[Toddsterpatriot]

All of these "notes" are simply bundles of risk-free bonds subsidized by written derivative premiums on oil-prices -

No, they aren't risk free, otherwise investors couldn't lose up to 100% of their investment.

and sold to greater-fool yield-reaching muppet investors around the world who never saw a short-term trend they did not extrapolate - the question is - who is on the other side of all these notes? Especially now that capital is actually being eroded instead of simply less gains...

Ummmmm...the issuer, BNP Paribas.

Does anyone at Zerohedge read these silly articles before they post them?

[SAJ]

Toddy -- There are about 3 good brains at ZeroHedge. Sadly, these 3 are spread out among perhaps 40 people.

It do make life, er, difficult. However, what does one really expect from a site that A) knows that perpetual doom will come around next Thursday, or, if not then, then next Friday for certain, and, B) has predicted 459 of the last 3 recessions and 1,067 of the last 2 crashes?

Take a look at that option strategy I put up to Pete; I am not kidding in the slightest. Working nicely again this week.

Happy Christmas, laddie, and FReegards!

[Mase]

Isn’t Zero Hedge Tyler Durden’s turf? The guy thrives on doom 24/7. He should have stayed in the soap business.