Tbond-tbills-tBUND-ti amo MARJA (VM 10 anni in borsa)

[Metatarso]

e i cds di lehman?
Metatarso cosa si dice?

sorry oggi sono un po' assente, ma vedendo gli indici, mi sembra che non si sappia nulla... ma vai tranquillo, noi sapremo le cose per ultimi

sulle news non ci sono novità, a parte giustificare il movimento del merddollaro come bisogno di dollari...
http://news.google.com/news?scoring=n&q=cds+lehman

 

[PILU]

sorry oggi sono un po' assente, ma vedendo gli indici, mi sembra che non si sappia nulla... ma vai tranquillo, noi sapremo le cose per ultimi

sulle news non ci sono novità, a parte giustificare il movimento del merddollaro come bisogno di dollari...
http://news.google.com/news?scoring=n&q=cds+lehman

a proposito di merd dollaro ...

ormai i bimbi li usano per fare gli aereoplanini ...

(ANSA) - ROMA, 21 OTT - Sarà JP Morgan a costituire cinque veicoli attraverso cui riacquistare sul mercato monetario gli asset che i fondi comuni, pressati da un fiume di riscatti, non riescono a vendere. Lo scrive la Bloomberg, riferendosi al 'Money Market Investor Funding Facility', il programma di riacquisto di commercial paper, depositi e altri titoli liquidi lanciato oggi dalla Federal Reserve, che fornirà fino a 540 miliardi di dollari per liberare i fondi monetari. Nel complesso - scrive l'agenzia americana citando alcuni funzionari della Fed - JP Morgan riacquisterà fino a 600 miliardi di dollari di titoli in pancia ai fondi comuni, che da agosto hanno ricevuto richieste di riscatto per ben 50 miliardi di dollari da parte dei loro investitori. La Fed annuncerà la data d'inizio del programma di riacquisto entro la fine di questa settimana. (ANSA).

Per me non ce la fanno ... alla fine gli scoppia tutto in faccia ...

 

[Metatarso]

a proposito di merd dollaro ...

ormai i bimbi li usano per fare gli aereoplanini ...

(ANSA) - ROMA, 21 OTT - Sarà JP Morgan a costituire cinque veicoli attraverso cui riacquistare sul mercato monetario gli asset che i fondi comuni, pressati da un fiume di riscatti, non riescono a vendere. Lo scrive la Bloomberg, riferendosi al 'Money Market Investor Funding Facility', il programma di riacquisto di commercial paper, depositi e altri titoli liquidi lanciato oggi dalla Federal Reserve, che fornirà fino a 540 miliardi di dollari per liberare i fondi monetari. Nel complesso - scrive l'agenzia americana citando alcuni funzionari della Fed - JP Morgan riacquisterà fino a 600 miliardi di dollari di titoli in pancia ai fondi comuni, che da agosto hanno ricevuto richieste di riscatto per ben 50 miliardi di dollari da parte dei loro investitori. La Fed annuncerà la data d'inizio del programma di riacquisto entro la fine di questa settimana. (ANSA).

Per me non ce la fanno ... alla fine gli scoppia tutto in faccia ...

tranquillo, JPM è il banchiere highlander...
i casi sono 2: quei 600 miliardi o li stampa la FED (cioè JPM stessa ) oppure vengono dai settlement dei CDS, di cui JPM si sarà riempita per bene, prima di far fallire Lehman

 

[PILU]

tranquillo, JPM è il banchiere highlander...
i casi sono 2: quei 600 miliardi o li stampa la FED (cioè JPM stessa ) oppure vengono dai settlement dei CDS, di cui JPM si sarà riempita per bene, prima di far fallire Lehman

metatarso tranquillo che ormai siamo all'ultimo stadio ... si arriverà alle elezioni usa e poi si resetta tutto ... non so che decisioni prenderanno, ma qs fase è ormai morta finita ... tutta la montagna di carta non esisterà più e si dovra vivere con i piedi per terra, meno benefits, ma più sostanza ...

guardate sto deficente cosa dice ... come se la sua banca fosse un gioiello ... e magari tra qualche giorno a da mamma bce a farsi resuscitare ....


(ANSA) - PARIGI, 21 OTT - Il Credit Agricole ha l'ambizione e i mezzi di partecipare al 'match di consolidamento bancario europeo''. Lo ha dichiarato il presidente della federazione nazionale del Credit Agricole (FNCA), Jean-Marie Sander sottolineando come "alcune banche che si credeva fossero forti sono obbligate a raggrupparsi". "Il paesaggio bancario sta cambiando rapidamente" ha aggiunto nel suo intervento di chiusura del congresso della federazione. La federazione rappresenta 39 casse regionali presso il Credit Agricole SA (CASA), la holding quotata in borsa della banca mutualista.(ANSA).

un altro da mettere nella famosa lista ...

 

[gastronomo]

Argentine Bonds, Stocks Plunge on Pension Takeover Speculation

By Drew Benson and Bill Faries
Oct. 21 (Bloomberg) -- Argentine bonds plunged, sending benchmark dollar yields over 24 percent, and stocks sank to a four-year low on speculation the government will nationalize pension funds in a bid to attain financing and stave off a second default this decade.
President Cristina Fernandez de Kirchner will unveil a new pension fund plan at 4 p.m. New York time today, the country's social security administration said in a statement. Fernandez will nationalize the system, giving the government control of $29 billion in retirement accounts, La Nacion reported, citing government officials it didn't identify.
Fernandez has struggled to raise cash to cover growing financing needs as the global financial crisis drives down prices on the country's commodity exports and erodes demand for higher- yielding, developing-nation debt. The government's borrowing needs will climb to $11.2 billion next year from $6.6 billion in 2007, Credit Suisse Group said in an Oct. 8 report.
``The government is explicitly saying that it has problems meeting debt maturities and this is a last ditch measure to do so,'' said Javier Salvucci, an analyst with Buenos Aires-based Silver Cloud Advisors.
Yields on the government's 8.28 percent bonds due in 2033 surged 4.35 percentage points to 24.77 percent, the highest since the country issued the debt in a 2005 restructuring, according to JPMorgan Chase & Co. The bond's price sank 7.91 cents to 29 cents on the dollar, leaving it just cents above the price on defaulted securities that investors held out of the 2005 renegotiation.
$95 Billion Debt Default
Argentina's benchmark Merval stock index tumbled 8.5 percent to 1076.25 at 10:49 a.m. New York time, following a 3.3 percent slide yesterday. The index is down 33 percent this month.
The South American country hasn't had access to international capital markets since it defaulted on $95 billion of bonds in 2001. Holders of some $20 billion of those bonds rejected the government's 2005 payout of 30 cents on the dollar, the harshest sovereign restructuring since World War II.
The social security administration didn't provide details on today's announcement. The press offices at the presidential palace and the pension fund regulator declined to comment when contacted by Bloomberg News.
``This is negative, very negative, for the markets,'' said Mariano Tavelli, a portfolio manager at Tavelli & Compania in Buenos Aires. ``It's going to cause a sharp drop in confidence in the country and this government.''
Bond Insurance Swells
Nestor Kirchner, Fernandez's husband and predecessor, began tightening restrictions on private pension funds last year, requiring them to keep more investments in the country as part of an effort to sustain a five-year-old economic expansion. Kirchner also allowed people the opportunity to move their money from the privately run funds that offered individual accounts to a government-managed fund that promised a set pension.
Argentina created the private accounts in 1994 with the aim of gradually phasing out the government-run system. Government takeover of the accounts would probably require congressional approval, analysts said.
Argentina's private pension fund administrators, known as AFJPs, managed 94.4 billion pesos ($29.3 billion) in savings at the end of September. About 55 percent of the investments are in government debt, according to information on the Web site of the pension fund regulator.
The cost of protecting Argentina's bonds against default soared. Five-year credit-default swaps based on Argentina's debt jumped 1.57 percentage points to 31.18 percentage points, according to Bloomberg data. Credit-default swaps, contracts to protect against or speculate on default, pay the buyer face value should a borrower fail to adhere to its debt agreements.
That price means it costs $3.118 million to protect $10 million of the country's debt from default. In September 2006, it cost just $244,000 as record exports of wheat, soybeans and corn fueled economic growth and swelled government coffers.
To contact the reporters on this story: Drew Benson in Buenos Aires at [email protected]Bill Faries in Buenos Aires [email protected];
Last Updated: October 21, 2008 10:55 EDT

 

[gastronomo]

Kerkorian Cuts Ford Stake, May Exit as $1 Billion Bet Collapses

By Bill Koenig
Oct. 21 (Bloomberg) -- Billionaire Kirk Kerkorian may sell his Ford Motor Co. stake after the $1 billion holding lost two- thirds of its value and put his firm's casino investments at risk.
Kerkorian's Tracinda Corp. sold 7.3 million Ford shares yesterday for an average of $2.43 each and said it contacted an investment bank about unloading the rest. Tracinda's remaining 133.5 million shares were valued at $311.1 million based on yesterday's closing price.
Kerkorian, 91, acted 5 days after Ford's collapsing stock price forced him to pledge another 50 million shares of his MGM Mirage casino company to support the $600 million credit line used to buy stock in the second-largest U.S. automaker. Tracinda paid as much as $8.50.
``It was an investment that made no sense,'' said Maryann Keller, an independent auto analyst and consultant in Greenwich, Connecticut. ``He's pulling in his horns and concentrating on areas he knows best.''
Tracinda ``intends to further reduce its holdings'' in Ford to concentrate on gambling, hotels and energy, according to the filing, which didn't give specifics.
Winnie Lerner, an outside spokeswoman for Tracinda with Abernathy MacGregor Group, declined comment about any companies in which Tracinda may invest. Tracinda is the majority owner of Las Vegas-based MGM Mirage, the world's second-largest casino company, and holds a 35 percent stake in Denver-based Delta Petroleum Corp., according to Bloomberg data.
Ford's Response
``We're going to stay focused on our turnaround plan,'' Mark Truby, a spokesman for Dearborn, Michigan-based Ford, said in an interview. ``Any questions about Tracinda's investment should be directed to Tracinda.''
Ford fell 6 cents to $2.27 at 10:36 a.m. in New York Stock Exchange composite trading, pushing their slide over the past year to 73 percent. MGM Mirage rose $1.46, or 11 percent, to $15.29. The shares dropped 84 percent this year before today.
Kerkorian disclosed in late April he had acquired 100 million shares of Ford, and said June 19 he had boosted his stake to 140.8 million shares, or 6.43 percent. He expressed support for Chief Executive Officer Alan Mulally's efforts to revamp the automaker after $23.9 billion in losses since 2005.
Under Mulally, Ford is cutting jobs and closing plants in North America, the region that's the main reason for the automaker's deficits. Ford also is developing new car and crossover wagon models to lessen its dependence on trucks. The company also is retooling three North American plants to produce small cars.
Still, industry sales have been plummeting this year, and less than a month after Kerkorian unveiled his investment Ford announced it was abandoning a goal for returning to profit in 2009. Ford hasn't set a new target and also has said its rate of cash consumption is increasing, without releasing an estimate.
More Collateral
Tracinda's pledge of additional MGM Mirage shares last week pushed the total collateral to 100 million shares for the credit line with Bank of America Corp. used to buy the Ford stock.
Kerkorian, ranked 27th on Forbes magazine's list of the richest people in the U.S., with a net worth of $11.2 billion, had made several forays into the auto industry before his Ford venture.
In 1995, he led a hostile takeover bid for the former Chrysler Corp. and won a board seat in exchange for calling off his attack. Later, he unsuccessfully sued the new DaimlerChrysler, accusing it of misleading investors about Daimler-Benz AG's 1998 purchase of the U.S. automaker.
DaimlerChrysler lawyers estimated in 2003 that Kerkorian eventually made $2.7 billion on his Chrysler investment.
After taking what he initially said was a passive position in General Motors Corp. in 2005, Kerkorian gained a board seat for his adviser, Jerry York, and tried to force the world's largest automaker to merge with Renault SA and Nissan Motor Corp. Rebuffed, Kerkorian dumped his investment with an estimated $106 million profit in 2006.
Last year, he was among unsuccessful bidders to buy Chrysler from Daimler AG.
To contact the reporter on this story: Bill Koenig in Southfield, Michigan, at [email protected]
Last Updated: October 21, 2008 10:41 EDT

 

[gastronomo]

Copper Tumbles Below $2 a Pound to Lowest Since December 2005

By Millie Munshi
Oct. 21 (Bloomberg) -- Copper tumbled below $2 a pound for the first time since December 2005 on speculation that the world economy is headed for a recession that will reduce demand for metals.
China, the biggest contributor to global growth, expanded at the slowest pace in five years in the third quarter, a report showed yesterday. U.S. lawmakers and officials moved toward forging a second fiscal-stimulus package to stem the economic decline. Before today, copper dropped 30 percent this year as consumption slumped.
``It's very significant to see copper come under $2,'' said Ron Goodis, a futures-trading director at Equidex Brokerage Group Inc. in Closter, New Jersey. ``People are wondering, `How did it fall so far so fast?' It's easy. With this economy, it doesn't matter what the price is. People don't want copper.''
Copper futures for December delivery fell 8.4 cents, or 4 percent, to $2.0325 a pound at 11:04 a.m. on the Comex division of the New York Mercantile Exchange. Earlier, the price touched $1.992, the lowest for a most-active contract since Dec. 21, 2005. The metal rose to a record $4.2605 on May 5.
``Economic conditions have weakened dramatically in recent weeks, and there is significant uncertainty about the near-term price outlook,'' Freeport-McMoRan Copper & Gold Inc., the world's biggest publicly traded copper miner, said today in a statement.
Freeport said third-quarter profit dropped 33 percent. The shares fell as much as 9.6 percent and are down 67 percent this year.
Worst Year Since 1989
Copper is heading for its biggest annual slide since 1989, the year the data begins, when the price fell 31 percent. The metal last had an annual decline in 2001, when the price fell 23 percent as a U.S. recession curbed manufacturing.
Economists including Alan Greenspan, the former Federal Reserve chairman, monitor the metal as an economic barometer. Copper, used in homes, cars and appliances, had more than doubled in the past five years as demand surged in China, the worlds' fastest-growing major economy.
Chinese gross-domestic product rose 9 percent in the third quarter from a year earlier, the weakest quarter since 2003, the statistics bureau in Beijing said yesterday. The country is the world's biggest metals user.
Copper's slump ``is attributable to the fact that the global slowdown is now spreading to China,'' Edward Meir, an analyst at MF Global Ltd. in Darien, Connecticut, said in a report today.
`Striking, Unusual'
The metal's ``sharp'' drop has taken traders and producers by surprise, Goodis of Equidex said. Unexpected declines for energy and metals have hammered some investors. Ospraie Management LLC, once the world's largest hedge fund dedicated to natural resources, said in September the firm would close its largest pool following a 39 percent slump this year.
Freeport Chief Executive Officer Richard Adkerson said today that copper's slump has been ``striking'' and ``unusual.'' The company said it would delay some projects planned to increase production until market conditions improve.
On the London Metal Exchange, copper for delivery in three months dropped $230, or 4.9 percent, to $4,490 a metric ton ($2.04 a pound).
To contact the reporter on this story: Millie Munshi in New York at [email protected].
Last Updated: October 21, 2008 11:06 EDT

 

[quicksilver]

Kerkorian Cuts Ford Stake, May Exit as $1 Billion Bet Collapses

questo kerkorian è assurdo, era appena uscito da GM con le pive nel sacco dopo un investimento disastroso andato sempre peggio, dev'essere fissato che vuole una casa automobilistica ed era entrato in ford proprio in tempo per prendere in faccia un altra badilata...boh assurdo

 

[PILU]

il berlusca dice che unicredit non è la sola banca in italia ad aver bisogno di un aiuto --- chi può essere o possono essere le altre ?

 

[quicksilver]

il berlusca dice che unicredit non è la sola banca in italia ad aver bisogno di un aiuto --- chi può essere o possono essere le altre ?

chiudi gli occhi e tira una freccetta