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Dear Brad and Mark (et al.)

…cents on the dollar, and most of the buyers have been hedge funds acting opportunistically on a bet that prices will rise over time. However, sources said Citi and BofA

Will we see the guarantees?

Barclay’s walks, BofA may buy….what are the guarantees involved with tax money? How did Bear Stearns and others work out in costs?…

Trying to Short Joe Biden

…immediate reaction was to attempt to go short the possibility that Obsidian Wings-favorite Vice Presidential candidate, Joe Biden (D-BofA [nee MBNA]) would be chosen.* But I can’t find the contract…

Old Vet looks ahead for more action

…listed below indicate RELATIVE rather than absolute cash exposure. Trillion $ of notional derivative exposure JP Morgan $91.7 Citicorp $34.0 BofA $32.1 Bear Stearns $13.4 Morgan Stanley $7.1 Wachovia $5.2…