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Ahh, the Brits have been getting screwed for a long, long time. But that's what happens when you give away your domestic manufacturing base and put all your eggs in the financial services basket. They make nothing of value - but have expectations of living like the island hopping conquerors...

I honestly put Barron's in the same league as Jim Cramer. It might as well be CNBC on shiny, glossy paper.

Goldman: Total Leveraged Credit Losses = $1.2 Trillion http://seekingalpha.com/article/70428-goldman-total-leveraged-credit-losses-1-2-trillion March 30, 2008 Barry Ritholtz Barron's Alan Abelson praised Goldman Sachs' (GS) economic team this weekend, saying, "They're not always right...

Government is in the way right now. They used to at least facilitate business with the tax money they took. They built highways, which boosted auto sales, and led to the development of suburbia, which in turn led to construction of shopping malls and large subdivisions, boosting profits of...

Keep buying, hedge. Some of us need a bid. ;)

There is no spoon.

Printing more money leads to a beautiful phenomena that you must experience first hand to truly appreciate: Book a ticket for yourself and whoever you wish to accompany you for the paradise vacation of a lifetime, to Zimbabwe. They take American Express, I think (just make sure it's a...

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHfkhe8.C._8

Intel reaped benefits by going back to the Pentium III architecture when engineering the Pentium M, and consequently, Core2 Duo processors, which is what gave them their recent lead over AMD. They went back to that well in an effort to reduce power consumption, and found that they also...

sigh. AMD is not going down. That would give Intel a monopoly. AMD and Intel are separated by an overblown (but marginally significant) 20 nanometers, in the grand scale of things. That 20 nanometers lead will disappear within the next several months. AMD is a buy and hold all the...

http://www.boingboing.net/2008/03/11/the-data-system-that.html I'm so glad we're safer because of the PATRIOT Act. :rolleyes: The huge hit we took to our civil liberties has been so worth it. Thanks. (Refrain from Neocon or Neocon Loving Choir: "If you're not doing anything wrong...

RM, where the hell have you been? Yep, it's the same one. Gotta' love government regulators.

Amanda beat me to it. I posted a diatribe, and she's so much more efficient.

Yes. Anyone who thinks that it's possible that the economic data that's been released recently, along with waning consumer sentiment, and vanishing housing equity, may drag the equity markets lower, or at the very least, neutralize gains, is a depressed, drunken, USA hating, mentally ill...

Ditto. Good snag. Also, makloda, I agree LEH seems to have a better firewall than BSC could muster. Maybe it's because it's ex post facto BSC? Not sure.

Just one? :p

http://www.bloomberg.com/apps/news?pid=20601087&sid=aPyQ_7G9wJ2M&refer=home Maybe they should....ummm...send out subpoenas to trading desks to investigate a little something that has 1 million times the magnitude that this could possibly have? It's called front running, in case there's...

I would ordinarily be inclined to agree with you, HG, but if there really is structural deterioration of the consumer in the U.S., and I feel confident that there is (we know that psychology is hunker down, for sure), any money flowing into equities may be dead money for some time. I can't...

I think Amanda just owned Hedgie. Amanda, I owe you a beer. I'm sure you could drink Hedgie under the table, too. :cool:

The banks should be doing everything under the sun to keep people in their homes, even if it means cutting their payments. By being aggressive in this cancerous market, they are only going to increase their defaults, repossessions, and above all else - holding periods on REOs where they have...