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If I've understood this article correctly, it's much worse than just swaps. If it were just swaps (the 22 trillion USD figure the Brussels document cited), then it wouldn't be as big a problem, because specific counter-parties would either get paid or not, but they're sophisticated players in...

Fish oil can impede absorption of medications and other supplements.

They still definitely took out the 16 trillion EUR figure (about 22 trillion USD). So, what % of toxic assets go bad, stop performing, etc? What is the inherent worth of 22 trillion UDS worth of toxic assets.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aRgn03yslgCU&refer=home Regulators Shut 4 Banks, Toll Reaches 13; Deposit Fund Shrinks Email | Print | A A A By Margaret Chadbourn Feb. 15 (Bloomberg) -- Banks in four U.S. states with more than $1 billion in assets were closed in a...

If only one person got some value on this, that's all I needed to hear. I'm glad more than one person snagged it, though, too. Cheers.

David Faber, not Marc...sorry. I think David Faber did a pretty good job in this.

The guys that made the money off the unprecedented bubble that was housing (commercial and office RE, too) were in the very right time at the right place. They were extremely fortunate, and I bet that less than 4% of them hung on to the money they made, because they didn't take chips off the...

I actually thought it was one of the better 'specials' CNBC ever did.

http://www.nytimes.com/2009/02/15/business/15global.html?hp Rise in Jobless Poses Threat to Stability Worldwide By NELSON D. SCHWARTZ Published: February 14, 2009 PARIS — From lawyers in Paris to factory workers in China and bodyguards in Colombia, the ranks of the jobless are...

http://www.bloomberg.com/apps/news?pid=20601087&sid=a77M8wUfH6BE&refer=home G-7 Says ‘Severe’ Downturn to Persist, Vows to End It (Update2) Email | Print | A A A By Simon Kennedy and Sandrine Rastello Feb. 14 (Bloomberg) -- Group of Seven finance chiefs vowed to tackle a...

They also completely deleted the original article. Has anyone else noticed this? First, they removed the 16 trillion euro figure. Then, they completely removed the article. I've rarely, if ever, seen this happen.

Oh, also, there is rampant speculation that a key provision of Geithner's plan to be unveiled will involve suspension of mark-to-market. If so, it just adds more credibility to the complex theory that we're screwed, IMO.

No one believes me when I tell them of this situation. I have to come here, pull up the article, and either show it to them or email them the link.

When China is able to transform their native population into spenders rather than savers, they will tell the U.S. to FO. It's as simple as that.

I have an extremely well-educated, well-read, and successful friend (civil engineer but he's a real estate developer - mostly commercial, and he's done very well) who truly believes that monetary policy of the federal reserve and other central banks is used to intentionally create inflationary...

This is a great post.

Trump Quits Trump Entertainment as Debt Payment Deadline Looms http://www.bloomberg.com/apps/news?pid=20601087&sid=anV7LT.G5BnE&refer=home By Beth Jinks Feb. 14 (Bloomberg) - Donald Trump resigned from the board of debt-laden Trump Entertainment Resorts Inc. as bondholders weighed...

ET is by far, collectively, the most unappreciative site I've ever been a member of. There is no incentive to share anything of benefit for the ingrates here. I've posts 4 or 5 great deals in the last year or so, and not one person has thanked me. F@%k it.

http://www.nytimes.com/2009/02/13/business/economy/13yen.html?_r=1 In Japan’s Stagnant Decade, Cautionary Tales for America By HIROKO TABUCHI Published: February 12, 2009 TOKYO — The Obama administration is committing huge sums of money to rescuing banks, but the veterans of...

ARealGannTrader. were you a mortgage broker at Quick Loans, or a 'risk analyst' working on CDSs and CDOs at Bear Stearns or Lehman?