Ilya

What Overstock Didn't Tell the SEC

I guess this is all part of a big plan to drive the company stock down as the CEO Patrick Byrne claims in many of his numerous rants. Apart from the erratic behavior of the CEO I am just amazed at this above-mentioned "miss-reporting" behavior. I myself took the article for what it is worth and did no further research on this matter – only out of curiosity did I read this article and not from an investment standpoint. To me this company with its weak, non-existent margins and peculiar CEO deserves attention from short sellers and warrants a closer look from the SEC - if in fact the above mentioned material is correct.

Bush to Outline Mortgage Relief Plan

Excellent the relief is here!
Let’s all in the future borrow as much as we possibly can and originate personal loans we can barely afford. We all know if it gets tough, if the rates go up like they normally do in tandem with economic cycles the government will bail us out. We will not reward or acknowledge the savvy borrower who calculates his risk, we will only pity the borrower who never considered the future, or can not afford to live within his means.

My suggestion:
Lets all finance super expensive vehicles on adjustable loans, then when we can't afford the payments and the bank wants to repossess our car we'll say; where is the government to bail us out?

I am sorry, calculate how much you can afford, how much you consume and then figure out a realistic financing plan. You need not be a financial guru to do so, just some common sense money management.

The banks took on too much risk and are now loosing money having to foreclose people's properties-too bad, file for chapter 11 or deal with it!
Got a loan you can't possibly afford should the rate go up a 1/4 point-too bad, sell your property and get another one you can actually afford!