Comments on: Counterparties

By: KenG

KenG — Sat, 10 Oct 2009 21:10:02 +0000

movie derivatives sounds like a job for Las Vegas, not Wall St. What is the underlying asset for betting on box office revenues?

By: dWj

dWj — Sat, 10 Oct 2009 14:28:00 +0000

Rising stock prices indicate rising estimates of the value of our wealth, although that can be from lower interest rates rather than from economic growth. There’s also a fallacy of composition at work here; if stocks go up each individual is, in some practical sense, wealthier, though society as a whole is not. (Society as a whole cannot sell.)

The spam filter seems to have gone off. I, for one, have just evaded it.

By: Uncle Billy Cunctator

Uncle Billy Cunctator — Sat, 10 Oct 2009 06:40:46 +0000

Forget about all that. Read this. This is actually important.

http://www.deepcapture.com/on-rolling-st one-penson-financial-the-mafia-and-naked -short-selling/

By: Griff

Griff — Fri, 09 Oct 2009 22:36:40 +0000

for the NRSRO I’d choose credible any time, any place over liable. I’d prefer the LW1 scene where it’s riggs doing a little Russian roulette…you just know that Moody’s or S&P is gonna blow up, only a question of when.