UBS said today morning, that they need no fresh capital … and this was seen positive
Sometimes I can’t believe it … Remember … the UBS capital increase was only weeks old
Then Goldman put out a study on European Banks … telling (at least part of) the truth.
They need more MONEY … up […]

Why does the market makes me smile?
Because it is falling? NOOOOO …
The reason is the difference about real reasons … and what the media tells us
Here comes the last example …
Last Thursday, markets were squeezing higher and totally ignored the bond insurer downgrades …
Since then … without being recognized in the media … […]

Usually this means TROUBLE …
I am really excited about the explanations, NOT to SELL financials …
Standard & Poor’s Rating Services
today lowered its financial strength ratings on Ambac Assurance Corp. and MBIA Insurance Corp. to ‘AA’ from ‘AAA’ and placed the ratings on CreditWatch with negative implications.
The ratings on the holding companies, Ambac Financial Group […]

Will we now face the “financial tsunami” Deutsche Bank’s CEO Ackermann was warning us about?
Or do the “betraying geniuses” have their work arounds ready?
The news:
Moody’s says it may cut Aaa ratings of Ambac, MBIA
And the market does not fall … not yet???
Usually, if Moody’s cuts, it will be the second “big” ratings agency to strip […]

Fitch and Moody’s had negative comments last week … now S&P puts Oil into the fire …
Be aware … tomorrow they will hold a conference call about the following press release …
I don’t think, we will see anything positive …
NEW YORK (Standard & Poor’s) June 2, 2008–At the conclusion of its review of […]

Watch out for next weeks action as we prepare for the JUNE FUTURE EXPIRATION …
Over the last days, markets seem to be rising again … against all news one finds
Today’s masterpiece … and nobody noticed it …
According to Bloomberg news, Moody’s has a new ratings unit !!!
An analytical team which operates separately(!!!) […]

Bondinsurers … the neverending story … we all seem to know the outcome
Here 2 things from today … trying to tip the scale … whatever Mr Paulson and Mr Bernanke will say
1. Moody’s Cuts CIFG Ratings to Junk …
reflecting the “high likelihood” that it will fall below minimum capital requirements in […]

Unfortunately, I encounter since yesterday major electricity and internet outages
Hope to be back up soon … thanks for bearing with me!
Today’s news … ALL negative …
- BoE sees inflation for several(!) quarters above target … risk for LOWER growth … recession possible.
- Moody’s again looking at bond insurers … BE AWARE!!!
- US foreclosures […]