tag:blogger.com,1999:blog-1258979445050968882.post7961282038919779845..comments2023-11-26T06:55:42.401-05:00Comments on [ The Financial Ninja ]: The Other Bigger Shoe: The Rest of the WorldBen Bittrolffhttp://www.blogger.com/profile/12465978905157927856noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1258979445050968882.post-58937484652559067292008-07-30T09:27:00.000-04:002008-07-30T09:27:00.000-04:00It's actually not so bad and all: "The re...It's actually not so bad and all: "The rest of the world" just need to be weaned off using USD for trade - Bernanke & Co is doing so well on pavlovian reinforcement learning that eventually even the most stupid and inbred Asian banker will get it.<BR/><BR/>PS: <BR/>The boom in commodities could be a sign that people *are* actually getting it, quietly spending their increasingly worthless USD reserves on stuff of value. If so commodities could go a loong way since the FED will not stop printing, ever.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-69985796176041166652008-07-25T18:13:00.000-04:002008-07-25T18:13:00.000-04:00The National Bank of Australia is writing off 90% ...The National Bank of Australia is writing off 90% of its US conduit loans. http://www.businessspectator.com.au/bs.nsf/Article/NAB-will-shock-Wall-Street-GV4M7?OpenDocument&src=sphAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-16641936750577838742008-07-25T09:03:00.000-04:002008-07-25T09:03:00.000-04:00oh come now ben...Ben and Paulson can keep throwin...oh come now ben...<BR/>Ben and Paulson can keep throwing lifelines to these banks. :^) Making the very $ they are trying to save from death and destruction worth less and less. <BR/><BR/>Nature (i.e. Economics 101) has to run its course.<BR/><BR/>Who do you think are 1st and 2nd in line willing to gobble up the good bits of the US financial system?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-39575691936836216582008-07-24T20:35:00.001-04:002008-07-24T20:35:00.001-04:00The powers that be can't fuck with all of them...The powers that be can't fuck with all of them...Ben Bittrolffhttps://www.blogger.com/profile/12465978905157927856noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-52309969792429725892008-07-24T20:35:00.000-04:002008-07-24T20:35:00.000-04:00Jonny,SKF = 282 companies. The 10 largest holdings...Jonny,<BR/><BR/>SKF = 282 companies. The 10 largest holdings of which are:<BR/><BR/>JPMorgan Chase & Co. 6.10%<BR/>Bank of America Corp. 5.60%<BR/>Citigroup Inc. 4.70%<BR/>Wells Fargo & Co. 3.81%<BR/>Goldman Sachs Group Inc. 3.24%American International Group Inc.3.19%U.S. Bancorp 2.48%<BR/>Bank of New York Mellon Corp. 2.22%<BR/>American Express Co. 1.99%<BR/>Morgan Stanley 1.87%Ben Bittrolffhttps://www.blogger.com/profile/12465978905157927856noreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-44791682991717738692008-07-24T17:27:00.000-04:002008-07-24T17:27:00.000-04:00Another very prescient call on the financials (SKF...Another very prescient call on the financials (SKF), Ben. You're truly in a groove here. When you're worth upwards of $1B, will you still share your thoughts with us mortals?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1258979445050968882.post-746003652554937022008-07-24T09:15:00.000-04:002008-07-24T09:15:00.000-04:00We all on the downside now! Hey Ben, have we had ...We all on the downside now! Hey Ben, have we had any more of those loverly Hindenburg Omens since the last cluster?Anonymousnoreply@blogger.com