Janet Tavakali, on credit mess

Collarspace Discussion Forums

Home Login Search

Janet Tavakali, on credit mess

View related threads: (in this forum | in all forums)

Logged in as: Guest

All Forums >> [Casual Banter] >> Off the Grid >> Janet Tavakali, on credit mess

Page: [1]

Message

<< Older Topic Newer Topic >>

Janet Tavakali, on credit mess - 3/15/2008 3:15:19 PM

pahunkboy

Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline

http://www.chicagogsb.edu/news/2005-11-17_finance_roundtable.aspx

http://www.tavakolistructuredfinance.com/structuredfinance.html

I find her take on the markets to be right on. I hadnt heard of her until yesderday, and I googled her. In short- we are in the mess due to "junk economics" and "black box accounting" which one pretty much must trust what the assets value is due to hidden and mysterious balance sheets.

Of the experts- a few dozen- none can tell us decidedly what is the problem.

Meanwhile the lending industry fighting "disclosure" - even tho Bush endorses such.

Profile

Post #: 1

RE: Janet Tavakali, on credit mess - 3/15/2008 4:44:34 PM

SugarMyChurro

Posts: 1912
Joined: 4/26/2007
Status: offline

So what good is the SEC then? Any oversight? Or Edgar? Or any safeguards?

That's right...

(in reply to pahunkboy)

Profile

Post #: 2

RE: Janet Tavakali, on credit mess - 3/15/2008 4:56:20 PM

Real0ne

Posts: 21189
Joined: 10/25/2004
Status: offline

Exactly like 911 sleeping at their posts and they only wake up long enough to pick up their check every week!

No oversite but if I remember right utopian ranger brought this to our attention over a years ago!

< Message edited by Real0ne -- 3/15/2008 4:57:25 PM >

_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

(in reply to SugarMyChurro)

Profile

Post #: 3

RE: Janet Tavakali, on credit mess - 3/16/2008 5:09:17 AM

pahunkboy

Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline

seeing this lady explain it is -refreshing. i seen her on bloomburg tv. [investment channel] i prefer CNBC, but dont have that in my channels right now. any event- good bad or otherwise investors ask- how can i make money off of it.

the current problem isnt so much a perception problem, as a 'i cant decipher the fine print" deal. every 3 bears they have a bulll expert- but the bulls are laughble right now. IMO we have several weeks, a few months to arrive at the bottem. [if we are lucky]

there are more shoes to drop.

i myself got out of gold. why? it was too tied to stocks and not the metals. so it wasnt really a hedge. gold broke $1000 an ounce briefly.

(in reply to Real0ne)

Profile

Post #: 4