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Would be nice if she elaborated more on that. My understanding is that the banks that are in the most trouble capital-wise are the ones that sold the most Credit default swaps, Citi and JPM. Buffett would not hold a bank that had a huge derivitives portfolio. What do you think daal?

http://www.nytimes.com/2008/10/20/business/media/20carr.html?_r=2&oref=slogin&oref=slogin

Generally it's not possible because people will never lend money at a negative rate, it doesn't make sense when you can rather just leave it in cash. But, I suppose it would be possible for the fed to force banks to accept negative interest rates on their reserves which would in turn force...

I'm long the stockmarket, I think the bottom was in last friday and this is a good opportunity to buy on a pullback.

Japan's debt to gdp is around 150% i believe

Good post buddy, I feel the same way, and I also thought we had seen the bottom before yesterdays open so, well, good luck.

Good call cutton, i agree that this is the bottom for at least until the end of the year. I was saying the same thing yesterday to some people.

Because every piece of debt equals an asset. The reason the 700bn bailout exists is because the banks don't want to write the debt down to market prices (which are actually assets on their books), if they did that they they would not meet their capital requirements under the Basal Capital...

Are you kidding, it's about time people started raising hell, the country is going to hell in a handbasket, fuck professionalism

oh man, this is baddddd news Look at all the kinds of bullshit they are pulling, first the short sale ban (even on stocks like IBM ?!) and now this.. And the market has only fallen approx. 20%, the real economy hasn't even contracted yet! Can you imagine the crazy shit they are going to do...

http://blogs.wsj.com/marketbeat/2008/09/24/now-prohibited-from-shorting-ibm/#comments urghhh what a crap

From http://bigpicture.typepad.com/ Tonight's Goldman Sachs/Warren Buffett deal is a classic example of our post 2001 news: Looks good as a headline, is godawful underneath. Of course, futures popped on the announcement. The WSJ subhead read "Move by Famed Investor Amid Crisis Seen as Vote...

http://www.buymyshitpile.com/ lol funny stuff

I thought the SEC has no authority over the derivatives markets? How can they ban shorting on SSFs? or any other type of futures contract?

among 30 others http://www.elitetrader.com/vb/showthread.php?threadid=137787

I haven't read that much coverage yet on the new Treasury fund, so has anyone read how the treasury intends to price these assets? By the internal financial models used by the banks themselves?

Why does it have to be short sellers, why couldn't be people who owned the stock just selling?

Berkshire should be in the Dow and S&P500, unfortunately it's too thinly traded.

Sept. 11 (Bloomberg) -- The Bush administration is considering how to fold Fannie Mae and Freddie Mac's $5.2 trillion in debt into the federal budget, the White House budget office and the U.S. Treasury Department said...

The kind of bullshit that you type is really a sight to behold.