CrazyCougar

Recent Comments

  1. 1
    Posted 2009-01-20 08:43:10 on Opening Bell: 01.20.09

    @5 Hahaha - brilliant!

  2. 2
    Posted 2009-01-15 08:47:43 on Get Well, Steve

    When last week (was it only last week?) news about the hormone thing got out, frankly I had my doubts. When I read the news about Jobs' 5 months leave yesterday, I was both infuriated and sad. Infuriated, because this "salami tactic" of presenting bad news in small slices for as long as possible, until there is now way around forcing the whole chunk down people's/ investors' throats, assumes that most people, especially investors, are complete idiots who'll believe and swallow just about everything. That's so ... politics. At the same time, I feel sad andreally sorry for Jobs. I hope that he'll get well, for his own sake and that of his family and friends. Is he irreplacable for his family and friends? Most certainly. Is he irreplacable for Apple? I don't know. I'd be hesitant to honk that "one of a kind" horn. But he certainly is one of the few people able to mesmerize others by his combination of, umm, (marketing)vision and charisma. Disclosure: I own neither AAPL shares, nor a Mac nor an iPhone, nor (incredible but true) an iPod. Though I might get one of the latter.

  3. 3
    Posted 2008-10-27 10:26:02 on Dealbreaker Contest: No Rest For The Wicked

    837

  4. 4
    Posted 2008-10-24 13:12:23 on Dow Close Contest

    DOW 8542

  5. 5
    Posted 2008-10-21 08:14:17 on Opening Bell: 10.21.08

    Non, non, non - the French banks do *not* -- I repeat: *not* -- have any problems. In fact, despite Noyer (ECB member and France's highest banker stating that the financial crisis (crisis? what crisis?) being far from over, French banks are strong. Vraiment. And, actually, they don't really need the money. Says Noyer. Which begs the question, why, then, stuff it down their throats? Perhaps there just wasn't any other way to get rid of these 10.5B EUR burning a hole into the pockets ... The Bavarian Landesbank, on the other hand, must have had a hole of a different dimension (as in 3B EUR) -- much to the surprise -- and disgust -- of its affiliate Sparkassen (savings banks), who apparently heard about this for the first time in a crisis meeting last night. Which is why the Bayrische Landesbank is the first German bank seeking to tap Germany's newly opened fountain, for around 3-5B EUR. This is reported by the German paper Handelsblatt ( http://www.handelsblatt.com/unternehmen/banken-versicherungen/bayernlb-rechnet-mit-drei-milliarden-verlust;2068951). Considering Bavaria was the province voicing the loudest protest against the provinces taking their share of responsibility when/ if things go awry and the Federal and provincial governments (umm, actually make that the tax payer) actually had to assume losses/ liabilities, this seems a tad titillating.

  6. 6
    Posted 2008-10-10 10:03:20 on 8000? 5000? 0?

    7997.

  7. 7
    Posted 2008-10-01 09:31:56 on If We Are Lucky, Timmay! Used Lehman

    There are many ways to be fucked when conducting business related in any way to a bank/ brokerage going down the drain: As shareholders, bond holders, "ordinary Joes" with part of their 401K unfortunately invested in one (or several) of now defunct financial institution, clients with assets parked there, hedgefunds, state pension funds (like the Norwegian Government Pension Fund), counterparties. Or simply traders with no particular affiliation to a collapsed bank other than, by coincidence, having purchased warrants issued by that institution. After LEH's demise, traders worldwide woke up to discover that their LEH issued warrants had turned as worthless as (or more worthless than) LEH's shares - with the counter party gone, there is no way to trade that stuff. So before entering in even a short-term business relation (i.e., as a buyer/seller of warrants) with any financial company, it's probably become essential now to check their stock chart first. And if it looks anything like BSC's/ LEH's/ WM's ... don't touch that stuff! P.S.: For the time being, that means no Commerzbank (CBK) issued warrants right now, thank you very much!

  8. 8
    Posted 2008-09-29 06:26:38 on Asian Markets Not Buying Bailout?

    @17 - German Hypo Real Estate, the 2nd largest mortgage financer in Germany, and one of the 30 DAX titles, was on the verge of collapse and had to be bailed out this morning. And Reuters just reports that the injections of billions of EUR only serve to "wind down" Hypo in an "orderly" manner. Oops. http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSBAT00237420080929

  9. 9
    Posted 2008-09-17 13:37:42 on We’ll Ask Again: WHAT SOUNDS GOOD WITH MORGAN?

    JP MorganStanley. But only because it sounds good.

  10. 10
    Posted 2008-09-14 15:02:30 on Barclays Pulls Out From Lehman Deal

    Developing story at www.reuters.com : Special U.S. trading session involving credit, equity, rates, forex and commodity derivatives and aimed at reducing risk related to Lehman bankruptcy opened between dealers and Lehman counterparties: ISDA 2:49pm EDT

  11. 11
    Posted 2008-09-12 05:34:35 on Write-Offs: 09.11.08

    @diablo: OUCH! May God --- should he or she exist --, or more to the point: a responsible voter spare this world the McCain/Palin duo infernal. Not another (Vice-)president who has to be briefed on world affairs while in office. That's like skipping the beta-testing of software and pissing paying customers off by abusing them as lab rats, only potentially more lethal.