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Let me GIVE you some facts. Look at this : http://www.federalreserve.gov/releases/cp/volumestats.htm Look at total dollar for each catagory between 2006 - 2008 You tell me why AA non financial and A2/P2 has more commercial paper traded in 2008 than previous 2 years? You tell me...

Actually, right now. It seems to be excellent time to pool money and start a new healthy bank.

Ding! Ding! Ding! We have a winner here.

Yupe. I will suggest one deal. Form a 700B national bank that buy non-financial commercial paper. Guys like Catapillar, Deere will get the loan. Allow/encourage PE, hedge fund to participate in non-financial commercial paper. Once the government gets the non financial comercial paper...

Ayes Noes PRES NV Democratic 140 95 Republican 65 133 1 Independent TOTALS 205 228 1 Picture speaks a thousand word. Democrats and Republican both don't have enough support for this bill. 40% of demo and 67% repub against this bill...

A list of who vote yay and who vote nay. http://clerk.house.gov/evs/2008/roll674.xml

I tell you what. This bail out bill is like long beach shoremen saying "Give us 900B or US economy is going down the tube since no goods can ship in and out of US west coast" All you guys that are for the bill is like saying "Yea yea, they are correct, the alternative is total destruction...

You are still making these sort of unsound arguments. 1) Can you say that 700B will NOT make long-only mutual funds goes down? 2) How can you be so sure 700B will put a floor on mortgage securities. 3) IT IS using taxpayers' money to bail out banks, and hence wall street executives...

Like the market, price action speaking louding than any news or rumors. Same here.

There is no question that GS and MS will benefit the most. Isn't it funny that Buffet is consulting congress on bailout a couple days after GS and Buffet strike a deal? Isn't funny so far, GS is always on the right side of the trade with Paulson as Secretary of the Treasury? They don't...

Interesting. Thanks for the background explanation..:)

You can blame any of the following or all of above as causes : 1) Change of leverage regulation from 7:1 to 40:1 2) The existence of unregulated CDS market. 3) stated income loan ( liar loan ). This is not limited to subprime. 4) Rating agency is practically worthless. 5) VERY low...

Ha. I usually vote democrats but this issue is too important, and house republican are the one putting up a fight..:) Democrats are putting up a non-violence resistance in a way that they are not going to vote unless house republican are going for it too. Seems like reps from both...

Fresh off today this morning. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/AbkjIfBIWK4&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/AbkjIfBIWK4&hl=en&fs=1"...

There are plenty of blame to go around. 65 Trillion of CDS with no reserve to back them up is one of the main problem if not the worse.

Right on.

What kind of logic is this? About 60% household owns a house. About half of them own their house out right. Of the people that has a mortgage, a small % of them default on their mortgage. I am all for going after those home owners that default on their mortgage, but don't socialize the...

See my previous post, there are lots of private money in this world. Give them a deal and they will magically show up. Also, Buffet is a smart investor. He is not blowing all his money in one shot. His has many bullets and each one is 5B..:) Plus for the sweet deal he got, I want to be...

Not true. New Money Pouring into Funds Targeting Distressed Deals - these guys made a killing on the way up and they are trying to do the same on the way down. They are lions on safari. I have no problem with them at all. BlackRock and U.S. hedge fund form company to buy distressed...

Right now, banks that will fail get the ear of the government. As of today, I know BB&T will be around and they are the 14th largest bank. There are more that are staying silent right now. I am willing to take that bet.