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Franz SHOAR?? Really? That has to be an interesting story, and one that I am not familiar with. Do tell. That guy was an (un)institution at the Forex Factory, from what I've been told.

Jon Stewart Exposes CNBC's Worthlessness March 05, 2009 Thanks to subscriber Tom for sending this. In the clip below, Jon Stewart does his usual masterful job, this time on CNBC's worthlessness. Here's an index of key moments: * Cramer's "Bear Stearns is fine" call. (3:03) *...

Hedge Funds May Cut 20,000 Jobs as Losses Erode Fees (Update1) Share | Email | Print | A A A By Katherine Burton and Saijel Kishan March 10 (Bloomberg) -- Hedge funds may cut 20,000 workers worldwide this year, a record 14 percent of the industry’s jobs, as investment losses and client...

Ah yes, Billy Rennick and his magic, crystal ball. The epitome of the dullards of ET; making calls somewhere between 12:10 and 1:15 everyday about what the indexes will do in the afternoon, typically getting it wrong in the process. Such irony. Really riveting stuff.

Hahaha. That's great.

The tape says you are wrong, either sincerely, or insincerely. Cramer said Bear Stearns 'is fine.' How could it be clearer than that? You seem willing to stretch the truth until the point where it is silly taffy. The all of ET, you make the call: <object width="425"...

Last Updated: March 10, 2009: 10:16 AM ET U.S. government will not change its rule that forces banks to publicly value their assets. http://money.cnn.com/2009/03/10/news/economy/mark_to_market.reut/index.htm

Short away all you daytraders. +235 means there's about 235 to 335 points to fall before the close. The Bernanke spoke calmly rally...:eek:

Thank you. Someone gets it. Even if GM and Ford survive, it will be based on a business model of designing and building new parts and products in China, Korea and Thailand, selling to Chinese, Koreans and Thais, and if there are any cars leftover, 'exporting' them to the U.S. And then...

http://www.bloomberg.com/apps/news?pid=20601087&sid=acmiX_sr8yuc&refer=home “We’re going to continue to see very volatile markets,” said Ron Rimkus, a money manager for Raleigh-based BB&T Asset Management, which oversees $17 billion. “There’s nothing good going on in terms of the...

On a more serious note, Joe, Ivan, Baron, whomever - what's the policy on sponsorship and moderation, in terms of conflict or potential conflict of interest? This is just out of curiosity for the time being, so indulge me so long as it doesn't require you to divulge information you don't feel...

I've heard nothing but that, not but from all, but from most Republicans, including ones right in this thread. Start a thread stating 'Economy Would Be No Better Now Had McCain Won' and see what kind of responses are generated.

Just an FYI; I'm not predicting. I do think it's of some value, and maybe a lot, to at least consider the equity market in Japan that's declined for 20 years now, wiping out a generation of Japanese investors and retirees. From 6600 to 6600 in 12 years here is one thing, and some hrtr say...

What lessons are to be learned from the fact that there are 35 and 45 year old Japanese who invested a substantial sum of their life/retirement savings in the Nikkei, the Nikkei peaked at 39,000 in 1989, and it now sits at 7,000 20 years later, when they're at or near retirement? Is it not...

For the terminally obtuse, the premise of this thread isn't that equity markets have not declined further, as a numerical fact, since Obama took office. The premise of this thread is that the economy was already in a state of deep recession and government spending had already pushed the...

If you think other former bank oligarchs won't be following this lead, wake up and smell the coffee. HSBC already announced closing ALL operations in the U.S.; RBS is going so much further. Is globalism dead? Someone high up must know 'things.'...

Affirmative.

China has lost 30 million jobs in the last 6 months. It was reported on MarketPlace tonight. They said communist party delegates are getting shouted at and even assaulted by laid-off factory workers, which is almost unprecedented in China.

Yeah, well, former executives are taking janitor jobs to make ends meet, and 20,000 people applied for concession stand jobs at Dodger Stadium, including accountants, when the typical number that show up is 800-1,200. The market has no clarity right now, and I wouldn't be surprised to see...