Your reading comprehension sucks.
Do you even READ the articles that you "cut and paste" . . . or are you simply more interested in the .50 cents per post that ET pays you in order to generate web-activity?
"But officials at JP Morgan are loathe to take over and integrate another financial...
All thanks to idiots that tied Federal Reserve credit creation to incredibly stupid regulations that required partial gold backing of credit in the form of Federal Reserve demand notes. When people redeemed Federal Reserve gold, it then reduced the Fed's limit on allowable credit. As a result...
A much better view is given by the Fed's Balance Sheet, reported data as of Wednesday on a weekly basis.
here is a bit of a "primer"
http://blogs.cfr.org/setser/2008/10/02/give-the-fed-a-bit-of-credit/
http://www.econbrowser.com/archives/2008/10/balance_sheet_o.html
I would tend to agree.
With no cash on the balance sheet, it's simply a trading vehicle now, with the prospect of a potential suitor. From here on out, the price of NG will be very important, which usually makes a seasonal low in Oct.
Don't think so.
Lot's of damage already done. There is an investor conference on Monday in an attempt to present some visibility regarding raising cash and curtailing E&P budgets. The stock price actually traded UP after hours on Friday before settling back a bit.
It was on sale for $160.
You obviously missed it.
New Egg even has the 920NW "Open Box" for $140.82
http://www.newegg.com/Product/Product.aspx?Item=N82E16824001100R&Tpk=Samsung%20920NW
Again, your "buddys" outfit is a RIP-OFF!
:D
You are a complete MORON times 10.
You obviously have zero understanding about counter-party risk let alone the fact that there is nearly $70 TRILLION dollars out there in credit default swaps that have lead to a "frozen" banking system, an illiquid commercial paper market, collapsing GLOBAL...
Actually, you have a lot in common with them because you have ZERO CREDIBILITY . . . You have no basic knowledge about the capital markets and counter-party risk, credit default swaps, etc., let alone how they work. You have zero knowledge about anything regarding the banking system. Period...
Lehman Brothers Credit Default Swap auction results are coming out after 2PM EST.
There was some $600 Billion in CDS that they had, leveraged at 20:1 gets you up to $1.2 to $1.5 TRILLION DOLLARS!!!
Cash settlement.
Thus, have to raise cash by selling stocks, in order to pay off on the...
Pumping a DTN "IQ-Feed" through Quotetracker and it has been rock solid all week long for equity quotes.
No disconnects, and quotes have been fast.
:cool: