Despite sovereign wealth support Chanos is still bearish on Chinese banks

That is up until 2015

In a effort to strengthen balance sheets the EBA may have Europe’s banks raise 100 million euros to survive stresses during recessionary times.

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Ridiculous

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Interesting chart study

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0% is being offered to entice clients to spend. Of course those with money will take advantage of this.

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Martin would like to spoil the bull’s fun

Interesting chart and commentary 

No. Ticker Institutional Holder % Change
1 MNI PAULSON & COMPANY, INC. 12.15
2 SHO PAULSON & COMPANY, INC. 10.36
3 ANR PAULSON & COMPANY, INC. 8.92
4 LNG PAULSON & COMPANY, INC. 8.91
5 AHT PAULSON & COMPANY, INC. 8.59
6 HHC PAULSON & COMPANY, INC. 8.44
7 BEE PAULSON & COMPANY, INC. 8.00
8 C PAULSON & COMPANY, INC. 7.59
9 PMI PAULSON & COMPANY, INC. 6.67
10 MGM PAULSON & COMPANY, INC. 6.44
11 RLJ PAULSON & COMPANY, INC. 6.21
12 RF PAULSON & COMPANY, INC. 6.18
13 BAC PAULSON & COMPANY, INC. 6.10
14 FCH PAULSON & COMPANY, INC. 6.05
15 RKT PAULSON & COMPANY, INC. 5.87
16 WY PAULSON & COMPANY, INC. 5.74
17 RIG PAULSON & COMPANY, INC. 5.70
18 BZ PAULSON & COMPANY, INC. 5.41
19 COF PAULSON & COMPANY, INC. 5.22
20 NG PAULSON & COMPANY, INC. 5.05
21 BLK PAULSON & COMPANY, INC. 5.02
22 CBG PAULSON & COMPANY, INC. 4.81
23 HIG PAULSON & COMPANY, INC. 4.78
24 IP PAULSON & COMPANY, INC. 4.47
25 XL PAULSON & COMPANY, INC. 4.37
26 GGP PAULSON & COMPANY, INC. 4.14
27 FHN PAULSON & COMPANY, INC. 4.11
28 WHR PAULSON & COMPANY, INC. 3.92
29 LEA PAULSON & COMPANY, INC. 3.88
30 SLXP PAULSON & COMPANY, INC. 3.82
31 STI PAULSON & COMPANY, INC. 3.80
32 APC PAULSON & COMPANY, INC. 3.73
33 MTN PAULSON & COMPANY, INC. 3.56
34 BYD PAULSON & COMPANY, INC. 3.55
35 GFI PAULSON & COMPANY, INC. 3.45
36 BZH PAULSON & COMPANY, INC. 3.40
37 MYL PAULSON & COMPANY, INC. 3.29
38 ACAS PAULSON & COMPANY, INC. 3.23
39 NVS PAULSON & COMPANY, INC. 2.96
40 BPOP PAULSON & COMPANY, INC. 2.74
41 ARG PAULSON & COMPANY, INC. 2.65
42 DEXO PAULSON & COMPANY, INC. 2.63
43 BAX PAULSON & COMPANY, INC. 2.50
44 AON PAULSON & COMPANY, INC. 2.49
45 CNO PAULSON & COMPANY, INC. 2.39
46 FDO PAULSON & COMPANY, INC. 2.20
47 AU PAULSON & COMPANY, INC. 1.98
48 VECO PAULSON & COMPANY, INC. 1.78
49 SNI PAULSON & COMPANY, INC. 1.61
50 BSX PAULSON & COMPANY, INC. 1.60

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Emerging-market stocks are “cheap” and Pacific Investment Management Co. is buying in China after the nation’s shares tumbled this year, said Maria Gordon, an emerging-market equity-fund manager at Pimco.

“We are definitely fishing in the more cyclically distressed areas of the market where valuations are very, very cheap,” London-based Gordon said in an interview with Sara Eisen on Bloomberg Television today. “We’re selectively accumulating positions” in China, Gordon said, adding that shares of Hong Kong-based insurer AIA Group Ltd. (1299) are poised for “a lot of capital appreciation.”

The MSCI Emerging Markets Index has tumbled as much as 31 percent from this year’s high, sending its price-to-earnings ratio to 9.4 on Oct. 5, the lowest level since December 2008, according to data compiled by Bloomberg. The Hang Seng China Enterprises Index, a gauge of Chinese companies listed in Hong Kong, has slid 38 percent from a 30-month peak in November as tight monetary policy in the biggest emerging economy and Europe’s debt crisis spurred investors to sell riskier securities.

“Markets are cheap,” Gordon said. Still, “it’s very difficult to call the bottom” given concerns that the global economy is slowing, she said.

Emerging-market equity funds have posted 10 straight weeks of outflows, with investors withdrawing $3.3 billion in the seven days ended Oct. 5, according to data compiled by Cambridge, Massachusetts-based research firm EPFR Global. China funds had $167 million of outflows during the week.

BRUSSELS/PARIS (Reuters) – Europe’s banks expect to be told to raise more capital under a Franco-German effort to solve the euro zone debt crisis after the state rescue of Franco-Belgian lender Dexia SA.

Dexia agreed to the nationalization of its Belgian retail bank and secured 90 billion euros ($121 billion) in state guarantees, in a rescue that raises pressure on other euro zone countries to strengthen their banks.

German Chancellor Angela Merkel and French President Nicolas Sarkozy said on Sunday they would tackle Greece’s woes and agree how to recapitalize the regions’ banks by the end of the month, but they declined to reveal details of their plan.

“We expect the EU to come up with a minimum core Tier One (capital) level under certain stress scenarios and a higher one without any stress. Then banks will be asked to reach this level in a short period of time,” said a senior banker in Germany.

Banks were not involved in talks yet with governments on likely capital needs, several bankers said, although options were being considered in case they need to act quickly.

But they were concerned at just how much more capital they will be called on to find, after many urged Europe’s leaders to follow the “bazooka” approach of former U.S. Treasury Secretary Hank Paulson, who told banks they must raise capital.

British Prime Minister David Cameron told his euro zone peers to adopt a “big bazooka” solution.

Let’s hope not; but it behooves you to be careful!

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Bail them all out

Fingers crossed

A big bazooka is needed

Dismantle the too big to fail….

LMAO….please be wrong

Not they have a conise plan yet, but the preliminary details show downgrade potential… especially after a U.S. downgrade.

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