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$6-8 Billion writedown? Is that before or after they pay him the big buckos for job-well-done?

Is that why Paulson is Treasury Secretary?

"Central banks dont have to show profit or loss" That's good - can hide the profits because there won't be any losses.:)

"The fed prints money for free and charges you for it" The TREASURY prints the money. They just do what the Fed tells them to do...:D If the member banks of the Fed get paid interest for the money loaned to the gov't that they told the Treasury to print, does that profit show up on...

"If he/Fed are not going to do their job then why have them?" The Fed is to keep inflation low and to maintain economic stability. You have only to look at history to see what a fine job it has done. After all, no one profits from instability and economic turmoil, do they? You should...

"I'm not so sure the Fed has failed. I'd say the number one culprit for the housing bubble and virtually every other bubble is the American public; Joe Sixpack. The Fed's role has effectively become that of a babysitter - protecting the people from themselves." HO HO - this is rich! Blame...

No

Shot at 2007-07-10 Moonshot...

I agree with you about BCON. It had a few false starts but finally boogied... You can't short stocks that cheap though Shot at 2007-07-08

That is circular. If skill = edge in your definition, then they are the same thing. If there is an inefficiency in the market but you don't know how to exploit it, the "edge" of knowing it doesn't help you. On the other hand, if you have the knowledge/skill of how to exploit an...

? How skillful can you be exploiting a non-edge???

http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2007-07-03T211939Z_01_WAT007834_RTRIDST_0_FANNIEMAE-URGENT.XML " WASHINGTON, July 3 (Reuters) - Former Fannie Mae top executives Franklin Raines and Timothy Howard are set to receive bonus payouts under the mortgage...

"if you could have bought BX at $31 and sold it at $35" I've looked at the chart on the IPO day and don't see it at $31. Is that the price for people BEFORE the ipo day? It's dropping today.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=bx&sid=0&o_symb=bx&x=0&y=0 What's with the "closed higher" hype. Yahoo Finance has it closing down. BigCharts has it "unchanged", but not when comparing Open to Close. So those in before the IPO debut flipped them and made...

Bet Kevin Rollins got a nice fat paycheck for f--king up the company too. But then, Michael Dell did choose him after all...

Dell has been having hardware problems lately, so until they fix those and improve customer service, it'll be an uphill battle no matter what. HP has been eating Dell's market share. My next PC may be an HP....

http://www.marketwatch.com/news/story/secret-stock-market-upstart-systems/story.aspx?guid=%7B11EB6EC9%2D6D71%2D43C9%2DADD2%2D59C6B9E3C5D1%7D I looked for whether or not the volume traded in dark pools gets reported (does it show up on the daily volume of the traded instrument?) but the story...

"Vista - the virtual desktop that virtually works with nothing" It blows. Will start exploring Linux so I don't have to be trapped by this junk.

You sure a W5K equal weight exists? Where did you hear it referenced? If you want eq wt, you can try the VL Arithmetic http://finance.yahoo.com/q?s=%5EVAY

http://finance.yahoo.com/q?s=%5EDWC