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    The Fed now accepting mortgage debt as collateral for loans: Clear Subprime bailout?

    They did this back in August as well, and back then they had a lot more options than they do this time. I suspect that the trap we have in place today is pretty powerful, so we rally for several weeks, maybe even a month or two, but the structural problems remain unchanged and ultimatly the...
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    “Teach Me to Trade”

    You must be one of those new ethics teachers.
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    Dick Morris

    No one has yet to address the issue of Hillary Clinton never having had ANY security clearance whatsoever when her husband was president. That being the case, how does she come by all this foreign policy experiance.
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    Dick Morris

    All of this repudiation stuff in this election is getting fucking old.
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    Dick Morris

    Thats never been proven, if you want to attack Clinton there are plenty of things that are 100% beyond any doubt that he did and you could go after him for. Brandon PS..why the hell am I defending the Clintons?
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    whoa! Spitzer Is Linked to Prostitution Ring

    Couldnt happen to a nicer guy. I hope they hang his self rightious ass for it.
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    Dick Morris

    We do have a way of knowing if she had any involvement in National Security by the fact that she did not even have the lowest level of security clearance at any time Bill Clinton was in the White House. For her to have gotten involved in delicate matters of foreign policy without even the bare...
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    Dick Morris

    I actually kinda like slick willy, so for his sake I will hope that is not true. Hillary did not even have the lowest level of security clearance at any time during the Clinton Presidency. For her to have been involved in any national security matters would have put her husband in gave danger...
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    Has the Bond Market Capitulated?

    One quick point to make so there is no confusion. I personally do not own $1billion worth of subprime mortgages, or anything else for that matter. I have been though involved with a company for some time that markets CDO's and other forms of debt between banks, credit unions, mortgage companies...
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    Will Mozillo eventually serve jail time ?

    CEOs and insider types sell stock for all kinds of reasons, some have nothing to do with the evaluation they hold of the future prosperity of the company they run.
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    Has the Bond Market Capitulated?

    I have over $1billion worth of sub prime mortgages that I'd love to sell, most of them from people who have good to excellent credit, have been paying on time etc. No one is willing to buy even at 50 cents on the dollar right now. I really really really wish the bond market would bottom here...
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    Still not a bear market

    According to you and 95% of people? You do realize that 95% of people either lose money or under perform the index's don't you?
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    Dick Morris

    I read and listen to Dick Morris from time to time, but it's often very hard to take him seriously IMHO. I do not think there is anything that the Clinton's could ever do that would make them acceptable to him anymore. He's a bit like stock_trader3 here on ET, no matter what the market does it's...
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    Still not a bear market

    I swear to god you've got to be the only person on this forum who's on more heavy narcotics than me.
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    Trading Room Mega Profit Results??

    Thanks Reaver. I have another surgery on Thursday, but its in and out the same day, so I guess it's not anything too complex. I swear to god though I wish I'd have known I had my own tits about the time I hit puberty, I would have either done a lot better in school or a lot worse, I have not...
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    Time to start building China shorts

    My own take on it is that the Chinese markets and economy will remain relatively strong until the Olympics. After that the Chinese will not lose so much "face" to the world when things start to come unhinged, and with the Chinese Economy being very tightly linked to American consumption, if our...
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    Dow is up 12% in this Decade: Worst Performance Since 1930s

    Agree Shortie. Mark Boucher has a great article over on themoneyblogs.com where he looks at the value of the S*P500 priced in Dollars over the last several years versus the same priced in Euro's.
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    Trading Room Mega Profit Results??

    I got an F in spelling in the 4th grade, and I think that my spelling ability probably peaked there, but it's had little effect on my common sense, logic, analytical abilities and the profitability of my trading, or that of those I have worked with.
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    MIT: If you're family earns less than 75k per annum, tuition is free

    I agree with you there somewhat, but not totally. If the entire point of your education is education, then your point is 100% correct and valid. I think though that if you took a person who graduates first in his class with a degree in Finance from Iowa State University, and another who does the...
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    MIT: If you're family earns less than 75k per annum, tuition is free

    I swear to Christ you just can't do anything in the world to make some people happy and realize how lucky they are. Two years ago everyone was complaining that an elite education was beyond the grasp of the average middle class kid. Now elite schools such as Yale, MIT, Stanford, Harvard and...
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