BLOG.JMHAMILTONPUBLISHING.COM: Monthly Archives for June 2010

"(B.P.'s C.D.S.) blew out, with the cost of guaranteeing $10 million of its debt for five years, nearly doubling on the week, to $400,000 annually, according to data firm Markit—contributing to the severe downward pressure on the company's stock."

Posted by J.M. Hamilton Blog at 6/13/2010 10:23 AM | Add Comment

Was Bush (W) Looking out for the Elderly When He Expanded Medicare Coverage to Include Meds (2006), or Was He Looking Out for Big-Pharma?

Posted by J.M. Hamilton Blog at 6/13/2010 8:18 AM | Add Comment

Mr. Epstein Appears a Little Less Ebullient.... Facts, for the Moment, Appear to Have Run Over Wishful Thinking and Cheerleading...

Posted by J.M. Hamilton Blog at 6/13/2010 8:05 AM | Add Comment

While the Gulf Metaphorically Burns.... D.C. Waits...

Posted by J.M. Hamilton Blog at 6/13/2010 7:50 AM | Add Comment

Mr. Snaith: "With oil drilling — as with Wall Street — 'there will be significant rethinking about who benefits and who bears the cost.' "

Posted by J.M. Hamilton Blog at 6/13/2010 7:49 AM | Add Comment

"Gold, he said, is a logical hedge against this risk, because firing up the printing presses ignites inflation."

Posted by J.M. Hamilton Blog at 6/13/2010 7:48 AM | Add Comment

"Part of Turkey’s motivation in reaching out to Iran is based in realpolitik. Iran is Turkey’s neighbor and also supplies the country with a fifth of its natural gas."

Posted by J.M. Hamilton Blog at 6/13/2010 7:47 AM | Add Comment

"The bailout had a "poisonous'' effect, the report says, because now the markets believe the government will commit taxpayer money to prevent the collapse of big financial institutions and to repay their trading partners."

Posted by J.M. Hamilton Blog at 6/12/2010 7:43 PM | Add Comment

Part I: The Spill, The Scandal and the President

Posted by J.M. Hamilton Blog at 6/12/2010 7:39 PM | View Comments (1) | Add Comment

Part II: The Spill, The Scandal and the President

Posted by J.M. Hamilton Blog at 6/12/2010 7:37 PM | Add Comment

Mr. Abelson Provides Several Quick Shocks of Reality on a Saturday Morning... Strap- on Your Kevlar!

Posted by J.M. Hamilton Blog at 6/12/2010 7:10 AM | Add Comment

The Fallout from Obama/Reid Taking Yucca Mountain Off Line: Nuclear Energy may Stumble, Leaving America Dependant Upon, Whom? Big Oil, OPEC, and Big Coal !!!

Posted by J.M. Hamilton Blog at 6/12/2010 7:09 AM | Add Comment

“The stagnation we are experiencing now is due in great part to a struggling economy, burgeoning budget deficit and a breakdown of trust in social welfare,” he said. Lets Not Forget About Zombie Banks!

Posted by J.M. Hamilton Blog at 6/12/2010 7:08 AM | Add Comment

Bikinis and Hazmat Suits: “The oil ruined everything,” he said. “It will be for years to come.”

Posted by J.M. Hamilton Blog at 6/12/2010 7:07 AM | Add Comment

“It’s back to business as usual.”

Posted by J.M. Hamilton Blog at 6/11/2010 9:29 PM | Add Comment

One Wonders How Britian Might Act Towards B.P., if the Disaster Had Happened Near the Cliffs of Dover?

Posted by J.M. Hamilton Blog at 6/11/2010 9:09 PM | Add Comment

Interesting Site: Wikileaks...

Posted by J.M. Hamilton Blog at 6/11/2010 8:35 PM | Add Comment

“Leave the gun (drones); Take the cannoli (troops)"

Posted by J.M. Hamilton Blog at 6/11/2010 8:31 PM | Add Comment

Getting Kind of Mean in the Bayou: “You find someone competent who can kick their butt and take what is owed to you for full, fair and honest compensation.”

Posted by J.M. Hamilton Blog at 6/11/2010 5:29 AM | Add Comment

"Theoretically, an unlimited amount of credit-default swaps can be written and bought on any issuer, and there are incentives for buyers to make companies look sickly."

Posted by J.M. Hamilton Blog at 6/10/2010 9:11 PM | Add Comment

With European Economy Struggling.... the U.S. Begins to Push China on Currency!

Posted by J.M. Hamilton Blog at 6/10/2010 8:48 PM | Add Comment

"For the police to tell me I needed to sign paperwork with BP to go to a public beach?" Mr. Lysiak said. "It's just irrational."

Posted by J.M. Hamilton Blog at 6/10/2010 8:43 PM | Add Comment

"From the beginning of the disaster, BP has provided estimates that were vastly lower than reality."

Posted by J.M. Hamilton Blog at 6/10/2010 8:38 PM | Add Comment

Blankfein Said: "They might have an idea. But they might not have an idea." RIGHT!

Posted by J.M. Hamilton Blog at 6/9/2010 7:42 PM | Add Comment

"We advocate switching out of equity positions and going to cash."

Posted by J.M. Hamilton Blog at 6/9/2010 7:42 PM | Add Comment

Sovereign Dominoes Illustrated!

Posted by J.M. Hamilton Blog at 6/9/2010 7:41 PM | Add Comment

Advocate for a Liberal Immigration Policy? " This year, he said, there are about five Americans between the ages of 20 and 64 for each person aged 65 or older. By the time most of the baby boomers have retired in 2030, he warned, there will be only 3."

Posted by J.M. Hamilton Blog at 6/9/2010 7:38 PM | Add Comment

If the Fed is, afterall, a Political Institution.... How Political are the Findings of the Beige Book?

Posted by J.M. Hamilton Blog at 6/9/2010 7:37 PM | Add Comment

"But Russia and China, which have strong economic ties with Tehran and have at times resisted sanctions, fully backed the new U.N. move to blacklist dozens of Iranian military, industrial and shipping firms."

Posted by J.M. Hamilton Blog at 6/9/2010 7:35 PM | Add Comment

LIVE... From 5,000 Feet Below Sea Level, It's the OIL SPILL....

Posted by J.M. Hamilton Blog at 6/9/2010 7:34 PM | Add Comment

Heaven Sent.... Now Bring on the Derivatives REFORM!

Posted by J.M. Hamilton Blog at 6/9/2010 5:57 AM | Add Comment

"Regulation isn’t an obstacle to thriving free markets; it’s a vital part of them." That said, the Less the Potential for Regulatory Capture, that is to say the less discretion Regulators have (so as not to exploit or be exploited), the Better!

Posted by J.M. Hamilton Blog at 6/8/2010 9:02 PM | Add Comment

"Senator Jeff Merkley told Reuters on Tuesday that the Volcker rule is crucial to reform and should be toughened."

Posted by J.M. Hamilton Blog at 6/8/2010 8:39 PM | Add Comment

North American War Casualties...

Posted by J.M. Hamilton Blog at 6/8/2010 8:39 PM | Add Comment

This outcome might seem far-fetched right now. But on Wall Street bankers have already coined a term for it: “the Texaco scenario.”

Posted by J.M. Hamilton Blog at 6/8/2010 8:37 PM | Add Comment

“It’s apparent that BP is playing games with us, presumably under the advice of their legal team,” Dr. Leifer said. “It’s six weeks that it’s been dumping into the gulf, and still no measurements.”

Posted by J.M. Hamilton Blog at 6/8/2010 5:19 AM | Add Comment

"...(The Financial Reform) bill is on track to being the most misguided piece of federal banking regulation in the past half-century,” said Richard S. Carnell, a Fordham law professor.

Posted by J.M. Hamilton Blog at 6/7/2010 8:27 PM | Add Comment

JUSTICE FOR SALE... ?

Posted by J.M. Hamilton Blog at 6/7/2010 8:26 PM | Add Comment

With M3 Contracting, the only Sector of the Economy that Appears to be Benefiting from a 0% Fed Funds Rate.... Are the Banks!

Posted by J.M. Hamilton Blog at 6/7/2010 8:25 PM | Add Comment

"... a step toward what Bill Gross called a 'debt super cycle.'"

Posted by J.M. Hamilton Blog at 6/7/2010 8:24 PM | Add Comment

"Some questioned whether BP knew or even wanted to know how much oil was escaping."

Posted by J.M. Hamilton Blog at 6/7/2010 8:22 PM | Add Comment

“We’re maxed out." "The Discoverer Enterprise drill ship can only handle 15,000 barrels a day, and the capping device was trapping almost that amount without the vents shut."

Posted by J.M. Hamilton Blog at 6/7/2010 8:21 PM | Add Comment

"Apple, Dell and Hewlett-Packard have already said they are looking into conditions at Foxconn — although Apple’s chief executive, Steven P. Jobs, said last week that he was troubled by the suicides but that Foxconn was 'not a sweatshop.'"

Posted by J.M. Hamilton Blog at 6/7/2010 8:20 PM | Add Comment

Whole Lotta Failure Going On, but BP's CEO Refuses to Accept Responsibility...

Posted by J.M. Hamilton Blog at 6/6/2010 3:51 PM | Add Comment

Will Obama Take on the Banks and Big Oil (?), Or Will He Allow His Presidency to be Characterized as Four More Years of Bush....

Posted by J.M. Hamilton Blog at 6/6/2010 10:06 AM | Add Comment

Trillions of Dollars of Prospective Investment Dollars are Sitting on the Side Line, and Even Banks Don't Trust One Another's Financials to Lend to One Another: What's Wrong with this Picture?

Posted by J.M. Hamilton Blog at 6/6/2010 10:04 AM | Add Comment

Like the Lack of Mud for the Top Kill... "Now, technicians involved in the operation say they are concerned that as they succeed in gathering more and more oil, they may have trouble handling and storing all of it."

Posted by J.M. Hamilton Blog at 6/6/2010 10:03 AM | Add Comment

Will AIG Pay Back the Taxpayers... As They Say Around the Meadowlands: "For Get About It!"

Posted by J.M. Hamilton Blog at 6/5/2010 12:15 PM | Add Comment

Retro Blog: "The whole point of the bailout is to save Goldman Sachs," said Christopher Whalen, head of financial advisory services for Institutional Risk Analytics. "The whole thing is so rancid and so hideous."

Posted by J.M. Hamilton Blog at 6/5/2010 12:10 PM | Add Comment

Say It Isn't So: " 'It's patently unfair,' he says. He told the SEC that the markets are rigged."

Posted by J.M. Hamilton Blog at 6/5/2010 11:51 AM | Add Comment

"In other words, what's really ailing the market is a strong whiff of reality -- for which, it grieves us to say, there's no quick cure."

Posted by J.M. Hamilton Blog at 6/5/2010 11:50 AM | Add Comment

A Nation of Special Interests with Lobbyist Running the Show: "Regulatory capture –where regulators come to share the interests and viewpoint of the industry they are supposed to be overseeing, rather than acting in the broader 'public interest...' "

Posted by J.M. Hamilton Blog at 6/5/2010 8:28 AM | Add Comment

"You're damned if you save and you're damned if you don't." Roubini

Posted by J.M. Hamilton Blog at 6/5/2010 8:27 AM | Add Comment

“It’s going to have an impact for years to come.”

Posted by J.M. Hamilton Blog at 6/5/2010 8:24 AM | Add Comment

"Real investors pay real money for the assessments of Egan-Jones and Gimme Credit. Or, in the case of highly successful debt investors, they do their own homework and pay scant attention to the ratings agencies."

Posted by J.M. Hamilton Blog at 6/4/2010 7:28 PM | Add Comment

Even Sacred Cows Feel Budgetary Heat.... But Will Dod Budgetary Goals Stand Up to the Blitz of Lobbyist, Special Interests and Generals?

Posted by J.M. Hamilton Blog at 6/4/2010 7:27 PM | Add Comment

“Fundamentally, Hungary’s economy is nowhere near the debt level of Greece, and it has more than enough money to service its debt, while I don’t think there is a data integrity problem."

Posted by J.M. Hamilton Blog at 6/4/2010 7:25 PM | Add Comment

“We discovered that companies like BP, who had provided assurances that they had failsafe, back-up, redundant systems, in fact not only didn’t have failsafe systems but had no idea what to do when those failsafe systems broke down,” Obama said.

Posted by J.M. Hamilton Blog at 6/4/2010 7:24 PM | Add Comment

“We set ourselves up for this bailing us out of euro land,” said Jim Paulsen, chief investment strategist for Wells Capital Management.

Posted by J.M. Hamilton Blog at 6/4/2010 7:23 PM | Add Comment

State Bird of Louisana: Pelican au chocolat !!!!

Posted by J.M. Hamilton Blog at 6/4/2010 7:22 PM | Add Comment

"White House officials said they will not let the focus on the oil spill detract from the rest of the president’s economic, legislative and foreign agenda, pointing out that he still seems likely to sign financial regulation reform by next month..."

Posted by J.M. Hamilton Blog at 6/4/2010 7:20 PM | Add Comment

Buffett, Born and Derivatives!

Posted by J.M. Hamilton Blog at 6/3/2010 9:10 PM | Add Comment

Shadow Congress - The Revolving Door Between the Federal Government and Lobbyist! How Many Former Congressmen and Senators are Now Lobbyist in Your Home State?

Posted by J.M. Hamilton Blog at 6/3/2010 8:36 PM | Add Comment

Retro Blog: "It's not clear who we're rescuing -- whether it is whatever remains of AIG or its trading partners," said Dodd.

Posted by J.M. Hamilton Blog at 6/3/2010 8:32 PM | Add Comment

"Oil may have arrived already in the Florida Keys. Coast Guard investigators are looking into reports of an oily substance and tar balls near Duck Key, Long Key and Grassy Key, Florida, according to a statement."

Posted by J.M. Hamilton Blog at 6/3/2010 8:30 PM | Add Comment

Biofuel: What Does Exxon Know that the Doubters Don't? Big Oil Moves On Biofuel and Natural Gas... All The Better to Keep Monopolistic Powers in Place!

Posted by J.M. Hamilton Blog at 6/3/2010 8:29 PM | Add Comment

".... with early reports indicating a 15 to 25 percent increase in property coverages for rigs operating in shallow waters and up to 50 percent higher for deepwater rigs."

Posted by J.M. Hamilton Blog at 6/3/2010 8:28 PM | Add Comment

Money and Lobbyist Never Sleep!

Posted by J.M. Hamilton Blog at 6/3/2010 8:27 PM | Add Comment

The Article Really Doesn't Address Why Conventional Explosives Won't Work....

Posted by J.M. Hamilton Blog at 6/3/2010 8:25 PM | Add Comment

"Bottom line: Softening data out of China along with the problems in Europe and the concomitant elevation in the dollar exchange rate is likely to push out the timeline on China's renminbi revaluation."

Posted by J.M. Hamilton Blog at 6/2/2010 7:15 PM | Add Comment

Retro Blog: Bloomberg Dumps Private Equity's Quadrange, Founded by Buddy, Mr. Rattner! See Following Article...

Posted by J.M. Hamilton Blog at 6/2/2010 7:14 PM | Add Comment

Now We Can Imagine Why Mayor Bloomberg Quickly Removed $5 Billion from Private Equity's Quadrangle, Created and Operatated by Mr. Bloomberg's Friend - Steve Rattner!

Posted by J.M. Hamilton Blog at 6/2/2010 7:12 PM | Add Comment

"I just know that their business model is extraordinary.” Indeed, Mr. Buffett, Any Business Model would be Extraordinary, if the Feds Protected You from Legal Action (With a 10% Success Ratio), and You Openly Took Money from the Banks You Evaluated!

Posted by J.M. Hamilton Blog at 6/2/2010 7:11 PM | Add Comment

Rating Agencies Continue to Enjoy a Free Ride, As Judge Rakoff Dismisses Class Action Law Suit. Between the Rating Agencies and Fantasy Public Accounting, No Investor is Safe!

Posted by J.M. Hamilton Blog at 6/2/2010 7:10 PM | Add Comment

Gulf States Begin to Dump Euro! So Who Gets Burned by this Event? That would be U.S. and European Banks, and Western Governments Propping Up Same Banks!

Posted by J.M. Hamilton Blog at 6/2/2010 7:09 PM | Add Comment

"I think the environmental impact of this disaster is likely to have been very, very modest.": B.P. CEO, Mr. Hayward.

Posted by J.M. Hamilton Blog at 6/2/2010 7:08 PM | Add Comment

The Market is Responding to the Gulf Crisis, by Dumping BP's Stock...... Markets Sometimes Do Behave Rationally!

Posted by J.M. Hamilton Blog at 6/2/2010 7:07 PM | Add Comment

Mr. Gibbs added that the White House did not think BP “was forthcoming on what the impact would be of cutting the riser off.”

Posted by J.M. Hamilton Blog at 6/2/2010 7:06 PM | Add Comment

"West (Assistant AG) also lambasted Transocean for moving forward with a $1 billion payout of dividends to shareholders, saying that it added 'insult to injury.' "

Posted by J.M. Hamilton Blog at 6/2/2010 7:05 PM | Add Comment

“You have the great problem of a potential disintegration of the euro,” Volcker.

Posted by J.M. Hamilton Blog at 6/1/2010 8:41 AM | Add Comment

Retro Blog: "The intervention would be the fourth time that the United States has had to step in to help A.I.G., the giant insurer, avert bankruptcy."

Posted by J.M. Hamilton Blog at 6/1/2010 8:25 AM | Add Comment

Big Oil Sweats the BP Crisis.... Remember: The Horse and Buggy Did Not go the way of the Dinosaur, because The World Ran Out of Horses...

Posted by J.M. Hamilton Blog at 6/1/2010 8:23 AM | Add Comment

AIG Can Afford to Reject the Counter Offer, After All They are Backed by the Full Faith and Credit of the U.S. Government, and Nobody at Fed or Treasury is Putting Pressure on AIG to Repay Their Debt...

Posted by J.M. Hamilton Blog at 6/1/2010 8:22 AM | Add Comment

Mr. Gross lays out the breakeven point, sovereign debt to GDP ratio, at which point public sector debt becomes a drag on an economy...

Posted by J.M. Hamilton Blog at 6/1/2010 8:20 AM | Add Comment

“If this doesn’t work, you are looking at August before you can kill the well."

Posted by J.M. Hamilton Blog at 6/1/2010 8:19 AM | Add Comment

Main Navigation

Quick Search

Calendar

Syndicate

Monthly Archives

Category Archives

Tag Cloud

Recent Posts

Twitter Link

JMHAMILTONPUBLISHINGBLOG