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^thanks!!!

I am almost positive that NT is not a billionaire. I think I heard somewhere that he blew up his Empirica fund (or "experiment," whatever he calls it) a couple of years ago. By "blew up" I mean "bled to death." I challenge anlyone to find evidence of his net worth exceeding $1B. I like...

Is there a link to the results? I totally missed it. does it include off-balance sheet stuff too? maiden lane, etc?

well, and she is likely lying. if she said "yes, we know precisely where the $9T dollars are," what do you think the next question would be? one she wouldn't want to answer. Plus, it doesn't really matter. The fed can "dissapear" the money just like they created it, if they wanted to. I...

Ritalin is a psychostimulant, viz., helps you focus intently for extended periods of time. From reading your opening post I thought decreased focus and ability to concentrate was what you were complaining about?

Wow, low level bureaucrat-staffers are making $150k - $200k. What was the official inflation rate again? I don't know why I work so hard... I need to get a govt' job...

Centaurus never covers. They only double down... LOL.

Been reading about this on zerohedge: http://zerohedge.blogspot.com/2009/05/gm-is-officialy-wiping-out-common.html Cliffs notes: GM effectively diluting itself 99%, giving shares to govt & UAW. Since treasury will be biggest holder, they're the only ones needing to approve it. It sure...

I call bullshit. Fuck the greedy UAW is my response. They're he ones (along with round-heeled managers over the years) led to their business being ruined. If two parties hold the same contract in their hands, it's the same contract. It doesn't matter if it's a little frail old widow or a...

http://www.theonion.com/content/news/nation_ready_to_be_lied_to_about?utm_source=a-section really very funny (and sadly, true).

I just sent a letter to NPR (Natinal Public Radio; they ought to be eating this up) asking why this is getting no air time. I also asked if it's being surpressed (not like they could tell me if it is). The whole white-house extortion of bondholders and everything. I may send the same letter...

RR: I like your dollar trade too, btw. I just don't have the guts right now...

I agree with you about puppeteers(sp) using government to hoodwink the (largely) stupid populace. Even to the point where I am starting to wonder if this whole Swine-flu nonsese (and other attention grabbers) was a slight of hand to distract from what they're really doing (at Chrysler, for...

I think I remember asking this in some other thread: the govt forced Chrysler into bankruptcy right after giving them $4B? How stupid is that? Also, remember the outrage about the $300MM in retention contracts? I guess that's outrageous (along with those greedy, un-American Chrysler...

I grew up in Germany. They have social unrest about free university education. They have social unrest about unemployment benefits being reduced from 3 years to 2.5 years. They have social unrest about actuially having to look for, like, at least one job interview per year while on the dole...

Interesting that the whole Perella Weinberg thing isn't getting much press. Can you imagine if G.W. had done something like that? omfg, they press would have a FIELD DAY.

So from reading around it sounds like they're going to do a quick 363 sale and screw all the bond-holders (even more than thye've been screwed by Chrysler). I guess they better have had bought insurance! A government forced fire-sale to fiat with an end run around bondholders rights does...

^ agree that the fed has something to do with it. My first reaction to the thread was that the Fed had stopped buying so aggressively, and that's why long yields were rising again... who knows what they will and wont do. I don't think they know themselves.

Maybe it's a ploy to bail out Europe? Make money flow to European banks (via the AIG credit default swap hose)? Oh yeah: and GS. maybe I need to get on paranoia meds or something, lol

Can anyone offer a 30 sec synopsis of what happened at Chrysler, specifically regarding the taxpayer money given them a couple of months ago? Did the govt. force Chrysler into bankruptcy and thereby relieve them of paying back the billions they got earlier? The govt is becoming the DIP lender...