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I was actually smoking weed with a guy from Kinglake a week ago....dunno if he's alive. I'm in Blackwood. So far we are ok.

Many years ago now I bought a few thousand dollars worth of stock of a company called "Nitrolube" an engine lubricant. I believed in the company, the product was sound, the shares were steadily going up then WHAM down 50% in a week. I held them for another year and made 25% in the end...

The reason why Russia defaulted on its debt ten years ago is because of the Jewish mafia Berezovsky, Abramovich et al robbed the treasury with the aid of the CIA and MI5 sponsored alcoholic Yeltsin. The west installed him so they got what they paid for. It's not Russia's fault that the...

Gutierrez say the U.S supports "Free Trade"????? ROFLMAO!!!! Tell that to Australian beef and lamb producers! Americans are the biggest bullshit artists on the planet. Millions around the world hope this U.S. created subprime crisis punishes you all for a few more years yet!

What was that about the first ever quarterly loss, cdo writedowns (ABOUT TIME!!!) and capital raising? I think this dog will go the way of BSC. I always knew their earnings report last quarter was full of shit! Dow 11,000 by the end of the week!

The ASX??? Get real!! ROFLMAO!!!! ...wouldn't know know regulation if it headbutted their convict mug in the face! What happened to CreditCorp, Allco, Centro, Macquarie Bank, ABC Learning, Mortgage Choice, Rams Home Loans etc? Convicts should stick to convict markets.

......and I thought Russian banks had risky business models!

I'm glad this thread is alive again. A banker friend of mine shifted to North Queensland from Melbourne a year ago. He loves it! Melbourne is not what it used to be. I wouldn't mind being in Townsville or Mackay.

The market will DEFINATELY drop MORE than 10% but will probably take a few weeks to get there. I believe the whatever the Federal Reserve does it cannot stop the S&P falling 15%+ over the next month. The American economy will implode before the end of the year. It will take a decade to...

I am a BIG fan of Kvass (in Russian KBAC). Being the son of Ukrainian immigrants in Australia Kvass was made and drunk by our family very often.

I agree! We in Australia have long understood that Americans are incredibly stupid, boorish and retarded. Only have to look at Iraq, President George Bush, Subprime crisis, 'Helicopter Ben', your 3rd World healthcare system, majority support for gun violence etc etc etc to see this...

As an outside observer I would say this "Gord' fellow is almost completely clueless! How can any SANE person defend what Bush has done to the USA over the past two terms?

I completely agree! I think you're right it is on only in Asia.

Rice Zombies...Illuminati...ROFL Brilliant!

A few guns go off in the Persian gulf and crude rallies three bucks! ROFL. When news like this sends crude up you know the top is in or very close to it. I just bought a few USO puts. I need some money for a pending O/S journey to some third world country currently in recession with a...

..whatever did happen to ABK. It doesn't move the market at all nowadays! When the Fed cut rates in January Gasparino faded a rate cut rally with mortgage bond insurer "news" aka Goldman Sachs rumour mongering. Nobody will touch Goldman EVER for obvious reasons.

...What was the Chairman of the Federal Reserve doing? Wasn't he supporting ARM's?...and the person who became the current chairman didn't he say that it was only a $50 billion problem? Don't they BOTH have Ph D's?

Curbs my enthusiasm to talk to a woman again...

I agree....and well said because they are scum! We have our own scum down here (Australia). Speculating on property and then asking for government bailouts when rates start going up. Beggars, I hate 'em.

Brokers have failed (Bear Stearns, E*TRADE etc) Banks have failed (Northern Rock,IKB etc) Governments have failed (Just look at the Bush Administration and try NOT to laugh!) ...and we are only 8 months into this mess, oh and I forgot about WaMu,CFC etc ..there will be MUCH more pain...