For those who were wondering what sparked that silly press release from GGP...

GGP up $1.5...fed's rate cut w'd make all these re-financing a lot eaiser...i dont see ur targets to meet (if u r authorized to issue any)...GGP has already warned u...SEC w'd be the next to sack u up...

Reggie

just a note to congratulate you on the mention in Herb's blog. You deserve the recognition and I am sure you will see a nice spike in your traffic --guess the secret's out!

Don't sweat the comments like the first one on this thread. I have been following blogs in your space for a long time (hey maybe I should become a "blog" analyst!) and every time more news comes out more weasels come out of the woodwork and go crazy when they see positions that they perceive to be harmful to the way they bet.

It's probably an indicator, the more shit comments you have to deal with the more successful you are! And I definitely believe you are on the way up (as fast as the market is tanking in fact!)

I still wish you would jump on the insurance industry though. I get what your saying about GGP moving even more than AGO, but the insurance industry is in the cross hairs RIGHT NOW--commercial real estate is not as big of a focus, yet there are many insurance companies who have not gotten hurt yet--many of whom are acknowledging losses due to CDO's Ambac, MBIA etc.

I just know there will be more shoes dropping, I just wish I was good enough at this analysis stuff to figure out who---BUT YOU ARE--that's why I'm bugging you about it!

Incidentally, any comment on that supreme court ruling about 3rd parties being excluded in securities fraud cases that came down last week? I saw further input on this that it would not protect company's like Moody's or other financial cases, but wondered if you had input on this.

In any case, you know I am a huge fan so keep bringing the great info.

Nice work Reggie.

That weasle from GGP made himself look like someone shoved a live snake up his ass. Reminded me of October when that Ambac cadaver was squeeling about how nobody but he could possibly understand his business. He's a chalk outline on the sidewalk now.

You only catch flak if you are over the target.

Great job again Reggie. These guys are completely clueless. I just cannot get over that they would even mention a blog as part of a press release. But then again, Elan (ELN) did go after some casual users of the yahoo message boards a few years back - so nothing ceases to amaze me with this type of managerial incompetence.