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Germany is on the hook here either way. If a Euro break somehow happened, it would spark an immediate capital flight, exchange controls, credit freeze, and implosion on all Euro debt. Would you hold your Euros in Greek institutions, waiting for them to be exchanged for worthless new-drachmas...

It's a hell of a show, but the most impressive part is how they get the dumb masses to sit still as hundreds of millions of their money are squandered on this nonsense, while getting "austerity" cuts rammed down their throats. The media line is that the royal family produces a net profit...

Not really helping the case -- nowadays the Brooklyn prop shops have more credibility than BOA....

The Jan option expires in January - there is a reason it costs more. The right to exercise is held by the option buyer, not the seller - the seller is on the hook (and in the case of a seller of calls, is obligated to deliver shares upon exercise) until it expires or the buyer decides to exercise.

Preposterous! Why would anyone think that?? :cool: tcca Registered: Mar 2011 Posts: 2

What point are you trying to convey? He did answer that question -- obviously it is rhetorical; he does not believe the US has any moral right, for the reasons listed in the remainder of the paragraph. How does that opinion make him either an idiot or an opportunist?

Not from direct radiation poisoning. But it's impossible to claim with certainty that nobody else died from longer-term effects, and increased incidence of cancer and birth defects far from the plant is well-known.

Cut the guy some slack -- transferring the American population's wealth to banking executives and multinationals is tough work.

Bernanke himself cited market performance as evidence of the success of QE: http://contraryinvesting.com/federal-reserve/bernanke-admits-qe2-is-about-juicing-the-stock-market/

This is extremely irresponsible. A guy in his position should not be making sensational statements during a panic that start with "there is talk" and "I think." Additionally, note he's a career bureaucrat apparently without scientific expertise.

At the very least there is managerial incompetence and very poor communication. Add to that the cultural views of hierarchy, duty, shame, etc. that may be influencing their public communications. Another question is WTF Obama, Sarkozy, Merkel and leaders of other countries with...

No they aren't you imbecile. These guys are the men hired for pittances by the greedy fucks that profited from this technology. And they are the ones volunteering their lives to try to save their communities while the executives are planning their escape routes. If you have nothing useful...

From the Reuters Japan feed (http://live.reuters.com/Event/Japan_earthquake2) this is supposedly a chart of geiger counter readings in Tokyo: http://park18.wakwak.com/~weather/geiger_index.html I don't read Japanese, I can't say whether this is accurate or even referring to what is...

Absolutely right on both. But the irresponsibility is in taking any of the fools on CNBC seriously.

There are two ways to look at it: on one hand, the fact that they have a reported radiation leak in one of the most advanced countries on Earth, with a highly-disciplined and educated staff and renowned design skills, further hurts confidence in nuclear power in general, especially in the "less...

Bone - great post. Thanks for sharing your insight.

The Constitution doesn't envision handing taxpayer money to private banks and car companies to circumvent bankruptcy and allow senior executives to maintain their compensation and pension packages; or "extraordinary rendition" and imprisonment for years without criminal charges; or "regime...

Somewhat less subtly: http://www.market-ticker.org/akcs-www?post=180591