Business InsiderBlueMountain Said to Help Unwind JPMorgan's Whale TradesBloombergThe trading surge in the contracts that fueled much of JPMorgan's loss follows a 35 percent reduction in the net amount of protection that dealers sold on the …T…
Tag Archive for Contracts
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Housing Prices and Sales Volume Continue Surge in Early June – Dataquick
by Lee Adler • • 1 Comment
Dataquick is now reporting a 7.4% increase in closed sale values for the 30 days ended June 7 versus a year ago. This would represent mostly contracts entered in March. The data released today shows a clear breakout in prices with the median sale price for sales data collected in the 30 days ended June 7…
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Facebook Fed the ‘Ignorant’ Masses an IPO Lite – Forbes
by Newswires • • 0 Comments
BloombergFacebook Fed the 'Ignorant' Masses an IPO LiteForbesThe Facebook IPO is an excellent reminder of the role that amnesia plays in the stock market. It's said that markets are efficient, and I guess they are in a narrow sense, in that…
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JPMorgan: Another Reason CDS Should Be Regulated As Insurance – Seeking Alpha
by Newswires • • 0 Comments
Telegraph.co.ukJPMorgan: Another Reason CDS Should Be Regulated As InsuranceSeeking AlphaJPMorgan's (JPM) troubled trade in its London-based CIO unit is well known. What is not properly understood, and particularly by regulators, is the source of t…
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Repsol Cancels LNG Shipments to Argentina on YPF Seizure – Bloomberg
by Newswires • • 0 Comments
Globe and MailRepsol Cancels LNG Shipments to Argentina on YPF SeizureBloombergRepsol YPF SA (REP), Spain's largest energy company, canceled nine shipments of liquefied natural gas to Argentina because the government breached contracts following th…
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As One Trader at JPMorgan Sold Risky Contracts, Another One Bought Them – NYTimes.com
by Newswires • • 0 Comments
For hedge funds that could smell blood in the water, it seemed to be an opportunity to take on JPMorgan Chase and win. It was, in fact, such a sweet trade that even another part of the bank couldn’t pass it up. Even as a trader for JPMorgan in London was selling piles of insurance…
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Moore Bet on JPMorgan Before Losses – BusinessWeek
by Newswires • • 0 Comments
New York TimesMoore Bet on JPMorgan Before LossesBusinessWeekBy Saijel Kishan on May 16, 2012 Hedge funds Moore Capital Management LLC and Blue Ridge Capital LLC boosted their stakes in JPMorgan Chase & Co. (JPM) (JPM), while Kingdon Capital Manage…
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As One JPMorgan Trader Sold Risky Contracts, Another One Bought Them – New York Times
by Newswires • • 0 Comments
New York TimesAs One JPMorgan Trader Sold Risky Contracts, Another One Bought ThemNew York TimesBy AZAM AHMED For hedge funds that could smell blood in the water, it seemed to be an opportunity to take on JPMorgan Chase and win. It was, in fact, such a…
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Great Timing! Investors Dumped Bearish Bets Most Since 2008 – Bloomberg
by Newswires • • 0 Comments
As individuals bail out of U.S. stocks at the fastest rate in three decades, professional speculators have cut bearish bets by the most since 2008. Money managers are net short 19,375 contracts on the Standard & Poor’s 500 Index, down 82 percent from a four-year high in September even after the figure jumped from 3,584…
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Dallas Fed Urges Removal of CEOs of Bailed-Out Banks – Businessweek
by Lee Adler • • 0 Comments
Slide presentation from Dallas Fed – EXCELLENT! The Federal Reserve Bank of Dallas said taxpayer aid to failing banks should come only after the voiding of all employment and bonus contracts and the removal of chief executive officers and boards of directors. “A set of harsh, non-negotiable consequences” for requesting U.S. Treasury assistance might also include…
