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Valuation, etc. is beyond my pay grade, however, what do you think a Tobin Tax would do to that business? Exactly! For me, I'd want to stay away until the smoke clears.

Nope, definitely not true.

Ha! Ain't karma a bitch LEH?

Bull shit. She had to have been personally served with the foreclosure action, and even if she had filed no response and had been defaulted, by law, she still would have received a copy of the order of the court scheduling the foreclosure sale, which by then is months if not years after the...

And are you cash flow positive on those units? I can't see how you could be considering rents remain flat at best, and you paid around 40% more for these units, and thus your debt load is presumably 40% greater as well.

Clearly, you have never owned residential rental property.

Do you use the same rigorous analysis in your trading?

$5MM? I doubt that even covers the legal fees. So, PB why not get your day in court? Kind of a hollow victory ain't it? Also, not getting much traction against the Prime Brokers thus far.

Hmmm, allow me. http://globaleconomicanalysis.blogspot.com/2009/11/fha-bailout-by-taxpayers-on-way.html

They should have stuck to making Formula 1 cars. :D

Obama is like an ancient mariner lauding the fact that the crew bailed 650K gallons of water out of the leaky boat, while ignoring the 2.5MM gallons of new water that entered the boat. The boat is still sinking.

For all those who love to see the financial gurus get their comeuppance: http://www.businessinsider.com/the-idiot-maker-rally-2009-10#nouriel-roubini-how-low-can-the-market-go-1

Hmmm, well gee, I wouldn't know that, assuming its true, since I trade a live account. You on the other hand, are obviously an expert in the demo. Good luck in the kiddie pool. Now, fuck off.

You have NO clue! The tax would be on the nominal value of the contract, not on the profit you might make from it. Oh, and you would pay the tax whether you made a profit or not on the trade. I don't trade the YM, but for example 1 ES contract is roughly equivalent to 500 SPY, which in turn...

Yep, my TA DOM doesn't freeze either. I've been continuously with TA for hmmm about 4 years. Now, if you are using the TA Sim, then yeah there is a lag. I'll bet the youtube video is using a TA Sim acct. Personally, I haven't yet figured out a way to make money using a Sim Acct., so I trade...

Hmmm, some say the same thing about traders.

No wiser words could be said on the subject.

Hmmm, that would depend on the time frame. Many shorts have been looking for the same thing for months.

Show me a case where a judge has dismissed a foreclosure action and the lender went away empty handed, where the originals weren't produced, and the judge refused to allow the plaintiff to re-establish the terms of the note under UCC 3-309.

Really? Who is that? Got a citation? And why is a foreclosure action being tried in federal court? Foreclosure is a state court remedy in the vast majority of cases. For the federal court to have jurisdiction, there has to be a either a "federal question" involved; a bankruptcy, or there...