jerry p

http://www.us.mensa.org
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22 Comments

    • Sun Apr 6th 00:02 AM | Rating: 0 0
      Commented on:
      It's Not the Fault of Hedge Fund Managers That They Make So Much Money
      agreed. the investors know what the fees will be before they invest. it is up to them whether they want to pay 20% to let somebody gamble with their money.
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    • Sat Apr 5th 22:01 PM | Rating: 0 0
      Commented on:
      "Reluctant Banks" Let Defaulted Borrowers Stay in Homes
      i am voting for the person who promises me the most freebies as long as someone else pays for it. why should i have to work?
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    • Mon Mar 17th 15:29 PM | Rating: 0 0
      Commented on:
      Lehman Battered Hard; JPM To Fire Half of Bear Staff?
      Why should the Fed have to act to save foolish financial firms who gambled with CDOs and CDSs? Is the Fed supposed to save every company that takes horrible risks? If that is the case then the Fed should take half of their profits during the good times.
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    • Wed Mar 12th 16:46 PM | Rating: 0 0
      Commented on:
      Penn National Gaming: Deal or No Deal?
      Why would PENN management co-operate in WB pulling the rug out from under the deal? That makes no sense and is a pretty stupid statement.
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    • Mon Mar 10th 01:23 AM | Rating: 0 0
      Commented on:
      Lost Decade for Stocks?
      Blaming the decline of the USD on the war is ignorant. The USD started its decline when Greenspan lowered the rates to 1% and is crashing again because Bernanke is headed back to 1% due to the credit problems. I wish you idiots would stop trying to tie every event in the world to Iraq. People did not borrow beyong their means because of Iraq. Banks didn't make bad loans because of Iraq. You did get a flat tire because of Iraq. While the Iraq war has been expensive and a huge waste of resources, it is not the cause of all the world's problems.
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    • Sat Mar 1st 20:38 PM | Rating: 0 0
      Commented on:
      Jumbo Mortgage Risk Will Topple the Teetering GSEs
      It's funny to see that some people are still comparing past default rates to the loans of the past few years. Alt-A used to be very safe loans until the lenders threw all standards out the window. Subprime used to default at under 5% and is now defaulting at nearly 20%. One jumbo loans default equals three or more average conforming loans defaulting. Now throw on a housing bubble where prices will drop 20-30 percent with jumbo defaults and you have a recipe for disaster
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    • Mon Feb 25th 14:59 PM | Rating: 0 0
      Commented on:
      Shorting the Homebuilders as Their Stocks Surge
      tommyris must have thought that pets.com was cheap at $80 because amazon stock was at $400

      Could it be that the US is in less of a bubble than Europe? That doesn't mean that it isn't in a bubble. Prices in Spain are already starting to crash and the government there is talking about a bailout.

      If the credit crunch is nearly over, then why are the banks trying to bail out the insurers? Why is the government talking about bailing out the banks? Who is willing to bail out the bankrupt government? Is there further demand for US T-bonds at 4% when inflation is at 4.5%?

      Yes, the banks may win again, but how does that translate into this being the bottom for homebuilders?
      View article »
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