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I disagree. A company is worth what value they represent, not what their profit is. Profit of a public company dictates market capitalization and shows up in the multiplier. The fact that market cap doesn't include all ownership of a company should be your first clue.

I've heard several cases in the past 12 months where homeowners have gone to court and the judge asked to see the physical note to the house - the judge wouldn't even accept a copy from the lender. In almost every case the lender couldn't produce the documents and the ruling was for the...

Can you send that link this-way? If anyone has a referral in Detroit PM me - wouldn't mind sitting down and seeing what kind of moves can be made. -k

The UAW didn't cause this - the management at GM that put up with the UAW for so long did. GM's public assets this morning were 83 billion with around 170B in liabilities. With a single stroke Obama has separated all those liabilities and left the assets alone. Forget the product already...

Stating that a market cap is somehow an accurate representation of a company's worth shows what your level of experience is. The reason the govt. is investing so much in GM is because they are worth much more. The people writing these checks have more information than you or I do, and even I...

Banks getting greedy and taking it out on the spread? Anyone care to hypothesize how the feds are going to force banks to narrow the rate? Anyone think the FED will start running late-night ads for 30yr-fixed @ 3%?

The Fed has over a 2 Trillion dollar balance sheet. Do you honest-to-god think they aren't going to backstop the FDIC? For F's sakes people....

Same here.(detroit) It's been this way for 50 years.

Well "they" are mistaken. Anything you can answer yourself is a stupid question.

no - the market already expects it to happen. it's priced in.

A slower recovery means a reduced likelihood of a sharp correction at any point. None of this is a bad thing: we need tempered growth.

OP is a piker. You guys need to turn on the rep system so we can flag these tools.

BS. We hit resistance ~875 and are bouncing yet again. We only need a small catalyst(econ data) to push us out of this range and into the next channel.

wow - if we were red I'm sure there would have been posts in here by now. god damn pikers....

I've seen a lot of ignorant posts in this thread. In a nutshell there are more, and brighter, intelligent people working at Wolfram than at Google. If you don't want to believe that than you have no idea what Wolfram does or what contributions they have made to the field of mathematics...

California has no tangible industry.

You must be new here. Unless you have a postcount > 1000 your noise-hole is not welcomed. Just sit back, interject intelligent questions where appropriate and learn from others mistakes.

Yeah - good luck with that one. Face it: we'd all rather have the FOMC navigating us out of this clusterf**k than treasury.

STOP POSTING CRAP FROM THAT TABLOID INFOWARS SITE.

^this is how you make a good call 24 hours before economic news. Yeah, the numbers were bad, yes we're green. The OP is still punting. IMP(rojection), 1050 by fall.