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  1. T

    Citi was seeking $60 billion of damages from Wells Fargo

    Vikram Pandit is using the Samson defense and wants to bring down the walls of the entire banking sector to defend his posterity.
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    read this and weep you idiot free market geeks

    Tulpenwoede and the South Sea Bubble and French bank notes under John Law's fiat monetary policy are the first ones that come to mind..
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    Where does market go from here?

    That's impossible. The DJIA will look like the Zimbabwe stock exchange (hyperinflated) before it goes down that low.
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    Do you advise holding emergency cash?

    You keep thousands in cash and you guard it with a $150 military surplus gun in a weak caliber?
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    Absolutely Sickening Part of Bailout

    Now that is a man of principle. And he's my Senator. My other senator, Mitch McConnell, co-sponsored this piece of shit. I'm not voting for him when it comes time for reelection.
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    House sells on eBay for $1.75

    A bottom is when SoCal home prices retrace fifty percent of their high in 2006. So far, not yet.
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    MOS - Earnings play

    Maybe MOS will issue a special dividend, one of these
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    Bloomberg seeks 3rd term as NYC Mayor

    that's exactly right!
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    Bailout Bill....Tax Break for Wood Arrows?

    The last one was much worse:
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    How about this idea?

    how about 'fuck off, we're full'
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    how does bailout solve the problem of soaring LIBOR?

    Think of past historical events when the TED spread soared like this, and how they ended.
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    Don't watch CNBC, watch CNN!

    I like watching the stock market. It tells me the news immediately. It tells me everything I need to know. The markets respond to the news immediately as fast as the news is known even to the newscasters. It's that quick and efficient.
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    Which shitty financial company will go bankrupt next? Part VI

    National City Bank (NCC)
  14. T

    How Wall Street & Greenwich Have Changed: Masters of The Universe

    The Bonfire of the Vanities is the greatest work of fiction ever.
  15. T

    Official Outlook and Predictions for 2008

    yeah, actually quite prescient
  16. T

    GM Bankruptcy Thread

    German engineering. Now that's a term that's been cheapened by Volkswagen's horrible marketing campaign. If people associate Mercedes, Porsche, BMW German Engineering with a Volkswagen, then realize what a pile of shit those Volkswagen cars are, they'll cheapen their perception of Mercedes...
  17. T

    Did you see the credit crisis coming

    Where's the option for saw it coming and lost money? In my case, it was just bad timing. (isn't everything?)
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    Markets Vs. Woman Leaders?

    there's a word for her that starts with a b.
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    Capital One in serious trouble?

    Good idea to also check with their Mexican subsidiary "Capital Juan" to keep tabs on the credit crisis going on down there.
  20. T

    Margin Call - huh

    I'm sorry, stock_trad3r.
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