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my guess is the current situation will come unwrapped when a news story shows depositors standing in front of a closed bank demanding cash... (cash of what?? who knows) bank runs start with panic and the stepson is violence in the streets....

the current "situational awareness" of the American public is akin to the passengers of the Titanic worried about wet carpets.....

quik...hand liz an ice cube.........

why use cash...if the thing tanks he justs walks off... it's just the American way.............

did seth's old lady dust him??

I figure I have an additional $1000 tax hit for 2007 on top of what's in there already.... Seeing that Boeing charges the Gov. $600 for a B-52 toilet seat........ I'm sending Paulson 2 toilet seats and he can keep the change.....

sshhhhh... keep this quiet...damn it.... Thanks, Ben

SLM needs more money and the banks are scrambling to prevent Bond conterparties from blowing up http://www.iht.com/articles/2007/12/19/business/insure.php

go here and move the slide bar to 1:11:00 elapsed time http://zeitgeistmovie.com/ I haven't seen the first 2 parts of this..religion and 911 I believe... conspiracy theorist's red meat depending on your views, right or left, Part III of the movie is fairly well done..

maybe they can bunk for a few months with the Ramirez's swap stories ........ http://patrick.net/wp/?p=438

the fire hose of paper is showing up at least here... just an opinion, of course.....

prolly right... but the injection of a trillion dollars of paper give or take to roll over all this garbage.... I would think gold should have been up $80

something smells.... creation of $500 billion (u.s.) worth of Euros to monetize Euro bank losses hasn't gotten much play any other day GS would have been up 8 to 12 points.... there must be some hideous news out there someplace.....

I've about had it with the gold market.... central banks can pound on it anytime and the miners stocks never seem to trend hopefully this is a contrary post..........

during the last hour of trading there seems to be no interest in it.....feels like Sep of '87

I think Big Al needs to move to assisted living and be watched 24/7

maybe so, but hundreds of analysts also missed the biggest credit crisis in the last 80 years.... we'll save the bitching about all this for later.... Fridays last 45 min on the NYSE was the "get me out of whatever" trade and financials took another pounding Maybe C can hold here but...

the party is over but no bounce in this one .. I wonder if you Re-Fi, does the lender ask for another appraisal?

So C chops 40,000 employees give or take and moves what's worth moving to Dubai.... leaves a shell company here in the US to hang the debt onto.... the new CEO is just an ax man.... I wonder how many candidates turned the job down?? I bet a bunch...

It's fairly hilarious for people like Warren Buffet to bitch that his taxes aren't high enough, and then completely bypass the tax system by donating the bulk of his money to Gates and his foundation.... It's hypocrites like Buffet and Ted Turner and Pelosi..that hire legions of tax lawyers...