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when you're at the top, you're ultimately accountable. the ratings given to all this shit paper is what ENABLED this mess. if it were correctly rated, it wouldn't have had a market. plenty of blame to go around, but s&p has been given a pass for too long.

i'm not saying anything came of it. what i liked was someone bluntly questioning a rating agency in a straight forward manner about how they could have rated all this shit paper (literally!) AAA. the follow question of 'you were clearly wrong then, could you at least entertain the possibility...

GS says their book value is $99/share. trying to figure out how close to reality this # is right now, as i explore going long GS in my investment account (ie: not trading, long term $). the moves in GS, MS etc, coupled with the .23% 3 month t-bill rate felt a lot like capitulation. i just...

i'm a big critic of cnbc, but i enjoyed the questioning of the S&P head just now. he had no answers and they didn't give him a pass. now, back to your regularly scheduled market collapse...

that guy isn't an anchor, he's a fund manager. i have to mute him every time he comes on it's , ok, so fucking, ok, annoying. ok. cnbc asia is a JOKE, btw. waaaaaaaaaaaayyyyyyyyy worse than US. they NEVER break from script to bring breaking news. markets can be moving 3% out of nowhere and...

fucking funny. the 2 guys did a good job to keep from laughing. only works with the serious reporter talking. literally, their 15 seconds...

if any of us or the banks had a balance sheet that looked like the fed's, then we'd REALLY be in trouble!... yeah, i find it interesting that first AIG announces they're going to ask the fed for $40mm trying to twist the fed's arm into helping and the fed responds by encouraging financial...

should be? guess you haven't been by goldies hq this afternoon. it's gathering flies as we speak...

because this board is driven by attention whores who know the misleading title will make us click on it to read their inane opinions. ET condones/encourages this to raise their page views. pathetic all the way around.

as i've posted b4, i used to make fun of Roger's in my quarterly to clients in the 97-99 timeframe (i called him jimmy wrong-way rogers). became a convert in 2000/2001; as it's impossible to argue with facts. his nickname now is: 'often early, never wrong'. ignore what he says at your own...

exactly my feeling. mer was next in line- bac buying mother merrill stops the dominos (or so they hope). my feeling is that if some good news comes out of aig, mer/aig news will trump leh news and we certainly won't have the es at 1222 at 4est monday...

lol. thanks for the visual- this muppet sitting staring at the black and white of the staircase while handing out the key to the restroom...

wall street won't let it fail? are you stoned. who the hell is 'wall street'? is there some group by this name that doesn't care about p&l who saves companies without regard for profit? the second the news crossed about the govt being involved, i wanted to short the shit out of it at $4.20...

i don't need to (or desire to) read your previous posts. all i need to know about you i saw in a couple of minutes- you were spamming every thread you could find (along with this one you created) to get mommy's attention today. i see you've got idiot extraordinaire, increasenow, and some other...

a little hint for your future home from school on a sick day posts: NOBODY, i mean NOBODY, who has a lot of REAL (not pretend, not sim) money in the market has the time/desire/inclination to post a gazillion posts in an annon board while the market is open to trumpet their great 'call'...

no point in arguing with him- he's clearly a young kid with no concept of diversification, black swans, the absolute power of liquidity, or the concept that, for some of your assets, a relatively low return in exchange for no risk to principle makes sense to all but the young and/or stupid...

i understand your point but, if you really believe the FDIC/US govt. will fail to back bank deposits, i am curious as to what currency or asset class your $ is in? if, however, you don't feel the whole system is going to fail, then WAMU or the like @ 5% (vs 2.5% in BoA) makes sense as long...

it's called diversification- look it up

yes there are indicators, but there is also pattern recognition (PR) and applying that to determine if, in fact, that option is overvalued. this technique can have a greater than 99% success rate. i'll explain: for instance, anyone with even minimal PR skills can spot an increasenow thread...

well... i stand corrected. thanks! one of those 2 obviously made a difference in loading ffox- the next few days will tell whether the memory leak issues are resolved, but just having it load much faster (still slower than IE, but MUCH better than b4) is nice. thanks again.