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    FDIC Friday

    A tumultuous week for financial markets was capped Friday with the closure of Northfork, W.Va.-based Ameribank Inc., the 12th U.S. bank closure so far this year. The Federal Deposit Insurance Corporation said in a statement late in the day that deposits at Ameribank's Ohio branches have been...
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    Russian collapse coming?

    Well the west did their everything to keep him in power in WW2 and thus beyond.
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    If this were China Greenspan would be executed

    He'd probably like it.
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    What's the play if LEH goes under

    What if the 'capitulation' never happens because the big boys pre-empt the capitulation dive. Or just zig zag a few more times until the 'capitulationists' have been finally suckered into the rise, OMG I missed the capitulation, now it's going up, all in now! A true capitulation would only be...
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    GDP #'s rigged

    Good ideas about the GDP but a slightly misleading conclusion, it's not that the dollar is so great, but that other currencies are turning worse. EUR/USD at 1.40 is still historically way high while eurozone is sliding into a significant recession.
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    Treasury unveils plan for Freddie and Fannie

    http://www.iht.com/articles/2008/09/06/business/07fannie.php "Indeed, one person briefed on the company's finances said Freddie Mac had made accounting decisions that pushed losses into the future and postponed a capital shortfall until the fourth quarter of this year, which would not need to...
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    Oanda - Add Your SCAM SCREENS Here

    There are plenty traders at Oanda with 7 and even 8 figure accounts, nothing strange about that. You don't believe that, come join us at Oanda's msg boards. I'm not sure you really appreciate how huge Oanda is and how terrific they have been ever since they opened years back. Check out the...
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    Oanda - Add Your SCAM SCREENS Here

    Complete rubbish, have had a 6 figure account (not grown into 7 yet) for years, platform worked perfectly through NFP, again. Oanda has been the best in business ever since they opened shop.
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    Barry Dunham for prez

    http://obamacrimes.com/index.php/component/content/article/1-main/1-philip-j-berg-esq-files-federal-lawsuit-requesting-obama-be-removed-as-a-candidate-as-he-does-not-meet-the-qualifications-for-president We might be getting our first illegal alien prez.
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    SEC Extends Order Limiting Naked Short Selling Through August 12

    Oh but they do, it's just that the cars aren't theirs!
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    The truth about oil, gold, trading, the market, the olympics and the big dump

    Umm as China is flush with cash how is it going to take them decades to pay for anything? Their main problem seems to be the inability to use that cash in a productive fashion. Investing in US govt bonds is something for developed countries to park their pension money, not the way for a...
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    Shorting MCD (McDonald)

    McCrap is expensive in Europe, if the euro economy tanks it'll hit MCD as well. Asia is different, there McCrap is relatively cheap.
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    The stage is getting set for a major move in the FX markets

    It doesn't need to if EUR weakens. :D
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    Oanda - Add Your SCAM SCREENS Here

    Even worse is if the 'faulty' spike triggers a stop loss (or you just close manually when price starts going heavily against you) followed by real price action into same direction. Oanda rolls the closing trade back and voila, your losing position is back, this time probably heavily in red as...
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    A second, far larger wave of U.S. mortgage defaults is building

    I really don't like the tone of this: http://www.iht.com/articles/2008/08/03/business/mortgage.php "NEW YORK: The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is building with alarming speed. After two years of upward...
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    "Hot Wheels" worth more than GM

    That's the way it should be as Mattel cars are much more environmentally friendly and fun to drive. GM failed to innovate, now GM fails. Go Mattel! Soon to expand into pedal cars.
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    Brka Brkb

    BRK.A was only $60,000 at 2001-2003 lows, yet that was not a time of suffering for financials and housing, or even consumer, which make up a significant core of BRK holdings. It's admirable how well The Buffett Magic has kept BRK stock price in the sky against all realities.
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    Ib Efp Wtf

    The raw EFP bid price was probably somewhere around -0.20. So how does that make the above equation profitable to me? I really don't get it.
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    Ib Efp Wtf

    EFP AUG08 Futures HBC1CQ8 Bid 20.200% HBC AUG08 Futures HBC1CQ8 Bid 81.14 HBC Stock Ask 81.85 Ex-div date is 20 Aug, future expires 15 Aug. So by selling the EFP for income one would buy 100 stock for 81.85, then sell them in the future for 81.14 and NOT receive the expected 0.90...
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    CUIL to impact GOOGLE ?

    Stupid name, won't fly.
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