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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (39598)8/24/2005 3:57:22 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Yes indeed, please let me know what it starts, as I don't want to miss it <VBG>.

Will my Mr.Creosote figure vomit or croke when it happens?
toychest.diamondcomics.com



To: mishedlo who wrote (39598)8/24/2005 4:13:45 PM
From: patron_anejo_por_favor  Respond to of 110194
 
>>"Credit Event" is a good term isn't it?<<

Yes...it's like a party! I for one hope to drink lots of tequila and have multiple beargasms.....<G>



To: mishedlo who wrote (39598)8/24/2005 4:36:24 PM
From: Ramsey Su  Read Replies (3) | Respond to of 110194
 
I can't believe you guys. 80 months after I practically begged you guys to do yourself a favor by listening to the SAX conference call, you finally did it? <ggggg>

In the mean time, the NY Fed is giving us a list of 14 bankers to short. Any guess who they may be?

Merrill
Morgan
CSFB
Lehman?
C?
BofA



To: mishedlo who wrote (39598)8/24/2005 4:37:39 PM
From: J_Locke  Read Replies (1) | Respond to of 110194
 
For those unfamiliar with financial industry lingo, a "credit event" refers to a bankruptcy, default, etc., rather than a systemic meltdown. I think the REIT guy meant that he expected one of the major players in the sub-prime market to become insolvent, which would lead to widening spreads and systemic stress.

See:

credit-deriv.com