So! Supposedly, according to a tip we received over the weekend, "a certain very large French bank" issued an email blast to its traders late last Friday to stop all trades with "a certain Midwest hedge fund," apparently the same fund that insisted quite recently that it had adequate liquidity. (That should narrow it down for you.) On the one hand, claims of drowning in liquidity* are generally signs of Sahara-level dryness, so zee French might possibly be on to something. On the other, our accepting this tip also requires us to admit that a French bank might have its act together. Highly unlikely.
*Alan Schwartz knows what we're talkin' about.
Posted by guest , Nov 03, 2008 10:50AM
cheese eating surrender monkeys
Posted by guest , Nov 03, 2008 10:53AM
This rumor is not true. They are still trading with them.
Posted by guest , Nov 03, 2008 10:53AM
I have dealbreaker in my death pool.
Posted by guest , Nov 03, 2008 10:54AM
Actually the french bank that you are referring to has a pretty good equity derivatives business, which is a MAJOR counterparty to said fund. And oddly enough, they do seem to know what they are doing, so by calling off all trades with said fund means that they are definitely going tits up. We all know that the midwestern fund has a major eqd position that is waaay underwater.
Posted by guest , Nov 03, 2008 10:54AM
"I want a am-bugger"
http://www.youtube.com/watch?v=iUCDhvbQFmU
Posted by guest , Nov 03, 2008 10:55AM
@2: how do you square that with #4?
Posted by guest , Nov 03, 2008 10:59AM
.....accepting the tip.....
you are killing me!
Posted by guest , Nov 03, 2008 11:00AM
2 is lying
Posted by guest , Nov 03, 2008 11:01AM
Which fund is that? Whitebox?
Posted by guest , Nov 03, 2008 11:02AM
Jeez!! I thought this was a football story about TCU in Ft. Worth.
Posted by guest , Nov 03, 2008 11:03AM
@9: Citadel
Posted by guest , Nov 03, 2008 11:06AM
2= Gen Kriffin
Posted by Jesse , Nov 03, 2008 11:07AM
Enjoy your trip to Guantanamo Bess.
Send pics.
Posted by guest , Nov 03, 2008 11:07AM
Does it rime with
http://www.youtube.com/watch?v=ZOtC-xvmFJI
SPODE
Posted by cy , Nov 03, 2008 11:09AM
Hey, 3-
I had your ability to refrain from posting the same lame comment on multiple stories, and guess what....I won!
Posted by guest , Nov 03, 2008 11:10AM
rime? really?
Posted by guest , Nov 03, 2008 11:12AM
ARE YOU FOR SERIOUS?
Posted by guest , Nov 03, 2008 11:14AM
KG applying for a job at Walgreens on Adams.
Posted by guest , Nov 03, 2008 11:20AM
hey, 3-
Can you re-write your comment in something more closely resembling English?
TIA
Posted by guest , Nov 03, 2008 11:23AM
I have dealbreaker in my deathpool too !
Posted by guest , Nov 03, 2008 11:29AM
Citadel 9 VMI 3
Posted by guest , Nov 03, 2008 11:34AM
@- douche who keeps leaving 'deathpool' comment. if you're going to leave the comment on every post, at least do us a favor and not respond to it as though you're a different person. You're an insult to people with multiple personalities.
Posted by guest , Nov 03, 2008 11:38AM
What have you got?!?!
Posted by guest , Nov 03, 2008 12:38PM
the frenchies are retards...
Posted by guest , Nov 03, 2008 3:46PM
Four its i whose ben posting the deathpool coments. Feal my magical powers bitches.
http://www.youtube.com/watch?v=AlA8Rw0QWVM
SPODE