Major investment bank issues warning on strike against Iran

[Ioo]

http://www.rawstory.com/news/2007/Major_investment_bank_issues_warning_on_0115.html

Holy crap people, they are really going to use Israel to do it's dirty work for them, we are screwed!

[goforit]

1. There is no mention of what to do with your money once the attack is on.

These are very scary times.
What will happen to the economy once all hell breaks loose.

[NYC]

2. ING.

...Robertson suggests a February-March 2007 timeframe for several reasons. First, there is a comparable situation to Israel's strike on Iraq's nuclear program in 1981, including Prime Minister Ehud Olmert's political troubles within Israel. Second, late February will see Iran's deadline to comply with UN Security Council Resolution 1737, and Israel could use a failure of Iran and the UN to follow through as justification for a strike. Finally, greater US military presence in the region at that time could be seen by Israel as the protection from retaliation that it needs.

In his Jan. 15 update, Robertson points to a political reason that could make the assault more likely – personnel changes in the Bush administration may have sidelined opponents of attacking Iran.

President Bush recently removed General John Abizaid as commander of US forces in the Middle East and John Negroponte as Director of National Intelligence, both of whom have said attacking Iran is not a priority or the right move at this time. The deployment of Patriot missile batteries, highlighted in President Bush's recent White House speech on America's Iraq policy, also pointed to a need to defend against Iranian missiles.

[mmonk]

3. That means buy puts. I don't know any other investment

defense. I bought one or two years ago when I thought things were going to escalate. Ending up losing the money I put in it but it's the only portfolio insurance I know.

[Telly Savalas]

4. "An imminent attack would seem unlikely"

"Low probability"

So what?

[mmonk]

5. That was the report I believe before the personnel switching.

Look for the update on the PDF.