Search results

Bear responsibility for what? The credit crisis? Once again, what does the individual have to do with mortgage derivatives?

Still struggling with the question I asked you? LOL, let's try again. So what is so special about mortgage defaults & foreclosures this time that it is collapsing the financial system? I figure in about 10 years, you might finally figure out exactly why banks were jumping over each other...

Are you retarded? Why would you go all out long and then stay long in this market?

You're correct, metals don't have alternative delivery payments like energies do, I mixed them up. Only as the last resort. December should get very interesting for gold & silver. Personally, I hope it stays at these depressed levels even longer.

Do you have any reference to show that Greenspan as the Fed Chairman gets dictator-like powers?

You're funny, in a pathetic sort of way. The reality is that you are a clueless & sad idiot. But it is entertaining. Let's get back to my post which obviously hit a nerve with you, probably cause you cannot face any logic. So have you figured out why the "deadbeats" deserve so much special...

You're a hopeless sheeple and I actually don't mind you staying that way, cannon fodder is always a plus. Anyone who has not recognized that there no real difference between the two main political parties is too clueless to dicuss real matters with.

No they don't, come on. Cipriani's is a tourist trap. I'm amazed you actually do not know this, lol.

LOL! You're hopeless, thanks for playing.

Cause you can settle the delivery with a cash transaction, which is a better option if you just want to lock in gain based on the net dollar amount. The premonition is that investors & dealers are buying contracts not to speculate but to take delivery at the spot price. So they will demand...

I know and some industry insiders have said the same but the exchange does not even have any incentive to take any proprietary positions ever. Unless someone is pulling the strings from behind the scene. I think mostly likely scenario is a scramble to cover to avoid deliveries.

This was never true. Most IBankers, by a very wide margin, burn out within a few years. The percentage of those who make it past the associate level is not high and never was. Trader and analyst are two different sides of the industry, by the way.

Money supply started ramping up in the 1980s. Reaganomics (aka give money to corporates) and junk bonds were big drivers. That was really the beginning of the Financial industry becoming the backbone of the economy.

You're an idiot, that has little to do with it.

Just being honest. On the flipside, I do correct your haters when they are wrong. [B] Whoever is dumb enough to buy Wall Street crap. Pension funds, mutual funds, government entities all across the world. Come on now, it was AAA rated, lol. Much of the worthless paper stayed on...

Oh really? Thank you Captain Obvious for pointing out that living beyond your means is a problem. Did you ever stop to realize that this nation has been living beyond its means for decades? So what makes these average joes so special THIS time around? Please explain. I just saw you are...

I don't know why I thought it was 1990s that it was established, the signing of the order was 1988. I'm either confusing it with something or thinking of some follow up document in 1991. The P/Es have nothing to do with PPT. They went out of whack during the 80s bull market and the real...

I know you are not a bright guy but let's see if you are also really dense. Whether the mortgage was defaulted on or not did not make a difference that these trillions of derivatives are worth less than the paper they were written on.

What is your point? Those "deadbeats" are getting the standard deadbeat treatment. They lose their home, they destroy their credit and have defficiency judgements after them. Did you care this much about them back in 1990s? Meanwhile you are willingly handing over your money to the...

First of all, the elections are just a big theatre production, no matter who you vote for, so that point is moot to start with. Second of all, Bush admin had little to do with the derivative markets. In fact, the key events that allowed & started this latest racket were in the 1990s when the...