Search results

Wed. is the deadline for hedge fund redemption requests...... better mouse click some more cash down the wire, Benny

dont forget about the Plunge Protection Team I mean really, how did the Dow recover from down 200 on Friday...... nobody was going long over the weekend....so the Team starts buying up spoos futures with 45 minutes to go.... what a joke........

great news, the Federal Reserve System is now a junk bond fund...... breathlessly awaiting the IPO......

Indonesia, when i exchanged a $50 bill for some rupes, the gave me a 4 inch stack of paper currency

i dont know.... after LTCM and the Russian default, the tech bust and now this...... the solution always seems to be to let poor credits live on as something else..... the last Fed chairman that had a spine was Paul Volker and he would have never put up with bullshit that has become our...

why do I need a to worry about the Fed when i can borrow money in Yen at 1%.... screw the Fed....let them set the rates at whatever they want..... Fed rate cut...BFD

the folly that's happening is the Fed is trying to make bad credits into good credits by using the printing press..... this never works.........

yea right ....rate cut.... if the CDS market is too pricey...a rate cut wont do any good where are the ratings agencies in all this?????? I think that Moody's and S&P hands have blood on them..... if BBB- has no market then it's D paper at best........

the China bubble

if by Tues., the equity markets continue to crater and there're no bids for at least a majority of the junk crap that the banks need to dump..... then there's a chance.........

ok the world central banks dumped the equivalent of $450 billion into the system this week US, EU, Japan, Autrailia were all in it..... hang on to your wallet.........

btw, the fed lets its preferred banks engage in physical transaction of commodities when the price action doesn't suit its inflation models or has the potential to screw up the works..... when Greenspan repeatedly bitched about natural gas price above $10 MMBTU (read this as a select group of...

bottom line is a devaluation is coming...and OPEC and every other commodity seller understands that they need to jack up the dollar price of their stuff to cover the arbitrage...... the Fed has no choice since it refuses to flush out the descending colon of you know what.....

correct...but a crisis in college is when the bars closed..... only in this case the credit markets closed... but Bartender Ben fixed it.....

someday PohPoh will tell us what he really thinks.....

the liquidity can be sustained by additional repo agreements as time passes...some are overnite...some are 3 day or 7 day

the stock market is not "rigged"....it's "managed"

there have been three bailout episodes since 2000 1. tech bust 2. 911 3. Subprime bust (the current one) the dollar has been chopped by 30% and is likely to go lower........ and there'll be future bust bailouts to come.... we dont want any pain to be suffered by anyone....

Ivan's heart is in the right place but we (us) are weary of these bailout devaluations chewing away at Dollar based savings..... The Fed. created the current crap by refusing to set interest rates to reflect inflation w/ food and energy.....and provide savers with a real rate of return above...

they printed it..........a single mouse click and pooof....$38 billion out of thin air