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To: Smiling Bob who wrote (113799)3/31/2008 6:11:02 PM
From: ChanceIsRespond to of 306849
 
>>>Tougher rules could hurt Wall Street profits-PIMCO<<<

Call it intuition, but for the last nine months Bill Gross has had the appearance of being very ill at ease. Just a hunch. Little Bird. Whatever.

When I see Bill scared, I short.



To: Smiling Bob who wrote (113799)3/31/2008 6:44:54 PM
From: Peter VRespond to of 306849
 
<<<Tougher regulations, with the goal to shore up the safety and soundness of the overall banking system, will likely slash the profits of major investment houses like Goldman Sachs (NYSE:GS - News), Lehman Brothers (NYSE:LEH - News) and Merrill Lynch (NYSE:MER - News), Gross said>>>

what do they have against Morgan Stanley? Why can't it get any of ths bad press? I bought puts 'cause they have some of the biggest derivative exposure, but they get no love from the press.



To: Smiling Bob who wrote (113799)3/31/2008 8:20:34 PM
From: HawkmoonRespond to of 306849
 
Gross, the chief investment officer of Pacific Investment Management Company, or PIMCO, anticipates such a regulatory revamp will result in higher capital standards for investment banks, bringing them closer to their commercial bank counterparts.

Y'know.. it kind of makes sense since the repeal of Glass/Steagall..

The question is what are the capitalization standard for non-US investment banks, and will this give them a competive advantage against their US rivals?

Hawk