Great ticker!

Question to the forum...when gearing is discussed 20x1 etc... I understand how this can amplify small yields into big ones (with of course the added risk). Question is how is that gearing provided? Take a hedge fund, when they lever-up aren't they using borrowed money...i.e. interest is owed.

Just a little confused on this and how it works. Thanks for any clarification,

Yes, they are (using borrowed money)

I'm glad you thought the story about FHA and down payment assistance was worth time in your ticker. I thought it was important enough to place in breaking last night, though truth be told, it probably wasn't.

When the people on the inside start complaining how bad this sort of behavior is, eek gads it must be horrific.

In anecdotal evidence, lots of realtors puts FHA approved signs on their listings now. I suppose thats the only agency that will lend on terms crazy enough to buy a house in SD.

Anything that triples the default risk but does not lead to a tripling of the risk premium is an obvious fraud.

Great Tickers the last few days KD, love them!

Excellent.....as usual

I have said repeatedly, that it seems a war is being waged between the super giants of Wall street and the US Govt/congress....the wall streeters have figured out a way to actually create their OWN currencies without the need for govt approval. They've sold it to the world too. Now, when their failure is evident, they are asking the govt to step in and bail them out, trouble is, if the govt does NOT bail them out, then a global collapse is possible, its a game of financial chicken. Of course we know its going to collapse no matter what happens, this is a time buying plan/scam

How was this "allowed" to have occurred ?....I STILL haven't gotten a good answer to that question yet

There are plenty of laws on the books that prevent this sort of thing from happening, so its not like the govt didn't know it was happening, hell, someone went to the trouble to make laws against it....Im not buying the "Who Knew?" bull****

ENFORCEMENT of those laws that we ALREADY have are the responsibility of the administration and its elected officials.....
So, is it a collection of fools that were obscenely greedy?....Or is it some great conspiracy plan to create a fantasy like New World Order or other such horse **** ?

I haven't a clue

Last few days? Hells Bells, KD has the best ticker in town.

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I haven't a clue

Here I'll take a stab. It's the "_IGGER SYNDROME".

1) ******S - Wanting FREE **** from hard working honest AMERICANS.

2) CHIGGERS - Enslaving their population to make cheap **** for ******S.

3) WHIGGERS - Investment Bankers in white shirts that are ****ing their secretaries and a$$raping AMERCIA and selling the counterfeit loans they sold to the ******S.

4) JIGGERS - The jewish bankers that run the country and buy off the PIGGERS.

5) PIGGERS - The COCKSUCKING ***** politicians that have ****ED AMERICA.

How'd I do? Did I miss any panties?

**** YEAH !!! That looks about right to me !

Bless you...you ARE "The One" amigo !

"there will be wailing and gnashing of teeth"

A tiny little ticker today. Did you forget to pace yourself the last couple of days?

Yes DPA sucks, I have used it for customers in the past. Then Fannie Mae came out with MyCommunity loans so for two years they got all the 100% LTV crappy loans. Even offered them with reduced MI coverage. And no premium for those borrowers with reduced scores for Fannie Mae either. MI companies did hit them for a higher premium but not Fannie. For these and other reasons I project FNM = 0.

Theone - you forgot one:

Tiggers - the bought talking heads who requrgitate the Whigger, Jigger and Pigger lies

Allowed to happen because some very smart and educated financial engineers added one innovation after another, making the financial system as complex as a computer operating system.

We are now experiencing progress system lockups which may result in a BSOD.

I'm missing something. What has caused the "short on the long end, long on the short end" strategy to suddenly blow up? As recently as yesterday, I was of the belief that we were seeing an increase in long-term yields (and, conversely, a decrease in long bond prices) as a result of the Fed's loose money policy. Has something--besides yesterday's hawkish rhetoric--changed that trend?

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Tiggers - the bought talking heads who requrgitate the Whigger, Jigger and Pigger lies

Well I thought I covered them implicitly. ---> COCKSUCKING *****S..

They are just a sub-species spin-off from the fundamental _IGGERS.

No no, they are described as having long brown snouts as a sign of their anal snuggling of piggers, jiggers and whiggers.

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Speaking of "inflation expectations" it never ceases to amaze me that the the truth is right there in front of people, but they refuse to read it. The most striking example is how Bernanke (and Greenspan before him) always talks not about inflation itself, but about inflation expectations.

In other words, he's telling you that he really doesn't give a good damn about what really happens to prices - so long as you believe he can keep them under control in the future!

Note: http://www.cnbc.com/id/25081063

Fed Is Hoping to Talk Down Inflation, Not Boost Rates

What an excellent Ticker for a Tuesday. It's apparent the FED will backstop the big boys. Meanwhile, one can find a small bank or two on the percent loser list every day. It doesn't get reported, but obviously the shareholders are going broke.

I was talking today with a former client in Michigan. I lived there years ago. I banked with Citizens Bank. Now the stock is around $3 to $4. I remember owning First of America. Bought out by NCC; I sold my shares years ago. Now NCC is $4.

I know Karl likes theoretical situations. Imagine this one. The whole "crisis" was created to just wipe out all the small and middle players. That seems to be what is happening. Of course, it could all just be an amazing series of coincidences.

It's the inaccuracy (for want of a better word) of the bond market, over the last couple of yrs, that i find interesting: in 2005/06 there was much talk about the unusual inversion of the yield curve (short term vs. long term bonds). The bond market slowly waked up from its slumber and began to sniff inflation (but rates, as we all know, were aggressively CUT). Cue 2008: Inflation and talk of the Fed raising rates: but they ain't gonna walk the walk, are they??

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The whole "crisis" was created to just wipe out all the small and middle players. That seems to be what is happening. Of course, it could all just be an amazing series of coincidences.

The 'crisis' was created because no one in the institutions that created it were allowed to 'talk negative' about upper-level management decisions.

So the minions applied the power of positive thinking while they gave multiple loans to illegals working as hotel maids.

Hey LCruiser (now theone) could you please list the names of the jewish bankers who run America? If you try you might find out that it is a myth. The power bankers in the history of America (morgan, kennedys, etc) were not jewish, and never had that mythical power you bigots ascribed to them. At this point percentage wise there are actually few jews in banking. Convenient as it is to blame the ills of the world on the jews reality is a little different.

'Until it reverses, at which point you need to bend over and grab your ankles.'

:) :)