Using Veritas to Construct the "Per…

29-04-2017 Hits:93391 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:84613 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:84530 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:89089 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:87566 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:87377 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:58543 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:86910 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:86525 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:86870 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:93186 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:90513 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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This is a live blog of a Bear Stearns conference call held today regarding its need for emergency funding.  All times are Eastern Daylight.

12:40p Bear Stearns to release Q1 earnings earlier than scheduled, on Monday (March 17) after the closing bell.


Bear Stearns says its been affected by rumors.  Although cap ratios are in good shape, liquidity deteriorated due to the rumors it was having a liquidity problem.

12:41P People scared by rumors tried to get cash out.  Bear tried to respond, but problem accelerated.  Realized yesterday that it might not have enough money to give to those withdrawing.  Wanted more time to get facts out to the marketplace.

12:42P In consultation with Lazard, decided to talk to JPMorgan to get some liquidity to buy time and get facts out into the marketplace.  Will have more information when earnings released on Monday.

12:43p Bear remains comfortable with analysts' forecasts for first quarter results.

12:44P Will continue to persue "alternatives" trying to protect customers while enhacing shareholder value.

12:45P Bear wasn't having significant liquidity problems at beginning of the week.  On Thursday experienced "pretty broad cash outflows."

12:48P Any acceleration in requests for cash today?  Answer: Nothing materially different than earlier in the week on prime brokerage and repo.

12:50P One of the reasons we went to JPMorgan is that it is the clearing agent of our collateral, so easy for them to see the kind and quality of the collateral that we have available, and so could move quickly.

12:52P No material changes in liquidity ratios.  "Untrue rumors" caused concerns among lenders and thus we lost capacity.  Going with JPMorgan will allow Bear to borrow against collateral.

12:54P  We will be able to convince customers and counterparties that we have the ability to fund ourselves every day and do business as usual.

12:55P Frankly, this is a bridge to a more permanent solution.

12:56P Gives us a chance to look at the alternatives, that can run the gamut, and give everyone a chance to see the facts and not the fiction.  We will look at a range of alternatives.

12:57P The conference call has concluded.

I believe that they will continue to have a "run on the bank". I know I wouldn't clear my hedge fund through them, and after their clients suing to get their money back, I wouldn't invest with them either. After doing research, I wouldn't sit as a counterparty with them. So, if anyone does similar research, Bear is in trouble.

Comments, anyone???