tag:blogger.com,1999:blog-14963913.post6778068876167070858..comments2023-10-27T20:27:57.900-04:00Comments on Kid Dynamite's World: How Easy Is It to Transfer Credit Card Debt?Kid Dynamitehttp://www.blogger.com/profile/17475987512856310577noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-14963913.post-80778258090866610132009-10-27T12:53:18.915-04:002009-10-27T12:53:18.915-04:00Btw I can say at least from my own experience, it ...Btw I can say at least from my own experience, it is still exceedingly easy for me to transfer balances from one credit card to another. I must get two or three offers a month still to transfer amounts from other cards. The only difference from a few years ago is that while back then, all the offers were for 0% interest for the next two years, nowadays they tend to range from some 0% or 0.99% or 1.99% to maybe as high as 7.99%, and generally the promotional rates last for a shorter period of time as well.Hammer Player a.k.a Hoyazohttps://www.blogger.com/profile/17031535857121915911noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-27467113426643368792009-10-27T10:34:03.835-04:002009-10-27T10:34:03.835-04:00So he either does not know these rules exist or is...So he either does not know these rules exist or is convinced that Goldman and others are simply working around them?<br /><br />Thanks, <br />I really enjoy the blog (both poker and financial). Nice to have voice of reason...joelnoreply@blogger.comtag:blogger.com,1999:blog-14963913.post-88636795555576458742009-10-27T10:02:32.983-04:002009-10-27T10:02:32.983-04:00hi Joel - i just read Karl's piece. i find it...hi Joel - i just read Karl's piece. i find it amazing that he can be against high frequency trading, and then say there's nothing wrong with stock prices reflecting the supply and demand for shares - which is probably the main strategy HFT algo's use... but the topic is dark pools: it's simple: Dennninger's example of someone selling stock for 9.90 in a dark pool when there is a $10 bid in the open market DOES NOT HAPPEN! There are rules to prevent exactly this: all trades must still be done at the inside market: the NBBO - national best bid/offer. it's that simple.Kid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-62482581615434107812009-10-27T10:00:03.015-04:002009-10-27T10:00:03.015-04:00KD,
Can you comment on karl Denninger's blog t...KD,<br />Can you comment on karl Denninger's blog today regarding dark pools and HFT (i know a favorite topic of yours)joelnoreply@blogger.comtag:blogger.com,1999:blog-14963913.post-67567255119474018182009-10-26T19:53:00.009-04:002009-10-26T19:53:00.009-04:00oh - it's definitely possible that it's st...oh - it's definitely possible that it's stupidity... <br /><br />A friend of mine in the industry noted that they are probably trying to, at the minimum, keep their riskiest borrowers from borrowing more.Kid Dynamitehttps://www.blogger.com/profile/17475987512856310577noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-55412981381896814892009-10-26T19:47:27.135-04:002009-10-26T19:47:27.135-04:00What makes you thing there has to be a brilliant p...What makes you thing there has to be a brilliant plan?<br /><br />Maybe stupidity has entrenched itself permanently over at citi.Anonymousnoreply@blogger.com