparty risk mitigating prophylactic if you will, over
that big green stalk that is representative of Total Credit Exposure to
Risk Based Capital? Short answer, Goldman may very well be to big for a
counterparty condom. If that's truly the case, all of you pretty, brand name Goldman counterparties
out there (and yes, there are a lot of y'all - GS really gets around),
expect to get burned at the culmination of that French banking party
I've been talking about for the last few quarters. Oh yeah, that
perpetually printing clinic also known as the Federal Reserve just might
be running a little low on that cheap liquidity antibiotic... Just
giving y'all a heads up ahead of time...

And
for those who may not be sure of the significance, please review my
presenation as the Keynote Speaker at the ING Real Estate Valuation
Seminar in Amsterdam, below. After all, for all intents and purposes, Dexia has officially collapsed - [CNBC] France, Belgium Pledge Aid for Struggling Dexia... and its a good chance that it's a matter of time before BNP follows suit - exactly as BoomBustBlog predicted for paying subsccribers way back in July.

A step by step tutorial on exactly how it will happen....

 The European banking debacle was predicted at the start of 2010, a full year and a half before this has come to a head. If I could have seen it so clearly, why couldn't the banking industry and its regulators?

Now, back to GS, and considering all of the European falllout coming down the pike, of which Goldman is heavily leveraged into, particulary France (say BNP/Dexia/etc.)...

image009

Let's go over exactly how GS is exposed following the logic outlined in the graphic before this series of videos, as excerpted from subscriber document Goldmans Sachs Derivative Exposure: The Squid in the Coal Mine?, pages 3,4 and 5.

GS__Banks_Derivatives_exposure_temp_work_Page_3

GS__Banks_Derivatives_exposure_temp_work_Page_4

GS__Banks_Derivatives_exposure_temp_work_Page_5

Booyah!

There you go. The markets and the media have concentrated on Morgan Stanely because Goldman has successfully hid much of its risk from those who didn't subscribe to BoomBustBlog. Of course, those who did subscribe picked up those puts ridiculosuly cheap, and are/will reap the benefits as the TRUTH goes VIRAL!

Those who wish to jump on the gravy train of our next US bank analysis featuring those susceptible to this malaise can subcribe here and now!

The many ways to reach Reggie Middleton:

  • Follow us on Blogger
  • Follow us on Facebook
  • Follow us on LinkedIn
  • Follow us on Twitter
  • Follow us on Youtube

Or simply email me.

Meet Reggie Middleton in person in NYC and London!

I
will be hosting two BoomBustBlog meet and greets, for those who aren't
too put off by my truthful, fact-based style. One in the next couple of
weeks in a swank, pretty people laden lounge in downtown Manhattan, and
the other potentially in London in mid-November - both wherein we sit
down and chew the fat about things financial, global macro and
socio-economic over drinks and heated debate. I will have plenty of
gratis BoomBustBlog research there as well. Those who are interested
should email the blog Customer Support for info.

 

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Tue, 10/04/2011 - 13:21 | 1737767 Spartaguy
Spartaguy's picture

Good work Reggie, I'm sure the ECB will hire you as a consultant to help shore up its balance sheet!

http://aintmymedia.com/

 

 

God bless.

 

JDH

Tue, 10/04/2011 - 13:19 | 1737760 Common_Cents22
Common_Cents22's picture

Doesn't GS and JPM have a govt(taxpayer funded) backstop?  Aren't they too big to fail?   I wonder who might the next AIG fall guy be to funnel taxpayer money to cash out GS/JPM and 100%?

Tue, 10/04/2011 - 12:49 | 1737640 SILVERGEDDON
SILVERGEDDON's picture

Goldman is gold electroplating on dog shit only, not solid gold after all - what a shock! Yo, Reggie, toss a good looking bitch on your arm for the next photo op, so's your message is not diluted by Republican wannabe homophobia! Just sayin'.

Tue, 10/04/2011 - 13:06 | 1737706 Reggie Middleton
Reggie Middleton's picture

.

Tue, 10/04/2011 - 11:38 | 1737285 JOYFUL
JOYFUL's picture

"The[re are] many ways to reach Reggie Middleton"...

true nuff dat...but what seems more important, how to reach the "Middleman's" hunting party?  After one gets over all the bradaggio, the false trails, and vine woven traps to the intellect,(and the obvious but uncommented photoshopped abs!?!?)  a fact stands out: this is the only sequel that could follow up "The Deer Hunter" and not look cheap -Reggie runs the Voodoo down! Three weddings and a funeral meets Shaft...

insiders have made it clear that Reggie's actual site does not deliver on what folks be lookin for, BUT, that's just visual eye candy for the techo-logically addicted - gettin in on the biggest hunt since Cromwell shopped Charles for a crock of Sephardic derivatives is something worth paying for! For the first time, there's a thin scent of Bankster fear on the morning breeze: and jungle drums are hummin!

Hunting the Squid Part One crossed the line:  tactical opposition to the 'main enemy' requires crossing into hyperreality - as well as a firm grasp on the personal profit/loss column - a well made spear, fur clad shield, and of course, the ubiquitous loin cloth,  combined with just the right humourous sensibility....this dude has got it all down!

meets n greets?  I don't need no stinkin entree!... Tired of the Boho Dance...where can I join the "the Jungle Line?" Let's talk numbers Reg!(I want Walken's role, and a chance to meet Foxy Brown backstage!...edit...Ok, maybe Foxy's daughter...I got to admit, my references are a bit dated!)

Tue, 10/04/2011 - 11:24 | 1737244 NuYawkFrankie
NuYawkFrankie's picture

 

 

Hunting for banks on safari

With guns mounted on his red Ferrari,

Down Wall St. Reg flew

And bagged quite a few

And from Goldman he made calamari

Tue, 10/04/2011 - 10:41 | 1737060 Bahamas
Bahamas's picture

Reggie is doing God's work...that is frying calamari ..of course.

Tue, 10/04/2011 - 10:11 | 1736924 The Big Ching-aso
The Big Ching-aso's picture

Fried calamari is excellent with a nice chianti and fava beans.

Tue, 10/04/2011 - 13:31 | 1737806 Zero Govt
Zero Govt's picture

i'd prefer a swift culling of GS and JPM fraudsters by capitalisms Grim Reeper (as should have happened in 2008 until Govt intervention fucked-up natural law and order... yet again) and a swift burial in an un-marked grave or ditch somewhere

Tue, 10/04/2011 - 09:48 | 1736817 williambanzai7
williambanzai7's picture

Pass me the lime juice...

Tue, 10/04/2011 - 09:37 | 1736766 cocoablini
cocoablini's picture

I was going to chime in that the content is great at Boombust, but the site UI is hard to read and theres too much stuff which makes the site load horribly slow. But then again, a lot of this is free.
Thanks reggie- its obvious the squid prop desk ain't so great without QE

Tue, 10/04/2011 - 09:21 | 1736691 EcoJoker
EcoJoker's picture

Reggie, for the money you charge, your site is a piece of crap.   You can't find anything and it's organized like a second grader coded it.   Really... you need to fix it. 

 

Tue, 10/04/2011 - 09:16 | 1736668 g
g's picture

Calamari is disgusting, keep them.

 

Good work as usual Reg.

 

Now tell us, who will you endorse to be President.

Tue, 10/04/2011 - 09:07 | 1736642 Sudden Debt
Sudden Debt's picture

I KID YOU NOT!!!

I LOVE CALAMARIS!!

 

Tue, 10/04/2011 - 09:43 | 1736638 Zero Govt
Zero Govt's picture

"Goldman Sucks credit exposure to its risk based capital is 788% ....... Goldman is heavily leveraged into France (78% of tangible equity), UK 68%, Cayman 65%, Japan 44%, Germany 41%..."

 

Hahahahahahahahahahhah  ;)))))))

Thanks for the tremendous belly laughs today Reggie, that's got to be the funniest financial joke of the decade... and i thought JPM's balance sheet was f'ing hilarious!

So Lloyd Blankfeind and Jamie Dimon are not exactly the "bestest brains in America". More like elite educated crooks running (gambling) their 'banks' ragged on liquid heroin (hyper leveraged risk). Be interesting to see how these 2 hi-finance sheisters continue to rake-in (thieve) billion dollar bonuses from insolvent operations that look like a debt-backed Las Vegas bum shooting acid between losing hands.

How did Blankfien and Dimon steal $100bn executive bonuses from banks they'd driven into bankruptcy? It's not only a case of blatant Club Parasite theft of the scummiest proportions but also a dead ringer for fraud too. Haven't shareholders now got all the evidence they need on the 'independent' Auditors, the 'independent' Non-Executive Board, the 'independent' Regulators, the 'independent' GS & JPM Compliance and Risk Managers???? Haven't they all worked well and done spiffing jobs     

Where are the Police, the FDIC, the Fed and the 'Gods' of social justice, the slimes of that toilet of society, Govt??? ...oh they're all in the pocket!!! Junkies Dimon and Blankfein are 'fully invested' (ingratiated) and have been paying top Dollar for their protection racket in Govt and all its crooked institutions (Police, Regulators, Banking Committees, Lawmakers, Accountants etc) ..so all State mandated 'authorities' have both failed and indeed are absolutely complicit in massive theft and fraud (as they already are in mortgage fraud), along with Benny 'BS' Bernanke who has not only bailed out the WS fraudsters but bought their fraudulent sugar-coated turds, toxic debts and MBS's, himself (another academic retard/loser)

..the lunatics (criminals) have taken over the asylum (banking and Govt) 

All power to your elbow Reg... classic piece  ;))

Tue, 10/04/2011 - 10:15 | 1736944 Cynical Sidney
Cynical Sidney's picture

i hear blankfein and dimon are shopping for govt bailouts. perhaps they promise to politicians who are willing to go along, a cut of the bailout funds that will guarantee successful reelection.

Tue, 10/04/2011 - 10:08 | 1736902 myne
myne's picture

If I were those CEO's I'd be buying an island in a very remote place and masses of gaurds. Then I'd fake an air crash in the Florida Keys where the currents make it nearly impossible to find anything.

Plastic surgery, a mass of bribes, your own army, and a harem to boot. It's the white man's dream.

Tue, 10/04/2011 - 08:56 | 1736623 bugs_
bugs_'s picture

Wow - watch GS being drawn relentlessly to the buffet buyin point ($80).

Tue, 10/04/2011 - 13:34 | 1737814 Ancona
Ancona's picture

Looks like someone's going to get a squid ink enema.

Tue, 10/04/2011 - 08:51 | 1736603 pauhana
pauhana's picture

OMG!

Tue, 10/04/2011 - 11:26 | 1737256 Fuh Querada
Fuh Querada's picture

It's the PECs ! Made me faint clean away

Tue, 10/04/2011 - 10:20 | 1736967 falak pema
falak pema's picture

that sounds ominous have you seen RM's harpoon? or the squid's tentacles? Or both?

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