From wallstcheatsheet.com.- Transocean walked away from the mess with over a quarter billion dollars because they insured Deepwater Horizon for well above book value. How did we come across such scathing confidential information? The company executives proudly assuaged investors’ fears by announcing the good news during Transocean’s recent quarterly earnings conference call. Here’s the fun bit: [more]
The secret knowledge and the secret gold market. From our friends at GATA. A short read. Regards.
From Bloomberg this morn. Wow. Out of 63 trading days, 35 were up $100m plus. Rember how concerned they were when their trading program was "lifted" because "in the wrong hands", the market could be manipulated? C'mon, not a single losing day? Sum Ting Wong.