Comments on: How Banks Cut Stress Test Cap Requirements in Half

By: » Blog Archive » Stocks Hit Resistance; Gold Bullish as Dollar Falls

» Blog Archive » Stocks Hit Resistance; Gold Bullish as Dollar Falls — Tue, 12 May 2009 03:59:22 +0000

[...] can actually start getting back to focusing on the market. Before we get into the charts, however, The Big Picture has a great article on how banks cut the requirements for the stress tests in half, meaning that at [...]

By: Bank Stress Test Results | Weakonomi¢s

Bank Stress Test Results | Weakonomi¢s — Mon, 11 May 2009 14:03:38 +0000

[...] Family Guy. The intellectual utility of either action is comparable. Yes I’m looking at you, Barry. The important thing here is the psychology of the results. Despite many banks needing to raise new [...]

By: „Banken haben die Stresstests verwässert“ bei ecolot - Wirtschaft erlesen

„Banken haben die Stresstests verwässert“ bei ecolot - Wirtschaft erlesen — Mon, 11 May 2009 13:42:46 +0000

[...] schimpft Barry Ritholtz, CEO der amerikanischen Rating-Plattform Fusion IQ, in seinem Blog. „Die Tests waren nicht sehr stressig und basierten auf Maßstäben, die generös gefasst waren. [...]

By: The Curmudgeon

The Curmudgeon — Sun, 10 May 2009 22:51:17 +0000

thanks ahab…

and no CN…that was not a typo

By: call me ahab

call me ahab — Sat, 09 May 2009 22:35:28 +0000

Curmudgeon-

good post

By: constantnormal

constantnormal — Sat, 09 May 2009 19:42:57 +0000

@ Curmudgeon — “Godman Sachs” — typo or insight?

By: The Curmudgeon

The Curmudgeon — Sat, 09 May 2009 19:15:08 +0000

If I were King, I’d do what Kings are for–provide protection to the inhabitants of the kingdom–extracting a fee (tax) for it, and leave the broken bankers, car companies and homeowners to work it out for themselves through the legal infrastructure I set up just for that purpose. That would mean homeowners would be released from the peonage of “owning” a home they can’t afford, either through foreclosure or bankruptcy; bank shareholders would get wiped out and bondholders would get the detritus; likewise auto company shareholders, bond holders and the UAW. Nothing more or less than what would or should have been expected at the initiation of these endeavors. That was the regime under which these risks were taken. That’s how the losses should be resolved.

So long as I maintain a monopoly on the exercise of violence, nobody gets hurt, except in the pocketbook.

Which causes one to pause and ponder: Did Godman Sachs buy some nuclear submarines and aircraft carriers or something? If they didn’t, then why are they running the country?

By: Cursive

Cursive — Sat, 09 May 2009 19:07:47 +0000

@DL 2:20 / ahab 2:30

I am your liege.

By: Cursive

Cursive — Sat, 09 May 2009 19:03:19 +0000

@ahab 2:08

Re:ammo Given your admitted violent nature, I applaud what I take to be a Northeasternly bit of social self-restraint. I live in the South. We accept that most of our resident violent types, be they white supremacists, gang-bangers or various other misanthropes, either a.) already have a gun or b.) have ready access to a gun or guns. Therefore, most Southerners and Texans are apt to have prepared for our own self-defense.

@DL 2:26

Is that a tone of self-defeatism? Should we give up this easily? Do you know/remember the scene from “Network” where Beatrice Straight forcefully and passionately informs William Holden that she’s not going to accept his infideility and that she’s going to fight for him? Why are we giving up? This is still the greatest country and we are all honored to be born on these soverign shores. I’m not giving up. I hope I have plenty of company.

By: call me ahab

call me ahab — Sat, 09 May 2009 18:30:45 +0000

DL Says:

“Now if I were king, I would wipe out the bondholders of the banks before putting one dime of taxpayer money into them.”

alright- I’m behind you- I want to be at minimum a knight- or possibly a Baron- or even better a- Viscount or Marquess