Attention traders and portfolio managers of the world. For your convenience, I've aggregated the following information, so please make note of the following official Global Trading and Write-Down Announcement Calendar, which has been agreed by global banking authorities, in order to prevent unnecessary market volatility due to unexpected loss reporting or surprise asset write-down announcement congestion.
***** Holiday Calendar 2007 *****
Tue Dec 18th - Central Bank Day (ECB & BoE Spotlight)
Wed Dec 19th - Morgan Stanley Day (AM) Bear Stearns (PM)
Thu Dec 20th - Bond-Insurer Surprise Bonanza Day (AM)
Fri Dec 21st - Merrill Lynch Writeoff "Top-Up" Day
Mon Dec 24th - (Half Day) Small Lehman Writedown
Tue Dec 25th - Xmas - Orix Co Ltd (Japan) CDO Writedown Day
Wed Dec 26th - (UK Closed) US Bank Double Header - JPM and BAC SIV Rescues & ABS Writeoffs only)
Thu Dec 27th - Yet another Bear Stearns Day!!
Fri Dec 28th - GS "Little White Lie Day" (Small Class 3 Asset writedowns only)
Mon Dec 31st - Credit Suisse Day (Equity Trading & CDO Losses only)
Tue Jan 1st - (Markets Closed) Non-financial fireworks only
Wed Jan 2nd - US Agency Day Fannie, Freddie & Sallie Synchronized Writedowns
Thu Jan 3rd - UK Bank Day (Barclays, HSBC, HBOS increase of loss-provisions only)
Fri Jan 4th - Euro Insurer Day (Allianz, AXA, & Zurich Versich only)
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2 comments:
rofl !!
What about a day to commemorate the death of MLEC?
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