Recent content by Eddie

It's always sad to hear someone's passed away, It's particular sad to hear someone you know passed away, someone who's rich in knowledge and with a vibrant character. I can't describe my sorrow when hearing this bad news ...

Haha, I guess it all depends where and who you heard it from... ... and also, was? that someone trying to portray the trunk of an elephant or the ear of an elephant to you? Or maybe the someone only touched part of the elephant while he was blindfolded... ...If you're a type living your life by...

Sometimes it's really ironic for me to see the "hedge" funds touting their returns, like 10% for the past 5 years, now 60% wiped out; i think Plumber Joe probably can do better at Atlantic city in terms of annualized return , hahaha, oh wait, wait, from a bench mark perspective, like comparing...

hi muting, what's your usual email? i wrote you in gmail, do you have some other accounts?

Of course, it counts as a thanksgivning dinner.

Thanks to Bob's fresh politish perspective again. I think Big Ben is better off going back to Princeton and write his books instead of being caught in the cross-fire of a political tussle; he didn't help out much anyway in yesterday's testmony where Hank took all the heat and questions while...

Yeah, I think Bear and Lehman's demise was due to their own wrongs, was immenent...

Not so much so of the CDS on their books, more to do with how they're rated by SP and hence the perceived capital requirement and their ability to raise capital.

Surely not, White house might have a say in Iraq, but probably not over say China, Russia, Japan, Korea... anyway, everything were pulled back over night, major, major, with halt on short selling and central banks rescue, let's see if we can have a cat jump today.

Just watched cnbc interview one of SP guy, shocking, since when they incorporate the stock price in credit rating of the company!!! WoW, that's novel, just like the vicious circle alain potrayed, with these kind of rating methodology, you can fabricate a downward spiral once things started...

I actually like what's happening right now, though pretty painful, but a good thorough ( at least i hope it's thorough) cleasing process - deleveraging... ...back to your core business folks... So the big hedge funds like Bears and Lehman are gone, s o r r y , I mean investment banks; AIG is...

Is that what Mack said, :)

After SEC's emergency halt on short-selling... MS down 38% , GS down 21% , wow wow wow... WA = Wachovia, Wamu = WM = dead cat, (sorry, i like the notion of dead cat) MS + WA is just my own "idea" , sorry... ... I think Mark is racing with time now.

According to Ben, IB with wholesale banking biz model aint gonna work; I think Mark is acting smart not waiting, not like Mr. Dick , MS with WA , that looks a viable combo.

I think we should move the discussion focus to MS ang GS now... ...