SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: bmillermn who wrote (5759)8/1/2007 10:50:28 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 50320
 
re: ["Would you care to elaborate on what you believe Paulson would do."]

It's not what Paulson "would" do... it's what he
is already doing and what he is going to
continue to do.

That IMF story is not coincidental.

It's a talking points memo to the "rest" of the street,
and a shot across the bow warning to the independent
trading community (read hedge funds).

I'm not even sure I'd call it a "conspiracy",
because the reality is that it's a policy decision.

The President's Working Group on Financial Markets
(PWG), the Treasury Dept. and the Fed...have both
public and private policy initiatives.

Washington is no different than Wall Street.

On Wall Street... before virtually every single major
deal of late, we've seen huge speculative option activity.

It's the nature of the beast.

It's always been that way, still is, and always will be.

Washington is no different.

There are no secrets... just insiders.

Many of these insiders will share that information
for favor, or for profit. And often by design, as part
of policy, because they need and/or benefit from the
cooperation of the beneficiaries of that insider information.

The IMF, the G-8, the PWG, the Treasury, the Fed and
the "insiders" on Wall Street are all aligned
on this...partly, because it is all in their best
interest to be...and partly because they now have
no choice...given the fractures now appearing in
the derivatives market.

I apologize, but I'm going to have to continue the rest
of the story this weekend. I have to return a business
call and have a 4:30 a.m. wake-up call tomorrow.

...I'll cover the rest of the story by Sunday night.

'till then, stay on your toes...and stay outside the box.

SOTB