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http://online.wsj.com/article/SB120554473788438679.html?mod=hps_us_whats_news

Amen to that :D

everyone panics and decides to sell their USD, jump in to the Euro if they think some US banking collapse is coming. The logic being that they know that the only solutions available to the US are ones that will further decrease the value of the USD. So, either there is a banking collapse and...

Fiduciary responsibility to shareholders. Competitive bidders. Jail. Lawsuits. $2.5Billion is way low in the realm of possibilities. Zero earnings. Will probably see low $20s, will likley fail, or be bought out in whole or in part, and not for anywhere close to $60.

Agree completely, well put AAA.

http://www.youtube.com/watch?v=zWvxTUy47Fk http://www.youtube.com/watch?v=VUbUBTlmAiA&NR=1

He is a decent man, good to see that the SEC is finally listening to him. Came across this while on youtube and though you would enjoy. http://www.youtube.com/watch?v=MkGict_hmko&NR=1

Will give McCain a big fund raising boost and focus his campaign on the economy. I dislike Romney but he or someone like him is who McCain needs to give his campaign business/economic growth credentials. Winning people over on his plan for the economy is far more important than pandering to the...

This is huge for McCain's campaign.

Was that just the "Brownie, your doing a heck of job" kiss of death that Bush just gave Bernanke?

Gold stock as a hedge against further easing and $ weakness. Gold feels too much like chasing here and is too volatile to take a big position if you are not already in, however there are lots of good gold stocks that should pop and have good earnings too, just coming oput from under the earnings...

Thanks guys, had to go take some asprin, thought I was having a heart attack :D

Taking profits here. $138K in 36 mins.

Well, not no one. Looking at BSC's price action it should have been obvious but the CFO's bald faced lies in the last few days hoodwinked a lot of people, myself included. How many times do you have to be lied to by WS execs until you just look at price action and not the BS that comes out their...

What about the CFO saying the other day that they were in great shape, no liquidity concerns? Short BSC is a layup.

http://www.elitetrader.com/vb/showthread.php?s=&postid=1830354#post1830354 Up 5% on VPHM. If we get anymore news over the weekend should continue to pop next week.

Ironically the Feds move yesterday to take asset backed securities as collateral for their new credoit facility encourages seizure of these assets as banks can use them to borrow treasuries. On the flip side it means that they won't need liquidate them.

I assume that as a mod you no longer are able to use ET's "Ignore" feature, if so I appreciate your sacrifice and you have my sympathy :D

Great call ByLo, on the Yen too.

http://ap.google.com/article/ALeqM5h3dH6AjFUY02FsoNusyqO_3D0CiwD8VBVF9O0 VPHM popping