Recent content by PShep

If you think this was orchestrated -- then you must believe that there is some sort of ending to this - I assume - that would be semi-good for the Fed.. When it comes time that the Fed needs to sell assets from their balance sheet to withdraw liquidity (fight inflation) you will have a big...

When this was all getting going strong in the early 2000's -- There were knowledgeable people who told the Merrill Lynch CEO that OTC derivatives would bring down his company. Those people were laughed at. Meredith Whitney was simply the first person with a voice saying this that the...

Dude - learn how to read body language. Bernanke and Paulson were scared witless. Do some research about the culture of the big banks -- they really were that stupid. I do believe in cycles. Fraud run amok, disgust of govt leeches etc are human behavior that seem to build up and...

I hate to break up a good conspiracy -- but actually the boys running Wall street were really that stupid. Young geeks in the 90's with no concept of risk -- dreamed up securities that their mangers did not understand. Everyone was blinded by the huge fees and it appears that most of...

--Anything AAA (thats USA Banks) can be --transfered to the FED. --So never ! ha ha ha --Taxpayer pays ! --The Rest of World banks, should ask the --Fed to extend there credit lines, they --HAVENT SAID NO YET !!!! Exactly -- it sure gives me a warm fuzzy feeling to know that the...