Difficult days in the USA

March 13, 2008

Dear friends,

The dire situation in the US financial markets continues. Weighing on the markets is the impact of losses in the housing market on financial institutions, with Carlyle Capital now on the verge of default. This is raising concerns about financial stability in the country and motivating the recent efforts of the US Federal Reserve (central bank) to inject massive funds into the financial system.

Surely, the transit of 6th lord JUPITER exactly on natal 4th lord VENUS in the 6th house of financial stability is at the basis of this situation. At the same time, the passage of three functional benefics, 2nd lord SUN , 4th lord VENUS and 3rd lord MERCURY, through the 8th house of obstacles and endings, with the latter two exactly conjunct transit RAHU, and with 10th lord MARS in the 12th house, is adding to the strain and making it palpable. Fortunately, transit SUN will soon emerge out of the 8th house and in late April transit MARS will escape from its 6 month transit in the 12th house.

Best wishes,

Thor

Carlyle Capital Nears Collapse as Rescue Talks Fail (Update3)

By Joseph Galante and Edward Evans

March 13 (Bloomberg) -- Carlyle Group's mortgage-bond fund moved a step closer to collapse after failing to reach an agreement with lenders who demanded more than $400 million to meet margin calls.

Concern about the fate of Carlyle Capital Corp., which began to buckle a week ago from the strain of tumbling home-loan assets, helped push the dollar to a 12-year low against the yen today. The fund said in a statement that it defaulted on about $16.6 billion of debt as of yesterday. Lenders will ``promptly'' take over all of its remaining assets and any remaining debt is expected ``soon'' to go into default, Carlyle Capital said.

Carlyle Capital plunged as much as 70 percent in Amsterdam trading. Carlyle Group, co-founded by David Rubenstein, tapped public markets for $300 million in July to fuel the fund just as rising foreclosures caused credit markets to seize up. In the past month, at least a dozen funds have closed, sold assets or sought fresh capital as banks tightened lending standards.

``If Carlyle's lenders want their money right away, they'll liquidate the fund,'' said Hank Calenti, a London-based analyst at RBC Capital Markets. ``That will put pressure on already stressed credit markets.''

Carlyle Capital's plea for refinancing on residential mortgage-backed securities failed late yesterday after a pricing service used by some lenders reported a decrease in the value of the assets, the firm said.

`Refinancing Not Possible'

``The basis on which lenders are willing to provide financing against the company's collateral has changed so substantially that a successful refinancing is not possible,'' Carlyle said in the statement. It expects additional margin calls today of $97.5 million.

Carlyle Group and its funds are not liable for repurchase agreements that Carlyle Capital used to buy residential mortgage-backed securities, Hong Kong-based spokeswoman Dorothy Lee said in an e-mail today. ``The Carlyle Group's only material financial exposure to CCC is through a $150 million unsecured subordinated revolving credit agreement with CCC,'' she said.

Calls and e-mails to Carlyle Capital spokesman Rowland Hunt and spokeswoman Ellen Gonda weren't immediately returned.

Carlyle's fund has said its so-called agency debt has an ``implied guarantee'' from the U.S. government.

The industry is reeling from its worst crisis because bankers -- staggered by almost $190 billion of asset writedowns and credit losses -- are raising borrowing rates and demanding extra collateral for loans. Treasuries extended gains as investors took the collapse of the talks as a sign that credit market losses are deepening.

`Flood of Downgrades'

``This is not only a problem for Carlyle,'' Jochen Felsenheimer, the Munich-based head of credit strategy at UniCredit SpA, wrote in a note to clients today. ``We expect a further flood of downgrades especially of higher-rated securities, putting enormous pressure on the system.''

Carlyle Capital originally delayed and then cut the size of its IPO by about 25 percent as the subprime contagion began. It then added the money raised in July to a private $590 million pool opened in 2006. For every dollar of equity, the pool borrowed $32.

``It was a poorly conceived fund launched at the worst time,'' said Toby Nangle, a member of the strategic policy group at Baring Asset Management in London, which manages $55 billion.

The shares, first sold to investors for $19 each, fell $1.97 to 83 cents as of 10:35 a.m. today.

Drake Management LLC, the New York based-firm started by former BlackRock Inc. money managers, said yesterday it may shut its largest hedge fund, while GO Capital Asset Management BV blocked clients from withdrawing cash from one of its funds. Other funds hit include Peloton Partners LLP's $1.8 billion ABS Fund, Tequesta Capital Advisor's mortgage fund and Focus Capital Investors LLC, which invested in midsize Swiss companies.

``Carlyle won't be the end of it,'' said Greg Bundy, executive chairman of Sydney-based merger advisory firm InterFinancial Ltd. and a former head of Merrill Lynch & Co.'s Australian unit. ``There's more to come. The problem is no one can give you an educated guess about how much.''

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March 13, 2008

Dear Thor,Looking at US and indian chart transists, it seems that world stock markets are nearing a bottom formation in coming days, and in april, may and somewhat in june markets would get Oxygen and could attempt a upwards rise.Going by present volatility its sure that Samva US chart is the real chart.ThanksajayCosmologer <cosmologer wrote: Dear friends, The

dire situation in the US financial markets continues. Weighing on the markets is the impact of losses in the housing market on financial institutions, with Carlyle Capital now on the verge of default. This is raising concerns about financial stability in the country and motivating the recent efforts of the US Federal Reserve (central bank) to inject massive funds into the financial system. Surely, the transit of 6th lord JUPITER exactly on natal 4th lord VENUS in the 6th house of financial stability is at the basis of this situation. At the same time, the passage of three functional benefics, 2nd lord SUN , 4th lord VENUS and 3rd lord MERCURY, through the 8th house of obstacles and endings, with the latter two exactly conjunct transit RAHU, and with 10th lord MARS in the 12th house, is adding to the strain and making it palpable. Fortunately, transit SUN will soon emerge out of the 8th

house and in late April transit MARS will escape from its 6 month transit in the 12th house. Best wishes, Thor Carlyle Capital Nears Collapse as Rescue Talks Fail (Update3) By Joseph Galante and Edward Evans March 13 (Bloomberg) -- Carlyle Group's mortgage-bond fund moved a

step closer to collapse after failing to reach an agreement with lenders who demanded more than $400 million to meet margin calls. Concern about the fate of Carlyle Capital Corp., which began to buckle a week ago from the strain of tumbling home-loan assets, helped push the dollar to a 12-year low against the yen today. The fund said in a statement that it defaulted on about $16.6 billion of debt as of yesterday. Lenders will ``promptly'' take over all of its remaining assets and any remaining debt is expected ``soon'' to go into default, Carlyle Capital said. Carlyle Capital plunged as much as 70 percent in Amsterdam trading. Carlyle Group, co-founded by David Rubenstein, tapped public

markets for $300 million in July to fuel the fund just as rising foreclosures caused credit markets to seize up. In the past month, at least a dozen funds have closed, sold assets or sought fresh capital as banks tightened lending standards. ``If Carlyle's lenders want their money right away, they'll liquidate the fund,'' said Hank Calenti, a London-based analyst at RBC Capital Markets. ``That will put pressure on already stressed credit markets.'' Carlyle Capital's plea for refinancing on residential mortgage-backed securities failed late yesterday after a pricing service used by some lenders reported a decrease in the value of the assets, the firm said. `Refinancing Not

Possible' ``The basis on which lenders are willing to provide financing against the company's collateral has changed so substantially that a successful refinancing is not possible,'' Carlyle said in the statement. It expects additional margin calls today of $97.5 million. Carlyle Group and its funds are not liable for repurchase agreements that Carlyle Capital used to buy residential mortgage-backed securities, Hong Kong-based spokeswoman Dorothy Lee said in an e-mail today. ``The Carlyle Group's only material financial exposure to CCC is through a $150 million unsecured subordinated revolving credit agreement with CCC,'' she said. Calls and e-mails to Carlyle Capital spokesman

Rowland Hunt and spokeswoman Ellen Gonda weren't immediately returned. Carlyle's fund has said its so-called agency debt has an ``implied guarantee'' from the U.S. government. The industry is reeling from its worst crisis because bankers -- staggered by almost $190 billion of asset writedowns and credit losses -- are raising borrowing rates and demanding extra collateral for loans. Treasuries extended gains as investors took the collapse of the talks as a sign that credit market losses are deepening. `Flood of Downgrades' ``This is not only a problem for Carlyle,'' Jochen Felsenheimer, the Munich-based head of credit strategy at UniCredit SpA, wrote in a note to clients today. ``We expect a further flood of downgrades especially of higher-rated securities, putting enormous pressure on the system.'' Carlyle Capital originally delayed and then cut the size of its IPO by about 25 percent as the subprime contagion began. It then added the money raised in July to a private $590 million pool opened in 2006. For every dollar of equity, the pool borrowed $32. ``It was a poorly conceived fund launched at the worst time,'' said Toby Nangle, a member of the strategic policy group at Baring Asset Management in London, which manages $55 billion. The shares, first sold to investors for $19 each, fell $1.97 to 83 cents as of 10:35 a.m. today. Drake Management LLC, the New York based-firm started by former BlackRock Inc. money managers, said yesterday it may shut its largest hedge fund, while GO Capital Asset Management BV blocked clients from withdrawing cash from one of its funds. Other funds hit include Peloton Partners LLP's $1.8 billion ABS Fund, Tequesta Capital Advisor's mortgage fund and Focus Capital Investors LLC, which invested in midsize Swiss companies. ``Carlyle won't be the end of it,'' said Greg Bundy, executive chairman of Sydney-based merger advisory firm InterFinancial Ltd. and a former head of Merrill Lynch & Co.'s Australian unit. ``There's more to come. The problem is no one can give you an educated guess about how much.'' Be a better friend, newshound, and know-it-all with Mobile. Try it now.

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March 13, 2008

Dear Ajay,

and I agree with you, the SAMVA USA chart is time and again explaining the events in the US economy and financial market. More importantly, the predictions made by against the SAMVA USA chart concerning continued volatility in financial markets in 2008 due to recession concerns is coming true.

To this we could add that the analysis of historical events and other predictions in terms of the SAMVA USA chart may be studied at the following blog:

http://cosmologer.blogspot.com/

Best wishes,

Thor

updated 37 minutes ago

Markets rocked by U.S. economy fears

Story Highlights

Wall Streets tumbles on opening after difficult day of trading around the world

U.S. dollar hits 12-year low against yen, slumps to record low against the euro

UK FTSE 100 drops 1.9 percent; Paris, Frankfurt indices down more than 2 percent

Japan's Nikkei 225 falls 3.3 percent; Hong Kong Hang Seng plunges 4.8 percent

LONDON, England (CNN) -- The world's stock markets took a dive Thursday as problems facing the ailing U.S. economic juggernaut continued to send ripples of fear through investors.

Wall Street has not been able to maintain the brief resurgence it experienced earlier this week.

The dollar slid to a new low against the euro and also fell below 100 yen for the first time since 1995, while oil prices were at a record high and gold rose to unprecedented levels as investors sought alternative avenues.

Mortgage-bond fund Carlyle Capital, run by the Washington-based Carlyle Group, now expects to go into bankruptcy after missing margin calls on its $21.4 billion portfolio and failing to negotiate survival deals with creditors.

With the U.S. subprime mortgage industry already in crisis, Carlyle's liquidation could help depress that sector of the market even further.

Wall Street predictably suffered on Thursday, with the Dow Jones Industrial Average down 220 points at one point before recovering to trade down 76.52, or 0.63 percent, at 12,033.72 at midday (1600 GMT).

The U.S Federal Reserve stepped in this week, trying to lift confidence with a plan to lend Treasuries in exchange for debt tied to mortgages, but the effects have so far been mixed.

"People have had time to think about the Fed's plan, which is basically to inject $200 billion into the banking system, and said 'Hey -- it's not the panacea that people were thinking it is,'" said CNN International's Business Editor Todd Benjamin. Read Todd's blog.

"At the same time, big hedge funds are either failing or not allowing withdrawals as a result of the subprime crisis. And you've got Jamie Dimon, head of JP Morgan, saying the U.S is in recession and -- more importantly -- that financial institutions are only halfway through working through their problems."

Benjamin said he believed that the only way forward was to let the United States go into recession.

"With brush fires, you clear out the underbrush and then you can have some growth again," he said.

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CNN Money: Gold prices hit $1,000 milestone Weak dollar slumps in Asia, Europe

"A lot of people will get hurt, a lot of hard-working blue-collar workers, but at some point you have got to draw a line in the sand and let the markets do what they're going to do. And sometimes a recession, as painful as it is, it blows out all the bad that's in the economy."

Wall Street had offered encouragement earlier this week with the Dow Jones climbing 3.55 percent on Tuesday, but the average's slight relapse the next day saw any confidence gained slip away again.

Europe's main markets responded Thursday with steady falls by 1700 GMT: the UK's benchmark FTSE 100 index dropped 1.9 percent to 5,667.5; Germany's DAX slipped 2.4 percent to 6,443.59; and in France the CAC declined 2.5 percent to 4,579.56.

The euro traded for a record $1.5625 before declining to $1.5586.

Oil futures hit a new record of $110.70 a barrel in electronic trading on the New York Mercantile Exchange by the afternoon in Europe, before dropping back to $109.66.

Earlier, the Asian markets also tumbled.

Japan's Nikkei 225 Index fell 3.3 percent to 12,433.4 -- its lowest in two and a half years -- after the dollar dropped to a 12-year low against the yen.

The weak dollar is bad news for Japanese exporters such as Toyota and Sony, who now find their products more expensive on the overseas markets.

The dollar was worth 122 yen at the start of this year, but has now dropped 18 percent.

"Exporters like Toyota, 58 percent of their sales come from outside of Asia," Benjamin said. "Every one yen fall -- just one yen -- hits their operating profits by close to $350 million. Obviously there's a lot of worry for the exporters and their profit as a result." In Hong Kong. the Hang Seng Index lost 4.8 percent of its value, while indices in Australia, China, Malaysia, South Korea and Taiwan dropped more than 2 percent. Markets in India and Indonesia, meanwhile, slumped by more than 4 percent.

"This is just an extremely nervous market given the uncertainties overhanging the outlook for the world," David Cohen, a regional economist with Action Economics in Singapore, told the Associated Press.

"The clouds are the combination of the oil prices, the nervousness about the U.S. slipping into recession and dragging down the global economy and ... the turmoil in the credit markets that doesn't want to go away."

Gold futures surpassed $1,000 an ounce for the first time Thursday, reaching $1,001 on the New York Mercantile Exchange before dropping slightly to $999.70.

In these uncertain times, it is seen as a safer bet for investors, and has risen 20 percent this year.

Because it is bought and sold in U.S. dollars, it has become much cheaper for investors holding overseas currencies -- and central banks around the world have stepped in along with big hedge funds among others.

"What people are looking at now is an asset to preserve some of their wealth," Philip Newman of GFMS Limited told CNN. "They are not looking for gold to give them substantial returns in the medium term, but they're looking for something to give them wealth

ajay sehg <ajaysehgSAMVA Sent: Thursday, March 13, 2008 4:59:33 PMRe: Difficult days in the USA

Dear Thor,Looking at US and indian chart transists, it seems that world stock markets are nearing a bottom formation in coming days, and in april, may and somewhat in june markets would get Oxygen and could attempt a upwards rise.Going by present volatility its sure that Samva US chart is the real chart.ThanksajayCosmologer <cosmologer wrote: