Meletio's call

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Jan 11, 2010 4:32 pm

Hey weren't we supposed to be down around 940 or something a couple of months ago?

DD - What happened?

Jan 12, 2010 12:09 pm

Don't worry about Mel.  He had a few other (secret) positions that made money - enough to cover his $12.67.

Jan 12, 2010 12:57 pm
mlgone:
Moraen:

Hey weren't we supposed to be down around 940 or something a couple of months ago?DD - What happened?



exposed as the worst call ever.........





worst call ever?





ken Thompson

buying 140 B of oakland Ca option arm loans in 07?

Jan 12, 2010 1:07 pm

That was a tax write off.

Jan 13, 2010 10:51 am
mlgone:

BOA buying ML in Nov 08

 
Wachovia buying Golden West Financial, then AG Edwards and then being bought by Wells Fargo!!!!! WTF
Jan 13, 2010 3:11 pm
BigKahuna:
mlgone:

BOA buying ML in Nov 08



Wachovia buying Golden West Financial, then AG Edwards and then being bought by Wells Fargo!!!!! WTF





That was ken Thompson

see above



(BTW   WS had a SELL on gwf when mensa boy Kenny bought em.



Read the report, the guy was pretty darn bearish on housing and the "pick-a-pay" nuclear cesspool of loans WB bought.



sad Thompson was truly a nice man





Buying MER was smart in the LONG run