Put down under: Uncategorized twofish @ 7:19 some comments, which I on Brad Delong s of website. http:delong.typepad.comsdj200811le-citi-toujour.html something, that is also important, is it at the time element. If the things begin themselves badly, like fast them start go badly. The risk is the classical bank runs. As soon as your balance begins goes badly, humans wants their money increasing the causes of your losses. In the case of the Bear Stearns and Lehman Brothers, this run unfolds very, auto loan Colusa auto loan Colusa auto loan Colusa very fast. The existence in both enterprises sank within one week. The reason for it is that their business model contains loan at short notice for financing on a long-term basis. If you run over a bank, which is not dead short term raising of credit any more, and one. In the case of Lehman and Bear Stearns, the
things were happen over
a hourly of hourly
basis. In case of Guard fatally shoots man armed with swords at Scientology building - Los Angeles Times the Citigroup, it has Guard fatally shoots man armed with swords at Scientology building - Los Angeles Times insures inserts and liquidity Guard fatally shoots man armed with swords at Scientology building - Los Angeles Times agreement with the federal reserve. This means that, if something bad happens is it disintegrates very many more slowly, and gives you time to think about which is to be done. The thing, you to it, are not to be done, auto loan Colusa those have to pay attention the problem still worse. If you say or do a crisis of the confidence, auto loan Colusa then, the wrong thing, only panic humans still more. On the other side, the other danger consists
of the auto loan Colusa fact that by nothing to do, on the theory that does something, become humans panic, you run
the risk, in such a way, as if you are except house touch themselves and this Minorities fear trend from California gay marriage ban - Reuters panic humans still more. Even if one
the systemic long-term problems with Citigroup gives oneself it to two: 1) Citigroup has more person Minorities fear trend from California gay marriage ban - Reuters employed retention of the same quantity of money than the megabanks. The dismissals with Citi became more than its competitors, because before the Minorities fear trend from California gay marriage ban - Reuters crisis the occupation numbers were higher. 2) the business model that auto loan Colusa Citigroup was in front, if she never gelled completely pushed for the passage of gram Leach Billey.
The idea was that Citi would be their One stop shop financial services, but they never were auto loan Colusa able, quite, in order to work these. James Gary: The central thesis from the original post office
seems to be that Citibank are s of problems on incorrect distribution effects assumptions into risk models. auto loan Colusa What did these Missing Illinois Student Found Dead in Fraternity Storage Closet - FOXNews wrong assumptions become special? Is there a quantitative way to describe? Please advise. The
fundamental acceptance wrongly, the computation of the probability the fact that mortgage becomes badly if badly goes to another. A possibility to break about Missing Illinois Student Found Dead in Fraternity Storage Closet - FOXNews the fact of thinking is that a way of the computation of the probability that a window will break, if another breaks is to see on
historical windows break auto loan Colusa rates and about it to think, how probable it Missing Illinois Student Found Dead in Fraternity Storage Closet - FOXNews is that a window break will lead to the fact that other windows. The problem comes into is, if you become a category five hurricane hit,
then all of auto loan Colusa the windows will break at the same time. It s more badly, if at a place, in a hurricane intends you never hit. The two Cincinnati house fire kills 3 children - The Associated Press things, which examine the risk of models didn t, became 1), if a thing goes badly, everything become bad, and 2), only
because somewhat ever auto loan Colusa happened forwards, doesn t do not mean that it can pass t. There were probably some meetings before few years a someone said, where
the Cincinnati house fire kills 3 children - The Associated Press only way, we could in difficulties are, if we a repetition of 1929. That auto loan Colusa is larger, to you has a repetition of 1929. This to very deep philosophical problem, causes a quantity of problems for the moment. They are concerned usually with the future, by them into the past, but if them itself
in Cincinnati house fire kills 3 children - The Associated Press a situation, where you have something that isn t completely like everything that them auto loan Colusa VE ever seen, what you do? How do you judge auto loan Colusa to predict, those unforeseeably or do know the unknowable? Finally there was particularly bad acceptance. In each CDO model I VE seen, which were acceptance that them D in
the situation, again 40% of the value of
the loan. This is partially, because CDO models and CDO s were originally for instance corporate bonds, and auto loan Colusa if an enterprise goes down, it is very well organized auto loan Colusa process for the society alive and Cops Say Seattle-Area Mall Shooting Could Be Gang Related - FOXNews settlement of losses, and 40% with the utilization isn t appropriate acceptance, if you are the creation of a safety off of corporate bonds. It turns out, to very bad acceptance
for Subprime mortgages. If an enterprise goes badly, you have usually still another factory or a stocktaking, which sells themselves fast, in the consideration that, if a house gets projects, which become auto loan Colusa unsalable you at the end with Cops Say Seattle-Area Mall Shooting auto loan Colusa Could Be Gang Related - FOXNews something, May. S it also badly,
because, if it a CDO from a security of mortgages in place of mortgages itself, it at the end the concentration risk. It is one
point that more must be made, and which is the reason, why Citi began really problems of the past week and not before this. After everything, Citi s balances, was and it s of enterprises of mortgages admits for year. Why do Manhole fires zap power in Theatre District, Back Bay - Boston Globe Cops Say Seattle-Area Mall Shooting auto loan Colusa Could Be Gang Related - FOXNews all have suddenly panic of the
last week? The reason for it is that it dawned s on all that we in May for a really bad recession. If it were the situation that all Citi had to do, to write Subprime, then it became t a problem. Which does not have humans
spooked is the Subprime (since we admits VE that auto loan Colusa for months), but if we get you to 8-10% unemployment, humans Manhole fires zap power in Theatre District, Back Bay - Boston Globe then no longer pay prime mortgages, auto loan Colusa credit cards, autoloan, loan and student. If all, which go badly, then,
what was before the large fortune now in duds. Thus we are really view of bad cycle. If something bad happens, GM, Sie have in delay unemployed person present on their car As Bush's Term Ends, Some Big Names Seek Pardons - Washington Post of credits and credit cards, which Citi concerns, which is worse then more influence on
enterprise, etc. etc. which s that we in one auto loan Colusa after the elections gap, in which it was not in, which Manhole fires zap power in
Theatre District, Back Bay - Boston Globe you said in watching television and, we works on this and everything becomes in order. A piece the good message is that the way to hell happens, auto loan Colusa week for week, you time, around the spiral downward. In the case of Lehman and Bear Stearns, the way to hell was passes hour around hour.
Monday, November 24, 2008
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