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Newly Poor Swell Lines at Food Banks Nationwide Cindy Dreeszen and her husband Alex Orejuela and their son Matthew at the Interfaith Food Pantry in Morristown, N.J. http://www.nytimes.com/2009/02/20/nyregion/20food.html?_r=1&hp By JULIE BOSMAN Published: February 19, 2009...

Not to my knowledge, but someone more technically knowledgeable should and could probably weigh in here. I don't believe cc companies such as AMEX WERE required to meet the same type of % of loans held on account as cash as bank holding companies are - but then again, AMEX did convert itself...

Some little pussy keeps rating my threads one star. That's okay. If they are that weak psychologically, I'm sure they were long, and blew up, and I hope they get catharthis. Back on topic - Obama is getting off to a bad start, but he really did inherit a full blown CLUSTER. Look for...

http://www.bloomberg.com/apps/news?pid=20601213&sid=aadCHxMM8zbU&refer=home Bank of America, AmEx May Suffer on Card Defaults (Update1) Email | Print | A A A By Hugh Son Feb. 19 (Bloomberg) -- Credit-card defaults may rise beyond 10 percent this year, breaking records and wiping out...

PCX:US Patriot Coal Corp Industry: CoalAdd Security to your Watch List 12:10 New York Currency: USD Price 3.860 Change 0.783 BidN.A. AskN.A. Open 4.070 Volume 1,464,358 High 4.150 Low 3.830 52-Week High 82.22(06/19/08) 52-Week Low 3.75(02/18/09) 1-Yr Return...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aXtNRPHr7HY0&refer=home Roubini Says a ‘Sovereign Bank May Crack’ as Crisis Worsens By John Fraher Feb. 19 (Bloomberg) -- Nouriel Roubini, the New York University professor who predicted the global credit crisis, said a...

Were was anyone, asking anything, over the last 15 years? Wow. I am blown away by the shit people pulled and got away with. This guy is toast, but like Madoff, look at all the people he took down with him, all while he built his client base and personal billions playing golf with...

Even on his BEST stocks, he has lost HIS ASS. His original index was even worse. Much worse. You have two choices with him; terrible, or galactically ugly.

Thursday morning bump.

Any updates? How's PCX doing? stock_trd3r, the worst stock picker of all time, by a galaxy.

I asked it before and I will again: Is anyone surprised by anything Obama is doing? He is doing exactly what he said he would during his campaign. He just sent an additional 17k troops to Afghanistan, by the way - which he said he would do. Is it shocking to see a politician be true to...

This is a good point, and this psychology is EXACTLY the kind that leads to depressions. A bunch of people really have gotten wiped out. I've never seen anything close to this - home values cut in half or worse, 401(k)s, pensions, unemployment, health care benefits disappearing... I am...

Faber Says Germany, France May Have to Bail Out Nations February 18 (Bloomberg) -- Marc Faber, publisher of the "Gloom, Boom & Doom Report" and managing director of Marc Faber Ltd., talks with Bloomberg's Deirdre Bolton about the possibility that France and Germany may have to bail out entire...

If you use a 'wealth destruction' model, this downturn is brutal. Almost every asset class has gotten eviscerated, from equities, to real estate, commodities and...almost everything. The declines in valuations are purely brutal.

Trader Panzner Foresees Wealth Destruction, Rising Crime, Guns http://www.bloomberg.com/apps/news?pid=20601088&sid=aj9YrEC5DB6A&refer=home Review by James Pressley Feb. 18 (Bloomberg) -- Abandon hope, all ye who open this book. Michael J. Panzner, author of “Financial Armageddon,”...

Great job, TURDER!!! Your INDEX IS SMOKIN'!!!! You da man.

Yes, the mental meltdown that wiped out 90% of the value of the stocks you claimed you bought, and recommended that others buy.

See below for the textbook definition of 'pussy.' Make that 'gigantic pussy.' Turder gave his word he'd leave when the S&P hit 1250, because he claimed it would never happen. It did, and then kept dropping. But he's still here. Because he's a pussy. How goes the infamous turder...

At what point do people believe one may have a clue? When they're right twice? Three times? 4? Don't be sucked in by vague, bullish talk about 'cheap equities.' They will become much cheaper, and for some time.

Europe is in deep trouble, as are U.S. states (and consumers). That article about 22 trillion U.S.D. of toxic assets being held (they tried to keep the number confidential) on the balance sheets of European Banks will haunt us all. Asia has pneumonia. America has TB. Europe has meningitis.