Comments on: Doug Kass’ Possible Improbables

By: doug kass

doug kass — Fri, 24 Apr 2009 01:24:56 +0000

[...] [3] Doug Kass | RealMoney Silver Contributor | Articles About Financial … [4] doug kass [5] Doug Kass‘ Possible Improbables | The Big Picture [6] A Dash of Insight: Doug Kass, the Consumer, and my investor, Mark [7] Warren Buffett’s [...]

By: DL

DL — Mon, 05 Jan 2009 06:16:53 +0000

Dr. Kenneth Noisewater @ 2:08

“Eminent domain, emergency powers, revelation of nullifiable malfeasance, declaration of recession/ depression as a general force majeure event…”

I don’t think the courts would go along with that, nor do I think they should. It would amount to an unreasonable seizure of property, it seems to me.

Regulating CDS’s like the insurance contracts that they are would seem to be a better way to go. (Bankruptcy for those who can’t meet their financial obligations is another option).

By: Pat G.

Pat G. — Mon, 05 Jan 2009 01:16:53 +0000

11 should include; our Federal government.

By: bubba

bubba — Sun, 04 Jan 2009 22:13:37 +0000

I’m with SB…the list is useless, not even any entertainment value. Let’s take a look at some of his 2008 calls:

1. any fool could have “predicted” this.
2. see 1
2. see 1, and he was off by 30%

7 and 8 — oops

if you had bet on each one of his 2008 calls, you would’ve ended up a net loser…

By: Che Stadium

Che Stadium — Sun, 04 Jan 2009 20:20:00 +0000

President Obama signs into law a reduction in tax rates on capital gains.

My exact same prediction about Clinton in 1992 evoked vehement disagreement from some staunch Democrats I knew.

By: Dr. Kenneth Noisewater

Dr. Kenneth Noisewater — Sun, 04 Jan 2009 19:08:33 +0000

As a legal matter, how does one do this outside of bankruptcy?

Eminent domain, emergency powers, revelation of nullifiable malfeasance, declaration of recession/depression as a general force majeure event, or some combination of the above…

Where there’s a will, there’s undoubtedly a way…

By: Steve Barry

Steve Barry — Sun, 04 Jan 2009 17:54:04 +0000

Doug:

I would suggest cutting this down to 10 and livening it up…the only ones that mildly interest me as being off the beaten track are 1 and 17. The rest are about as interesting as a buttered bagel.

By: DL

DL — Sun, 04 Jan 2009 17:34:23 +0000

K. Noisewater @ 11:56
“…all CDS contracts not directly involving the buyer or seller will be nullified, if not all unregulated CDS contracts outright”

As a legal matter, how does one do this outside of bankruptcy?

Almost everyone agrees, however, that there should be some effort towards increasing transparency. Moreover, attempts will be made to regulate CDS contracts like insurance products.

By: eren

eren — Sun, 04 Jan 2009 17:33:40 +0000

not interested after Doug’s “buy financials” in jan 2008 )

http://www.thestreet.com/s/kass-katch-buy-the-financials-yes-buy/newsanalysis/investing/10398482.html

By: DL

DL — Sun, 04 Jan 2009 17:23:17 +0000

My $.02:

It is completely outside the realm of possibility that #13 will not occur.

The majority believes that #6, 9 & 11 will occur.

Prediction #4 is not meaningful as written; many are expecting Q3 and Q4 to be positive.

Prediction #12 is not particularly meaningful; there is 0% chance of a chapter 11 bankruptcy in 2009.

It seems unlikely to me that #6 will occur but not #7