Sunday, 28 November 2010 04:46

The Irish Haircut Model Is Ready and Awaiting The Bailout Figures From the ECB, et. al.

I will release the haircut model to professional and institutional subscribers about 12 to 18 hours after I get the bailout rates and amounts, which are slated to be released today sometime.

Last modified on Sunday, 28 November 2010 04:46

4 comments

  • Comment Link gagelle Sunday, 28 November 2010 19:29 posted by gagelle

    I've read several blogs that suggest the US will get involved and funnel money to Europe through secret channels.

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  • Comment Link John Ryskamp Sunday, 28 November 2010 14:49 posted by John Ryskamp

    Ha ha! Turns out it's neither. It's no haircut and 7.25%!!!!! The ultimate Mellonesque liquidation solution. Start forcing up the yield on Spanish debt!!!! That country will collapse REAL soon!

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  • Comment Link John Ryskamp Sunday, 28 November 2010 12:58 posted by John Ryskamp

    Also, look at the details very carefully. Is this really a haircut, or a sleight of hand to appease public opinion?

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  • Comment Link John Ryskamp Sunday, 28 November 2010 12:56 posted by John Ryskamp

    This haircut proposal will send yields soaring on Spanish debt, won't it?

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