2016 Postmortem

DanTex

(20,709 posts)

49. "American Homes 4 Rent" has utterly nothing to do with the article you posted.

Wed Nov 18, 2015, 11:32 PM

Nov 2015

Last edited Thu Nov 19, 2015, 12:05 AM - Edit history (1)

It also has nothing to do with OTC derivatives. Apparently it's some kind of home rental company. Its stock is neither OTC (it trades on NYSE) nor is it a derivative. Here's a hint: just because you find something on a website with "OTC" in its name doesn't make it an OTC derivative.

And, again, that has nothing to do with the MoJo article, which was about rental-payment backed securities, which are also not OTC derivatives.

Seriously. Having the slightest clue what you're talking about is a good thing.

Edit history

Please sign in to view edit histories.

64 replies

= new reply since forum marked as read

Highlight:

PSA: How many people here who love to hate "Wall Street" actually know what it means? [View all] hill2016 Nov 2015 OP

Yeah,it's a street in Manhattan that symbolizes wealth and greed. It's just a street. virgogal Nov 2015 #1

"the business model of Wall Street is fraud" Kalidurga Nov 2015 #2

The best answer is here. It's not a simple "fraud" model. It's how the capitalistic world works Sancho Nov 2015 #19

Elizabeth Warren: "We Need To Go Back To Boring Banking" RiverLover Nov 2015 #20

Warren understands economics.... Sancho Nov 2015 #23

Yes, she does. RiverLover Nov 2015 #24

Boom goes the dynamite! Major Hogwash Nov 2015 #31

Thanks Major. You're so right - this is a sorry state of affairs. RiverLover Nov 2015 #33

Noone says it is a "cure" ....But it is part of a cure and why oppose it? Armstead Nov 2015 #27

Because it distracts from the real issues of modern international banking... Sancho Nov 2015 #28

Sometimes simpler is better Armstead Nov 2015 #32

Here you're going to need this... Fearless Nov 2015 #3

It's a movie with "greed is good" as its theme. pacalo Nov 2015 #4

They intentionally issued trillions in bad loans AgingAmerican Nov 2015 #5

Hand them a shovel Hydra Nov 2015 #6

you are stringing together a lot of sentences hill2016 Nov 2015 #9

So sorry you are confused AgingAmerican Nov 2015 #12

We can better understand Bernie Sanders from the bills he supports. Eric J in MN Nov 2015 #7

'I'm doing God's work!' No Lloyd you're hallucinating again. appalachiablue Nov 2015 #8

........ daleanime Nov 2015 #10

nothing which explains hill2016 Nov 2015 #59

There by saving you the effort.... daleanime Nov 2015 #63

Obviously, you know nothing. Fuddnik Nov 2015 #11

BUT, could you rank half of them? I confess Hortensis Nov 2015 #40

I'll explain it to you simply ibegurpard Nov 2015 #13

Well stated. Here's an example of that~ RiverLover Nov 2015 #29

This is a good example of the shadow banking system at work. DanTex Nov 2015 #37

Um, no. RiverLover Nov 2015 #44

The article you posted had nothing to do with OTC derivatives. DanTex Nov 2015 #45

"Property OTC derivatives" RiverLover Nov 2015 #46

Bonds backed by securitized rent payments are not OTC derivatives. DanTex Nov 2015 #47

OMG, you're the one who is misinformed. This is hillarious. RiverLover Nov 2015 #48

"American Homes 4 Rent" has utterly nothing to do with the article you posted. DanTex Nov 2015 #49

I don't even think hill2016 Nov 2015 #58

Sanders voted for Commodities Futures Modernization Act of 2000, it aided in the finanical crisis. Thinkingabout Nov 2015 #60

Anyone who creates no real wealth, but exercises a claim Ron Green Nov 2015 #14

why? hill2016 Nov 2015 #36

Perhaps no crime, and this is the problem. Ron Green Nov 2015 #38

So for example union pension funds Travis_0004 Nov 2015 #42

I'm not talking about people's investments, or the legitimate shares Ron Green Nov 2015 #43

so why hill2016 Nov 2015 #57

I care about how Wall Street speculators Ron Green Nov 2015 #62

Yes, please lecture us about how we don't know what we're talking about - that will win us over. reformist2 Nov 2015 #15

isn't it matter hill2016 Nov 2015 #39

Banks use our deposits to gamble with & we bail them out if they lose at the table. RiverLover Nov 2015 #16

The irony of threads like this.. Kentonio Nov 2015 #17

Michael Lewis has written many good books on it. I suggest the OP read some of them. Electric Monk Nov 2015 #52

ya left out CBOE Agony Nov 2015 #18

these are not hill2016 Nov 2015 #54

It's shorthand. Just like the GOP. Washington. and other symbolic terms Armstead Nov 2015 #21

Good post. Hortensis Nov 2015 #41

okay hill2016 Nov 2015 #53

Nothing wrong with it inherently. The devil is in the details. Armstead Nov 2015 #64

Almost none. As evidenced by the replies to this OP. DanTex Nov 2015 #22

Naw it doesn't matter Armstead Nov 2015 #25

The OP was halfway to Stupidville whatchamacallit Nov 2015 #35

do you have any hill2016 Nov 2015 #51

I vote for no one! leftofcool Nov 2015 #26

What a poorly constructed OP Android3.14 Nov 2015 #30

+1 n/t Hepburn Nov 2015 #34

like I said hill2016 Nov 2015 #50

Are you supporting Clinton? Are you sure? have you checked? Check again. Are you still sure? Scootaloo Nov 2015 #55

huh? hill2016 Nov 2015 #61

Personally I'd always taken it to mean IB + PE Recursion Nov 2015 #56