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"..the incident happened in the interest rate futures pit" Oh, the Irony... http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN1750781020081117?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=22&sp=true

how do they make their money?

You should read the whole thread. For those keeping score, I'm still short. (synthetic)

I actually like those places - I usually can bargain with them to get the sticker price knocked down. Service is more personal.

any new insight form the bulls?

I know, I saw that, but as I said, they pulled it out of their ass. They don't even say how they know these loans exist?

I call BS. Digging through that article and its sources they just pulled the 2T number out of their asses. Shock value gets eyeballs. They allude to "loans" but have no proof those loans even exist.

IMO, these "big box" retailers are done for. I think the market is going to return to the local shops, smaller appliance stores, etc. Best Buy, Home Depot, etc. are a hallmark of over-consumption that is coming to an end. Short them all.

That's becuase I figured people knew how to use the Interwebs: "The U.S. auto industry represents almost four percent of U.S. gross domestic product and represents ten percent of U.S. industrial production by value. One out of every 10 U.S. jobs is auto-related. General Motors, Ford and...

It's about 5-6 million jobs total. You need to take the supply chain into account - all the engineering suppliers, shops, etc.

No he wouldn't. He is a tard, but so is the person acting on information from the Internet. The US legal system does not reward stupidity.

Define "soon". If you mean 60 years then you are correct.

This is unacceptable. There will be blood in the streets if the govt. starts playing these games. edit: I'm calling the leader of my local Illuminati chapter to have the puppets considering this garbage dealt with.

They have about 3 million jobs dependent upon them. You Fail.

I really hope you're joking about the Hummer comment.....

You continue to Fail. The Fail is strong with you. I'm actually an independent, but thanks for making an incorrect assumption. Doing so shows me how intelligent you really are. You know zero about me and my views and all you can make are uneducated guesses. There is not one...

Wow, just wow. You Fail.

A broken clock is right twice a day. Saying there will be a "financial firestorm" 7 years ahead of time is useless unless you know the 6 month window when it will occur. Analysts pull this same BS, and so can I: 90% of stocks will go to 0 in the next 400 years. Where's my cookie?

Google has frozen all hiring, is cutting back on DayCare and Meals at their offices. How do you figure they have not been impacted?

It's the fact so many are continuing claims. Plus you can only get unemployment for so many weeks. When you stop collecting, you stop getting counted.