Score One For America.

[MandelbrotSet]

Quote from drsteph:

I'm not going to disparage you, but you and I have very different opinions on this matter.

It seems that a lot of people on this board have differening opinions on this subject than Landis82. He's one of the few lone holdouts who seriously think it's a good idea to be bent over a barrel by given a ream job by Wall Street as Paulson thows his hands-up and says "no mea culpa".

He can just send them his $2,334.00 directly, LOL.

 

[Landis82]

Quote from drsteph:

Because Gross uses panics like this to buy distressed assets at bargain prices - just like any good money manager/value investor does.

True, but he is only as good as the liquidity and the opportunity that "price-discovery" presents . . . If at some point these securities get "cleared" by a clearing house, you are going to have a HUGE win/win situation for everyone involved. You will have accountability and transparency - - - instead of the absurd OTC marketplace that existed for mortgaged-backed securities in the past.

 

[poyayan]

Quote from Landis82:

No, No, and No.
Paulson has been talking about "price discovery" and private equity getting involved from the get-go. I am amazed that people have no real solid understanding of this proposal.

]

Ha. "Price discovery" for a house doesn't need help.

$300,000 no bid.
$200,000 no bid.
$100,000 1 bid.

There, price discovery.

 

[sprstpd]

Quote from Landis82:

No, No, and No.

Yes, yes, and yes.

 

[MandelbrotSet]

Quote from Landis82:

No, No, and No.
Paulson has been talking about "price discovery" and private equity getting involved from the get-go. I am amazed that people have no real solid understanding of this proposal.

Paulson also said:

"I don’t see (subprime mortgage market troubles) imposing a serious problem. I think it’s going to be largely contained,”
April 2007

Paulson is an Idiot

Landis82, you have no clue.

You are very lucky to live such a sheltered life ...

 

[poyayan]

Quote from MandelbrotSet:

It seems that a lot of people on this board have differening opinions on this subject than Landis82. He's one of the few lone holdouts who seriously think it's a good idea to be bent over a barrel by given a ream job by Wall Street as Paulson thows his hands-up and says "no mea culpa".

He can just send them his $2,334.00 directly, LOL.

He is either :
1) Heavily in financial stock or bonds.
2) His 2008 bonus depends on a reversal of financial stock or bonds.
3) Works in GS, MS or any one of the SIFMA members.

 

[Landis82]

Quote from MandelbrotSet:
Landis82, you have no clue.

You are very lucky to live such a sheltered life ...

Coming from someone that admittedly doesn't TRADE for a living, you once again make an absurdly ridiculous point. Congratulations . . . I bet you were around trading the markets in 1981/1982 as well.

 

[Landis82]

Quote from poyayan:

He is either :

1) Heavily in financial stock or bonds.
2) His 2008 bonus depends on a reversal of financial stock or bonds.
3) Works in GS, MS or any one of the SIFMA members.

Nice try buddy.
But you couldn't be more wrong.
Just ask Pabst . . . time for dinner.

Good Luck with your studies, kids!

 

[MandelbrotSet]

Quote from Landis82:

Coming from someone that admittedly doesn't TRADE for a living, you once again make an absurdly ridiculous point.

Congratulations.

I bet you were around trading the markets in 1981/1982 as well.

LOL

1) I have a supplemental income (so do all these political hustlers, LMAO).
2) I definitely wans't trading futures in 81/82 ... but then again, neither were you.
3) I was trading and investing in stocks ... oh look we actually have something in common.

Ah since I don't actually know anything, I guess you won't be PMing me for information anymore, now will you?

LOL ...

 

[Landis82]

Quote from MandelbrotSet:


2) I definitely wans't trading futures in 81/82 ... but then again, neither were you.

Wrong again CLOWN.

I was trading options on PPP, TDY, and Sante Fe Industries, not too mention stock-index futures on the NYFE at 5 lots a clip over the phone in 1981/1982 from my broker's office before being hired in 1984 by Victor Sperandeo to work one of his seats on the NYFE.

But thanks for allowing me to educate you, one more time.

You are on IGNORE.