EXACTLY as market tests the low … WSJ lights up this headline … GOVT. asks Goldman and JPMorgan to lead 70-75 bln$ lending facility for AIG … Hank did it AGAIN … OMG And tommorow the “surprise cut” ?
If (!!!) you wondered, what made the market come back a bit today … what made bonds coming off … what made Fannie Mae and Freddie Mac tank towards the end … Here is the explanation … coming in an article of the WSJ , the mother of all insiders Monster manipulation … sizewise … [...]
WSJ has an article today, highlighting the not effective hedges of the financial industry due to use of uneffective hedging instruments as the ABX Indices. Lehman is said to be the biggest victim … up to 2bln$ losses on bad hedges … Another shoe to drop … All these big-headed investment bankers need to go [...]
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