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Nardelli of Chrysler will be next. With his vast automotive experience gleaned from running Home Depot into the ground, and then overseeing the plunge of Chrysler quality, where will he go?

Get accustomed to the fact that there's 9 million people in Michigan, 4.5 million of whom live in the tri-county area I live in, and I've closed more commercial real estate deals dollar wise in two years than you have your entire life. I have two homes in Michigan, including Oakland Township...

The urgent task now, he says, is to realise that the system that collapsed was flawed. “Therefore you can’t restore it. You have to reform it.” He worries that politicians have not yet accepted the need for fundamental change and that “a lot of bankers have their head in the sand”...

Congress gives some 170 billion to AIG, some 200 billion cumulatively to BofA and Citi, then grandstands in the House and Senate, yelling at the bank CEOs to 'lend the money.' Either the Congressmen and Senators are giving the Oscar-Award winning performances of their lives, or are completely...

If you believe in efficient markets, a government bailout of Bank of America or Citibank, AIG or any other institution would be deemed heresy. Any institution that dug a grave for itself in the past through poor risk management would have to fall on its sword and fail. Here's the kicker...

http://www.timesonline.co.uk/tol/news/uk/article5989163.ece March 28, 2009 George Soros, the man who broke the Bank, sees a global meltdown Alice Thomson and Rachel Sylvester George Soros was 13 when the Nazis invaded his homeland of Hungary. As a Jew, he was forced to adopt a false...

I'm probably roughly half your age, and have made more money in my primary line of business in the last 4 years than you have your entire career. Tell me when you sell hundreds of acres of land to big box retailers and can close those kinds of deals. What were you bragging about; making 2...

OldTrader, you don't even rate a response. You still believe Cramer made a semantical, hair-splitting distinction between Bear Stearns deposits and their market position when he told a random caller 'Bear Stears is fine,' days before they failed. You're probably the most naive asshole here...

I know that simple math mandates that sinking hundreds of billions of dollars into one bank (Citi), and running the risk of having to sink even more future taxpayer dollars into it, when it can be bought, in its entirety, for 11 billion, does not seem to be a rational policy response.

Yeah, good luck to them with all of that.

Landis, I do realize this. So far, taxpayers have sunk 400 billion into Citigroup. Citigroup could have been purchased outright for something along the order of 11 billion dollars a month ago. These policies Treasury and the Federal Reserve are following are insane and inefficient, and...

Those f**kers are simply taking taxpayer money, skirting the bonus tax, and paying the ass clowns at that idiotic bank in a manner designed to get around that tax. Mind you, if BofA was NOT taking taxpayer dollars, I could care less if they paid these employees 5 million a year, 10 million...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aSxLH6u4FVJw&refer=home

Obviously, I took artistic licensing with the title, but that's the basic gist. I agree with Krugman. Obama will be making a massive mistake if he empowers Geithner to revive securitization on a mass scale. The Market Mystique http://www.nytimes.com/2009/03/27/opinion/27krugman.html By...

What are you, like 12? Go to bed.

Agreed. Excellent. Housing prices were the rocket fuel for the last boom cycle. Not only is that over, but still collapsing home values now - in the wake of the the biggest asset bubble and bust cycle history has ever known (70 trillion dollar bubble) - have dragged other forms of...

So, the raw data showing Japan's exports dropped 50% and China's exports dropped 27% is 'fear mongering?' I won't even get into European issues.

I don't believe so, DC. Most vitamins one takes orally are excreted, intact, in the urine. There was a massive Lancet study that showed over 98% of orally taken vitamins passed through the urine, unabsorbed. There are some that do get absorbed through the gut or GI tract, but they are few...

I'm going to organize all you Ostriches a night with Kudlow, where you can all sit around, he can wine and dine you and entice you with tales of mustard seeds, and then you can all head back to his place, for a night of bullish, pollyanal sex. Or, you can actually pay attention to the real...

I had thought you were a moron. You've now removed all doubt.