optionarmageddon.ml-implode.com - 12/1/2008
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[Today on OA, a guest column by Dash Riprock. Dash previously worked as a CDO underwriter at a U.S. brokerage house in New York. He currently helps evaluate fixed income derivatives for banks and insurers.]
With all the talk of bank failures and government involvement here on ...
informationarbitrage.com - 12/3/2008
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informationarbitrage.com —
AIG : Maurice Greenberg's piece in today's Wall
Street Journal nearly provoked an attack of apoplexy. I'm...
not sure if I've read such a slanted, self-serving editorial in a long, long time. I'm pretty shocked that the WSJ would publish such pandering ...
(more)
Thoughts for the Day: AIG, Private Equity and Venture ...
money.cnn.com - 11/30/2008
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money.cnn.com —
NEW YORK (CNNMoney.com) -- Just 4-1/2 months after
setting record highs, the average price of regular unleaded...
gasoline is above $2 a gallon in only 3 states and the District of Columbia, according to a survey released Sunday. The average price of ...
(more)
Gas prices fall for 74th straight day, below $2 in 47 ...
nakedcapitalism.com - 11/30/2008
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nakedcapitalism.com —
How can you give cash compensation to an
executive, yet claim it is not a salary or...
bonus? You call it a "retention bonus," No, I am not making this up. Note that AIG chose to make this disclosure the day before Thanksgiving, clearly choosing a ...
(more)
AIG Plans to Pay Retention Bonuses to Executives
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THE FINTAG NEWSLETTER @ 01 December 2008
FiNTAG - Hedge Fund News, Views, Opinions and Gossip —
... Fintag says How times have changed. option armegedodon says " Understanding “Tier 1? capital ratios " MEGA-BEAR QUARTET big picture ...
Man Group says banks more leveraged than hedge funds
IEHI Feed: The Hedge Fund Implode-o-Meter —
"Hedge fund deleveraging has put pressure on asset prices as clients have redeemed. But the main point is banks are deleveraging and they are many times more leveraged than hedge funds," said Chief Executive Peter Clarke. Yes, it is hard to match Citigroup's 280-to-1 leverage ratio to tangible equity unless one lives in the special privileged world of banking regulation.
Risk-waiting
FT Alphaville —
... , we have this from Dash Riprock, the ex-CDO-underwriter and guest-blogger at Option ARMageddon , with perhaps the best name in the credit markets. Riprock is using the following example to explain how Tier 1 capital — specifically the risk-adjusted side — works. Say you are a 5-year-old girl an investor called Cindy. You have $100,000. You, in your 5-year-old impulsiveness investment wisdom decide you want to run at a leverage similar to ...
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