They really did it … OMG Mark-to market is not anymore mark-to-market … So … now everything is possible … enjoy the time until reality comes back … – FASB’s new guidance allows banks and their auditors to use “significant judgment” when valuing the illiquid assets such as mortgage securities. For example, if companies have [...]

Sometimes it is really unbelievable, what is happening in today’s world. And sometimes it beats everything. First … I thought, my English was not good enough … then … I thought, my math was not advanced enough … But … as now some intelligent people found out EXACTLY the same, we have to put a [...]

U.S. … already bankrupt? CNBC video …

Have a look here … if this does not motivate, what will? From Wall St. to Pizza Boy

Big March expiration over … was positive as many had to cover Bank bailout details out … greeted positively, what ever the reason … U.S. markets jumped up a total of more than 20% … anybody telling me, it is a bull market? Some banks and insurance companies doubled or even tripled from the low [...]

Ben Bernanke does everything to anchor himself in the history books. He and his funny irresponsible friends made it official today. Helicopters will start dropping money senseless NOW. Just over 1 TRILLION $ (more) will be used to get inflation going to zimbabwedize the crisis. Print money until one crisis is solved by creating another [...]

Tomorrow on the OPEN of the US market, the VIX will expire … and this might be the key to understand the recent rallye. Or maybe better … the end of the recent rallye. During the strong downmove into march, most investors were stunned, that the VIX (the measure of volatility) did not spike at [...]

Stupidity still rules … here comes why … – AIG … AIG’s CEO justified bonus payments by telling that otherwise “top talent” would leave the company … RIDICULOUS! – CNBC … All day talking heads were emphasizing the 5th(!) straight up session … then market closed down … what do they do? They find it [...]