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  1. M

    GM to seek direct loan from Federal Reserve

    Really what's needed is for all these senior executives of bailout companies to chip in with 50% of their net worth. If they are not prepared to do that then they clearly have no faith in the viability of the company so they have to clear their desk.
  2. M

    Crisis Over?

    Everything will be fine - Joe Sixpack should be able to get a loan against equity on his house by the end of the week. The $25,000 cash backs on closing might take until the end of next week, but after that everything will be just like it was before.
  3. M

    The Next Meltdown: Credit-Card Blowup Ahead

    Surprised they were allowed to publish that [unpatriotic].
  4. M

    Is Morgan Stanley the next Lehman? Shares down 35% today alone.

    What happens if their stock is suspended while the rules of the game are changed (again).
  5. M

    need help - tension

    Thailand. A quote from a fomer Thai bosswistfully reflecting how things were vs now and obviously questioning if they had made the right choice. "You know, before the boom we had easy lives, we had time, we didn't have cars and mobile phones but we didn't have sales quotas either."
  6. M

    Is Morgan Stanley the next Lehman? Shares down 35% today alone.

    Suspension of European bank stocks may be on the cards. http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3180908/Financial-crisis-Darling-ready-to-take-control-of-banks.html
  7. M

    Is Morgan Stanley the next Lehman? Shares down 35% today alone.

    Where can I get daily short interest data like in the .pdf?
  8. M

    Barton Biggs Refers to U.S. Markets As "Uninvestable"

    No market for old men.
  9. M

    need help - tension

    4) Regular afternoon delights with raven haired beauties (this is why markets in more civilsed countries have a 2 hour "lunch" break).
  10. M

    Jim Rogers says all you 29 yo Wall Streeters driving Lamborghinis -

    Actually a very good gauge of things being out of line. Anytime too many people in their 20's are making more than management and professionals in their 50's you know things are out of line. One way of indentifying fraud is the ratio of the value of the cars in a company car park to the...
  11. M

    Bush to speak at 10 AM tomorrow

    Bush: "I suspend reality!"
  12. M

    What Gov Can Do (Realistically)?

    Rate cuts won't work if the transmission mechanism is broken. Take over any failing bank so that everyone knows if a bank fails the US becomes the counterpartyand convert its purpose from profits for shareholders (who will be written down) to being a conduit for working capital lending.
  13. M

    It Least We're Not Iceland

    Plenty of fish in the sea.
  14. M

    Bush Plans Statement Tomorrow to `Assure' Nation on Economy, Perino Says

    .................that in this heah great noo society of Sharecroppers and Massahs, y'al can be assoored that yo Massahs will be doin everythin in theah powr to see that there is allus a chicken in yo pots. We is instigatin a series of tax cuts fo you massahs so be sure to be standin in the...
  15. M

    Bush Plans Statement Tomorrow to `Assure' Nation on Economy, Perino Says

    Will Bush say "Wall St got drunk" or was that just for the ears of known to be loyal Republican fundraisers?
  16. M

    Margin. Redemptions.

    Grandma always said leverge leads to tears.
  17. M

    Korean, singapore, and indonesian banks on the brink now asia is going

    A lot of the toxic waste that was written reamians unnacounted for. perhaps the failure of Yamato life gives a clue as to who might have been holding it. Japanese banks/institutions are yield pigs.
  18. M

    Nikkei futures down 12.5%

    US in the First World War. maybe also the second.
  19. M

    Nikkei futures down 12.5%

    Agree. This is the best advice out there. You don't know what shit a desperate government is going to pull. Put a hedge on my currency hedge on my USD denominated account as it is MTM in RT. I suspect exchange closures are likely. You risk shorting into a situation where the exchange is...
  20. M

    Bush to speak at 10 AM tomorrow

    No please, anything but George Dufus Bush telling us that "...our financial institutions are strong..." Is there really no provision in the Constitution for removing a President who is clearly insane as evidenced by the clinical level dissociation from reality?
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