Metzenbaum Scissors

Calling a Bottom: It's Time To Party

Puh-leeze, enough with the "I wanna be the next to call the bottom", especially with a pseudonym.

I predict that Canada will invade Russia and start NOPEC.

Any other anonymous ridiculous guesses out there?

Fannie, Freddie Headed for Conservatorship

See two posts up. I was right.

Freddie/Fannie Plans In Motion; Why Are They Being Underplayed?

I ponder this:

The biggest mortgage lender and insurer in the world's biggest economy was taken over by federal authorities. There were no other possible lenders, and the government acted to preserve the world credit system.
Have I got that right?

And people are discussing whether FNM doubles or halves on Monday?!?

Shurley shome mishtake?!?

Fannie, Freddie Headed for Conservatorship

Sheeple, the common on Phonie and Fraudie is now worth zero. Only the senior debt will be made square... all the less-than-senior debt is will rely on the credit default insurance (whoever holds it, how do you know it isn't ... me ?!? You don't.), the preferred and common are subordinated to that.

Pfffffttttttt....

Fast Money Recap, 3/20/08: Cold Commodities

Here's a pindick comment from anonymous.

CNBC? Are you kidding me? Pretty people with communications degrees reading stories they don't understand as an information source? Shurely shome mishtake?!?

The opinion that matters, the ONLY opinion that matters, at the end of the day is price.