If there's a downgrade, it's done. bond-insurers cannot do business if they aren't rated AAA.
God knows there's nothing to steal. But your story (and existence here) poses its own problem. Why do you care. We don't know who you are. We...
Give it up. I did in the last thread. This jerry fella likes to attack anyone who points out the stupidity and inconsistencies of his statement by...
Well... either you know someone who will stake you because that person knows you and trust you, or you need to be a part of the institutional...
I don't think any of those things were listed are right in any non-trivial sense - or at least taken to an absurd extreme. At the end of the day,...
I flip through that magazine for the articles on watches and scotch. Can't really recall who the "traders" they feature are. But to the point,...
Haha. No. The the floor has all the market makers, sales traders, sales coverages, credit analysts, risk analysts, etc. There are no day traders....
If I understand this, you are trying to buy $16MM bonds on a levered basis and then post the bonds as collateral against credit? I think there are...
How very presumptious of you. They were proof-of-concept forecasting projects, in finance, custom built apps designed to see whether any of this...
I'm going to call bullsh*t on you. I've worked on projects relating to almost all the keywords you've used, and they don't fit together the way...
virtually impossible
I'm not sure I understand your logic here. If, tomorrow, civilization effectively ends for whatever reason, why would you (who, let's say, has the...
I'll chime in then. I trade CDS and non-mortgage-related CDOs (so I must be the devil so long as the board is concerned). Financials are at...
Calm down nut jobs - the LIBOR rate people usually talk about in the context of subprime lending is the US Dollar LIBOR rate. It's the average...
I do. I trade CDS for an institutional portfolio. We hold longs and we hold shorts. Banks, as counterparties, tend to have fairly balanced...
Go for it. I've met enough people in this business who came from very humble backgrounds. Just don't expect there to be an easy way. My only point...
Why should you be entitled to make any money? People spend their careers, decades of learning, an unholy amount of time to either code...
"NO software or desk fees" - yeah - this is a glorified prop firm at best... no legit investment management firm would have that there. Look -...
How is this market neutral? You can't possible be beta-hedged unless MAC has very very high beta compared to the other names.
With no new series roll and the TABX market basically dead in the water, I'm curious to see how the ABX game ends. Get some nudges from time to...
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