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Everyone does realize that this press release by the CDC is complete BS. As with all bureacraices, they need to rant and rave about things like this in order to justify their almost worthless and useless existence. Funding time is coming up soon.:) HINI flu, like SARS, like Mad Cow, like a...

She can change her number, but can't the CC sue her and put a lien against any real estate she owes as well as garnish her wages?

Insolvency will not occur, but expect more currency debasement. Doesn't mean stocks will go down though.

Who the hell is Sprott? What are their returns? Do they make their investors any money? I read the "report" and was shocked by its lack of vigor. They produced a series of charts/data series that show employment is historically weak, capacity utilization is historically low, and housing...

LOL. From which of Fink's beach mansions did he utter that statement. Blackrock has used this crisis to get in bed with the government and the trillions that it has and continues to dispense as much as GS has. Blackrock is little more than an arm of gov't (actually its the other way...

Don't you have to go south from Detroit to get into Canada?

LOL. There are dozens of companies itching to get a piece of this. The reason they will be left to fail is that the financial powers that be want to get some of CIT's business.

Vegas was a bubble town and its imploded. This stuff is old news and has been factored into the markets months ago. Nothing to see here, move along. Speaking of another destination ... we rented a house at the Jersey shore for the summer. On an anecdotal basis, after a bad June (rained...

Disaster of epochal scale in the making. Need help w/the timing though ...:D

My country club is filled w/docs. All of them complain about all these things constantly, yet none of them are giving up the club, their $60K cars, their shore houses, or their 2-3 times/year vacation to some exotic locale.

This guy is a bigger stain on the hedge fund industry than Madoff. A con man of the first order. The folks who invest in these sort of things are idiots and he'll have another $5 billion raised for a new fund within 6 months.

AEP w/a good article http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5742937/The-unemployment-timebomb-is-quietly-ticking.html The unemployment timebomb is quietly ticking One dog has yet to bark in this long winding crisis. Beyond riots in Athens and a Baltic bust-up...

Hmmm, no website for Caelum Capital (at least one that is a hedge fund) that I can find.

searsbuyerprotection link doesn't work. LOL.

This is correct. Why do you think banks like to lend to folks who have just discharged their debt through a bankruptcy ... they are now debt free and thus a good risk. The quicker all this consumer debt is written down/negotiated away/written off ..., the quicker the true recovery will begin.

Need a better pic. She's not terribly attractive in that pic, but I'll give her the benefit of the doubt until I see another one.

Cut salaries of gov't workers. I cannot believe how much gov't employees make. Teacher salaries are especially outrageous. $100K and up for a 9 month work year in my school district. Throw in ridiculous benefits and retirement packages and its even worse.

I'm glad a few people on this thread have pointed out the moronity of the shibboleth that "its a good time to buy when rates are low" Its exactly the opposite - you want to buy when rates are high. That way get an appreciation or refi kicker when rates come down. When rates are low, that...

This is the best thing to happen to these urban areas in years. LOL at thinking the neighborhoods being demolished are habitable. They are some of the more abominable places in the country. Returning them to nature is a fantastic idea.

You could make the exact opposite argument ... rising mortgage rates cause people to feel the bottom in rates has been hit and they will now rush in to buy before rates go higher.