Comments on: Sunday Talking Heads: November 23, 2008

By: Hugh

Hugh — Sun, 23 Nov 2008 15:30:06 +0000

Yes, I have been wondering who is shorting Citi for a couple of days now. As for its derivatives exposure, JP Morgan is by the biggest holder of derivatives with a notional value of $91 trillion. Most of these are currency swaps. Re CDSs, JPM has about $4 trillion and Citi about $1.6 trillion.

By: Quebecois

Quebecois — Sun, 23 Nov 2008 15:16:09 +0000

Lieberman is a tiny, scurrying weasel. And I apologise to any insulted weasel out there. It just had to be said.

By: KayInMaine

KayInMaine — Sun, 23 Nov 2008 15:13:38 +0000

Cbl2, staying off the road is a good thing when it snows or ices in an area that isn’t prepared for it! Good call. ;-)

Nonplussed, yep! The Frozen Mustache thermometer is also good to use! LOL

By: Hugh

Hugh — Sun, 23 Nov 2008 15:13:31 +0000

Not sure I understand how when you have banks that are to big to fail combining them makes a lot of sense.

It’s all about aggregation of demand, synergies, economies of scale, shell games, and above all else see that shiny object over there?

By: Elliott

Elliott — Sun, 23 Nov 2008 15:12:23 +0000

thanks, I always appreciate your diaries

By: masaccio

masaccio — Sun, 23 Nov 2008 15:11:28 +0000

My diary quotes a bunch of industry types saying there is a lot of shorting against Citi.

By: Elliott

Elliott — Sun, 23 Nov 2008 15:10:24 +0000

Hillary Clinton Still Doesn’t Understand the Boys’ Club Senate Game
watertiger’s up

By: barbara

barbara — Sun, 23 Nov 2008 15:08:14 +0000

I’m reasonably convinced that if a body gets enough sleep, we can endure almost anything. Even Lieberman. Maybe.

By: nonplussed

nonplussed — Sun, 23 Nov 2008 15:07:05 +0000

C-span has the repugnant Eric Cantor, the new Republican Whip, on from a Friday interview.

By: cbl2

cbl2 — Sun, 23 Nov 2008 15:06:24 +0000

thank you so much. am so glad to hear (((you))) are getting rest. that whole rose under the snow thing.

am so anxious, wanted to retrieve my question the second I hit submit - lol

appreciate your response :D