This commentary originally appeared at 1:55 p.m. EST on Dec. 30 on Real Money Pro -- for access to all of legendary hedge fund manager Doug Kass's strategies and commentaries, click here.
Some of the possible improbables that I came up with while compiling my " 15 Surprises for 2012" were not quite ready for prime time, but they can certainly serve as an addendum to that list.
Surprise No. 16: After it is disclosed that Bank of America (BAC - Get Report) is being forced to raise an additional $20 billion to $25 billion of capital, Brian Moynihan resigns as President and CEO of Bank of America.
Surprise No. 17: Reflecting upward-trending stock markets around the world, continued improvement in domestic high-frequency economic statistics and a contained European debt crisis, the CBOE Volatility Index (VIX) falls to the 10-15 level during the second half of 2012.Surprise No. 18: Facebook's IPO fizzles. The new offering is priced at a $70 billion equity capitalization but opens flat and breaks issue price in the first day of trading. Surprise No. 19: A second-half growth scare briefly lifts the yield on the 10-year U.S. note to over 3%. Surprise No. 20: Similar to Hewlett-Packard's (HPQ - Get Report) former CEO Mark Hurd, three very high-profile executives of Fortune 500 companies are forced to resign after sexual harassment allegations.