with Oli | Strategies


Archive for November 18th, 2008

The Hedge Fund Riddle …

Dienstag, November 18th, 2008

The hedge fund industry is beaten down, locking in horror performances and running away from equities … so … What will happen now??? First some quotes out of a Bloomberg article … to get a feeling, how bad it is – Hedge-fund manager David Tepper entered the third quarter with $3.1 billion of U.S. stocks [...]

Citibank … cutting jobs is not enough

Dienstag, November 18th, 2008

Citibank still thinks, it can make things turn around by cutting jobs and slash costs … They might be EXTREMELY WRONG!!! They have to DELEVERAGE!!! WSJ today has some figures, which should make you scared!!! – Tangible assets, which don’t include goodwill or intangibles, are 55 times the bank’s tangible equity. J.P. Morgan Chase, by [...]