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  1. C

    National City (NCC) Halted w/News Pending

    They issued blow out earnings and raising guidance !! Yeah right.. Bankruptcy.
  2. C

    Which financial company will go bankrupt next?

    LEH in the 12s....
  3. C

    Washington Mutual going under:

    -30% any day now folks....
  4. C

    Goldman Says SELL Fannie/Freddie:

    11:49 FNM Fannie Mae plan a 'disaster' to Rogers; Goldman says sell - Bloomberg.com (10.37 +0.13) -Update- Bloomberg.com reports U.S. Treasury Department's plan to shore up Fannie Mae and Freddie Mac (FRE) is an "unmitigated disaster'' and the largest U.S. mortgage lenders are "basically...
  5. C

    The Stock Market is for Suckers:

    Nice of the Fed to pump FRE & FNM, now tanking again....
  6. C

    Analyst: 150+ U.S. Banks Will Fail...

    Analysts say more U.S. banks will fail By Louise Story Published: July 14, 2008 As home prices continue to decline and loan defaults mount, U.S. regulators are bracing for dozens of American banks to fail over the next year. But after a large mortgage lender in California collapsed late...
  7. C

    Which financial company will go bankrupt next?

    Office of Thrift Supervision shuts down IndyMac Friday July 11, 8:52 pm ET By Alex Veiga, AP Business Writer Office of Thrift Supervision steps in and closes IndyMac Bank; FDIC takes over operations LOS ANGELES (AP) -- IndyMac Bank's assets were seized by federal regulators on...
  8. C

    EMERGENCY rate cut a possibility

    Cut rates now Benny Boy !! :p
  9. C

    Ken Heebner: "We've passed the point of maximum (housing) distress."

    Key US mortgage lenders in shares meltdown Jul 11 10:05 AM US/Eastern Shares of US mortgage finance giants Fannie Mae and Freddie Mac were in a freefall Friday on heightened concerns the trillion-dollar firms may face insolvency or a government takeover. Freddie Mac plunged 48...
  10. C

    3 Black Swans

    5-Alarm Fire at Fannie, Freddie: Paulson Nixes Bailout -- for Now Posted Jul 11, 2008 10:55am EDT by Aaron Task in Investing, Newsmakers, Recession, Banking Related: FNM, FRE, LEH, JPM, BAC, C, XLF Fannie Mae and Freddie Mac tumbled again Friday as speculation about possible government...
  11. C

    The Stock Market is for Suckers:

    :D
  12. C

    Bull are pushing Big White candle up...

    :D
  13. C

    Which financial company will go bankrupt next?

    Reuters Lehman debt protection costs jump as shares dive Friday July 11, 10:27 am ET NEW YORK (Reuters) - The cost to insure Lehman Brothers (NYSE:LEH - News) debt against default surged on Friday, as its stock price plunged for the second day. Credit default swaps on Lehman...
  14. C

    Our future looks so bright...

    Fannie, Freddie sink on government rescue fears Friday July 11, 6:55 am ET By Alan Zibel, AP Business Writer Fannie, Freddie shares drop as worries of government rescue build amid ongoing housing woes WASHINGTON (AP) -- Fears that the government will be forced to rescue Fannie Mae...
  15. C

    The Bull Is Back wow!!!!!!!!!!!!!

    :D
  16. C

    Study: Gas will soon be at $10/gallon

    Reuters Oil surges to record high above $146 Friday July 11, 8:42 am ET LONDON (Reuters) - Oil jumped more than 3 percent to a record high above $146 a barrel on Friday, boosted by concern of threats to supplies from major oil exporters Iran and Nigeria. U.S. crude hit $146 a barrel...
  17. C

    Market Crash Imminent?

    08:44 FRE -49% and FNM -52% continue to plunge pre-mkt, also seeing heavy selling in the broad-based XLF -3% LEH -9% is getting particularly hard-hit pre-mkt
  18. C

    Heads up on LEH!

    -15% this morning
  19. C

    FRE and FNM

    Not even 0.01/share ?
  20. C

    Chicken Little, or not, RBS warns of CRASH !

    Going to be an 'interesting' day...
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