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For all new readers to the blog, you may have noticed that the media is all over the fact that the Street thinks Goldman and Morgan are to report significant losses this quarter and that the investment banking business is over. Click this Google search query for Goldmand and Morgan losses .

Imagine if you could have shorted these companies at the beggining of  the year when their share prices were three times higher.

Imagine if you read this blog last year, or even in January of this year!!! Just imagine.


 Banks, Brokers, & Bullsh1+ part 1

Wednesday, 19 December 2007 | Reggie Middleton

A thorough forensic analysis of Goldman Sachs, Bear Stearns, Citigroup, Morgan Stanley, and Lehman Brothers has uncovered...  Last week, Morgan Stanley called Citibank the “short play of...

The Riskiest Bank on the Street
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)

Key highlights of my research on the "Riskiest Investment Bank on the Street": The Riskiest Bank on Wall Street – Morgan Stanley has US$74 billion of Level 3 assets, over 200% of its eq
Monday, 11 February 2008
A closer look at the exposure of the other brokers
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...- Who has the most of their assets tied up in illiquid Level 3 as a proportion to tangible equity? You guessed it, The Riskiest Bank on the Street. Now, they do have a decent amount of liquidity the ...
Sunday, 16 March 2008

19. On the insolvencies of non-bank financial institutions
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...Bullsh1+ part 1 Banks, Brokers, & Bullsh1+ part 2 Money Panic Bear Fight The Breaking of the Bear The Riskiest Bank on the Street Here comes the CRE Bust (Quip on Lehman Brothers)...
Tuesday, 18 March 2008

20. Quick Morgan Stanley update from my lab
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
  This is a refresher to the The Riskiest Bank on the Street piece that I posted a few months ago on Morgan Stanley. Let me get straight to the salient points. High exposure to lev
Thursday, 20 March 2008

21. Early morning scan of events
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
For those that haven't noticed, I've begun sharing my early morning news and data routine with the blog. Here goes Monday moring EST. Is the Fed running out of ammo? Reserve
Monday, 31 March 2008

22. Reggie Middleton on the Street's Riskiest Bank - Update
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
This is the update to my forensic deep dive analysis of Morgan Stanley. It is still, in my opinion, the "riskiest bank on the street". A few things to make note of as you browse through my opinion a
Sunday, 06 April 2008

23. Banks, Brokers & Bullsh1t 3.0: Shenanigans at Morgan and Lehman
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
I've been promising to give an illustration of the shenanigans being played by the commercial and investment bank's for some time now, but I've been quite busy working on my entrepeneurial pursuits
Wednesday, 16 April 2008

24. I warned you about the risk of those I Banks
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...ive counterparty and credit risk to imperfect hedges to dead and depreciating assets held off balance sheet: The Riskiest Bank on the Street Is this the Breaking of the Bear? Banks, Broke...
Wednesday, 21 May 2008



Goldman Sachs Snapshot: Risk vs. Reward vs. Reputations on the Street

Reggie Middleton on Risk, Reward and Reputations on the Street: the Goldman Sachs Forensic Analysis




Goldman Sachs valuation update: Buffet's strategic investment and public offering

(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
... Fed keeps banks afloat as money market crisis deepens - what banks do you think they are referring to??? Goldman Sachs and Morgan Stanley. The run on the prime brokerage accounts of Morgan Stanley h...
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The name brand contrarian plays have bore sweet fruit

(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...e trouble than they let on. Now, on to how my contrarian name brand plays have been doing... Goldman Sachs with the name brand conscious (yet financially unconscious) investors saying th...
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Reggie Middleton on Goldman Sachs Q3 2008

(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...rish view on Bear Stearns in a bear market and Is this the Breaking of the Bear's Back?), I am bearish on Goldman as well (Goldman Sachs Snapshot: Risk vs. Reward vs. Reputations on the Street and Re...
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The media and retail investors are now realizing that I banks are really publicly traded hedge funds

(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...businesses. I went through this in detail when analyzing and valuing both Morgan Stanley and Goldman Sachs, as well detailing the risks in these companies' trading practices and off bala...
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We are at an inflection point in World Banking � This is how I've prepared myself

(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...t the economic risk assumed in the generation of accounting earnings. This is my argument for the short of Goldman Sachs (see the sidebar for related reading). An accurate reporting of economic risk a...
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The newest Goldman Report: the Goldan Boys as a Bank Holding Company

(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
Here is the latest report on Goldmans Sachs, which I am still actively pursuing in my proprietary accounts. It has been a most profitable trade from the 180's, unfortunately I failed to follow my in
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