A819

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  • General Motors (GM) has hired a high-profile team of lawyers and bankers to consider whether to file for bankruptcy protection - and perhaps in the hope of impressing upon lawmakers the urgency of its need for funds. (WSJ)
    Republicans will ruin this country. What do i mean "will." They already have.
    Dec 12 00:23 am |Rating: 0 0 |Link to Comment |View news story
  • Back to Where We Were 25 Hours Ago
    throw out the rule book, but don't forget the rationale of the rules. this market will be bottoming this month.... but don't look for retesting of the lows, etc., all the mumbo jumbo. it won't happen. just watch the lows themselves. JMO. and everything will be exaggerated to fit the gross exaggeration of the bank failures themselves. otherwise, it's business as usual; the market will recover before the economy. be alert.
    Oct 17 01:16 am |Rating: 0 0 |Link to Comment |View article
  • Paulson in a State of Panic
    little sid... agree it's ignorance. please excuse typos in my prior post, in this day and age a glass of wine is needed.
    Oct 12 22:41 pm |Rating: 0 0 |Link to Comment |View article
  • Paulson in a State of Panic
    p.p.s. warrant buffet is loaded down with hubris. his is coming.
    Oct 12 21:53 pm |Rating: 0 0 |Link to Comment |View article
  • Paulson in a State of Panic
    p.s.... when you have system-wide collapse, moral hazard is not relevant.
    Oct 12 21:52 pm |Rating: 0 0 |Link to Comment |View article
  • Paulson in a State of Panic
    the failure of lehman was unprincipled because there was no basis to distinguish it from BSC. I was appalled at the time, and still am, that they let it fail. IMO its failure is the reason for the current giant margin call that is currently being labeled "panic selling."

    this whole ad hoc way of dealing with the crisis is emblematic of bernanke. i felt in January that the prior august (2007) he failed to lower interest rates enough. the guy is bright but overthinks.

    my retirement plan has always been to own my own home and keep working. recent evens have made clear my fears were justified; there is not such thing as retirement anymore.
    Oct 12 21:51 pm |Rating: 0 0 |Link to Comment |View article
  • Lehman's Collapse: Broader Economic Damage Unlikely
    why can't i find a credible explanation in the press (financial or otherwise) for the difference between BSC and LEH?
    Sep 15 23:10 pm |Rating: 0 0 |Link to Comment |View article
  • Calling a Bottom: It's Time To Party
    what is all this about capitulation? i heard the fear in the NPR newscasters' voices on July 14. if that wasn't capitulation, i don't know what is. it is taking longer to recover than expected because each bank that is going to fail has to do so on its own terms.
    Sep 12 00:32 am |Rating: 0 0 |Link to Comment |View article
  • Desperate Times Bring Redesign to NY Times
    you should be in LA. They've done far worse to the LA Times. They (zell) just wanted the real estate anyway, which they've promptly put up for sale.
    Sep 07 00:02 am |Rating: 0 0 |Link to Comment |View article
  • Rescuing Frannie
    "Of course, bookstores will have to re-shelve Greenspan's book to the fiction section, but no one will be looking for it anyway." ROTFLMAO. Thanks, bx Capricorn!
    Sep 06 18:02 pm |Rating: 0 0 |Link to Comment |View article

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