Bond Insurers

[Allan from Fallbrook]

SDR: Bubba99 makes the point I was getting at relative to the FED doing everything in it’s power to head this event off.

Daniel’s presumption of equally balanced positions is erroneous in that quite a few of these hedge funds, and equity funds and investment banks have little to no understanding of how the derivatives will function in the event of a full-blown crisis (in point of fact, no one knows because it hasn’t happened). So, it will be a very interesting six months to year coming up. The FED and the ECB are pushing considerable liquidity into the market, and the response to date has been muted.

If you are interested in a pair of good books on the subject, read “A Demon of Our Design” and “Traders, Guns and Money”. The first is on hedge funds, and the second is on derivatives. Both are well-written and equally alarming in their own way.

I agree with you regarding not being a Chicken Little, but there is significant concern out there, and for very good reason. I penned a recollection of mine on another thread about being approached in 1994 to purchase derivative products. I was CFO of an insurance brokerage in Orange County, and these were all the rage after the OC Comptroller (Citron) had bought in. I was absolutely baffled during the presentation, as was my boss (the CEO). He was a former Bear Stearns guy, and an MBA from Ohio State, and equally confused. Very arcane stuff, and if the Chairman of the FED requires a remedial course…

[SD Realtor]

I know. Bubba raised a good point but I started to type before he had posted.

I agree with you that it will be really interesting to see how this is dealt with over the next year. While many people want a recession and root for economic calamity simply so they can buy a home, I am not one of them. As much as I want affordable housing I do root for our economy. I do agree with you about the concern out there but it is something I know little about nor am exposed to.

Bubba good post by the way.

Now… since it is my thread…heheheheh

I flipped the game on at about 8 and to my surprise the gmen actually were ahrad of the patsies in the 4th quarter. Of course 2 seconds after I swith it on I watch Moss wide open down the sidelines for a touchdown… game over…damn I hate the pats.

*******

I am almost hoping we play the Brownies over the Titans next week. That freeking Haynesworth for the Titans is a damn beast. I guess we will no more tomorrow.

SD Realtor

[SD Realtor]

I know. Bubba raised a good point but I started to type before he had posted.

I agree with you that it will be really interesting to see how this is dealt with over the next year. While many people want a recession and root for economic calamity simply so they can buy a home, I am not one of them. As much as I want affordable housing I do root for our economy. I do agree with you about the concern out there but it is something I know little about nor am exposed to.

Bubba good post by the way.

Now… since it is my thread…heheheheh

I flipped the game on at about 8 and to my surprise the gmen actually were ahrad of the patsies in the 4th quarter. Of course 2 seconds after I swith it on I watch Moss wide open down the sidelines for a touchdown… game over…damn I hate the pats.

*******

I am almost hoping we play the Brownies over the Titans next week. That freeking Haynesworth for the Titans is a damn beast. I guess we will no more tomorrow.

SD Realtor

[SD Realtor]

I know. Bubba raised a good point but I started to type before he had posted.

I agree with you that it will be really interesting to see how this is dealt with over the next year. While many people want a recession and root for economic calamity simply so they can buy a home, I am not one of them. As much as I want affordable housing I do root for our economy. I do agree with you about the concern out there but it is something I know little about nor am exposed to.

Bubba good post by the way.

Now… since it is my thread…heheheheh

I flipped the game on at about 8 and to my surprise the gmen actually were ahrad of the patsies in the 4th quarter. Of course 2 seconds after I swith it on I watch Moss wide open down the sidelines for a touchdown… game over…damn I hate the pats.

*******

I am almost hoping we play the Brownies over the Titans next week. That freeking Haynesworth for the Titans is a damn beast. I guess we will no more tomorrow.

SD Realtor

[SD Realtor]

I know. Bubba raised a good point but I started to type before he had posted.

I agree with you that it will be really interesting to see how this is dealt with over the next year. While many people want a recession and root for economic calamity simply so they can buy a home, I am not one of them. As much as I want affordable housing I do root for our economy. I do agree with you about the concern out there but it is something I know little about nor am exposed to.

Bubba good post by the way.

Now… since it is my thread…heheheheh

I flipped the game on at about 8 and to my surprise the gmen actually were ahrad of the patsies in the 4th quarter. Of course 2 seconds after I swith it on I watch Moss wide open down the sidelines for a touchdown… game over…damn I hate the pats.

*******

I am almost hoping we play the Brownies over the Titans next week. That freeking Haynesworth for the Titans is a damn beast. I guess we will no more tomorrow.

SD Realtor

[SD Realtor]

I know. Bubba raised a good point but I started to type before he had posted.

I agree with you that it will be really interesting to see how this is dealt with over the next year. While many people want a recession and root for economic calamity simply so they can buy a home, I am not one of them. As much as I want affordable housing I do root for our economy. I do agree with you about the concern out there but it is something I know little about nor am exposed to.

Bubba good post by the way.

Now… since it is my thread…heheheheh

I flipped the game on at about 8 and to my surprise the gmen actually were ahrad of the patsies in the 4th quarter. Of course 2 seconds after I swith it on I watch Moss wide open down the sidelines for a touchdown… game over…damn I hate the pats.

*******

I am almost hoping we play the Brownies over the Titans next week. That freeking Haynesworth for the Titans is a damn beast. I guess we will no more tomorrow.

SD Realtor

[Allan from Fallbrook]

SDR: As a Raiders fan, I hate the Patsies worse than cancer. In my opinion, they stole a Superbowl from us with that frickin’ Tuck Rule bs.

You have to give the devil his due, though. That is one helluva football team. The Giants had them on the ropes, and then eased up. You cannot do that with a team of this caliber. And that DB for the Giants, Butler. What the hell was he thinking?!? You let Moss get behind you and it is all over.

I still say the Chargers and the Jags are two of the more dangerous teams in the AFC playoffs. Of course, I will be rooting for the Silver and Black tomorrow. Not that it will do any good, of course…

[Allan from Fallbrook]

SDR: As a Raiders fan, I hate the Patsies worse than cancer. In my opinion, they stole a Superbowl from us with that frickin’ Tuck Rule bs.

You have to give the devil his due, though. That is one helluva football team. The Giants had them on the ropes, and then eased up. You cannot do that with a team of this caliber. And that DB for the Giants, Butler. What the hell was he thinking?!? You let Moss get behind you and it is all over.

I still say the Chargers and the Jags are two of the more dangerous teams in the AFC playoffs. Of course, I will be rooting for the Silver and Black tomorrow. Not that it will do any good, of course…

[Allan from Fallbrook]

SDR: As a Raiders fan, I hate the Patsies worse than cancer. In my opinion, they stole a Superbowl from us with that frickin’ Tuck Rule bs.

You have to give the devil his due, though. That is one helluva football team. The Giants had them on the ropes, and then eased up. You cannot do that with a team of this caliber. And that DB for the Giants, Butler. What the hell was he thinking?!? You let Moss get behind you and it is all over.

I still say the Chargers and the Jags are two of the more dangerous teams in the AFC playoffs. Of course, I will be rooting for the Silver and Black tomorrow. Not that it will do any good, of course…

[Allan from Fallbrook]

SDR: As a Raiders fan, I hate the Patsies worse than cancer. In my opinion, they stole a Superbowl from us with that frickin’ Tuck Rule bs.

You have to give the devil his due, though. That is one helluva football team. The Giants had them on the ropes, and then eased up. You cannot do that with a team of this caliber. And that DB for the Giants, Butler. What the hell was he thinking?!? You let Moss get behind you and it is all over.

I still say the Chargers and the Jags are two of the more dangerous teams in the AFC playoffs. Of course, I will be rooting for the Silver and Black tomorrow. Not that it will do any good, of course…

[Allan from Fallbrook]

SDR: As a Raiders fan, I hate the Patsies worse than cancer. In my opinion, they stole a Superbowl from us with that frickin’ Tuck Rule bs.

You have to give the devil his due, though. That is one helluva football team. The Giants had them on the ropes, and then eased up. You cannot do that with a team of this caliber. And that DB for the Giants, Butler. What the hell was he thinking?!? You let Moss get behind you and it is all over.

I still say the Chargers and the Jags are two of the more dangerous teams in the AFC playoffs. Of course, I will be rooting for the Silver and Black tomorrow. Not that it will do any good, of course…

[temeculaguy]

And the door is open for football talk……for the second half of the season, that pats have had some close calls and even though they are clearly the best team, there are chinks in the armor that mediocre teams are finding ways to get up on them or give them a game. I am switching my odds of the pats going 19-0 from 80% to 50%. In the last six weeks they beat the Ravens, Eagles and Giants by only a field goal (only the giants are even going to the playoffs). Their road to perfection still has some better teams than those three in the way, in fact every game from here on in for them will be against better teams. It seems every team wants to beat them, even if they don’t win the superbowl, knocking off the pats will give them something to be proud of and emotion is huge in football, that’s why “home field advantage” applies more to football than any other sport.

S.D. I’m afraid the chargers will face the titans because the colts are banged up and will only give the titans half a game. I think it’s a good thing, the brownies are the cinderella story this year, they are the 2007 rockies, facing karma like that can be a bad thing, ask the padres. Allan I’ll agree that the colts are every bit as good as the pats but if they rest their starters or only play a few series it will doom them. The Pats put it all out there tonight and in two weeks it will come back to them, but I think three weeks is tooo long for these guys to be away from the game and I blame the Chargers slow start on Norm sitting everyone in the pre season.

[temeculaguy]

And the door is open for football talk……for the second half of the season, that pats have had some close calls and even though they are clearly the best team, there are chinks in the armor that mediocre teams are finding ways to get up on them or give them a game. I am switching my odds of the pats going 19-0 from 80% to 50%. In the last six weeks they beat the Ravens, Eagles and Giants by only a field goal (only the giants are even going to the playoffs). Their road to perfection still has some better teams than those three in the way, in fact every game from here on in for them will be against better teams. It seems every team wants to beat them, even if they don’t win the superbowl, knocking off the pats will give them something to be proud of and emotion is huge in football, that’s why “home field advantage” applies more to football than any other sport.

S.D. I’m afraid the chargers will face the titans because the colts are banged up and will only give the titans half a game. I think it’s a good thing, the brownies are the cinderella story this year, they are the 2007 rockies, facing karma like that can be a bad thing, ask the padres. Allan I’ll agree that the colts are every bit as good as the pats but if they rest their starters or only play a few series it will doom them. The Pats put it all out there tonight and in two weeks it will come back to them, but I think three weeks is tooo long for these guys to be away from the game and I blame the Chargers slow start on Norm sitting everyone in the pre season.

[temeculaguy]

And the door is open for football talk……for the second half of the season, that pats have had some close calls and even though they are clearly the best team, there are chinks in the armor that mediocre teams are finding ways to get up on them or give them a game. I am switching my odds of the pats going 19-0 from 80% to 50%. In the last six weeks they beat the Ravens, Eagles and Giants by only a field goal (only the giants are even going to the playoffs). Their road to perfection still has some better teams than those three in the way, in fact every game from here on in for them will be against better teams. It seems every team wants to beat them, even if they don’t win the superbowl, knocking off the pats will give them something to be proud of and emotion is huge in football, that’s why “home field advantage” applies more to football than any other sport.

S.D. I’m afraid the chargers will face the titans because the colts are banged up and will only give the titans half a game. I think it’s a good thing, the brownies are the cinderella story this year, they are the 2007 rockies, facing karma like that can be a bad thing, ask the padres. Allan I’ll agree that the colts are every bit as good as the pats but if they rest their starters or only play a few series it will doom them. The Pats put it all out there tonight and in two weeks it will come back to them, but I think three weeks is tooo long for these guys to be away from the game and I blame the Chargers slow start on Norm sitting everyone in the pre season.

[temeculaguy]

And the door is open for football talk……for the second half of the season, that pats have had some close calls and even though they are clearly the best team, there are chinks in the armor that mediocre teams are finding ways to get up on them or give them a game. I am switching my odds of the pats going 19-0 from 80% to 50%. In the last six weeks they beat the Ravens, Eagles and Giants by only a field goal (only the giants are even going to the playoffs). Their road to perfection still has some better teams than those three in the way, in fact every game from here on in for them will be against better teams. It seems every team wants to beat them, even if they don’t win the superbowl, knocking off the pats will give them something to be proud of and emotion is huge in football, that’s why “home field advantage” applies more to football than any other sport.

S.D. I’m afraid the chargers will face the titans because the colts are banged up and will only give the titans half a game. I think it’s a good thing, the brownies are the cinderella story this year, they are the 2007 rockies, facing karma like that can be a bad thing, ask the padres. Allan I’ll agree that the colts are every bit as good as the pats but if they rest their starters or only play a few series it will doom them. The Pats put it all out there tonight and in two weeks it will come back to them, but I think three weeks is tooo long for these guys to be away from the game and I blame the Chargers slow start on Norm sitting everyone in the pre season.

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