Disqus - Latest Comments for CocktailsForTwo

Re: True Believer

Guillermo Roditi — Fri, 19 Jun 2009 16:19:26 -0000

shouldn't it be "Le Grand"? or even "Il Grand"? but "Il Grande" looks wrong.. I mean, unless the German nihilists actually cut off his johnson...

Re: The Biggest Financial Company You Have Never Heard Of

Guillermo Roditi — Wed, 10 Jun 2009 13:11:42 -0000

That last sentence is fucking bullshit, TD. I work for a small scale retail brokerage operation (read: < 4B in AUM; introducing, not clearing) and the DTCC is one of the only competent organizations in the game. They provide settlement and clearing data at amazing turnarounds, save millions of man-hours by consolidating payment streams, continually move money around from party to party with unprecedented efficiency and they do it all at such a small cost and such high efficiency. They create central points of contact, are quite open with the data they can provide and will provide any necessary data. Their engineers work side by side with us no matter how big/small we are to provide us better, more accurate data feeds at minimal additional costs. It's not their fault you can't put together some analysis out of their data, their looping file record descriptions are 1000x better documented, better presented, more logically correct, and less likely to contain errors than any other vendor I have ever dealt with (FINRA, JPM, Bear, RJ, Pershin, Fidelity, NFS, v mutual funds / ins companies, NSCC, MSRB, TRACE, FANMail & CRD ) you are out of your element talking about their technical offerings

Re: ✖

Guillermo Roditi — Mon, 08 Jun 2009 18:00:28 -0000

oh wow. i knew checking tumblr once in a while would pay off someday.

Re: Negative Convexity Pain Preparing To Go Orbital

Guillermo Roditi — Mon, 08 Jun 2009 13:20:44 -0000

oh snap. can't believe i didn't put 2+2 together there

Re: Negative Convexity Pain Preparing To Go Orbital

Guillermo Roditi — Mon, 08 Jun 2009 12:40:32 -0000

I don't get it, why would higher rates matter? isn't the issue with the negative convexity bonds that dropping rates cause refis (calls)? It seems like increasing rates would just have the same downward pull on the bond price that regular bonds do, no?

Re: Senate Expands FDIC Credit Line To $100 Billion

Guillermo Roditi — Thu, 07 May 2009 14:59:23 -0000

Original spreadsheet: http://spreadsheets.google....
I'll be keeping this updated as the FDIC releases more data and if they respond to my FOIA request for the DIF's balance as-of 01 May, 2009.

Please not that the fund derives income from interest on the fund's balance, that losses are not actual, but expected and that the fund receives about 3.2B annually from banks to insure the deposits (7 basis points on insured deposits)

Re: Well what a fascinating use of government-bankrolled hours for the taxpayers of both countries!!

Guillermo Roditi — Fri, 27 Mar 2009 22:00:46 -0000

are you writing there regularly now?

Re: I Heart Steve Liesman

Guillermo Roditi — Sat, 21 Mar 2009 17:17:06 -0000

They should create a new position in Washington for people who are tasked with keeping Congress people informed about current issues that are outside of the realistic scope of general knowledge. These people can't obviously know everything about everything, but they should be required to attend a couple of informative sessions a week each lasting anywhere from 30min to n hrs. You should be there, educating these people. That would be one of the things I would be delighted to have my tax monies go to.

--G

Re: connecting the dots...

Guillermo Roditi — Mon, 02 Mar 2009 20:57:10 -0000

great book