tag:blogger.com,1999:blog-8918506024298353276.post2293358312618668297..comments2023-09-20T07:41:02.432-04:00Comments on Polecolaw: I DID NOT HAVE SEX WITH THAT SIVPalermo's Bloghttp://www.blogger.com/profile/09467127128993089930noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8918506024298353276.post-84278453952298867862009-12-06T21:42:58.823-05:002009-12-06T21:42:58.823-05:00Hello !.
might , probably curious to know how one ...Hello !.<br />might , probably curious to know how one can make real money . <br />There is no need to invest much at first. You may commense to get income with as small sum of money as 20-100 dollars. <br /><br />AimTrust is what you need<br />The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas. <br /><br />Its head office is in Panama with affiliates around the world.<br />Do you want to become really rich in short time? <br />That`s your choice That`s what you wish in the long run!<br /><br />I`m happy and lucky, I started to get income with the help of this company, <br />and I invite you to do the same. It`s all about how to choose a proper partner who uses your money in a right way - that`s the AimTrust!.<br />I take now up to 2G every day, and my first investment was 500 dollars only! <br />It`s easy to join , just click this link http://acivemal.lookseekpages.com/epuzuba.html<br /> and lucky you`re! Let`s take our chance together to become richAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8918506024298353276.post-58697503764710073412007-10-24T11:24:00.000-04:002007-10-24T11:24:00.000-04:00Matt - yes, and some of those loans will now be FH...Matt - yes, and some of those loans will now be FHA, that is, taxpayer guaranteed. I hope someone is checking the paperwork.Palermo's Bloghttps://www.blogger.com/profile/09467127128993089930noreply@blogger.comtag:blogger.com,1999:blog-8918506024298353276.post-28197393297258720412007-10-24T10:52:00.000-04:002007-10-24T10:52:00.000-04:00Its interesting to note that CountryWide Financial...Its interesting to note that CountryWide Financial yesterday decided to re-structure almost 17 billion in sub prime loans. They realize it makes more sense to extend better terms to their clients than to have them actually default on their loans, the majority of which are with terms that make it easy to fall behind.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8918506024298353276.post-74156532542547733512007-10-24T02:36:00.000-04:002007-10-24T02:36:00.000-04:00Sex with a sieve (or SIV)? Sounds painful.The inte...Sex with a sieve (or SIV)? Sounds painful.<BR/><BR/>The interesting thing about SIVs is that their balance sheets, investments, and capitalization are not reported anywhere (except, perhaps as mentions in the notes of some financial institutions).<BR/><BR/>M-LEC hasn't even been created yet, so there we have a great deal of speculation of what it will be (should it, ultimately, be created).<BR/><BR/>Given the tremendous lack of information, there is plenty of room to speculate.<BR/><BR/>The only parties who know what assets are in the SIVs (or other conduit structures) are the managers, the investors, and the rating agencies. Those are also the only parties who know for sure how much of the balance sheet was funded with commercial paper versus medium term notes and other capital.<BR/><BR/>There have been a number of pundits, Ben Stein included (he was great in Ferris Bueller), that have made the great leap to make statements and judgements for which there is little or no evidence.<BR/><BR/>SIVs, for the most part, are in trouble because of the mismatch in duration of liabilities and assets. The lack of confidence in the underlying assets in certain SIVs has made rolling over the short-term debt that funds them problematic - hence M-LEC and other attempts to prevent the wholesale dumping of SIV assets to cover their liabilities.<BR/><BR/>The SIVs and conduits invested in securities that, for the most part, are opaque. There are CDOs that own CDOs that own CDOs that are in these portfolios. Those CDOs have a variety of exposures and a variety of ratings, but the overlap of positions make them extremely complex to value.<BR/><BR/>In general, all security valuations, whether for bonds, stocks, or derivatives, are based on a calculation that discounts potential future cash flows on a risk adjusted basis. Derivative models use complex mathematics to calculate the expected cash flows and the risk adjusted rate, resulting in a calculated value.<BR/><BR/>At present, the overlapping portfolios, together with the uncertainty of the quality of the underlying assets in those portfolios, make a significant part of the "science" aspect of valuation useless. This leaves the "art" part (which is always present through the assumptions that are put into the model).<BR/><BR/>I believe that you, Mark, are doing the best you can to identify and pass along the best information on these issues that you can. We all need to recognize that any definitive statements, given the level of uncertainty, are wholly dependent on the <I><B>assumptions</B></I> that the writer is making. In the case of SIVs and conduits there is a wide range of assumptions and we'll just need to see how things play out.<BR/><BR/>I've been writing (using my assumptions) about these issues on my <A HREF="http://blog.lawrencedloeb.com" REL="nofollow">blog, blog.lawrencedloeb.com</A>, . I've even added an amusing video (from YouTube) that makes fun of what's going on.Lawrence D. Loebhttps://www.blogger.com/profile/05600981191177652648noreply@blogger.comtag:blogger.com,1999:blog-8918506024298353276.post-32927560515140100002007-10-24T02:20:00.000-04:002007-10-24T02:20:00.000-04:00This comment has been removed by the author.Lawrence D. Loebhttps://www.blogger.com/profile/05600981191177652648noreply@blogger.com