Greenspan: Credit market is in "state of fear"

Quote from gnome:

Bubba: Anyway, like I was sayin', shrimp is the fruit of the sea. You can barbecue it, boil it, broil it, bake it, saute it. There, uh, shrimp kabobs, shrimp creole... shrimp gumbo, panfried, deep fried, stir fried. There's pineapple shrimp, lemon shrimp, coconut shrimp, pepper shrimp... shrimp soup, shrimp stew, shrimp salad, shrimp and potatoes, shrimp burger, shrimp sandwich... that's, that's about it.
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LOL !!!! :D :D :D
 
The Greenshit is constantly trying to undermine the markets so that his tenure will look a period of happy memory in history.

I don't think anyone on Wall Street will hire this guy.
 
Greensenile makes all these negative remarks about how bad things are now but somehow seems to forget on whose watch the problems started. Perhaps he feels he has to give his dinner guests their $100,000 worth.

There should be a law about ex Fed Chairmen shooting their mouths off, even those who are not senile to the point of being in complete denial.
 
Quote from Dr. Zhivodka:

He's 100 percent right.

As an example Jumbo mortgages have 2% premium tacked on to them even for A credit borrowers. Why? Because there's no secondary market for them...there's no one to buy even the best tranches. The nuclear waste tranches can't get funded or bought at any price.

This is not good. This workout is probably a 3 or 4 year process.
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Exactly. Greenspan is fuckin on top of things. Just because you dont see it now doesn't mean there's no future fall-out.

Equity guys are stupid as fuck sometimes. You guys have no clue what you're talking about. All everyone wants is higher equity prices.
 
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