bertatlas
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the pending downsizing/breakup of the euro will be short term nasty and long term beneficial. especially for Greece, Portugal, etc...
8:26 AM May 21st
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NIce job on the FB pricing. Underwriters placed the stock in weak hands if it can't stay above issue price beyond the 1st day of trading...
8:08 AM May 21st
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The JP Morgan folks will say the $2b loss was a hedge gone wrong. It wasn't a hedge against the bank's exposure, it was a simple bet...
7:47 PM May 13th
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Pension funds that have high fee investments (PE, RE, HF) have been outperformed by stocks/bonds
8:10 AM Apr 2nd
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at 6x+ book, why is Apple buying any of its stock back? They should just do a special dividend.
7:02 AM Mar 19th
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The Fed's bank stress test were pretty severe. That so many banks passed is a strong positive...
11:11 AM Mar 14th
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Agreeing to an austerity program is one thing, let's see it implemented when riots breakout, businesses burn, and politicians get sacked...
12:52 PM Feb 13th
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Excellent editorial on An Exit Strategy From the Euro via @
11:55 AM Jan 20th
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Treaty amendment, ECB as lender of last resort, fiscal reform - only way Euros get out of the mess. Better happen over the next few weeks.
10:02 AM Dec 7th, 2011
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Leon Cooperman says pretty much all you need to say:
9:58 AM Dec 7th, 2011
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the job adds, the improving economy, the global need for US dollars - real fiscal reform & USA would be more dominant than last 30 yrs
8:07 AM Nov 30th, 2011
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OIS + 50 bps is the "new LIBOR"
8:02 AM Nov 30th, 2011
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major Central Banks effectively reduce funding in US$ by 50 bps to help the Euros stay afloat. Temp, needs Euro fiscal reform. Own TIPs
8:01 AM Nov 30th, 2011
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JP Morgan call to MF Global - "Hey, we have $650mm of your funds in custody over here. We understand you're looking for it. Want it?"
10:30 AM Nov 4th, 2011
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It's all about Italy now...
8:14 AM Nov 1st, 2011
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A little CYA leadership by Papandreou. Knows Euro-plan won't be popular and doesn't want to take the heat. Start reprinting drachmas...
8:13 AM Nov 1st, 2011
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Italy "promises" to reduce spending... How does that appear on the balance sheet?
10:35 AM Oct 27th, 2011
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The Euro accord is nice, but not that strong. Banks build cap through Ret. Earnings, not infusions. Constrains lending...
10:33 AM Oct 27th, 2011
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It's a pretty simple concept. It's called "restructure debt payments". That way the Euros don't have to call it a Greek default...
1:42 PM Oct 4th, 2011
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Buffet is loathe to buy his own stock & historically has not done so. BRK buyback another indicator that risk is cheap and bonds are rich.
8:29 AM Sep 26th, 2011
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