Bernanke 10am 7/18/07 Official Thread.

'conditions in subprime market have eroded significantly.'

eroded significanly.

thats a fucking understatement.

bear stearns just valued the fund at 0.



:D :D
 
Quote from myminitrading:

Ag commodities had a tremendous plunge off their highs, now Bernake can say commodity prices are easing.
More...

Yeah right....
$6 wheat
$8 beans
$3.50 corn

LIke saying that $70 crude is low...
 
Quote from JamesVU2000:

What everyone think about Barney Frank?
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He tells it like it is, I am surprised the news channels gave him so much air time.

bloomberg has the girl on from Bank of Tokyo Mitsubishi, who is telling it straight, she would like to see someone address the US Dollar, she is spot on.

The fed caters to large corporations and wallstreet banks, now watch Bernake just read from a prepared statement.

government and the greedy central bankers could care less about the average person, all they want to do is keep them in dept.
 
Quote from PohPoh:

Yeah right....
$6 wheat
$8 beans
$3.50 corn

LIke saying that $70 crude is low...
More...

But thats down from 9.70 beans, 4.30 corn, well wheat is still way up.

High oil has not caused a recession, thats what the fed puss said not long ago.
 
Quote from myminitrading:

He tells it like it is, I am surprised the news channels gave him so much air time.

bloomberg has the girl on from Bank of Tokyo Mitsubishi, who is telling it straight, she would like to see someone address the US Dollar, she is spot on.

The fed caters to large corporations and wallstreet banks, now watch Bernake just read from a prepared statement.

government and the greedy central bankers could care less about the average person, all they want to do is keep them in dept.
More...

Indeed...Frank tends to "keep it real"...lol. Love how things went right down when he spoke. Not a favorite I bet amongst some people :D
 
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