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  • The Greatest Short Sale in History
    I bet a lot of people thought the same about Japanese govt bonds back in 1990, 1991, 1992....
    ultimately, the treasury bonds will be the greatest short sale ever. But not just yet. and being early on this one by a couple of years means being wrong and getting killed.
    Sep 25 02:47 am |Rating: 0 0 |Link to Comment |View article
  • Why I Bought AIG Last Week
    I agree and went long AIg at 2.50, too.However, I expect those sales that you outlined to generate substantially less - likely just about 55-70 bn $. the reason is that everybody knows that AIg has to sell the stuff asap and that there are plenty of opportunities out there for people with cash.
    as I see it, the warrant structure has already been chosen for the fed to have the option to not take AIG over. In any case AIG below $3 looks like obe of the best opportunities in finaical stocks out there because further downside imho is almost non-existant. except, if you expect financial armageddon. But then again, my small, speculative stake in AIG might be the least I will worry about.
    Sep 23 08:11 am |Rating: 0 0 |Link to Comment |View article
  • Financial Crisis: This Is the Real Deal
    Yes. I do. McCain the bum said AIg should be allowed to fail and talked about moral hazard. What a display of utter economic dumbness and ignorance. It's like refusing to let the firebrigade put off the fire in the city centre because the homeowner ther played with fire and should not be encouraged further. heck, who cares if the entire city burns down. I am sure McCain is diversified enough with - how many 5-7?- houses to weather it.
    frickin' unbelievable. It seems, the man could even be worse than GWB - and that MEANS something.
    Sep 18 05:06 am |Rating: 0 0 |Link to Comment |View article
  • AIG: The Cramer Conspiracy Theory
    Felix, your irgnorance is telling. Naked shorting IS a huge problem as even the SEC reluctantly admits. Just look at JOSB . 107% of the float is shorted! 107%!!! even for you it should be evident that this is impossible if rules were enforced. But they are not and hence these illegal practices can continue. That Cramer now rants about it, is absurd however, because many of his hedgefund friends have profited enormously exactly by relentless shorting and by taking advantage of the SEC's ignorance and inactivity.
    Sep 18 03:50 am |Rating: 0 0 |Link to Comment |View article
  • AIG Lives Another Day; Shareholders? Not So Much
    sorry for the typos. it should have read
    'anyone who claims he is happy to have bought a stock at $5 while it now tra