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Keep digging that hole even deeper guys!! Who cares about the consequences it's all about your bonuses!!! WaMu bets on blemished borrowers with credit cards http://seattlepi.nwsource.com/business/368297_wamucards25.html

WARNING: This post is full of lies and misinformation. As always do your own research and find out what Peter really has to say, such as NOT recommending shorting stocks.

Can there really be people out there that actually still believe Wall Street and take their advice at full value? haha

Unfortunately you are just delaying yourself from accepting the truth and moving on from there. The sooner the better for you and for everyone. Except your government that is.

Wow it's surprising how many of you really aren't picking up on this whole story. Like many others you just don't get it. Remember everything in our lives is just an experiment...many here love to place certainty on things to make them feel more comfortable and sleep better at night. You are...

I hope you can do some more research and make some more informed opinions... I sincerely wish you luck with that.

I don't follow. Yes I drink wine occasionally to try and forget all of this for a few hours.

What took so long???? Oh ya the rating agencies are a complete fraud. (ABK, MBI, etc.) GM, Ford, Chrysler Credit Ratings May Be Cut by S&P http://www.bloomberg.com/apps/news?pid=20601087&sid=aEl0bCQ4Fz_c&refer=home

I for one certainly do not need anymore convincing. I was convinced a while back... Now it just feels like a bad dream being played out before my eyes.

Morgan Stanley warns of 'catastrophic event' as ECB fights Federal Reserve http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/16/bcnecb116.xml&CMP=ILC-mostviewedbox

Glad to see there are people out there still thinking like you. It gives the rest of us a little more time to sell out and prepare for the dark times ahead. Keep ignoring the facts to help yourself feel better and sleep better at night, that will work for a little while longer.

Moderator: Why is this thread in Politics/Religion? I really think it has more to do with Economics, can you move it? Cheers

It's official. Wall Street is a giant pump and dump!

bang on

haha It's all good my man. They are all going broke! Credit as we know it will not exist. All whole new version of credit will emerge.

You changed the Poll question from the Thread question dofus. I change my vote to Lehman. Do all those companies actually borrow from the window? I don't think so.

Wall Street is collapsing then shortly thereafter the US Economy. Everyone vote in the poll!

Interesting information but lets try to keep this post on the very specific topic of "Coming to allow yourself to admit that the USA is in fact collapsing." And keep the votes coming!!!

I think David Walker said to himself "F it! Why bother trying to fix these problems when no one is listening to me, I'm heading to the beach with some rum and babes in hand!" At least that's what I would say in his position.:cool:

I thought you had a dickhead.