Search results

Great post. People need to quit whining and STFU.

It will help out all of them to various degrees. The banks now have more buyers for their distressed assets. For example that loss of 100k is now maybe only 50k because they can sell the problem to Bailout, inc. More liquidity means there is more flexibility all around.

Share price is part of a company's equity. Less equity means higher rates on LCs, loans, etc. Just like when you have little to no assets credit card companies charge you a higher interest rate. One problem is that companies stretch themselves to thin with borrowing that any change in their...

Like most people you are only choosing to hear bits and pieces. It's not shorts that caused the problems: it was NAKED SHORTS. Please, for the final time everyone, pay attention: Naked Shorting == FRAUD The govt, as usual, overcompensated with the 799 list. IMO, just bring back...

I ended up closing out my position for a 90% profit. The problem I realized is that Lehman is now under the control of the Bankruptcy court. Regardless of what people may want to do, there is a judge involved that is selling assets to pay back the debtors.

Where is the OP? Should my group put the VS on and pull the equity up next week perhaps? hehe....

Lehman is moving up. I've heard some whispers that they're going to reject the current bids and take advantage of offloading the toxic crap from their balance sheet to Uncle Sam, inc. Shortest chapter 11 in history...

Suggesting the gold-standard shows your lack of education and knowledge surrounding economics.

All short selling. They overcompensated for their previous ineptitude.

I'm up 63% in 2 days on fucking EQUITIES! This is a great market.

FMD. I got filled at 2.23.

It wasn't Charlie - it was the shorts waiting till then end of the session to finally "borrow" their naked positions.

It's not any harder to short; it is, however, harder to commit fraud.

Ben has sure been quiet through al of this - letting Paulson foot shit around. Bernanke needs to grow a pair and raise a half point - shake out the weak hands once and for all.

I'm through Aurora too. Nothing will likely change for us as someone is going to end up with our mortgages, if they haven't already.

It looks like people don't think BoA will be able to get the financing to purchase MER. If the fed cuts rates, will that be the impetus the market needs for a jump up to the 29/share deal price?

+1.

Owned. The cricket sound effect was a nice touch.

I would contend that even though equities tank when rates go up the inflows of foreign capital into equities will mute the drops. I'm expecting US equity inflows to increase substantially over the next few months as the US regains financial stability.

+1. I expect us to hit some good chop near resistance and move sideways for a few days but eventually break through.