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I wouldn't go that far down the conspiracy path, but conditions are set. Of all the reasons for WWI, one of the strongest was an arms race with companies profiting out the wahzoo.

Gates has been trying to cut military spending, Congress is so corrupt they cant stop the spending spree. More soldiers are needed and the cost pales in comparison to all the defense companies running around in Washington. But yes the wars need to end, we aren't going to accomplish anything in...

When someone starts talking about the exporting of inflation going on, I'd be a happy camper to read.

They are talking about financing during BK. So I would assume any small business that has been current is not going to have problem. No doubt small businesses are more than concerned, but it seems as if they are dealing with it.

Universe is an ocean, dark matter the water. Big bang never happened, and nothing is running away, everything is churning. People see aliens in these vids. I see nasa trash floating away, but also life forms. Plankton in the ocean. http://www.youtube.com/watch?v=WlLN_Jcg1pc

All articles I see now are about JPM and others providing financing during a BK. So it looks like they are gone. Probably a story tomorrow and a file Monday.

Yea, I can sense the administration losing some political capital over this. At least this is capitalist. Cit was usury lender, let um go down. Recessions will cull the weak, this is supposed to happen.

http://www.scribd.com/doc/7148326/Trading-the-10-OClock-Bulls-Geoff-Bysshe

Servers make their living on tips, if you are not going tip why not serve yourself. Cheap bastards.

lol

If ya count a piker account, yep Im trading. :) I dumped my QLD into the close, still holding uyg and xlf. Any funny news and I will dump those tomorrow. That squeeze made me whole basically. Woulda been nice to come in flat and buy on that Dr Doom rumor, made me more than whole, so...

ByLo.... are you Port/Stock/etc I mean I don't care, I like all your news clips. Just gotta feeling...

I wonder about the US impact. How many Europeans are pissing their tax money away on bad US debt.

He forgot one for the head of Aig a former board member of GS

Futures look bad Look at this green shoot crook of Sh*t "Denial of CIT bailout unlikely to rattle markets" http://finance.yahoo.com/news/Denial-of-CIT-bailout-apf-1527320043.html?x=0&sec=topStories&pos=main&asset=&ccode= I'm not trying to be pessimistic, Im long tech and...

This article says they could file as early as tomorrow morning. http://finance.yahoo.com/news/Refusing-bailout-for-CIT-US-apf-4284821152.html?x=0&sec=topStories&pos=main&asset=&ccode= Not to turn too political, but wouldn't you think if they went out and market took a dive, the...

I'm sure the big banks would like to see cit die. That is a lot of loans they are missing out on. I'm convinced JPM will be the biggest winner of everything that has transpired not GS.

BK it, and divide up loans to vultures. Can we once have the idiot shareholders and bondholders take a hit?

CIT says government support unlikely near term http://www.marketwatch.com/story/cit-says-government-support-unlikely-near-term

Cold :eek: