• 03 Nov 2008 at 10:45 AM

Frogs Call Time Out?

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.

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Comments (26)

  1. Posted by guest | November 3, 2008 at 10:50 AM

    cheese eating surrender monkeys

  2. Posted by guest | November 3, 2008 at 10:53 AM

    This rumor is not true. They are still trading with them.

  3. Posted by guest | November 3, 2008 at 10:53 AM

    I have dealbreaker in my death pool.

  4. Posted by guest | November 3, 2008 at 10:54 AM

    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.

  5. Posted by guest | November 3, 2008 at 10:54 AM
  6. Posted by guest | November 3, 2008 at 10:55 AM

    @2: how do you square that with #4?

  7. Posted by guest | November 3, 2008 at 10:59 AM

    …..accepting the tip…..
    you are killing me!

  8. Posted by guest | November 3, 2008 at 11:00 AM

    2 is lying

  9. Posted by guest | November 3, 2008 at 11:01 AM

    Which fund is that? Whitebox?

  10. Posted by guest | November 3, 2008 at 11:02 AM

    Jeez!! I thought this was a football story about TCU in Ft. Worth.

  11. Posted by guest | November 3, 2008 at 11:03 AM

    @9: Citadel

  12. Posted by guest | November 3, 2008 at 11:06 AM

    2= Gen Kriffin

  13. Posted by Jesse | November 3, 2008 at 11:07 AM

    Enjoy your trip to Guantanamo Bess.
    Send pics.

  14. Posted by guest | November 3, 2008 at 11:07 AM
  15. Posted by cy | November 3, 2008 at 11:09 AM

    Hey, 3-
    I had your ability to refrain from posting the same lame comment on multiple stories, and guess what….I won!

  16. Posted by guest | November 3, 2008 at 11:10 AM

    rime? really?

  17. Posted by guest | November 3, 2008 at 11:12 AM

    ARE YOU FOR SERIOUS?

  18. Posted by guest | November 3, 2008 at 11:14 AM

    KG applying for a job at Walgreens on Adams.

  19. Posted by guest | November 3, 2008 at 11:20 AM

    hey, 3-
    Can you re-write your comment in something more closely resembling English?
    TIA

  20. Posted by guest | November 3, 2008 at 11:23 AM

    I have dealbreaker in my deathpool too !

  21. Posted by guest | November 3, 2008 at 11:29 AM

    Citadel 9 VMI 3

  22. Posted by guest | November 3, 2008 at 11:34 AM

    @- 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.

  23. Posted by guest | November 3, 2008 at 11:38 AM

    What have you got?!?!

  24. Posted by guest | November 3, 2008 at 12:38 PM

    the frenchies are retards…

  25. Posted by guest | November 3, 2008 at 3:46 PM

    Four its i whose ben posting the deathpool coments. Feal my magical powers bitches.
    http://www.youtube.com/watch?v=AlA8Rw0QWVM
    SPODE

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    qq3xOR sydcbosvbnha, [url=http://ohqcyxaaogtc.com/]ohqcyxaaogtc[/url], [link=http://hpoeaqquieei.com/]hpoeaqquieei[/link], http://umpjngvfqtsd.com/

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