calpers

[drunkle]

remember way back when when the possibility of “subprime” affecting retirement accounts was discussed? calpers was mentioned as having something on the order of 1/2% invested in “subprime” and would not be significantly affected.

well….

http://www.tickerforum.org/cgi-ticker/akcs-www?post=32677

“Carlyle Capital Corp., the publicly traded credit fund backed by private-equity firm Carlyle Group, said it received a notice of default after failing to meet a margin call yesterday. ”

and:

“Carlyle has only allowed two outsiders to buy into its partnership.[7] The first is the California Public Employees’ Retirement System (CalPERS), who “own a 5.5% stake in the company that is estimated to be worth about $1 billion.”[7] The second is Mubadala Development Company – “an investment group owned by the government of Abu Dhabi, which is part of the United Arab Emirates.”[7] In September of 2007, they bought a “7.5 percent share of [Carlyle’s] general partnership for $1.35 billion.””

it’s round 2 of the “subprime” crisis. do you know where your retirement account is?

[Raybyrnes]

Anyone see what happened to TMA (Thornburg Mortgate)today. Loans are all performming and lenders have a margin call on them.

[drunkle]

ray:

made some money on tma thanks to some great posters and analysis on the tickerforum.

i remember hearing about them on cnbc awhile back, talking about how they aren’t subprime, business model is great, yadda yadda. and i believed them then, thinking ok, some guys out there aren’t doing the shenanigans. and now, the dawning of truth: we’re fucked.

[Raybyrnes]

take a look at CIT. Not faring any better than TMA.

[Raybyrnes]

take a look at CIT. Not faring any better than TMA.

[Raybyrnes]

take a look at CIT. Not faring any better than TMA.

[Raybyrnes]

take a look at CIT. Not faring any better than TMA.

[Raybyrnes]

take a look at CIT. Not faring any better than TMA.

[drunkle]

ray:

made some money on tma thanks to some great posters and analysis on the tickerforum.

i remember hearing about them on cnbc awhile back, talking about how they aren’t subprime, business model is great, yadda yadda. and i believed them then, thinking ok, some guys out there aren’t doing the shenanigans. and now, the dawning of truth: we’re fucked.

[drunkle]

ray:

made some money on tma thanks to some great posters and analysis on the tickerforum.

i remember hearing about them on cnbc awhile back, talking about how they aren’t subprime, business model is great, yadda yadda. and i believed them then, thinking ok, some guys out there aren’t doing the shenanigans. and now, the dawning of truth: we’re fucked.

[drunkle]

ray:

made some money on tma thanks to some great posters and analysis on the tickerforum.

i remember hearing about them on cnbc awhile back, talking about how they aren’t subprime, business model is great, yadda yadda. and i believed them then, thinking ok, some guys out there aren’t doing the shenanigans. and now, the dawning of truth: we’re fucked.

[drunkle]

ray:

made some money on tma thanks to some great posters and analysis on the tickerforum.

i remember hearing about them on cnbc awhile back, talking about how they aren’t subprime, business model is great, yadda yadda. and i believed them then, thinking ok, some guys out there aren’t doing the shenanigans. and now, the dawning of truth: we’re fucked.

[Raybyrnes]

Anyone see what happened to TMA (Thornburg Mortgate)today. Loans are all performming and lenders have a margin call on them.

[Raybyrnes]

Anyone see what happened to TMA (Thornburg Mortgate)today. Loans are all performming and lenders have a margin call on them.

[Raybyrnes]

Anyone see what happened to TMA (Thornburg Mortgate)today. Loans are all performming and lenders have a margin call on them.

[Raybyrnes]

Anyone see what happened to TMA (Thornburg Mortgate)today. Loans are all performming and lenders have a margin call on them.

[SD Realtor]

Yeah… I believe the debate was that it is only the very wealthy and a bunch of foreign investors that will be hardest hit by cdo and mbs investments…. not alot of substantial domestic investments… I think we will see that is not the case.

SD Realtor

[4plexowner]

the credit crisis is well contained …

to planet earth

[mydogsarelazy]

Hello,

The 1/2% figure referred to STRS (State Teacher’s Retirement System) which is separate from CalPERS.

JS

[SD Transplant]

This brings up another related subject – already talked about here – WORLD ECON DECOUPLING. Apparently plenty of outside hedge funds are loosing their shirts.

A couple of weeks ago, a couple of my good friends, stock brokers, in some parts of the Eastern EU, were scrambling to understand what’s going on in the US financial markets and how come it affects their business? They were asking me for some info/links and a MACRO econ/financial prospective on where we are – and possibly the impact abroad. I’ve sent them some fine links, but ultimately – EVERYONE will suffer from this mess regardless of location (401k, hedge fund investor, financial institutions, insurance institutions, etc.). I’ve got to be honest the impact is greater than what I’ve envisioned.

I can tell you that I read a few e-newspapers from EU and yesterday – big print in the Econ section of some big newspaper – REAL ESTATE PRICES HAVE FORZEN (as opposed to growing 20% a year) – due to the US financial markets (it went on & on about US financial risks valuation – or lack there of – and the rest of the fiscal mantra)

There was a fine comment above “yes, the mess is contained to planeth earth” 🙂

[SD Transplant]

This brings up another related subject – already talked about here – WORLD ECON DECOUPLING. Apparently plenty of outside hedge funds are loosing their shirts.

A couple of weeks ago, a couple of my good friends, stock brokers, in some parts of the Eastern EU, were scrambling to understand what’s going on in the US financial markets and how come it affects their business? They were asking me for some info/links and a MACRO econ/financial prospective on where we are – and possibly the impact abroad. I’ve sent them some fine links, but ultimately – EVERYONE will suffer from this mess regardless of location (401k, hedge fund investor, financial institutions, insurance institutions, etc.). I’ve got to be honest the impact is greater than what I’ve envisioned.

I can tell you that I read a few e-newspapers from EU and yesterday – big print in the Econ section of some big newspaper – REAL ESTATE PRICES HAVE FORZEN (as opposed to growing 20% a year) – due to the US financial markets (it went on & on about US financial risks valuation – or lack there of – and the rest of the fiscal mantra)

There was a fine comment above “yes, the mess is contained to planeth earth” 🙂

[SD Transplant]

This brings up another related subject – already talked about here – WORLD ECON DECOUPLING. Apparently plenty of outside hedge funds are loosing their shirts.

A couple of weeks ago, a couple of my good friends, stock brokers, in some parts of the Eastern EU, were scrambling to understand what’s going on in the US financial markets and how come it affects their business? They were asking me for some info/links and a MACRO econ/financial prospective on where we are – and possibly the impact abroad. I’ve sent them some fine links, but ultimately – EVERYONE will suffer from this mess regardless of location (401k, hedge fund investor, financial institutions, insurance institutions, etc.). I’ve got to be honest the impact is greater than what I’ve envisioned.

I can tell you that I read a few e-newspapers from EU and yesterday – big print in the Econ section of some big newspaper – REAL ESTATE PRICES HAVE FORZEN (as opposed to growing 20% a year) – due to the US financial markets (it went on & on about US financial risks valuation – or lack there of – and the rest of the fiscal mantra)

There was a fine comment above “yes, the mess is contained to planeth earth” 🙂

[SD Transplant]

This brings up another related subject – already talked about here – WORLD ECON DECOUPLING. Apparently plenty of outside hedge funds are loosing their shirts.

A couple of weeks ago, a couple of my good friends, stock brokers, in some parts of the Eastern EU, were scrambling to understand what’s going on in the US financial markets and how come it affects their business? They were asking me for some info/links and a MACRO econ/financial prospective on where we are – and possibly the impact abroad. I’ve sent them some fine links, but ultimately – EVERYONE will suffer from this mess regardless of location (401k, hedge fund investor, financial institutions, insurance institutions, etc.). I’ve got to be honest the impact is greater than what I’ve envisioned.

I can tell you that I read a few e-newspapers from EU and yesterday – big print in the Econ section of some big newspaper – REAL ESTATE PRICES HAVE FORZEN (as opposed to growing 20% a year) – due to the US financial markets (it went on & on about US financial risks valuation – or lack there of – and the rest of the fiscal mantra)

There was a fine comment above “yes, the mess is contained to planeth earth” 🙂

[SD Transplant]

This brings up another related subject – already talked about here – WORLD ECON DECOUPLING. Apparently plenty of outside hedge funds are loosing their shirts.

A couple of weeks ago, a couple of my good friends, stock brokers, in some parts of the Eastern EU, were scrambling to understand what’s going on in the US financial markets and how come it affects their business? They were asking me for some info/links and a MACRO econ/financial prospective on where we are – and possibly the impact abroad. I’ve sent them some fine links, but ultimately – EVERYONE will suffer from this mess regardless of location (401k, hedge fund investor, financial institutions, insurance institutions, etc.). I’ve got to be honest the impact is greater than what I’ve envisioned.

I can tell you that I read a few e-newspapers from EU and yesterday – big print in the Econ section of some big newspaper – REAL ESTATE PRICES HAVE FORZEN (as opposed to growing 20% a year) – due to the US financial markets (it went on & on about US financial risks valuation – or lack there of – and the rest of the fiscal mantra)

There was a fine comment above “yes, the mess is contained to planeth earth” 🙂

[mydogsarelazy]

Hello,

The 1/2% figure referred to STRS (State Teacher’s Retirement System) which is separate from CalPERS.

JS

[mydogsarelazy]

Hello,

The 1/2% figure referred to STRS (State Teacher’s Retirement System) which is separate from CalPERS.

JS

[mydogsarelazy]

Hello,

The 1/2% figure referred to STRS (State Teacher’s Retirement System) which is separate from CalPERS.

JS

[mydogsarelazy]

Hello,

The 1/2% figure referred to STRS (State Teacher’s Retirement System) which is separate from CalPERS.

JS

[4plexowner]

the credit crisis is well contained …

to planet earth

[4plexowner]

the credit crisis is well contained …

to planet earth

[4plexowner]

the credit crisis is well contained …

to planet earth

[4plexowner]

the credit crisis is well contained …

to planet earth

[SD Realtor]

Yeah… I believe the debate was that it is only the very wealthy and a bunch of foreign investors that will be hardest hit by cdo and mbs investments…. not alot of substantial domestic investments… I think we will see that is not the case.

SD Realtor

[SD Realtor]

Yeah… I believe the debate was that it is only the very wealthy and a bunch of foreign investors that will be hardest hit by cdo and mbs investments…. not alot of substantial domestic investments… I think we will see that is not the case.

SD Realtor

[SD Realtor]

Yeah… I believe the debate was that it is only the very wealthy and a bunch of foreign investors that will be hardest hit by cdo and mbs investments…. not alot of substantial domestic investments… I think we will see that is not the case.

SD Realtor

[SD Realtor]

Yeah… I believe the debate was that it is only the very wealthy and a bunch of foreign investors that will be hardest hit by cdo and mbs investments…. not alot of substantial domestic investments… I think we will see that is not the case.

SD Realtor

[Author]

Posts