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  • Wall Street Breakfast: Must-Know News [View article]
    Thanks, Rachael!

    There was an article in yesterdays WSJ concerning China/US relations and future trends that might also be of interest to your readers.
    It appears that our largest creditor is becoming somewhat testy, and the increase in friction adds some weight to the fear side of the 'greed/fear' equation.
    Worth a read...
    online.wsj.com/article...
    Jan 30 07:53 am |Rating: +6 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Re: 'New Prez, New banking plan'

    While the 'Coronation Crash' was indeed led by the financial sector, I doubt that your statement that 'some investors feared the government might ultimately need to nationalize the hardest hit financial institutions' was the prime factor for yesterday's plunge!

    The nationalization process in banks is well underway globally, and we are quite aware that what gets bailed-out/nationalize... will just as surely be re-privatized just about as soon as the good old taxpayer stands to start making a buck off the deal.

    In this god-awful debacle, some big banks are going to zero, bailouts notwithstanding. THAT is the fear, I fear!
    Jan 21 08:31 am |Rating: +6 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Wonderful news re BAC! This is what we can expect from a CEO as negligent and incompetent as Ken Lewis, and is the result of his astounding 24 hours of due diligence! This is truly sickening!
    Fire the bum first, then give the US taxpayers at least as good a deal as Warren Buffett would get!
    Jan 15 07:39 am |Rating: +5 -2 |Link to Comment
  • Lehman's a Lemon - Fast Money Recap (6/9/08) [View article]
    The banks have bottomed???? Yeah, right!
    I'll let you guys snap them up, okay?
    Jun 12 00:16 am |Rating: 0 0 |Link to Comment
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