coolhand's Account Talk

[coolhand]

Queasing Over Quantitative Easing, Part VI

http://seekingalpha.com/article/229277-queasing-over-quantitative-easing-part-vi?source=feed

 

[coolhand]

Democrats feud over plan to fix deficits

http://www.politico.com/news/stories/1010/43351.html

 

[coolhand]

The gloves are off, QE is now seen as an aggressive depreciation tool

http://www.telegraph.co.uk/finance/...-seen-as-an-aggressive-depreciation-tool.html

 

[coolhand]

33 Conspiracy Theories That Turned Out To Be True, What Every Person Should Know...

http://www.newworldorderreport.com/...To-Be-True-What-Every-Person-Should-Know.aspx

 

[crws]

33 Conspiracy Theories That Turned Out To Be True, What Every Person Should Know...

http://www.newworldorderreport.com/...To-Be-True-What-Every-Person-Should-Know.aspx

HA! quick scan...love it
This will be some reading material.

 

[coolhand]

States to Probe Mortgage Mess

http://online.wsj.com/article/SB100...4100.html?mod=WSJEUROPE_hpp_sections_business

 

[coolhand]

Business Backlash Grows

http://online.wsj.com/article/SB100...921655964414.html?mod=WSJ_hpp_MIDDLTopStories

 

[coolhand]

Jobless America threatens to bring us all down with it

http://www.telegraph.co.uk/finance/...a-threatens-to-bring-us-all-down-with-it.html

 

[coolhand]

My short term system is now on a sell, but I don't think the weakness will push the sentinels into a sell. That said, we still have 3 weeks left to October so I'll be riding this sell signal for now until something changes the intermediate term picture.

 

[coolhand]

SEC’s “Interpretive Guidance…Regarding Climate Change” Leaves Many Scratching Their Heads

http://www.corporatecomplianceinsig...garding-potential-climate-change-legislation/

 

[nnuut]

SEC’s “Interpretive Guidance…Regarding Climate Change” Leaves Many Scratching Their Heads

http://www.corporatecomplianceinsig...garding-potential-climate-change-legislation/

The SEC issued a Warning of legislation to come! :nuts:

 

[coolhand]

The SEC issued a Warning of legislation to come! :nuts:

That was my initial take too.

 

[coolhand]

CFTC to Scrutinize Algorithmic Trading After May Market Plunge

http://www.bloomberg.com/news/2010-...orithmic-trading-after-may-market-plunge.html

 

[coolhand]

Nobel Winner Liu, Quiet Literary Critic, Terrifies Beijing: George Walden

http://www.bloomberg.com/news/2010-...y-critic-terrifies-beijing-george-walden.html

 

[coolhand]

The SEC Has No Clue What It's Doing With High Frequency Trading

http://www.businessinsider.com/sec-high-frequency-trading-2010-10

 

[coolhand]

Securitization Flaws May Lead Investors to Fight Mortgage Deals

http://www.bloomberg.com/news/2010-...-to-challenge-1-3-trillion-of-securities.html

 

[coolhand]

Foreclosure Fiasco’s Trail Leads to Washington: Jonathan Weil

http://www.bloomberg.com/news/2010-...-trail-leads-to-washington-jonathan-weil.html

 

[crws]

Securitization Flaws May Lead Investors to Fight Mortgage Deals

http://www.bloomberg.com/news/2010-...-to-challenge-1-3-trillion-of-securities.html

You're in the battleground state...
I say someone's going to get a big spanking over this, and since JP and Citi are co-mingled throughout the Fed, BofA will get taken to the woodshed and get the bloody hatchet as the token offender.
I'm sure Freddie & Fannie won't be exempt, but they have legal recourse to demand cash payment for the (unknown ) fraudulent representations.
Why?
Because of the CDS market that arose out of these transactions, this issue is the public's focus factor of the entire meltdown, therefore escalation and more outrage is inevitable.

The PollyAnna solution as an offer in compromise?
For the entire country?
We're 30% down, where do I sign up?
http://finance.yahoo.com/tech-ticker/upside-surprise!-whitney-tilson-sees-silver-lining-in-%27foreclosure-gate%27-535504.html;_ylt=AsKJo85Q45cqjs_c2hLD6XG7YWsA;_ylu=X3oDMTE2ZXJtZjYzBHBvcwMxMgRzZWMDdG9wU3RvcmllcwRzbGsDdXBzaWRlc3VycHJp?tickers=JPM,BAC,WFC,XLF,XHB,FNM,FRE&sec=topStories&pos=9&asset=&ccode=

 

[coolhand]

Interesting. It's going to require the banks to take their foot off our collective necks, something they haven't been too keen on thus far.

You're in the battleground state...
I say someone's going to get a big spanking over this, and since JP and Citi are co-mingled throughout the Fed, BofA will get taken to the woodshed and get the bloody hatchet as the token offender.
I'm sure Freddie & Fannie won't be exempt, but they have legal recourse to demand cash payment for the (unknown ) fraudulent representations.
Why?
Because of the CDS market that arose out of these transactions, this issue is the public's focus factor of the entire meltdown, therefore escalation and more outrage is inevitable.

The PollyAnna solution as an offer in compromise?
For the entire country?
We're 30% down, where do I sign up?
http://finance.yahoo.com/tech-ticker/upside-surprise!-whitney-tilson-sees-silver-lining-in-%27foreclosure-gate%27-535504.html;_ylt=AsKJo85Q45cqjs_c2hLD6XG7YWsA;_ylu=X3oDMTE2ZXJtZjYzBHBvcwMxMgRzZWMDdG9wU3RvcmllcwRzbGsDdXBzaWRlc3VycHJp?tickers=JPM,BAC,WFC,XLF,XHB,FNM,FRE&sec=topStories&pos=9&asset=&ccode=

 

[coolhand]

Fed Wants to Hoodwink Public, Only Fools Itself: Caroline Baum

http://www.bloomberg.com/news/2010-...fools-itself-commentary-by-caroline-baum.html