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the pensions & legacy costs get wipde out,,, the UWA comes back at 1/2 salary & is glad to contribute to medical insurance.... housing in Michigan gets vaporized... and then people rebuy at lower levels. and the CEOs get off their kneepads begging a Treasury b/c they made poor model choices...

nice blog thanks. i like the SPF set-up - depending upn the market

i dont see a govt gaurantee. CIPC, SIPC? basically the same - perhaps under-capitalized insurance programs?

i thought the account lkimit was $500K with a $100k limit on cash?

i refuse to do manual labor... but i have the maid coming only once a month now - i cant find anything after she leaves anyway... at least if im doing it, i know the shit is somewhere logical and its only a matter of time before it turns up. i hate yardwork, so we have a guy come about 16...

Berkshire-Buffet?

dude, its 92 degrees here and awesome. its beach time.

RFT hits the town to celebrate

lilDucking.... celebration all around at the family Duck-shack! note - its a repeat, but i a fav.

WA State has a tax when you sell a piece of real estate. it was like 1% or 2% - i forget what they called it.

margin call selling in the morning. track the slosh in the morning... if they drain, the fight over the bailout gets Fuglier.

well im sure a couple of days is plenty of time to research, negotiate, write and review a 110-page document with at least $700B in expenditures... either some one waited way too, or someone wants a sloppy deal quick. i mean, there are what, just shy of 600 in Congress? yeah, couple of days...

that has potential... nice tight stop too. thanks

....Maybe the bailout should not be of the banks at all, but of homeowners themselves. Maybe if we make the government the buyer of last resort of homes.... quote from Ben Stein! dude or dudette, check the title of the article & see what Ben Stein said. i know there was only one picture in...

mid-america took out constellation recently too, if not mistaken?

RFT says nobody is perfect

this is an asinine proposal. the FEd govt is gonna run around buying houses to artificially support prices while the debt market collapses. do you kow how f-ed up the maintenance on those homes would be? the much ballyhooed RTC would order 2 appraisal on every property and then call back in 6...

ill just say this... basically, the banks knew what they were doing. some stayed honest, but the rest were almost insane. so the banks that are getting bailed out actually originated a bunch of this sludge. the banks were the front line of originating the bad paper.

class warfare is finally getting out in the open. although the WM CEO walking away with $20MM for 17 days work seems wrong - i guess you gotta try and go after the BOD. i mean, dude didnt even know his company had been snatched by FDIC and sold. third party, or some would say a second...

shut-up you moronic douche... maybe you'd like to go back to phoning in your orders (from the YMCA) and waiting an hour or so for the call-back confirmation? or maybe a call back whenever - and you obviously never tired of taking it in the ass on fills? go to the library and look at the stock...