The “everybody’s a real estate mogul” era started innocently enough, with a distaste for the stock market after the dot com meltdown and an incredibly long stretch of time with 1% interest rates. The leap from trading up in house size to using home equity loans for financing boat purchases certainly didn’t take very long. …
Options
Insider Trading Lesson 1: No Call Options
You guys are so stupid. The first thing the SEC looks at is the call option activity whenever there’s a high profile merger or takeover. Anything unusual is gonna be flagged. From DealBook: The Securities and Exchange Commission on Wednesday charged two men with running an $8.6 million insider-trading scheme connected to Dell’s $3.9 billion agreement…
Hot Links: Buffett & The Bikers
Stuff I’m Reading this Morning… Whistleblower Harry Markopolos says Credit Default Swap fraud will top the Madoff ponzi. (Clusterstock) Warren Buffett‘s latest op-ed just went up, it’s called The Greenback Effect. (NYT) Don’t look up, private equity firms are about to drop some REIT IPO’s on us. Sold to you. (DealBook) Chinese pig farmers speculating…
The Modified Uptick Rule Debate
Coming Soon! The following is not an argument for or against shorting, as that is a non-debate. The presence of short-selling is a necessary component of a free, liquid and healthy market. The question we’ll focus on here is what type of form the safeguards against abusive short-selling should take when the discussion by…
