PMI Group Inc. (PMI)
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- AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
- Week In Review: S&P 1500 Stocks Posting Large Moves [view article]
- Financials and Housing: The Outlook Remains Ugly [view article]
- Will the U.S. Mortgage Market Keep PMI Group Down? [view article]
- Best and Worst Performing Stocks Seven Months Into 2008 [view article]
- PMI Group Inc. Q2 2008 Earnings Call Transcript [view article]
- Looking for Action? Most Volatile Stocks [view article]
- Mortgage Insurers' Troubles May Worsen [view article]
- Financials Not Out of the Woods Yet [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Privately-Insured Mortgages Up - Housing Tracker [view article]
Recent PMI Articles
- Looking for Action? Most Volatile Stocks
- S&P 1500 Stocks Up and Down on Volume Over the Past Week
- Week In Review: S&P 1500 Stocks Posting Large Moves
- Financials and Housing: The Outlook Remains Ugly
- Will the U.S. Mortgage Market Keep PMI Group Down?
- Best and Worst Performing Stocks Seven Months Into 2008
- Looking for Action? Most Volatile Stocks
- Mortgage Insurers' Troubles May Worsen
- Monolines Realign [Housing Tracker]
- Financials Not Out of the Woods Yet
- Full List of Articles »
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AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
after reading this article and comments, I still don't see what the whole big to do is with AIG's failure.The only thing that I could figure out is that there is someone of importance working for AIG that the biggies don't want to lose a job.
There are plenty of good insurance companies that could gobble AIG and it should happen after all BK is nothing nowadays.
Another afterthought is that someone doesn't want the public to know what AIG is doing with the liberal accounting. Reply
AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
1. Cramer is a jackass and a silly fool. 2. AIG is a shady outfit that must be allowed to die. Replysfeildcolleg
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AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
Cramer is a clown, a performer, an actor, a braggart who can't remember when he says a misguided word of optimism or guidance.The entire premise is he and GE take the stand that he is nothing less than one long infomercial. And according to the laws an advertisement is an advertisement and nothing more. It is not an offer, it is not a guarantee, it is no a solicitation.
For the other issue of discussion, why does the governmet allow a "Mom and Pop" store fail? When they fail the governemt autions off all the assets to pay all debts, but, when a large corporation like MER, or AIG falter under the same misguidance learned and demonstrated by Jim Cramer the governemt comes to the rescue.
In my humble opinion nothing real bad would happen if any of the big boys collasped. You would have a bunch of smaler scavengers scraping up the goods and going about their ways. The risk of allowing a government insured company like Freddy Mac and Fanny Mae go bust is it would mean the goverment guarentee is worthless. While if the big boyss go bust and the CEOs are held accountable for their actions it sends a clear message throughout the indutry that enough is enough.
Let's hope the hocky mom gets into office. I can wait another two years when McCain drops out of sight and leaves her the reins.
The pig sty has to be cleaned out every now and then to make sure the rest of the farm animals don't catch hoof-and-mouth disease.
I just wish someone in law enforcement would exercise their oath to defend the counstitution against all enemys foriegn and domestic and make a few politicians and CEOs do their public PERT Walk. Reply
AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
I love the way these people pick and choose who they are going to bail out. Ihave a problem with the whole bail out thing. It seems like the Feds are being bullied by the market, I dont know about the bullying with AIG but definitely with the rates. ReplyAIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
Why does Cramer get so much press? Like most bookies, he gets his going and coming. He plays his audience for suckers.Why do we lionize such foolishness?
Reply
AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
I say let em fall, and fall hard. All the financial Company CEO's raped, pillaged and made millions for years. Now it's their turn to pay the price. The market has a way to take to correct itself and those greedy bastards are getting what they deserve. Hogs get slaughtered. ReplyAIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
Cramer:"Why blame the government?
Because this stuff as so known and so obviously in the cards that you have to wonder whether perhaps the government has some marching orders from the president to do nothing until after every collapse -- nothing that is preventive."
Well Cramer, here is a little Politics 101:
We would all love to receive a crisp $1,000 bill in our mailbox daily, courtesy of everyone else (read: taxpayers). Personally, I think that would be just the cat's meow.
However, in an election year that's like wishing for World Peace. It's just not going to happen, even if it were the right thing to do (and its not), because it would be political suicide for McCain in particular and the Republicans in general, and of course Bush knows this.
The music has stopped, the dance is over, and its time to find a seat. Reply
i7
AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
AIG needs new management. These guys are like Fuld. They can't make up their minds. Why does it take 4 months of studying to decide what to do? Answer: A sentimental attachment to all the toys they have in their closet. This is one example where a private equity firm would do a good job. AIG management does not know how to manage exits. ReplyAIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
And finally...can AIG file a business-interruption claim with themselves? ReplyAIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
So...why weren't Fannie Mae and Freddie Mac allowed to fail? Because of Russia, China, Japan, et al They said those bonds were insured and the U.S. said, "Oh no they're not", then they said, "yes they are", and we said, "Oh, that's right---they are." By golly there is strength in numbers...sometimes! ReplyAIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
Here is a good article fromwww.riskglossary.com/l...
An excerpt:
"Analyzing CDOs is difficult. Not only is there an entire portfolio of credits to analyze, in managed deals, an investor won't know what collateral will be purchased. On top of this is the added complexity of the tranching, which must also be analyzed. Sophisticated portfolio credit risk models should be used. Needless to say, there is much potential for manipulation or abuse by sponsors."
Its no wonder the stock of the 'sponsors' like LEH and WM is going to zero - no investor can even figure out what these companies own, so they've decided it's all toxic waste.
Unfortunately this will hit the debt holders the hardest - people who because of their bad financial decisions, assisted by the mortgage crooks, will be slaves to their debt obligations - the banks - for years to come: a return to American Slavery. Reply
AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
AIG can't fail? Do you all remember the phrase: "Home ownership has never been higher"? And how did it get that way? By 'whistling past the graveyard'.It's called 'starve the beast' and the beast is at our door. Reply
Hoover
AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
According to Cramer, LEH was "too bg" to fail too. The Dow will be at 9000 by the end of the year ReplyHoover
AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
I thought MER was too big to fail too? ReplyAIG Must Not Fail! - Cramer's Stop Trading! (9/15/08) [view article]
Cramer at 10:47 AM EDT on Black Monday (9/15/08)"... Lots of high-multiple stocks are going down; they'll probably bounce later in the day."
OOPS - Wrong again! Reply