is to add more short into ZION and probably use the money from WB to do it.
GSE will provide the rocket fuel in financials, hopefully. Until somebody asks where MTG is gonna fetch the money from, that is.
Also a very clear sign is emerging that the US hasn't been printing more than the self-imposed rule of CPI for the past 18 months, despite claims otherwise from basic material/agri/oil people. Not very nice ending for those, I suspect. AA reported in-line despite 10% less shares, which are all bought above current prices. Very nice management reminiscent of FRE, CFC, and DSL. Will inquire the name of ultra long basic material later this evening. I saw that MON was indeed $60 before the beginning of "anti-US$" trade from July last year when Libor started blowing up in earnest.
The right enemy
5 years ago