Debter's Profile
Comments
Entry: How Entitled Are You?
posted by Debter
Apr 01, 2008 4:43PM
PGP (that's Pete G. Peterson) told me unfunded PV liabil's around 40 tril...and that's not UGK tril I'm talking about (RNP Bun B, or was it Pimp C)...last night on PBS.
Entry: LOL? More Like ROFLMAOWPIMP!
posted by Debter
Apr 03, 2008 2:05PM
Dimon just laid it all out there on the ol' boob tube, with the old boob sitting next to him (Schwartz).
And where the f*ck is Big Daddy Cayne?
Entry: When a Buyout Writer Goes Bad
posted by Debter
Apr 04, 2008 4:50PM
Wow, civilized debate (if there really is a debate) amongst the flock.
Entry: Tim Sykes: Issuer of the Badge of Honor or the Scarlet Letter?
posted by Debter
Apr 07, 2008 4:15PM
I think we can all agree Timmay is a douche. He is attention starved, as mentioned previously, whether it's good or bad. I just hope he goes broke before any serious amount of investors are sucked in to his strategy (which from what I can tell seems to be momentum based). I'm certainly not a technician, but we do use charts on a daily basis (our shop is fundamental/ relative value trading/ investing).
Entry: Irony: It's Not Just for Breakfast Anymore
posted by Debter
Apr 07, 2008 4:49PM
I get what RB is saying, but that's similar saying "it's society's fault" that you turned into a crook. It's lack of personal responsibility that has gotten us to where we are (and the moral hazard, or lack of punishment for making foolish decisions). I certainly don't have all the answers, but I'm not gonna just let'em off the hook either.
Entry: Irony: It's Not Just for Breakfast Anymore
posted by Debter
Apr 08, 2008 10:08AM
Damn, RB has been on all night defending his positions...f that, I need my beauty sleep.
Anyway, Diablo, the ownership society that was pushed (wrongly for the most part), was never realized since the real problem is that many didn't own (equity) any part of their homes. Those that have upwards of 10-20% equity, typically made through a down payment, are not the ones with adjustable mortgages and in fear of losing their homes.
Entry: Write-Offs: 04.09.08
posted by Debter
Apr 10, 2008 9:30AM
Cody should do a segment on Timmay, however the stupidity might cause heads to explode.
Entry: Beta LIBOR Is Dead
posted by Debter
Apr 16, 2008 9:58AM
The O should have been for obvious...surveys suck. This "potential" problem has always been around. The only difference now is that the folks in associationtown regulatoryville are just now realizing the potential for abuse (yes, I"m talking to you ISDA and Bank for International Settlements).
Entry: Beta LIBOR Is Dead
posted by Debter
Apr 16, 2008 12:58PM
There is no logical reason, it's just an index like the DJIA or S&P. Also US LIBOR is what rates are tied to and represent the rate the BBA banks would loan each other in USD, not lbs or euros. This is how I understand it, please feel free to correct me.
Entry: Hurry! Space Is Limited!
posted by Debter
Apr 16, 2008 1:00PM
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH!
Fuck!
Entry: Job Of The Week
posted by Debter
Apr 18, 2008 4:23PM
it's almost 4:30 on Friday, Fitch should be downgrading something any minute now
Entry: British Banking
posted by Debter
Apr 18, 2008 4:31PM
If I'm short the pope, what do I go long?
Entry: Talking Down To The Neo-Financiers
posted by Debter
Apr 23, 2008 12:52PM
Okay, back to this Knee guy. I think he may be worried that the neophyte bankers are slicker, more cynical, greedier than he is AND WILL FUCKIN' EAT HIM ALIVE.
Entry: Collateral Schmerateral
posted by Debter
May 02, 2008 4:47PM
God it's quiet...I'm bookin' it. Nice reading you ep.
Entry: Opening Bell: 5.6.08
posted by Debter
May 06, 2008 12:30PM
UBS also exiting the muni biz, underwriting and cap markets, that should be good for a couple hundred folks
Entry: Is Bond Insurance Magical?
posted by Debter
May 06, 2008 4:56PM
Here is why insurance on muni bonds persisted. It allowed non-traditional buyers (hedge funds, arbs, and small towns in Norway) to eliminate what they perceived as credit risk (they git confused and thought elimination of credit risk would equal the elimination of basis risk), lever the f*ckers up and reap pretty decent income. It's all about the carry trade. This was ata time when the rest or the world's yield curves were practically flat, or flat enough that they could not overcome the fees (remarketing and such) for leverage to work. Anyway, basis blew out last summer, and you guys know the rest of the story.
Entry: King Conglomeration Is Dead! Long Live Anti-conglomerate King…Diller?
posted by Debter
May 12, 2008 12:07PM
EA and take two are NOT internet companies, they are software development companies. I'm not sure if you were comparing that merger to IAC, but if you were, it doesn't hold. If you weren't, never mind.
Entry: Older Guy Declares War On Millennials
posted by Debter
May 15, 2008 4:55PM
I'm Gen X by a couple of years (you figure out which end), but I see this backlash against millenials more with Boomers. I would say it's the fear that millenials are not only healthier, got to do anal etc...,but that they are smarter and encroaching on boomer/ gen x territory. I genuinely believe boomers and gen x'ers are afraid for their jobs, and they should be.
Entry: We're only 2 comments away from breaking 100.
posted by Debter
Mar 28, 2008 4:28PM
@4:24 Douche, yes...yes you are