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T hats a damn good point. Those pictures of the Jews in Nazi Europe still send a shiver down my spine. Remember the Gestapo were always asking for every bodies "papers"

Now that's a well reasoned argument.

markets should be open for one hour a day.

My sister lives in the UK, when I told her its time to move she said, "I like being in a first world country", too which I replied a solvent banking system is a prerequisite of a first world country, sorry the UK no longer qualifies.

Exactly, I left that whacked out world five years ago, none of my ex-colleagues believed that I had saved enough to just say fuck it. I don't need this shit any more. Its really funny to see them caught like deer in the headlights

Yep seems there is, http://www.irs.gov/pub/irs-pdf/p515.pdf and you are right coupon is so small.

I am a non US citizen is there a withholding tax on the coupon paid on US treasuries?

If you listen the one guy says he lost 4%. Then they tell you he lost GBP500. They are not trading in 10m multiples. I assume they are trading CFD's or the 0.5% tax would kill them.

Yeah I think you are right and what's with that stupid clicking a piece of paper in a machine thing?

Was wondering the same thing?

If you want to average down rather say gee its really cheap now I'll buy it from myself. But never ever add to the position.

What is with SirC posts at least three times number of posts stays at 14??

Thanks that IP hider is rather good

Nice link http://www.financeasia.com/article.aspx?CIaNID=91954

Take six months off, until you get used to the idea of having the money. If you trade now you will piss it away because you don't really believe its yours. Your reaction is quite normal. The "joy" of a big gain is not equal to the "pain" of a big loss. That's why you need to take six...

At Lehman that morning, Mr. Fuld told his board of directors to gather at the firm's offices. By noon, he expected, the board would be able to approve Lehman's sale to Barclays. One hurdle remained: To ink a Lehman deal, Barclays needed a shareholder vote. There was no way to get one on a...

Lehman's bankruptcy team, meanwhile, was rolling into action. Shortly before noon, Mr. Miller, the Weil Gotshal bankruptcy head, sent an email to several partners. Lehman's name didn't appear in the email. Its subject line read: "Urgent. Code name: Equinox. Have desperate need for help on an...

Lehman was also exploring a third option: The night before, veteran bankruptcy lawyer Harvey Miller of Weil, Gotshal & Manges had secretly begun cobbling together a bare-bones bankruptcy filing for the firm. Lehman's troubles were putting the rest of Wall Street on notice. In a Merrill...

Lehman CEO Richard J. Fuld Jr. was beset by protesters after hearings in October about the failure of his firm in a fateful weekend for Wall Street. Lehman CEO Richard J. Fuld Jr. was beset by protesters after hearings in October about the failure of his firm in a fateful weekend for Wall...

The Weekend That Wall Street Died Ties That Long United Strongest Firms Unraveled as Lehman Sank Toward Failure By SUSANNE CRAIG, JEFFREY MCCRACKEN, AARON LUCCHETTI and KATE KELLY With his investment bank facing a near-certain failure, Lehman Brothers Holdings Inc.'s chief executive...