tag:blogger.com,1999:blog-7905515.post5493356189519521782..comments2024-03-14T11:09:32.759-05:00Comments on Falkenblog: Warren's Warning to PPIP investorsEric Falkensteinhttp://www.blogger.com/profile/07243687157322033496noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7905515.post-81773037441373620442009-05-12T22:29:00.000-05:002009-05-12T22:29:00.000-05:00amongst those who ultimately shape policy, who rea...amongst those who ultimately shape policy, who really listens to warren? how effective has she been as the tarp watchdog? her recent assessment of the tarp program was for all intents and purposes ignored by the public...do you think that summers and his puppet geithner look to warren as a shill for their ideas? my sense is that they cringe when she opens her mouth. if summers has been effective in marginalizing volcker, i would guess that warren will be worn out by the summers rope-a-dope....more importantly, with the potemkin village financial accounting now sanctioned by the government and the fasb, who needs the ppip? if any firm sells assets into the ppip they are in effect contradicting the fiction of the "stress tests"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7905515.post-54634110714271037442009-05-12T18:09:00.000-05:002009-05-12T18:09:00.000-05:00Because it is a free put option. I've never seen a...Because it is a free put option. I've never seen any hedge fund walk away from an undervalued put option let alone a free one.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7905515.post-83179722051410320792009-05-12T15:42:00.000-05:002009-05-12T15:42:00.000-05:00Which is why most hedge funds won't invest much un...Which is why most hedge funds won't invest much unless they're major bank bondholders. The bondholders get the taxpayer money coming (via TARP) and going (via FDIC non-recourse loans).Anonymousnoreply@blogger.com