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POPSTAKING THE BULLS HORNS & THEN MAKING IT PAY THREW THE TAIL ! COLD BUSTED ! when it come to bull I definitely spot it ,plus throw enough of it around ! Good brown eye catch Mr. Cuomo, We should all chip in and give him a free pass to have a hooker come up & stay awhile,in my case he's going to have to use one of those $20.00 "HO's" !
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POPSGoldman Cuts View On 5 Top U.S. Investment Banks Tanona recommends a trade in which investors buy Morgan Stanley shares and sell Citigroup shares short. He says Morgan Stanley is one of the brokers best positioned for a market turnaround, while Citigroup will remain heavily exposed to mortgages and consumer credit issues.
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POPSSurge for the Dollar Despite Global Fears The dollar surged to a two-year high against the pound and a six-month peak against the euro on Friday, as fears about spreading economic gloom triggered a sell-off in commodities. Against sterling, the US currency notched up its 11th consecutive day of gains – its longest uninterrupted rise in more than 35 years – as markets became increasingly convinced that the US was best-placed to weather the global downturn. The Reuters-Jefferies CRB index, a benchmark for commodities, fell more than 2.5 per cent to its lowest level since late March. The index has fallen almost 20 per cent since an all-time high in July, but is still 22 per cent higher than a year ago.
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POPSTop Contributors to Barack Obama Goldman Sachs and Morgan Stanley are the biggest players in the Oil Futures market price manipulation also notice UBS of Germany who started the Sub Prime crisis... Oh yeah Real Change we can believe in you betchya..!
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POPSPaulson Was Against Cumbersome Regulations
Now he's trying to defuse the crisis deregulation has caused... (excerpt) Today, (Paulson's) Goldman stands alone as the only bank that has yet to take huge write-downs in the credit crisis. However, IT was an INTEGRAL PART OF A MONEY-HUNGRY WALL ST. CULTURE that helped build, oil and maintain the securitization and SPIN-OFFS, underlying the current mortgage-fueled problems. The financial crisis has swirled around the White House in more violent waves. But each sign of economic trouble brought assurances from regulators, Mr. Paulson and others in the Bush adm. that the housing sector was experiencing a “CORRECTION” or a “REPRICING OF RISK” (ROVE-NEWSPEAK) that would work its way through the system without throwing the economy into a steep downturn. Each assurance soon ran aground as more bad economic news poured in. (MOTHER OF ALL SELF-RIGHTEOUS QUOTES) "the real problem facing Wall Street was a welter of cumbersome regulations" - Henry Paulson (Yew recon HE LEARNED SOMEthang)
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POPSThe Goldman Sachs Foundation THE GOLDMAN SACHS FOUNDATION (formerly Goldman Sachs Fund) 85 Broad St., 22nd Fl. New York, NY 10004-2434 Telephone: (212) 902-5402 Contact: Eileen M. Scott, Treas. and C.F.O. Fax: (212) 888-9482 URL: www.gs.com/foundation
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POPSCDOs Rise From The Dead These reinvented CDOs are supposed to be less risky...we'll see. Fool me once, shame on you. Fool me twice, shame on me.
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POPSClipHistory: Oil price prediction (July 2005) One of the first clips from egoldstein with two predictions on the future price of oil from July of 2005. Oil was just around $60 a barrel. Ah the good old days. An interesting clip back then and today!
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POPS Banks Hoard Oil In Storage Tanks Morgan Stanley and Deutsche bank recently bought the rights to 36m barrels of oil between 2007 and 2010 direct from a North Sea oilfield. Source: Speculators hijack oil market http://business.timesonline.co.uk/tol/business/article481363.ece Here's the FYI on oil hoarding by banks during the last contango: Storing oil became big business. Tank owners and companies that leased storage, including Wall Street giants such as Morgan Stanley, turned sizeable profits simply by sitting on tanks of oil. They would buy oil for immediate delivery and stick it in their storage tanks, then sell contracts for future delivery at a higher price. When delivery dates neared, they closed out existing contracts and sold new ones for future delivery of the same oil. The oil never budged. The maneuver was known as the oil-storage trade.
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POPSThe Oracle of $200 Oil Goldman Sachs made headlines with his prediction of oil as high as $200 a barrel. What does this mean? $6 a gallon at the pump. Is this rapidly becoming a self-fulfilling prophecy? The somewhat breathless coverage here reminds me of an old parable from the 90s. An analyst named Henry Blodget predicted in 1998 that Amazon.com stock would hit $400 (when it was currently trading at $250ish). In a frenzy, Amazon hit it within a month. Of course, it went on to collapse spectacularly in 2000. A decade later, Amazon's never returned to trading at that level...
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POPSOne Big Dark Pool To Rule Them All Public stock exchanges could lose business as a result. Dark pools now account for 10% of equities trading in the U.S., and 20% of all trades in NYSE-listed stocks.
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POPSCrude oil climbs to fresh record high The price of a barrel of crude oil has reached another record high in both London and New York. US light crude added 16 cents to settle at $123.69 in New York trading, but in after-hours trade hit $124.61 a barrel. Meanwhile in London, Brent crude settled 52 cents up at $122.84 a barrel, a settlement record.
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POPS Analyst Warns of $200/Barrel Oil* *One barrel of crude oil is 42 gallons (or $4.76 per gallon) In the Cato-at-Liberty blog post "Is There an Oil Price Bubble?" Cato senior fellow Jerry Taylor writes: "The most recent Fed actions to combat the deteriorating state of the macroeconomy added even more fuel to the oil price fire. With market actors increasingly convinced that the Fed is willing to entertain inflation in the course of injecting liquidity into the market, investors are looking for investments to hedge against inflation. And what do you know? Returns on commodities have historically been better during inflationary periods than during non-inflationary periods. Ben Bernanke thus sent another strong infusion of cash into commodity futures -- again, largely into oil and gas futures.
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POPSOil Prices Per Barrel To Rise Above $200 I've been hearing the the rise in the price of oil per barrel is not letting up. Talks about a spike this summer (which is when it usually starts to rise) has people looking for ways to reduce driving.