Dealbreaker

Entry: Credit Suisse Looking To Jump Loan Gun Again?

posted by Johnny Debacle

Feb 27, 2008 5:09PM

Who has capacity or the desire to put in for $100mm tickets in the leveraged loan space? Anyone?

Entry: Credit Suisse Looking To Jump Loan Gun Again?

posted by Johnny Debacle

Feb 27, 2008 5:39PM

Then why aren't any of these syndications not failing then? The buyside of this asset class is facing redemptions, likely more drop in LIBOR and historically unprecedented volatility. I just can't believe a syndicating bank would limit the ticket size of anyone interested in reducing said bank's exposure....

Entry: Blog Roll Update: Send In Your Nominations

posted by Johnny Debacle

Feb 28, 2008 1:00PM

Also two other blogs are dead more or less:

http://www.danielmarkharrison.blogs.com/ One post in the last 4 months....

And Sand Hill Slave hasn't existed since 2006.

Also randomization or all the blogs on the front. Only an extremely small % of people will click through to the full blogroll. A click is a substantial barrier.

Entry: The Pension Fund Manager Who Went One-On-One With Michael Jordan…And Won

posted by Johnny Debacle

Feb 28, 2008 5:06PM

A One on One game to 3? That's retarded.

Entry: Sausages and Laws

posted by Johnny Debacle

Apr 03, 2008 5:02PM

Where has EP ever said she was for the JPM deal or the Fed's $29bn guarantee? Also, RB, it was Bear bondholders and stockholders who benefitted directly, not JPM. Also everyone with CDS exposure to Bear bonds. And a lot of other people.

The Bear bailout by the Fed was wrong (illegal?), although I guess it's arguable whether there could have been another way and it certainly is preferable that the whole financial system doesn't collapse. I don't buy that it would have though.

Frank's plan is worse, but an order of magnitude larger in size, minimum.

Entry: Sausages and Laws

posted by Johnny Debacle

Apr 03, 2008 5:27PM

"JPM didn't benefit directly by being able to buy a portfolio and then cherry pick the worst assets and dump them off on the government?"

Not like Bear Stearns bondholders and shareholders did, no. JPM benefited but wading into that situation wasn't some riskless swindling. Portraying it as such is retarded.

You still haven't pointed out to where EP thought the Fed did right in the Bear situation or said anything like your 1st comment indicated. Maybe she does, maybe she doesn't, but as far as I know, you're projecting what you think she thinks with no basis.

Entry: Sausages and Laws

posted by Johnny Debacle

Apr 03, 2008 5:53PM

I can't speak for her intentions, but this whole thing reminds me of the fear mongering that what hand in hand with everything leading up to Iraq. Like depression or terrorism or boogeyman du jour lies around the corner and it is an inevitable and we will all die unless WE ACT RIGHT NOW and invade Iraq/sign this Homeland Security Bill/Bailout Bear/Bailout homeowners between 05 and 07. It's a cover, and it's bullshit and I don't buy into the worst case scenarios or the doom and gloom crap.

Entry: Non-Disclosure Cat Fight

posted by Johnny Debacle

Apr 04, 2008 3:55PM

Short seller manipulation my ass. More like insiders trading on what they knew. Schwartz went to BB on Thurs night. Like ppl didn't know.

Entry: Write-Offs: 04.07.08

posted by Johnny Debacle

Apr 07, 2008 10:03PM

Cody Willard's blog is spamming comments across every site. Is that about as low as someone on Tv can get? Some schlep working for you spamming for traffic for your blog, while DB probably has more readers than FBN has viewers....