Bulls, Bears & Bucks #53: Megaverlies Royal Bank of Scotland

Index

» werk, geldzaken, recht en de beurs

actieve topics nieuwe topics
abonnement Unibet Coolblue Bitvavo
pi_65771125
quote:
Average New Yorkers get their own 'Bailout Bill'
Web site gives out $50,000 a day to people in need


Hey little guys and gals, it's your turn.
'Bailout Bill' doled out money to New Yorkers in need from a booth on 7th Ave. and W. 46th St.

It was a bailout for the rest of us.

Hundreds of down-on-their-luck New Yorkers spent hours in line near Times Square this week, hoping for a generous handout from a stranger. While the gesture was a publicity stunt for Bailoutbooth.com, a new video classifieds site, the recipients didn't care - and were happy to trade their tales of woe for cash.

"I only make $180 a week. With two kids, it's tough," said Pedro Aponte, 42, of East New York, a technician whose hours recently got slashed. "I told my wife, I'm gonna go to this thing to get money for food and gas." Aponte got $50 and promptly spent $49.71 on paper towels, fresh produce, chicken and other food, including two popsicles for his sons, Jonathan, 2, and Javon, 8.

Like almost 800 other people on Tuesday and Wednesday, Aponte lined up early in the morning and waited patiently to speak to a guy in a booth called "Bailout Bill." After hearing heart-wrenching stories about layoffs, illnesses and general bad luck, Bill decided how much they deserved. While most folks got $50 or $100, a lucky few took home up to $3,000 for a total of $50,000 each day.

Rosario Cisleros, 48, of Jamaica, Queens, wept as Bill handed her $100. The single mom of two kids, 14 and 17, said she would use the cash to do laundry. "My bills are just too high," she said. "I don't know what to do."

For many, asking for a handout was not easy. Rafael Morales, 43, of Washington Heights, said he would rather not stand in a line for help. But after losing his job at a homeless outreach organization, he needed a way to provide for his 12- and 8-year-old kids. "Your pride gets in the way of waiting on line like this, but you do what you have to do," said Morales, who planned to use his $100 to buy food and a MetroCard so he can keep looking for work.

Pablo Acevedo, 59, of the Bronx came with proof that he is struggling -- a passed-due notice showing he is two months behind on his rent. He has found only part-time work since he lost his job as a security guard at, of all places, Lehman Brothers. He'll put the $100 toward the $1,553.46 he owes.

"To be honest, I could use more help than they gave me," he said. "But it still helps out a lot."
Leuke stunt
When the student is ready, the teacher will appear.
When the student is truly ready, the teacher will disappear.
pi_65774051
quote:
Russia, East Europe Stocks Face ‘Massive’ Drop, Roubini Says

By William Mauldin

Feb. 4 (Bloomberg) -- Russian and eastern European equities may fall further because earnings and other fundamental measures mean little in the current economic turmoil, said Nouriel Roubini, the New York University professor who forecast a U.S. recession two years ago.

“In market dynamics, prices can move far below what fundamentals justify,” Roubini said in an interview in Moscow. “There is still a massive downside for equities in the region.”

Russia’s RTS Index plunged 72 percent last year, its first decline since 2000, as commodity prices fell and capital fled the country amid the country’s worst financial crisis in a decade. The NTX Index of central and eastern European stocks dropped 57 percent in 2008.

“They may stagnate there for a while, and there’s not going to be any recovery,” Roubini said. “For the time being, it’s going to get ugly.”

The RTS is trading at 0.5 times book value, or the net asset value of its 50 companies, lower than the 1.4 times book value for the MSCI Emerging Markets Index, a global benchmark index for developing economies, according to weekly data compiled by Bloomberg.
http://www.bloomberg.com/apps/news?pid=20601085&sid=aWHaLfV69mFI&refer=europe
President Camacho
TV series: Boardwalk Empire | Burn Notice | Dexter | Game of Thrones | Impractical Jokers | Luther | Sherlock | Sons of Anarchy
pi_65774130
Kazachstan is ook de sjaak...

http://www.bloomberg.com/apps/news?pid=20601085&sid=a4.VMGA8QCsg&refer=europe

Kazakhstan Devalues Tenge 18%, Turns to Russia for Bank Rescue
quote:
Nouriel Roubini, the New York University professor who forecast the U.S. recession two years ago, said the amount of foreign debt accumulated by banks puts Kazakhstan at risk of a crisis similar to Iceland, which had to be rescued by the International Monetary Fund as lenders failed.

“Kazakhstan looks like a small version of Iceland with its banks borrowing from abroad,” Roubini said in an interview today. “A currency crisis becomes a banking crisis, it becomes a housing crisis, a sovereign-debt crisis, it becomes a corporate crisis because each one of these agents in these economies has a large amount of foreign liabilities.”
President Camacho
TV series: Boardwalk Empire | Burn Notice | Dexter | Game of Thrones | Impractical Jokers | Luther | Sherlock | Sons of Anarchy
pi_65798677
quote:
Op vrijdag 6 februari 2009 13:24 schreef pberends het volgende:
Willem Middelkoop-special op RTL Z nu!
Woensdag was hij overigens nog bij Pauw en Witteman: http://player.omroep.nl/?aflID=8829898
quote:
Willem Middelkoop stelde in een aflevering van De Wereld Draait Door dat het voor spaarders absoluut niet nodig was om hun geld van hun rekeningen te gaan halen, terwijl hij dat zelf wel had gedaan.

Middelkoop zegt dat het verstrekkende gevolgen zou hebben als circa 1 miljoen televisiekijkers hun rekeningen hadden geplunderd.
.
President Camacho
TV series: Boardwalk Empire | Burn Notice | Dexter | Game of Thrones | Impractical Jokers | Luther | Sherlock | Sons of Anarchy
pi_65803927
Geinige quote:
quote:
“Owners of capital will stimulate the working class to buy more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debts become unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized and state will have to take the road which will eventually lead to communism.”

Karl Marx, 1867
quote:
It always turns out

better than feared

and

worse than hoped for
pi_65804252
Faber updates: Faber: VS op weg naar hyperinflatie

Marc Faber ger rid of your cash buy commodities while they are still cheap !!!!!!
Marc Faber ger rid of your cash buy commodities while they are still cheap !!!!!!
quote:
Buy Cisco, Intel, U.S. Technology Shares, Faber Says (Update1)

By Michael Patterson and Ken Prewitt

Feb. 6 (Bloomberg) -- Investors should buy U.S. technology stocks after prices fell near the lows reached after the dot-com crash in 2000, investor Marc Faber said.

Cisco Systems Inc., Intel Corp., Microsoft Corp. and Oracle Corp. shares will outperform U.S. Treasuries over the next five to 10 years, Faber, managing director of Hong Kong-based investment firm Marc Faber Ltd. and publisher of the Gloom, Boom & Doom Report, said in a Bloomberg Radio interview today.

“You could make a case that in the U.S. some equities have come down a lot and are inexpensive,” Faber said. “In Nasdaq stocks, in high-tech companies, we have a base-building period.”

The Nasdaq Composite Index, which gets more than 40 percent of its value from technology shares, tumbled 46 percent since October 2007 as a global recession caused businesses and consumers to cut spending on software, computers and hand-held electronics. The index closed at 1,546.24 yesterday, compared with its closing low this decade of 1,114.11 on Oct. 9, 2002.

Technology companies with the biggest cash hoards are better positioned to grow earnings when the economy rebounds because they can maintain spending on research and development, Faber said.

“In a crisis like we have now the weak competitors don’t have the money to carry out R&D, whereas the strong competitors have that money,” said Faber. “When the crisis comes to an end, the strong competitors emerge in a relatively stronger position.”

Cisco Sales

Cisco, the largest maker of networking equipment, declined 30 percent in Nasdaq trading over the past year. The San Jose, California-based company projected third-quarter sales this week that trailed analysts’ estimates as the recession forced customers worldwide to slash their budgets.

Technology spending in developed countries will fall 8 percent in 2009, according to Goldman Sachs Group Inc.

Cisco shares climbed 3.2 percent yesterday to $16.35. Microsoft Corp., the world’s largest software maker, added 2.2 percent to $19.04. Intel, the biggest semiconductor maker, increased 2.7 percent to $14.25 and Oracle, the second-largest software maker, added 2.4 percent to $17.62.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aCbboIyqfIZE&refer=us

mms://media2.bloomberg.com/cache/vJxYIrQzGc8Q.asf Bloomberg interview 6 februari
quote:
Dr. Doom: There's Value in Asia, Inflation in the US

One of Warren Buffett's favorite metrics is market capitalization as a percentage of gross national product. He thinks when GNP is down to about 75 percent or so, it's a good time to buy.

Marc Faber, editor and publisher of The Gloom, Boom & Doom Report tells CNBC's Asia Squawk Box that by these standards, the U.S. market is not particularly cheap.

"If you take say, the Dow Jones or the S&P in real terms, in other words, inflation adjusted or the market cap in the U.S. as a percentage of GDP... it's still close to a hundred actually, it's not at 75 (percent), and by historical standards, it’s still very high," Faber said.

Faber feels that Asian markets are far better value that U.S. equities -- you get paid to wait in Asia -- and Faber doesn't see a huge downside risk, but rather an upside potential.

"If you look at the dividend yield in Asia compared to the bond yield, it's about three times higher. So even though we will have dividend cuts for sure, I think that as a shareholder, you begin to be paid by waiting," Faber asserts.

Faber, better known as Dr. Doom, believes that there still is tremendous downside momentum in the global economy.

" ... We fell off a cliff, and now the news will remain bad, but maybe not quite as bad as over the last few months. And then the Goldilocks crowd that is always around us, and will never give up -- no matter what -- they will say now, see the global economy is improving. Let’s buy," Faber adds.

Faber also sees inflation as a major factor in the future of the U.S. economy.

"We have the Austrian school -- the school of rational expectations, monetary schools. And in the U.S., we have a totally new school, and it's called the Zimbabwae school. And it’s founded by one of the great leaders of this world, Mr. Robert Mugabe. He has managed to totally impoverish his own country. And that is the monetary policy the U.S. is pursuing. If something is going wrong, print. If it doesn’t get fixed print more. If it then goes even worse, print more."

Faber sees hyperinflation as a possible consequence of the loose monetary stance the U.S. is taking, though he doesn't believe that they are there yet.
Zie de 2 filmpjes op: http://www.cnbc.com/id/29045187

"And then the Goldilocks crowd that is always around us, and will never give up" Geweldige uitspraak .
President Camacho
TV series: Boardwalk Empire | Burn Notice | Dexter | Game of Thrones | Impractical Jokers | Luther | Sherlock | Sons of Anarchy
pi_65804256

DAX:
pi_65804538
En dan te bedenken dat deze crisis nog erger is dan die van 2000-2003 . Er kan nog wel wat vanaf...
President Camacho
TV series: Boardwalk Empire | Burn Notice | Dexter | Game of Thrones | Impractical Jokers | Luther | Sherlock | Sons of Anarchy
pi_65804563
Lijstje ontslagen niet-financiele bedrijven. (bron: Reuters)
quote:
Europa
Bedrijf sector aantal datum


Renault Auto 6,000 Sept 09
Stora Enso Paper 3,150 Sept 10
Alitalia Airlines 3,000 Sept 15
Akzo Nobel Manufacturing 3,500 Sept 29
Daimler AG Auto 2,300 Oct 14
Volvo Auto/Equipment 5,960 Sept-Jan
ChTPZ Group Steel pipes 4,900 Nov 07
British Telecom Telecoms 10,000 Nov 13
Spansion Inc Semiconductor 4,000 Nov 18
Wolseley Plumbing/Heating 7,300 Nov 18
PSA Peugeot-Citroen Auto 3,550 Nov 20
Rolls-Royce Engine maker 1,500-2,000 Nov 20
Sandvik Tool maker 2,400 Nov 20
Skanska Construction 3,400 Nov 25
ArcelorMittal Steel 9,000 Nov 27
Telecom Italia Telecoms 9,000 Dec 3
SKF Bearings 2,500 Dec 10
Rio Tinto Mining 14,000 Dec 10
Stanley Works Tools 2,000 Dec 11
Electrolux Home Appliance 3,000 Dec 15
Laird Plc Electronics 5,000 Dec 16
Elcoteq Electronics 5,000 Jan 15
Metro AG Retail 15,000 Jan 20
Philips Electronics 6,000 Jan 26
Corus Steel 3,500 Jan 26
STMicroelectronics Chip maker 4,500 Jan 27
SAP Software 3,300 Jan 28
GKN Plc Aerospace 2,800 Oct/Jan
AstraZeneca Plc Drugmaker 6,000 Jan 29
Atlas Copco Machinery 3,000 Feb 02
SAS Airlines 8,600 Feb 03


Noord Amerika
Bedrijf sector aantal datum


Hewlett-Packard IT 24,600 Sept 15
Federal Mogul Auto, Engg. 4,000 Sept 17
Micron Technology IT 2,800 Oct 09
Merck & Co Pharma 6,800 Oct 22
XEROX CORP Technology 3,000 Oct 23
Chrysler LLC Auto 6,000 Oct 24
Whirlpool Corp Consumer 5,000 Oct 28
Gannett Co Inc Media 3,200 Oct 28
YRC Worldwide Inc Transport 3,750 Oct 29
Motorola Mobile phones 7,000 Oct/Jan
Ford Motor Co Auto 2,260 Nov 07
DHL Express BV Transport 9,500 Nov 10
Sun Microsystems IT Up to 6,000 Nov 14
Pepsi Bottling Group Inc Soft drink 3,150 Nov 18
AT&T Inc Telecom 12,000 Dec 4
DuPont Chemical 2,500 Dec 4
Avis Budget Group Inc Car Rental 2,200 Dec 4
Dow Chemical Co Chemical 5,000 Dec 8
Wyndham Worldwide Corp Hotel 4,000 Dec 8
3M Co Manufacturer 2,300 Dec 8
Office Depot Inc Retail 2,200 Dec 10
BorgWarner Inc Auto 3,000 Dec 11
Ryder System Inc Truck Leasing 3,100 Dec 17
Textron Inc Airlines 2,200 Dec 22
Alcoa Inc Aluminum prod 15,000 Jan 6
EMC Corp IT 2,400 Jan 7
Dell IT 1,900-3000 Jan 8
Boeing Co Airlines 4,500 Jan 9
Cessna Aircraft Airlines 2,000 Jan 12
MeadWestvaco Corp Packaging 2,000 Jan 15
Hertz Global Hldgs Inc Car rental 4,000 Jan 16
Eaton Corp Manufacturer 5,200 Jan 20
Intel Corp IT 6,000 Jan 21
Microsoft Corp IT 5,000 Jan 22
Texas Instruments IT 3,400 Jan 26
Sprint Nextel Corp Telecom 8,000 Jan 26
Home Depot Inc Home Improvement 7,000 Jan 26
General Motors Corp Auto 2,000 Jan 26
Caterpillar Inc Earth-Moving Equipment 21,610 Jan 26/30
Pfizer Inc Pharma 19,500 Jan 26
Molex Inc Electronics 9,300 Dec/Jan
Corning Inc Manufacturer 4,900 Jan 27
Jabil Circuit Inc Electronics 3,000 Jan 28
Eastman Kodak Co Camera, printing 4,500 Jan 29
Macy's Inc Retail 7,000 Feb 02
Cisco Systems Inc IT 1,500-2000 Feb 04
Estee Lauder Cos Inc Cosmetics 2,000 Feb 05


Aziė
Bedrijf sector aantal datum


Nissan Auto 2,500 Oct 13
Sony Corp Electronics 16,000 Dec 9
TDK Corp Electronics 8,000 Jan 8
Lenovo Group IT 2,500 Jan 8
BHP Billiton Ltd/Plc Mining 6,000 Jan 21
Panasonic Corp Electronics 15,000 Feb 4


Afrika
Bedrijf sector aantal datum


Lonmin Mining 5,500 Nov/Dec
  vrijdag 6 februari 2009 @ 22:14:49 #290
89730 Drugshond
De Euro. Mislukt vanaf dag 1.
pi_65816893
quote:
Financien VS ontvouwt maandag "uitgebreid" reddingsplan banken
De Amerikaanse minister van Financien Timothy Geithner zal maandag een "uitgebreid plan" bekendmaken voor de financiele sector. Dat heeft een woordvoerder van het Amerikaanse ministerie van Financien donderdag gezegd. Verwacht wordt dat Geithner zal uitleggen hoe Financien het tweede deel van de $700 mrd, die is bedoeld om de bankensector te redden, zal gebruiken. Ook wordt uitgekeken naar andere plannen om de financiele markten uit de recessie te slepen.

Ambtenaren van Financien overwegen een aantal mogelijkheden om het geld uit het fonds in te zetten. Zo kan worden gedacht aan kapitaalinjecties of de creatie van een 'bad bank', die is bedoeld om besmette hypotheken op te kopen.
Is dit eindelijk de uitleg waar iedereen op zit te wachten?
Ben benieuwd of de VS daadwerkelijk overgaat tot een bad bank.
When the student is ready, the teacher will appear.
When the student is truly ready, the teacher will disappear.
  vrijdag 6 februari 2009 @ 22:41:51 #292
89730 Drugshond
De Euro. Mislukt vanaf dag 1.
pi_65817179
quote:
Op vrijdag 6 februari 2009 22:33 schreef Aether het volgende:
Ben benieuwd of de VS daadwerkelijk overgaat tot een bad bank.
Dan koop ik 4 bakken bier.
Dan gaan we lachen met de aandelen, VIX, en paniek.
  • Banken willen geen bad bank. Ook niet als de toxic bezittingen voor 90 % afgedekt worden (zoals ING).
    Ze moeten dan de kast opentrekken... en een groot deel van de assets (L2/L3) balans vrij geven. Dan zal duidelijk worden dat veel banken met en zonder steunoperatie feitelijk al failliet zijn (en dat is een signaal die men liever niet in de markt wil steuren).

    Het kan wel... maar dan moeten ze de bank eerst laten klappen... en dan een inboedelscheiding maken van good and bad. Maar de val van LEH-brothers heeft iets geleerd dat banken ook te groot kunnen zijn om daarmee te experimenteren.

    Uiteindelijk zal het laatste toch gebeuren.... en dan krijgen we een domino-effect. En als dat gebeurd zal het bijzonder pijnvol verlopen.

    En wat zijn bad-assets ?!.... de downturn is nu zo hevig dat zelfs prime hypotheken broke gaan.
    Op die manier kun je alles wel als toxic beschouwen. Van wat eigenlijk gezond zou moeten zijn.

    Een bad-bank of aggresor-bank heeft geen systeemgrenzen.... het kan groter worden als de downturn groter wordt.... en blijft dus aan het financiėle infuus liggen. Dat is een one-way ticket als je die stap maakt.
    • De EU is op sterven na dood.
    The book argues that the euro is worth saving, but this will require reforms and some countries may be forced to leave. Geschreven door 1 van de founding fathers van de euro
    pi_65830412
    quote:
    Op vrijdag 6 februari 2009 22:41 schreef Drugshond het volgende:

    [..]

    Dan koop ik 4 bakken bier.
    Dan gaan we lachen met de aandelen, VIX, en paniek.
  • Banken willen geen bad bank. Ook niet als de toxic bezittingen voor 90 % afgedekt worden (zoals ING).
    Ze moeten dan de kast opentrekken... en een groot deel van de assets (L2/L3) balans vrij geven. Dan zal duidelijk worden dat veel banken met en zonder steunoperatie feitelijk al failliet zijn (en dat is een signaal die men liever niet in de markt wil steuren).

    Het kan wel... maar dan moeten ze de bank eerst laten klappen... en dan een inboedelscheiding maken van good and bad. Maar de val van LEH-brothers heeft iets geleerd dat banken ook te groot kunnen zijn om daarmee te experimenteren.

    Uiteindelijk zal het laatste toch gebeuren.... en dan krijgen we een domino-effect. En als dat gebeurd zal het bijzonder pijnvol verlopen.

    En wat zijn bad-assets ?!.... de downturn is nu zo hevig dat zelfs prime hypotheken broke gaan.
    Op die manier kun je alles wel als toxic beschouwen. Van wat eigenlijk gezond zou moeten zijn.

    Een bad-bank of aggresor-bank heeft geen systeemgrenzen.... het kan groter worden als de downturn groter wordt.... en blijft dus aan het financiėle infuus liggen. Dat is een one-way ticket als je die stap maakt.
    • de bad bank heeft natuurlijk wel gouden mogelijkheden om grover risico's (plus bijbehorende winst/verlies) te nemen. mij lijkt het iig either way een bijzonder slecht plan.

    zeg, zullen we eens stemmen over "when will the shit hit the fan"?
    Your mind don't know how you're taking all the shit you see
    Dont believe anyone but most of all dont believe me
    God damn right it's a beautiful day Uh-huh
    pi_65831367
    Dubai is Bankrupt & Emirates are fucked !!!!!!!!!!!!!!!!!!!
    Dubai is Bankrupt & Emirates are fucked !!!!!!!!!!!!!!!!!!!


    het lijkt afkomstig te zijn van al jazeeraArabaicnews. naar het schijnt volgens sangdrax: "ze kunnen niet alles melden, maar wat ze melden is meestal correct."

    die abu dhabi zat toch ook in de citi?

    anywayzzzz, waarom ik het hier post: sommigen zien de oliestaten als potentieel redder, lijkt me niet dus.
    Your mind don't know how you're taking all the shit you see
    Dont believe anyone but most of all dont believe me
    God damn right it's a beautiful day Uh-huh
    pi_65834175
    quote:
    Op zaterdag 7 februari 2009 17:26 schreef simmu het volgende:
    die abu dhabi zat toch ook in de citi?
    » Tegenlicht: Sponsors voor Uncle Sam.
    When the student is ready, the teacher will appear.
    When the student is truly ready, the teacher will disappear.
    pi_65835297
    National Suicide: How Washington is Destroying the American Dream
    pi_65836461
    quote:
    Op zaterdag 7 februari 2009 21:22 schreef edwinh het volgende:
    [ afbeelding ]
    kruisje? de afbeelding wil niet. iig niet hiert alwaar de meesten het wel doen
    Your mind don't know how you're taking all the shit you see
    Dont believe anyone but most of all dont believe me
    God damn right it's a beautiful day Uh-huh
    pi_65842920
    Gaan we Gvd weer :S

    Royal Bank of Scotland to pay staff £1 billion in bonuses
    The Royal Bank of Scotland (RBS) is proposing to pay close to £1 billion in bonuses to its staff, just months after it was rescued by a £20 billion taxpayer bail-out, The Sunday Telegraph can reveal.

    http://www.telegraph.co.u(...)lion-in-bonuses.html
    National Suicide: How Washington is Destroying the American Dream
    actieve topics nieuwe topics
    abonnement Unibet Coolblue Bitvavo
    Bulls, Bears & Bucks #53: Megaverlies Royal Bank of Scotland
    Index

    » werk, geldzaken, recht en de beurs

    Forum Opties
    Forumhop:
    Hop naar:
    (afkorting, bv 'KLB')