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Barclays wants you to BTFD in PrimeX? You don't say.
A great way to measure deterioration in PrimeX will be the CNBC coverage. If they get all over it, it'll probably rally...
Don't US tbtf have massive inter-connectedness to Barclays?
Depends, I have to call Mozillo to see if this is a buy or not.
I would put my career on the line for this one. A++++ Would buy again!
I just googled "PrimeX"...mortgage problem never went away I take it
SubPrime Is To Lehman As Prime Is To Lehman-Buyer Barclays? logic chain found in job interviews for Ibanking?
'So what is the Markit PrimeX exactly? [And why on earth does it exist?] To discuss, let’s take a look at the family which the index belongs to..... The Synthetic RMBS Family... And in case you are wondering who traded this errr.. stuff, here’s a handy table from the marketing presentation... An important distinction between how these indices operate versus credit indices like the Markit iTraxx and CDX, is that these are “pay-as-you-go”. Under that model, which ISDA had the courtesy to standardise in order to [allow an incredible amount of leveraged subprime exposure to build-up in the system] alleviate otherwise overly burdensome operational constraints....'
I truly believe that when the history of the last few years is written most people who read it will think that the story was made up, that nobody, NOBODY, with a single functioning synapse could possibly think any of it was a good idea.
Presently few people have 'functioning synapses' so what makes you think the future will have (somewhat) intelligent beings?
The humans who remember the old bucket shops are nearly all dead.
Zero Hedge is to Matter as Barclays is to Anti Matter.
My head hurts . . .
The headline of this article brought me back to the analogy section of the SATs
My penis is to large as Jim O'Neill's forecasts are to reality.
On a side note, does anyone see how transparent the DHS is regarding OWS?
A new Fact Sheet we are releasing today outlines our three main objectives:
To implement this approach, DHS is working closely with our federal and international partners, as well as our many partners at the community, state, local, and tribal level across the country. We are an important partner in supporting the National Strategy on Empowering Local Partners to Prevent Violent Extremism, which President Obama released last week.
Back in 2009, this advisory was released
Statement by U.S. Department of Homeland Security Secretary Janet Napolitano on the Threat of Right-Wing Extremism
Release Date: April 15, 2009
For Immediate ReleaseOffice of the Press SecretaryContact: 202-282-8010
We are filled with daily comedy on threatened central planning stages. LOL
but wasn't that a recipe for making Tea Party Kool Aid?
aren't they dealing with different ingredients now?
they best watch out or they'll bring back the ole bread & gravy song
On Monday we had bread with some gravy.On Tuesday was gravy and bread.
On Wed. and Thur. was gravy and toast,which is nothing but gravy and bread.
So Friday I went to the landlord and asked for us something instead.
And on Staurday morning by way of a changewe had gravy w/o any bread.
Alessio Rastani is baaaack!
Link no longer available? Is it somewhere else?
I guess it was down, the link is working now.
Never for money, home is for love.......we are getting closer
Everybody ready for next week?
Will it be Moanday or Tooeasyday? Sure feels like somethign has to give. Barclays is worse than it's Bitelays.
It's never the obvious thing, always from left field.
hey Jim, thatks for that link...Alessio is a fucking legend..."there is no democracy...at the end of the day, the government is a slave to GS and MS"...crucify the bitchez...
surprised there aren't more comments on this subject. "they only dream of one thing, sir." "What's that?" "Revenge." And for that we are all to be scarred for life. Forget TBTF people and just think "too phuckin' big" cuz what's happening sure doesn't look like it has commerce as a goal but anger and rage...effected of course.
"And where the vultures are, the squid can't be far behind."
Nice. I come here for the laughs as much as for the news.
I'm told this one was published about a year before the Fed: http://i.imgur.com/uyF5l.jpg
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