amerikajinda
Distinguished Member
- Joined
- Apr 18, 2006
- Messages
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Chinese stocks down more than 7 percent; trading halted for the day for the second time this week!
fml:foo:
fml:foo:
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If I was dealing with ~$180M, this is exactly what I would do. Except I'd probably take out a few million to trade for fun to give myself something to do. And in doing so I'd probably find myself right back here in GreenFrog's position lol.@ $9.4M I would pretty much call private banks and ask for total return swap and see what rate I can get. A 3% rate is good enough standard of living for a long long time. A 7-8% rate today means high counter party risks with that bank rofl.
BRK big or small is just one heart beat away from losing its Oracle of Omaha.
bought BAC yesterday.....and so it is down today
Will you just start announcing what you are buying on this forum a day in advance so we can all get our short positions lined up?
From BAC's presentation.bought BAC yesterday.....and so it is down today
From BAC's presentation.
Reservable criticized exposure increased $2.9B compared to 3Q15, driven by a $2.6B increase in Energy – Energy reservable criticized exposure was $4.7B at 4Q15; increased from 3Q15 due primarily to a downgrade of one large single-name credit supported by a sovereign