Roger G McCorkle's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/170077/comments http://seekingalpha.com/article/130824-wall-street-breakfast-must-know-news?source=feed#comment-462699 462699

On Apr 14 09:37 AM marketman54 wrote:

> At least GS doesn't have any toxic mortgage assets, but what about
> toxic credit defaults swaps?
Nope! They sold all the mortgage backed paper to their customers, to help with the "Customer's Yachts."]]> Tue, 14 Apr 2009 10:00:32 -0400

On Apr 14 09:37 AM marketman54 wrote:

> At least GS doesn't have any toxic mortgage assets, but what about
> toxic credit defaults swaps?
Nope! They sold all the mortgage backed paper to their customers, to help with the "Customer's Yachts."]]> http://seekingalpha.com/article/129421-bill-black-on-top-elites-all-are-presently-committing-fraud?source=feed#comment-452611 452611
Of course, with my satirical mind:

[Goes into Bank of American
Me: Hi guys! I'm here to give you some business, I'm interested in borrowing $25,000.

BAC: Fine, just fill out this credit application

Me: Not necessary, I have the very best collateral. A thousand shares of your stock.

BAC: The stock closed at $7.60. Your collateral is worth $7,600 max.

Me: No, I paid over $40 a share in March 08. I have $40k collateral now that "mark to market" no longer applies.

BAC: That only applies to OUR assets not YOURS!]]> Sun, 05 Apr 2009 16:14:31 -0400
Of course, with my satirical mind:

[Goes into Bank of American
Me: Hi guys! I'm here to give you some business, I'm interested in borrowing $25,000.

BAC: Fine, just fill out this credit application

Me: Not necessary, I have the very best collateral. A thousand shares of your stock.

BAC: The stock closed at $7.60. Your collateral is worth $7,600 max.

Me: No, I paid over $40 a share in March 08. I have $40k collateral now that "mark to market" no longer applies.

BAC: That only applies to OUR assets not YOURS!]]> http://seekingalpha.com/article/107533-wall-street-breakfast-must-know-news?source=feed#comment-313908 313908

On Nov 24 10:00 AM outofchips wrote:

>
> 1. Institutions that make loans must retain responsibility for the
> loans. The loans and the associated risks/rewards can't be bundled
> and passed on to other agencies for investment purposes.
> 2. Pass laws that make individuals responsible for their actions.
> For instance, people who borrow money should be aware they have to
> pay it back or there will be unpleasant consequences. Of course,
> people who borrow should be made to realize how the loans are structured.
>
> 3. NEVER allow solutions that are constructed at the expense of the
> people who are not responsible for the problem. People who faithfully
> make their loan payments should not be penalized for those who do
> not, just as people who exercise, watch their diet and weight, and
> take care of themselves should not be penalized for those who do
> not take care of themselves. Never reward the people responsible
> for the problem at the expense of those who were not.
> 4. Be grateful for high achievers in our society. Respect them. Appreciate
> them. They are the ones who invested extraordinary amounts of time,
> energy, treasure, and sweat that has resulted in our having so much,
> and they pay most of our country’s taxes.
> 5. Read ATLAS SHRUGGED.
> Peter Bennett]]> Mon, 24 Nov 2008 14:23:28 -0500

On Nov 24 10:00 AM outofchips wrote:

>
> 1. Institutions that make loans must retain responsibility for the
> loans. The loans and the associated risks/rewards can't be bundled
> and passed on to other agencies for investment purposes.
> 2. Pass laws that make individuals responsible for their actions.
> For instance, people who borrow money should be aware they have to
> pay it back or there will be unpleasant consequences. Of course,
> people who borrow should be made to realize how the loans are structured.
>
> 3. NEVER allow solutions that are constructed at the expense of the
> people who are not responsible for the problem. People who faithfully
> make their loan payments should not be penalized for those who do
> not, just as people who exercise, watch their diet and weight, and
> take care of themselves should not be penalized for those who do
> not take care of themselves. Never reward the people responsible
> for the problem at the expense of those who were not.
> 4. Be grateful for high achievers in our society. Respect them. Appreciate
> them. They are the ones who invested extraordinary amounts of time,
> energy, treasure, and sweat that has resulted in our having so much,
> and they pay most of our country’s taxes.
> 5. Read ATLAS SHRUGGED.
> Peter Bennett]]> http://seekingalpha.com/article/93663-wall-street-breakfast-must-know-news?source=feed#comment-244334 244334
I don't think that anyone could think that Rupert's dreams about the NYT could have anything to do with money. This is only about ego and his hopes of destroying a paper that expresses things that differ from his perception of the world as "it should be."
]]> Wed, 03 Sep 2008 08:35:46 -0400
I don't think that anyone could think that Rupert's dreams about the NYT could have anything to do with money. This is only about ego and his hopes of destroying a paper that expresses things that differ from his perception of the world as "it should be."
]]> http://seekingalpha.com/article/93202-wall-street-breakfast-must-know-news?source=feed#comment-241525 241525
This rather brings to mind Henry Ford's comment that "The workers have to make at least enough to buy a Ford."]]> Fri, 29 Aug 2008 09:24:59 -0400
This rather brings to mind Henry Ford's comment that "The workers have to make at least enough to buy a Ford."]]> http://seekingalpha.com/article/82309-wall-street-breakfast-must-know-news?source=feed#comment-191066 191066
You thought the Democrats controlled Congress? Thoughts and facts are two very different things. The Democrats have 50 seats in the Senate. Since Liberman caususes with the Democrates [ie spies for the Republicans] the Democrats get the chairmanships.

However it takes 60 votes in the Senate for anything to pass.
On this past Friday a bill to revise Medicare payments received:
Yeah 54
Nay 39
Not voting 7
Bill Failed.

Try to get your facts straight. Thinking does not make it so.]]> Mon, 23 Jun 2008 13:42:13 -0400
You thought the Democrats controlled Congress? Thoughts and facts are two very different things. The Democrats have 50 seats in the Senate. Since Liberman caususes with the Democrates [ie spies for the Republicans] the Democrats get the chairmanships.

However it takes 60 votes in the Senate for anything to pass.
On this past Friday a bill to revise Medicare payments received:
Yeah 54
Nay 39
Not voting 7
Bill Failed.

Try to get your facts straight. Thinking does not make it so.]]> http://seekingalpha.com/article/71839-wall-street-breakfast-must-know-news?source=feed#comment-148425 148425

Considering that Soros makes more money in the markets in a week than Greenspan has in a lifetime, I think I know who opinion I value]]> Thu, 10 Apr 2008 14:21:42 -0400

Considering that Soros makes more money in the markets in a week than Greenspan has in a lifetime, I think I know who opinion I value]]>