[roccman]

http://www.tickerforum.org/cgi-ticker/a ... post=12975
$this->bbcode_second_pass_quote('', 'M')oody's has downgraded SENIOR portions of several ABX tranches. This is a really, really big deal guys. These super-senior portions are not part of the "visible" ABX tranches - they sit ABOVE them, and are supposedly fully insulated. Many of these have come off super-A ratings and a few even got the dreaded "C" rating, which is below investment grade.

THE [color=red]Expletive deleted.[/url] STORM IN THE CDO MARKETS I HAVE BEEN TALKING ABOUT APPEARS TO BE STARTING. THE IMPACT OF THIS IS NOT YET APPRECIATED, WITH THE EXCEPTION OF A FEW PEOPLE WHO ARE SELLING THE FUCK OUT OF THE MORTGAGE INSURERS ONCE AGAIN THIS MORNING.

The risk of capital calls on these guys is VERY REAL and some of them may end up insolvent. What's potentially FAR WORSE is that "Acceleration Events" may literally be days away, which will crash Pension Funds along with everyone else who holds anything lower than these "senior" tranches, as that cuts off coupon payments. THIS IS THE REAL DEAL KIDS if it happens - this is, as far as I can tell, the FIRST TIME that big ratings downgrades have been taken on the senior tranches, and its VERY un-funny.

[cowteat]

and the video "pyramids of the illuminati" has just been banned from google.

and arrabito vid 11 and 12...

[cowteat]

I think they will decrease prime interest rate 0.5% next time...

That ought to fix it good.

[FoxV]

$this->bbcode_second_pass_quote('', 'T')he risk of capital calls on these guys is VERY REAL and some of them may end up insolvent. What's potentially FAR WORSE is that "Acceleration Events" may literally be days away, which will crash Pension Funds along with everyone else who holds anything lower than these "senior" tranches, as that cuts off coupon payments.

[roccman]

$this->bbcode_second_pass_quote('cowteat', 'I') think they will decrease prime interest rate 0.5% next time...

That ought to fix it good.

[idomar]

Is this guy for real?

What goes on in this financial metaworld?

Peak Oil bah!, if this has the ramifications that he is talking about, we are not just screwed, we are middle of the road, trousers around the ankles waiting for an 60 tonne 18 wheeler with a phallus shaped front end doing 60.

[roccman]

$this->bbcode_second_pass_quote('idomar', 'I')s this guy for real?

What goes on in this financial metaworld?

Peak Oil bah!, if this has the ramifications that he is talking about, we are not just screwed, we are middle of the road, trousers around the ankles waiting for an 60 tonne 18 wheeler with a phallus shaped front end doing 60.

[idomar]

$this->bbcode_second_pass_quote('roccman', '
')
Karl is a real piece of work, but his economic predictions are spot on.