zerohedge.blogspot.com
Zero Hedge: A Graphic Representation Of The Citi Arb Carnage, Over $5 Billion In Losses
http://zerohedge.blogspot.com/2009/03/graphic-representation-of-citi-arb.html
ON A LONG ENOUGH TIMELINE, THE SURVIVAL RATE FOR EVERYONE DROPS TO ZERO". Wednesday, March 18, 2009. A Graphic Representation Of The Citi Arb Carnage, Over $5 Billion In Losses. Posted by Tyler Durden. It took all of 2 weeks for the Citi Common-Preferred. The assumptions are broad - I welcome any adjustments to this calculation). And let's not forget the funding cost: one year term borrow on Citi shares from broker dealers that still can find a few repoable shares, can be as high as 200%! March 18, 2009 ...
zedsez.blogspot.com
Zed Sez: November 2008
http://zedsez.blogspot.com/2008_11_01_archive.html
An exploration of . just about anything that catches my interest. Friday, 28 November 2008. Things seem to be starting to come together finally. Yesterday I did a guest blog for IndexUniverse.com. About my specialty subject - securities lending. And how it applies to Exchange Traded Funds. Their area of expertise. Then Phase 2 - more detail and maybe some of the headlines and objectives to try to capture their interest. 15% of them will want to keep going making it 5 or 6 firms. The completed document is...