Hiding Bear Posted October 1, 2004 Author Report Share Posted October 1, 2004 FWIW Some very knowledgeable people, who I trust, suggested that yesterday?s aggressive fixed income seller was a foreign central bank. They sold approx $5b in 5yrs and $9b in 10yrs. I can?t confirm whether or not it was a central bank. More importantly the seller is back this morning. Tanks Roq. On a similiar subject - I'm just wondering why any central bank is still holding agencies. There has been almost $250 billion accumulated by foreign central banks, and the Euro zone banksters already gave them a thumbs down a awhile ago. Link to comment Share on other sites More sharing options...
huey9 Posted October 1, 2004 Report Share Posted October 1, 2004 a two party controlled debate is not a debate. why don't these knucklehead chickensheets ( shrub and ferry) debate with the other candidates. that would be closer to a debate. nothing but an infomercial for dems and repubs' not even newsworthy Link to comment Share on other sites More sharing options...
An Ant Posted October 1, 2004 Report Share Posted October 1, 2004 Last chance to contain this rally ? Link to comment Share on other sites More sharing options...
brian4 Posted October 1, 2004 Report Share Posted October 1, 2004 Actually Kerry did win the debate more importantly the Idiot Prince showed his true colors, Mangled syntax, Brain locks, temper and of course he was petulant and not listening. I think and hope the Sheep will/are waking up, The Pig flies alone at the open and it is looking higher, my stop now 1118! Link to comment Share on other sites More sharing options...
Guest yobob1 Posted October 1, 2004 Report Share Posted October 1, 2004 China's statements about letting the yuan float are pure grade A bull shit. They have no intention of doing so unless it benefits them. They hold the trump cards and they know it. Link to comment Share on other sites More sharing options...
brian4 Posted October 1, 2004 Report Share Posted October 1, 2004 that was quick-stopped out! Link to comment Share on other sites More sharing options...
wonmug Posted October 1, 2004 Report Share Posted October 1, 2004 Don't forget Poland.. Marshall Islands, Palau. Resolute, stalwart. Its hard work. Link to comment Share on other sites More sharing options...
maddasher Posted October 1, 2004 Report Share Posted October 1, 2004 a two party controlled debate is not a debate. why don't these knucklehead chickensheets ( shrub and ferry) debate with the other candidates. that would be closer to a debate. nothing but an infomercial for dems and repubs' not even newsworthy Ya got that right. Just like with Wank Street, you get nothing more than what they want to give you. Link to comment Share on other sites More sharing options...
brian4 Posted October 1, 2004 Report Share Posted October 1, 2004 Back in stop 1123- window opens in 5 minutes for 65 minutes! Link to comment Share on other sites More sharing options...
soup Posted October 1, 2004 Report Share Posted October 1, 2004 judging by this mkt action, shrub got killed in the debate and they are ramping the mkt to mitigate the damage? Link to comment Share on other sites More sharing options...
Guest yobob1 Posted October 1, 2004 Report Share Posted October 1, 2004 This from Eavis, IMO one of the better forensic analcysts. Lining up Fannie Mae (FNM, news, msgs) alongside two of America's worst corporate fraud offenders may seem a stretch to some. But a close reading of the report suggests that Fannie could have kept billions of dollars of losses out of earnings -- as well as out of an important capital number that is used by its regulator to determine the company's financial strength. WorldCom is thought to have hidden around $11 billion of expenses to boost its earnings. But it's possible that Fannie, which provides huge support to the U.S. housing market through billions of dollars of mortgage purchases each year, overstated the capital number by more than that. For example, at the end of last year, the capital number in question may have excluded as much as $11.6 billion in pretax net losses. Implications for the housing industry If Fannie did fail to include those losses in earnings and capital, it would have drastic ramifications for the company, investors and the structure of the U.S. housing industry. Fannie may have to raise far more new capital than Wall Street currently is estimating, leading to a further decline in Fannie's stock. The Office of Federal Housing Enterprise Oversight (OFHEO) and Fannie announced Monday that Fannie must immediately go about raising its capital to 30% above its required level, but the final amount may be far higher. The Fannie Mae mess is one for the books Link to comment Share on other sites More sharing options...
An Ant Posted October 1, 2004 Report Share Posted October 1, 2004 Did anyone notice that he avoided answering what he thought about danger of another attack if Kerry is elected ? He simply said he is going to win. Next. Link to comment Share on other sites More sharing options...
traderfromhell Posted October 1, 2004 Report Share Posted October 1, 2004 China's statements about letting the yuan float are pure grade A bull shit. They have no intention of doing so unless it benefits them. They hold the trump cards and they know it. Absolute truth. Anyone think the Chinese will do anything that does not advance their position is playing checkers while they be playin' chess. Don't underestimate them. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 1, 2004 Report Share Posted October 1, 2004 This from Eavis, IMO one of the better forensic analcysts. Lining up Fannie Mae (FNM, news, msgs) alongside two of America's worst corporate fraud offenders may seem a stretch to some. But a close reading of the report suggests that Fannie could have kept billions of dollars of losses out of earnings -- as well as out of an important capital number that is used by its regulator to determine the company's financial strength. WorldCom is thought to have hidden around $11 billion of expenses to boost its earnings. But it's possible that Fannie, which provides huge support to the U.S. housing market through billions of dollars of mortgage purchases each year, overstated the capital number by more than that. For example, at the end of last year, the capital number in question may have excluded as much as $11.6 billion in pretax net losses. Implications for the housing industry If Fannie did fail to include those losses in earnings and capital, it would have drastic ramifications for the company, investors and the structure of the U.S. housing industry. Fannie may have to raise far more new capital than Wall Street currently is estimating, leading to a further decline in Fannie's stock. The Office of Federal Housing Enterprise Oversight (OFHEO) and Fannie announced Monday that Fannie must immediately go about raising its capital to 30% above its required level, but the final amount may be far higher. The Fannie Mae mess is one for the books That explains why FNM is going vertical "Market" Right Link to comment Share on other sites More sharing options...
Guest libertas Posted October 1, 2004 Report Share Posted October 1, 2004 judging by this mkt action, shrub got killed in the debate and they are ramping the mkt to mitigate the damage? that's about the size of it Link to comment Share on other sites More sharing options...
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