Answers I Really Wanna Know: Is Paulson a Lame Duck?

Todd Harrison  Nov 18, 2008 9:45 am

Answers I Really Wanna Know: Is Paulson a Lame Duck?
 
The upcoming transfer of power may give the Treasury Secretary an "out."
 

 

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11-18-2008, 11:58 am
Bearing in mind the trader's employer, ITAU, just did a merger with another Brazilian bank, it may be a job loss, rather than a bad trade, that set the guy off. But maybe not, we Americans tend to underestimate the (several) effects of currency
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11-18-2008, 12:52 pm
VIX=68
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11-18-2008, 1:04 pm
For 2 reasons:
1. It proves you aren't prepared and couldn't play with the big boys.
2. Psychologically it takes a toll to accept point 1, and it takes a toll knowing you lost even though you think you played your best.
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11-18-2008, 7:59 pm
Does "the last bullet will be pointed inward" mean making the decision to devalue the dollar?

Or does the target remain yet to be determined?
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11-20-2008, 4:21 am
Come to Australia and enjoy the art of the Tim Tam!
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Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

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