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Most surviving dealers are literally stuck with as much as 380 day inventories on many vehicles as it is (yes, over a year's worth). The trucks and less popular vehicles are drowning them. Wholesale book value? The dealers get wholesale when they order cars from Chrysler. Watch this week...

stock_trd3r Cuz he truly knew how stocks werk. Werd.

Classic 'blown out diaper' pattern there... ...the shit's gonna hit the fan.

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The same people are still in power. Granted, they are in 'protect our money' mode rather than 'let's make as much money as we can' mode, but all the talk of 'change' is window dressing and hollow. I will predict that while the middle class continues to shrink, financial services will...

Just listened to it; excellent. Things I did not know: FDR's comptroller created necessity of 'ratings agencies' after banking crisis to ensure banks could not hold 'below investment grade' products. S&P, Moody's and Fitch are only three ratings' agencies that have 'approved' status so...

http://podcast.thisamericanlife.org/promos/382.mp3 On National Public Radio's 'This American Life' with Ira Glass today (at 11:00 a.m. eastern): The Watchmen One of the biggest questions about this financial crisis gripping our economy: How did it happen? Wasn't someone supposed to...

This is absurd. These units are marketable, jut not at the $90 per night ($2,700 per month) price that the developer is getting from the city. This not only absurdly puts the homeless in what was intended to be a luxury-level living arrangement (which in and of itself is strange but not...

http://www.elitetrader.com/vb/showthread.php?threadid=166179

Read this Op/Ed Piece Appearing in the New York Times. It's fantastic; POSSIBLY THE BEST WRITTEN AND REASONED PIECE I'VE READ IN YEARS: Sandy B. Lewis, an organic farmer, founded S B Lewis & Co., a brokerage house. William D. Cohan, a contributing editor at Fortune and former Wall Street...

Okay, it's time for the real answer. Ready? Thomas Jefferson. 828,800 square miles of prime real estate that allowed an Empire to rise, for the price of $15,000,000 (in purchase price and debt forgiveness). Wow. What A TRADE.

Timmy Sykes. "Short selling penny stocks Annihilates All Indexes, Strategies & Hedge Funds. Learn how Tim turned $12415 into $2 million by short selling..." James Lipton himself would make an exception and allow for an interview of a trader like Timmy in 'Inside the Actor's Studio.'

Livermore. No one else is in the same Galaxy. He made and lost and made again.....what?.....tens of billions in today's dollars?

Talking Business Poking Holes in a Theory on Markets By JOE NOCERA Published: June 5, 2009 For some months now, Jeremy Grantham, a respected market strategist with GMO, an institutional asset management company, has been railing about — of all things — the efficient market...

http://www.bloomberg.com/apps/news?pid=20601088&sid=a1hlBfI6ZInE

The city is paying $90 a night to rent rooms for homeless people. I can build homeless condos and charge half that and make buku $$$. Where do I sign up? http://www.nydailynews.com/real_estate/2009/06/04/2009-06-04_city_turns_upscale_building_into_homeless_shelter.html City turns...

Almost 15 million unemployed Americans, officially (unofficially, who knows...). 1 in 6 are either unemployed or underemployed (often, woefully underemployed), officially (unofficially, who knows...). That ratio is sure to hit 1 in 5 and maybe 1 in 4, officially (unofficially, who...

Almost 15 million unemployed Americans, officially (unofficially, who knows...). 1 in 6 are either unemployed or underemployed (often, woefully underemployed), officially (unofficially, who knows...). That ratio is sure to hit 1 in 5 and maybe 1 in 4, officially (unofficially, who...

What happened to the quote from Hit&Run? He knows the score.

Wow, you're a real braniac.