This has been a glorious week, but I see there’s ONE company that hasn’t gotten the memo: Nvidia. So, moments ago, I bought a bunch of June $270 puts out of nothing but sheer spite. Come and get me!
Enough is Enough
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Purple Guts
Updated Oligarchs
First Republic Deposit Infusion Fails To Quell The Crisis (by Portfolio Armor)
Janet Yellen Plays J.P. Morgan
According to the four women at Bloomberg who wrote this article, the $30 billion deposit infusion from big banks to First Republic Bank (FRC) was Janet Yellen’s idea:
Jamie Dimon and Janet Yellen were on a call Tuesday, when she floated an idea: What if the nation’s largest lenders deposited billions of dollars into First Republic Bank, the latest firm getting nudged toward the brink by a depositor panic […]
Already the rescue spearheaded by Dimon is sparking comparisons to the Panic of 1907, when J. Pierpont Morgan — who built up the company Dimon now leads — corralled Wall Street financiers into his private library and browbeat them into propping up the Trust Company of America, seeking to stop a string of bank runs that threatened to upend the industry.
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