Tag Archives: derivatives

Understanding Credit default swaps

In the first video clip toward the end you heard we the taxpayers were taking over approximately 14,000,000,000:00 Billion worth of Derivatives or (CDS) from Anglo Irish Bank  alone! (I personally believe that that figure to be near the 100,000,000:00 … Continue reading

Posted in X Anglo Irish Bank X Brian Cowen X Brian Lenihan X Fianna Fail X Green Party X Irish financial issues X Irish Politics X NAMA X CDS spreads X Warren Buffett X derivatives | Tagged , , , , , , , , , , , , , , | 1 Comment

18 months later!

Ireland’s leading academics recommend ‘Nationalising banks is the best option’ Date: 17 Apr 2009 The following commentary has been written by a group of Ireland’s leading academic economists, including faculty from UCD Smurfit School: John Cotter, associate professor of finance, Don Bredin, … Continue reading

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NAMA and its derivative trading

NAMA and its first Quarterly accounts  ACCOUNTS NAMA    PDF Doc   I have been warning for the last 18 months that the Banks were hiding losses in their derivative trades .I then showed that NAMA was also intending to deal in derivatives. I … Continue reading

Posted in derivative trades in NAMA, NAMA accounts | Tagged , ,

Derivatives ???

NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses. Profit rose for a … Continue reading

Posted in 1, derivatives, machholz blog, Warren Buffett, Berkshire Hathaway, Standard & Poor's 500, reuters.com | Tagged , , , , , , , ,

Wall St. Helped to Mask Debt Fuelling Europe’s Crisis

As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt from … Continue reading

Posted in 1, accounting gimmickry, Bank for International Settlements, derivatives, European Central Bank, European commissioners, Federal Reserve, Foreign bond holders, Greece X world markets X Goldman Sachs X Wall Street X Gary D. Cohn X Europe's monetary union X Europe's deficit X American International Group X JPMorgan Chase X Italy X Greek mythology X c, Ineternational Money Matters, institutional investors, International news, Moody's, Stock Market up- Date, Stock Markets, US president Obama, US Stock Market, US Treasury, Wall Street, Wall Street Journal | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Derivatives bubble

      Derivatives have grew into a massive bubble, some USD 1,144 Trillion by 2007. The new derivatives bubble was fuelled by five key economic and political trends: Sarbanes-Oxley increased corporate disclosures and government oversight Federal Reserve’s cheap money … Continue reading

Posted in accounting gimmickry, Basle Accord, Basle Banking Model, Commodities, derivatives, ETFs, Federal Reserve, Federal Reserve X subprime X commoditys X Oil X Berkshire X BIS X Bill Gross X Warren Buffett X Henry Paulson X Ben Bernanke X black market X Foreign exchange contracts X Listed credit derivatives X F, Foreign bond holders, G-20, global interest rate, Gold, Great Depression, Ineternational Money Matters, institutional investors, International news, Irish Financial News, J.P. Morgan, National Asset Management Agency, Quantitative Easing, Stock Market up- Date, Stock Markets, TARP Funds, Toxic Banks, US Congress, US Dollar, US Stock Market, US Treasury, Wells Fargo | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Russian-Roulette

  Let’s consider a well publicized recent sale of Russian gold bullion to itself: I noticed this article to-day by Rob Kirby And it is a very worrying development indeed! Russia sells gold to itself December 14, 2009 3:47pm by … Continue reading

Posted in accounting gimmickry, Bank for International Settlements, Bank of America, China, Commodities, derivatives, European Central Bank, European commissioners, Federal Reserve, financialsense, G-20, global interest rate, Gold, Ineternational Money Matters, institutional investors, International news, Irish Financial News, J.P. Morgan, junk bonds, Moody's, Quantitative Easing, Quarterly Market Brief & Stock Pick, Rob Kirby, Silver dollars, Stock Markets, suckers' rally, US Congress, US Dollar, US Stock Market, US Treasury, Wall Street, Wicklow Blog, X Russian-Roulette X Emma Saunders X The Russian central bank X gold X Gokhran X Alrosa X World Gold Council. X gold bullion X gold exchange-traded funds X GFMS Ltd X Philip Klapwijk X London Bullion | Tagged , , , , , , , , , , , , , , , , ,

The Elephant In The Room

More Pieces of the Puzzle  by Rob Kirby | August 4, 2009 This following article was an address by Rob Kirby at the Gold Anti-Trust Action Committee Inc., GATA Goes to Washington — Anybody Seen Our Gold?, at the Hyatt … Continue reading

Posted in derivatives, global interest rate, Great Depression, International news, J.P. Morgan | Tagged , , , ,