Search results

Umm here is the rub. There can not be any gotchas because if not institutions will not participate and will just go chapter 7 or 11, thereby circumventing this whole bailout. The idea is we dont want 1000 insolvent institutions. This is why Paulson wants no gotchas in the bill. He wants...

Given that the government is now printing its way out of this crisis what are the risks for hyper-inflation? For those who believe that inflation is directly tied to the expansion of the money supply. That Hyper-infaltion is the result of a collapse in the confidence of a fiat-currency and by...

Leave it to the LA Times to bring out the crap of the world to come and comment on the U.S. Italy hasn't had an economy in 50 years. As far as Greenspan being as dangerous as Bin Laden. Bin Laden and Greenspan are a product of the corrupt Washington Plutocracy maintained in power year...

I like Krugman columns. They make great liners for my cock fighting pens. Seriously Krugman articles are as useless as the rag that prints them. Shadow Banking..yadad yada....I warned 6 months...yada yada...Paulson is playing russian roulette... Paulson is fucked him and Bernanke have...

This isn't 87, 29, 98, 79 or whatever else you want to compare it too. This is 2008 and the Fed just said that you can take a hot steamy dump wrap it in tin foil pour a little light fluid set it on fire, drop it in front of Bernankes door and knock. they will take it as an asset. Bernanke...

this makes you half right. Anyone can be a winner if you have no risk. BoA purchase of Merill makes no sense right now If boA is healthy. but they are not, They will have to mark to market, and absorb the losses. This deal will not happen at this price. Where is the liquidity coming...

So thats how they're go finance this deal. I would expect the $15.00 to go up to $250.00 and minimum balance of $500K. with an 10% early withdrawal. This should cover the funding gap.

If MER was in such bad shape that they had to move, then they need capital. Its all stock but how much money is BAC gonna inject to stabilize this? And where is that money coming from. I have $50 dollars in my BAC checking account does this mean I own $25 of MER?

Its sad, Piss all you want. But what has happened here is a direct result of getting what you wish for. In 1998 people wanted deregulation and we got it. These firms are very guilty or I should say the shareholders, BOD, and C-levels, But had we maintained glass-stegall we wouldn't...

Capitulation? I don't know. If this is the bottom there is still a surreal calm to the whole affair. I mean we just reshaped 150 years of financial dominance and stability in 6 months.

Good post. Thanks

I have to concur with you there. I am selling my condo I wanted to keep and rent it but a $135K condo rents for 750/mo (you need to pay $200/mo in maint) here in Miami. You can rent $500K home for under 2k here easy. Its a little insane. Prices versus rents are pretty out of hand. I...

6.5 - 8x cashflow!! Are you talking about Operating Income or Gross Income. My Condo (which I debated renting) is priced at 25 times net operating income. 14 times Gross (rental) income for an annual gross yield of 7% before expenses. definitely no positive cashflow after debt service even...

Let's assume and I am not convinced that Real Estate is tanking. Stocks are probably done also, with the raising rates and at best we can expect so so returns. Anyone shifting funds into new areas and what are they?

So the question is who is gonna sell into any rally tomorrow or hold for at least a couple of days?

Who thinks the market is selling off because of a rate hike? My gut says we priced in a rate hike probably 2 weeks ago. I think at this point it's two main factors 1) President Bush, looking very vunerable. Regardless of politics, tax hikes and offshoring controls promoted by Kerry is not...

Could China 04 be Russia 98? http://www.businessweek.com/1997/12/b351999.htm

One less American Hero. God Bless Pat Tillman and His Family

Pretty grim outlooks here regarding G-Money. I don't know not a big fan of gov. intervention but you can't argue with 17 yrs of prosperity and 5.9% unemployment rate at the peak during the recent crash. If you told someone in the 80's that we would have 5.9% unemployment during a crash they...

More Anti Americanism. No solutions what's new. Hopefully we will see this through and the critics will be reglated to footnotes of History. I see 50 years from now two scenarios flourishing Muslim democrarcies (hopefully not an oxymoron) or a series of giant craters. The line has been...