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		<title>Reggie Middleton vs Goldman Sachs, Round 1</title>
		<description>Discuss Reggie Middleton vs Goldman Sachs, Round 1</description>
		<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1</link>
		<lastBuildDate>Wed, 19 Jun 2013 11:59:37 +0000</lastBuildDate>
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			<title>Element says:</title>
			<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-10372</link>
			<description><![CDATA[Typo Reggie, you doubled-up the following paragraph, two paragraphs down from the first instance of it: "As of Oct. 26, date of the most recent available trustee's report, only $79.6 million of mortgages were left, supporting $159.9 million of bonds. In other words, each dollar of bonds had a claim on less than 50¢ of mortgages."]]></description>
			<dc:creator>Element</dc:creator>
			<pubDate>Fri, 15 Jun 2012 07:33:18 +0000</pubDate>
			<guid>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-10372</guid>
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			<title>Reggie Middleton says:</title>
			<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2489</link>
			<description><![CDATA[Methinks that the political environment for bailouts is wearing quite thin. We have maybe one big (at least non-covert) bailout left before someone gets lopped out of office, and at least of the big banks are going to need it before this is all over. I don't think their is enough bang for the buck in bailing out REITs. To be absolutely honest, the best way to help the sector is to let it correct fully and then welcome investors in to bottom fish and build CRE back the old fashioned way, through fundamental values. The old Boom/Bust/Bail methodology simple makes for an increasingly fragile and volatile industry.]]></description>
			<dc:creator>Reggie Middleton</dc:creator>
			<pubDate>Wed, 09 Dec 2009 15:34:28 +0000</pubDate>
			<guid>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2489</guid>
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			<title>NC says:</title>
			<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2488</link>
			<description><![CDATA[My concern is that with TALF the REITS get refied at lower rates helping cash flow and cash balances thus escaping for at least the forseeable future any downdraft in their stock. Of course much later defaults may come in borne largely by , yep, the taxpayers, but of little consolation to current shorts.]]></description>
			<dc:creator>NC</dc:creator>
			<pubDate>Wed, 09 Dec 2009 15:15:20 +0000</pubDate>
			<guid>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2488</guid>
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			<title>Reggie Middleton says:</title>
			<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2487</link>
			<description><![CDATA[I made note of the fact that it appears BAC had unhedged swaps written. That is a risk that could definitely have AIG-like effects. As for $3, I don't have an opinion on that.]]></description>
			<dc:creator>Reggie Middleton</dc:creator>
			<pubDate>Wed, 09 Dec 2009 08:44:58 +0000</pubDate>
			<guid>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2487</guid>
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			<title>NDbadger says:</title>
			<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2486</link>
			<description><![CDATA[Hi Reg, I noticed back in Oct you wrote a note that BAC could be the next AIG. Now the govt is letting them pay back the TARP which will weaken BAC's capital position by approx. $20B. If your thesis unfolds, this could really get ugly. Meredith says BAC shouldn't see $3 again, but maybe it could? ND]]></description>
			<dc:creator>NDbadger</dc:creator>
			<pubDate>Tue, 08 Dec 2009 20:16:46 +0000</pubDate>
			<guid>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2486</guid>
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			<title>Reggie Middleton says:</title>
			<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2501</link>
			<description><![CDATA[I haven't visited the British banks in a while. Personally, I wouldn't touch the big ones with your fingers, but that is an anecdotal opinion. As for the compensation issue, the yankees have their fair share of capitulation to the bankers to be concerned about as well: (http://www.bloomberg.com/apps/news?pid=20601109&sid=auM26cvlDCPQ&pos=10) Personally, if the high paid guys are the ones that nearly broke the bank, it goes to show they weren't worth the money to begin with... ]]></description>
			<dc:creator>Reggie Middleton</dc:creator>
			<pubDate>Tue, 08 Dec 2009 14:16:29 +0000</pubDate>
			<guid>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2501</guid>
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			<title>Nikki Turner says:</title>
			<link>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2500</link>
			<description><![CDATA[Just about to tweet this very good article - would be interested to hear your take on the UK's lloyds - HBOS merger. As someone who has spent the better part of three years investigating HBOS, I have a somewhat biased view and that is likely to be accelerated by the fact that, in the UK, most news about HBOS has a tight lid on it. For example, the words HBOS READING are very taboo! http://www.ianfraser.org/?p=910' Hope you might also have some views on the RBS fiasco - Bank's Board say they'll quit if they don't get their bonuses. Needless to say, the majority of the British public are quite keen that they do - could save us a fortune. ]]></description>
			<dc:creator>Nikki Turner</dc:creator>
			<pubDate>Tue, 08 Dec 2009 14:08:23 +0000</pubDate>
			<guid>http://boombustblog.com/reggie-in-the-news/item/1137-reggie-middleton-vs-goldman-sachs-round-1#comment-2500</guid>
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