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This is what I was referring to....... China Needs U.S. Guarantees for Treasuries, Yu Says (Update2) By Belinda Cao and Judy Chen Feb. 11 (Bloomberg) -- China should seek guarantees that its $682 billion holdings of U.S. government debt won’t be eroded by “reckless policies,”...

Not what I meant

I hate to say this, but that is not entirely out of the question, nor do I put it past our "leaders"

Bylowsellhi, Just to clarify for everyone, the comments about wanting assurances on U.S. debt are old news....the initial remarks were made over a month ago, back in early February. So this is not something new. Don't want people to think this is shocking at this point. - Sponger

Does everyone here believe the same holds true for the QM?

The reason why that number is so large is because many financial institutions are only writing down the bonds that they are being forced to according to their auditors at that point in time.....what hasn't been factored in yet are the next classes that are about to blow up.....even though the...

Wow, that was quite the profane diatribe....I'd hate to see you when you're angry

The point to take away from it is this.... Those that make big money speculating and investing are just as capable of blowing out as the next guy. Zell is another one to add to the growing list of what many considered to be "investing geniuses" that self-destructed, or at the very least...

Writing a book about the next great depression.....after the bloodbath that's already occurred in the financial markets, with all asset classes getting decimated....with global simultaneous recessions taking place....wow, he's going out on a limb with that depression call

The Fed and Treasury should buy stocks and make everyone rich......I do believe he has lost his mind

Did anybody ride this from open to close today?

I take it you're not the only one who finds the Clintons to be a little less than honorable

Did you re-enter short after your last exit? Or are you still flat in oil?

I get an even bigger smile on my face when someone pressumes to know who is on the other side of the computer. Maybe you've heard this saying Batman28: "Better to be thought a fool, than to open one's mouth and remove all doubt."

You have to wonder what they see coming down the pike.... JPMorgan Said to Shut Proprietary Desk, Shed Traders (Update1) By Elizabeth Hester Nov. 4 (Bloomberg) -- JPMorgan Chase & Co., the largest U.S. bank by market value, will shut down a global proprietary trading desk and shed some...

The fact that he drives a beat up truck, and that you find that to be evidence that he is not doing well, shows your ignorance of what it takes to amass great wealth. Typical American attitude that got us where we are in this country - the myth of "look rich" and have negative net worth.

When you are no longer afraid of dying....you will see there was never anything to lose in the first place

Uhhhh.....it did happen. They did it back in the big crash. If they get desparate enough, they just might do it again. It certainly wouldn't hurt to have several thousand in cash at home in a fireproof box. I'm taking cash out tomorrow prior to the weekend. If tomorrow is another...

The irony of it all - banks don't like it when you take large amount of cash out exactly when you need it/want it the most - especially since they don't have very much actual cash sitting in the vaults every day. And the fact that he was more worried when he left is telling.

The unlucky officials in charge of overseeing this bailout are quickly learning that you can't pull one strand in a spider web and not move the whole web - each yank has repurcussions. And the derivatives market is one seriously opaque, off-balance sheet piece woven right into the web that...