solar jim

A Giant Pinball Game - Fast Money Recap (9/30/08)

If its a foreign bank that bought a US unit that then got in trouble or was in trouble its the same as if it is a wholly owned US bank - less lending here and the system seizes up and the death spiral downward continues. It's a consequence of pushing globalization that this is affecting everyone everywhere as now the bad debt is everywhere. You know, it's funny - I don't see too many people pushing globalization and deregulation as much as they did a year ago.

A Giant Pinball Game - Fast Money Recap (9/30/08)

To Britishsteel: Actually, I can't vote for it. And I haven't ever seen any House representatives or senators on this site so I'm not quite sure why you're telling us to vote against it. Until it changes, US is a representative democracy and its the rep/sen who actually votes on behalf of us.