Jesse's Café Américain Thu 2009-08-20 16:11 EDT

China Makes Biggest Cut in US Treasury Assets Since 2000

Jesse

One has to wonder how long the UK, Japan and the US can keep supporting each other's crony capitalist oligopolies. China DailyChina cuts US Treasury holdings in June2009-08-18NEW YORK: China reduced its holdings of US Treasury debt in June by the biggest margin in nearly nine years, according to a US Treasury Department report issued on Monday.China cut its net holdings by 3.1 percent to $776.4

2000; China Makes Biggest Cut; Jesse's Café Américain; treasury assets.

Jesse's Café Américain Thu 2009-08-20 16:07 EDT

China Makes Biggest Cut in US Treasury Assets Since 2000

Jesse

One has to wonder how long the UK, Japan and the US can keep supporting each other's crony capitalist oligopolies. China DailyChina cuts US Treasury holdings in June2009-08-18NEW YORK: China reduced its holdings of US Treasury debt in June by the biggest margin in nearly nine years, according to a US Treasury Department report issued on Monday.China cut its net holdings by 3.1 percent to $776.4

2000; China Makes Biggest Cut; Jesse's Café Américain; treasury assets.

The IRA Analyst Tue 2009-04-21 00:00 EDT

The Institutional Risk Analyst: Stress Test Zombies: Not Too Big To Fail? Tough Tootsies Little Banks!

2009-03-13; ``The Bernanke/Geithner approach to not dealing with the financial crisis amounts to a hideous public subsidy of the global transactional class, a transfer of wealth from American taxpayers to the institutional investors who hold the bonds and derivative obligations tied to the zombie banks, AIG and the GSEs. All of these companies will require continuing cash subsidies if they are not resolved in bankruptcy.''

bank; big; fail; Institutional Risk Analyst; IRA Analyst; Stress Test Zombies; Tough Tootsies.

Wed 2009-04-01 00:00 EDT

Zero Hedge: PIMCO Holds Almost $120 Billion In MBS

86% invested in mortgage-backed securities

120; MBS; Pimco Holdings; Zero Hedge.

Thu 2009-02-26 00:00 EST

naked capitalism: Toxic Assets: Sellers Holding Out for Government Deal?

government deal; naked capitalism; sellers holding; Toxic Assets.

Fri 2009-01-16 00:00 EST

CHINESE CHECKMATE << Culture of Life News

``There is a game of chicken developing here: both China and Japan hold more than $1.5 trillion in US paper and whoever drops it off the cliff first, will beat the one who hesitates...Will they do it? I would think so! This will probably happen after Saudi Arabia falls to revolutionaries...It is the focal point of all of bin Ladens works and dreams. And it will happen if oil drops below $30 a barrel.'' ``Store shelfs are packed with goods. But let that not fool us! These are the detritus from deals made at least a year ago if not longer. There is nothing in the pipeline. Once the shelves are cleared of goods, there will be few replacements.'' ``The US and EU refused to police our bankers and brokers. So the Communist Chinese will do this for us. No one will bank with the West. They will bank with China if China has good controls...And our money will have Mao grinning at us. We deserve this.''

CHINESE CHECKMATE; Culture; Life News.

Fri 2009-01-16 00:00 EST

Jesse's Café Américain: Dancing on a Precipice: The Tenuous Balance in Global Finance

Jesse's Café Américain: Dancing on a Precipice: The Tenuous Balance in Global Finance; ``The dollar is a Ponzi scheme, the waters of debt are overflowing the dam of artificial support, and only a few countries, two of them somewhat unstable, are holding back the deluge.''

dance; Global Finance; Jesse's Café Américain; precipice; Tenuous Balance.

Mon 2008-09-08 00:00 EDT

The Institutional Risk Analyst: Paulson Begins Gradual Wind-Down of GSEs within Conservatorship

Paulson Begins Gradual Wind-Down of GSEs within Conservatorship, by Institutional Risk Analytics; ``Now that the Treasury at least partly has followed our recommendation and taken the GSEs off the table as a concern for the bond investors who hold trillions of dollars worth of GSE debt, the markets and the respective presidential candidates can focus on the next, more pressing challenge, namely helping to refloat the US banking system''

conservatorship; GSEs; Institutional Risk Analyst; Paulson Begins Gradual Wind.

Tue 2008-09-02 00:00 EDT

naked capitalism: Bank of China Cuts GSE Holdings by 25%

25; bank; China Cuts GSE Holdings; naked capitalism.

Tue 2008-08-26 00:00 EDT

The End of the Beginning -- Developments in the Credit Crisis

The End of the Beginning - Developments in the Credit Crisis, by Satyajit Das (Prudent Bear); 2008-05-27; ``limited recognition of the massive de-leveraging of the global financial system that is under way.'' ``The banking systems ability to supply credit is significantly impaired and will remain so for the foreseeable future.'' ``Changes in financial markets will have a significant impact on many companies that now rely on financial engineering rather than real engineering'' Das proposes: ``holdings and values of risky assets held by banks and investment banks must be accurately determined...Risky assets must be valued on a hold-to-maturity basis...Mark-to-market accounting should be suspended...Capital levels should be set on a bank-by-bank basis by regulators...Capital requirements should be eased...government [should] guarantee of all major bank liabilities''

Begins; credit crisis; develop; ending.

Fri 2008-08-08 00:00 EDT

Winter (Economic & Market) Watch >> Hired Guns on the Scene

Winter (Economic & Market) Watch >> Hired Guns on the Scene: "annie Mae and Freddie Mac are going to be nationalized, busted up, and hundred of billions in Continental holdings are going to be divided up as spoils by insider financial quasi-criminals"

economic; hired guns; Market; scene; watch; winter.

Wed 2008-06-11 00:00 EDT

Mish's Global Economic Trend Analysis: Credibility Issues Haunt Lehman

dodgy commercial real estate holdings getting significant writedowns

Credibility Issues Haunt Lehman; Mish's Global Economic Trend Analysis.

Mon 2008-03-31 00:00 EDT

Mish's Global Economic Trend Analysis: Who's Holding The Bag?

Buffett versus Greenspan on derivatives; "the development of credit derivatives has contributed to the stability of the banking system", or "rapidly growing trade in derivatives poses a "mega-catastrophic risk" for the economy"; 2007-07-04

bag; Mish's Global Economic Trend Analysis; S hold.

Tue 2008-03-25 00:00 EDT

How ghosts vote on Bear Stearns - International Herald Tribune

How ghosts vote on Bear Stearns, by Steven M. Davidioff - International Herald Tribune; "A class of stakeholders in Bear Stearns with economic interests that differ from the shareholders' can use derivatives to ensure that their needs are met. In the process, shareholders are left holding the nearly empty bag, and regulators are left shaking their heads."

Bear Stearns; ghost voting; International Herald Tribune.

Thu 2007-09-13 00:00 EDT

US Heads for Recession as Foreign Investors Rush for the Exit from US Dollar Holdings :: The Market Oracle :: Financial Markets Forecasting & Analysis Free Website

US Heads for Recession as Foreign Investors Rush for the Exit from US Dollar Holdings, by Mike Whitney; The Market Oracle

Analysis Free Website; dollar holdings; exit; Financial Markets Forecasts; Foreign Investors Rushing; Head; Market Oracle; Recession.

Fri 2007-07-06 00:00 EDT

Mish's Global Economic Trend Analysis: Who's Holding The Bag?

CDO holders;

bag; Mish's Global Economic Trend Analysis; S hold.