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lol

another stupid action by google yesterday (1/12). Are they out of their minds?

Eventually the tax payers will pay the house for the couple.

LOL

interesting and thanks. what is the trading management you used if it is not propietary information?

30 B is small potato.

Came back from a visit to China three weeks ago. From what I saw and what was told by friends, the stimulus package is really having a big impact in China, whereas in US it is still missing-in-action. Will the stimulus last? No one knows for sure, as it depends on also many other factors.

Just came back from China. My friends told me that even ordinary people are buying cars, whereas three years ago only business-owners and government officials could afford buying cars. So the news is largely true.

I lived and worked in Canada for 8 yrs. Canadians worked harder? It must be a joke.

yes. I have a friend who works for a national mortgage company and he said the home owners of a whole new building in FL havn't paid a single mortgage since 2006 and yet there is no foreclosure.

Both South Korea and Taiwan were under military dictatorships when they industrialized in the 1970's and 1980's. The democracy in South Korea and Taiwan you saw now is a result of the industrialization and not the cause of it.

Yes, Chinese cannot afford the stuff they produce, so they save the money, the saving rate in China is 50%.

This just shows your ignorance. China invented the paper, the compass, the powder, and printing.

scary. scary. scary. Karl Max also proposed communism and planning economy as an alternative to the capitalism's boom and bust cycles. How similar this is to Obama's view. As someone from a former socialist country, I vividly recall the political teaching at the time: how the capitalists...

For a comparison, is there any other bank in North Dakota and if so, how are the other banks doing?

not many. not one that I am aware of

I will cheer for you. I also work for a financial company (buy-side) that has been hit hard by the credit crisis, and I feel that my life has been wasted. Plus, since the crisis, the politics has been getting worse, as people realized that there will be fewer positions down the road.

AIG FP has many lines of business, many of them just arb the firm's AAA rating. DeSantis probably has nothing to do with the cds, if he is not the original traders and not one of the risk-managers oveseeing the cds book.

I think at lot of them are leaving now, unfortunately.

it's so funny,