tag:blogger.com,1999:blog-4815867514277794362.post1837658888636502792..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Who lied to who and who told who whatJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4815867514277794362.post-80114067673059229962008-10-01T03:20:00.000+10:002008-10-01T03:20:00.000+10:00Sorry, John must disagree. Thus far SB is outperf...Sorry, John must disagree. Thus far SB is outperforming her peers. She got ahead of the curve and disposed of a mess quickly. If you want to be long banks in this enviroment take your rip/reward evenly. Re OTS, you are showing me nothing. That's akin to DEA v FBI, 2 conversations that have limited relivance to each other. desperate times, desperate measure; property rights in the US limited as they are (see Kelo) have been suspended for months. Paulson setting the 2$ BSC bid etc. In that light you were long calls, not equity. and they wiped you out. Same game playing out in FITb, SOV, NCC, to a lesser extent in STT. Play at your own risk it is a fast market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-84392797289818135222008-10-01T00:34:00.000+10:002008-10-01T00:34:00.000+10:00I am guessing that what caused the confiscation of...I am guessing that what caused the confiscation of WaMu was just the perceived threat to depositors. Judging from this intervention and the ones in Europe, authorities are putting depositors` interests above everything else. In the case of WaMu, it is possible that depositors would have been made whole even after bankruptcy, but not without causing some serious panics and runs-on-the-bank across the country.<BR/> You think that they should focus on the lenders instead and you make good points. Choosing depositors over lenders, is beneficial for the banks that are well capitalized now, but perhaps a death sentence to the others. I don´t know if this a strategy or they are just improvising.<BR/>Anyway, my point is that perhaps you are underestimating the importance of depositors in this whole mess. I say it humbly,I am no expert.elartistamadridistahttps://www.blogger.com/profile/13700628721348517769noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-63172703483799086572008-09-30T18:27:00.000+10:002008-09-30T18:27:00.000+10:00JohnAgreed. And.......another instance of: Crony...John<BR/><BR/>Agreed. And...<BR/><BR/>....another instance of: Crony Capitalism.<BR/><BR/>CharlesCrocodileChuckhttps://www.blogger.com/profile/10762442097044797842noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-7675598554725204222008-09-30T18:08:00.000+10:002008-09-30T18:08:00.000+10:00No kidding man,Asian and European stock markets ar...No kidding man,<BR/>Asian and European stock markets are rallying hard on rumors of a 50bp emergency Fed rate cut.Anonymousnoreply@blogger.com