Genworth Financial Enters Run Off Mode - Others to Follow? [View article]
LMAO! The statement "Synopsis: Rejected - OTS's rejection of GNW's application under TARP is a major blow" is totally false.
The deadline was January 15th and the OTS missed it, not GNW. The OTS is the one that asked the Treasury for an extension since they are the ones that screwed up at that time (see below).
"William Ruberry, a spokesman for the Office of Thrift Supervision, told American Banker that the agency is still reviewing Genworth's application, and that a request was made to Treasury to extend the Jan. 15 deadline."
Investor confidence will not return completely until the extremely flawed and destructive M2M is fixed and the Uptick Rule is reinstated. Hopefully that will be soon.
The Uptick Rule: Mr. Cox, Is It Really That Devilish? [View article]
I think that Cox and the SEC are afraid that if they reinstate the Uptick Rule and the Stock Market skyrockets afterward, then it will make them look like idiots and were protecting the Shorts.
Morgan Stanley Shorts Brought the Short Ban [View article]
The Shorts use kind of a 3 prong strategic military-like attack with the assistance of the Rating Agencies and Media:
First the Shorts determine who to go after and who they could have the most effect on within the financials. They then spread False Rumors which are picked up by the Media which quote unnamed sources that in turn scares people. Shorts then follow up with a Massive Bear Raid (using naked short selling), which leads to a Downgrade by the Rating Agencies stating that the companies share price are now too low for future capital raises, which lead to possible calls on the companies holdings and further price drops...then onto their next victim to destroy and so on....
Morgan Stanley Shorts Brought the Short Ban [View article]
Very insightful article. Why give anyone, especially huge secretive hedge funds, incentive to destroy our financial systems and markets and then reward them? Shorts would have no need to spread false rumors and panic if short selling was not allowed. That is insane.
Shorts must be very evil and greedy people that strive for the destruction of man-kind. They dream for the death of individuals, job losses, and all bad things in general.The crazy thing is that they get rewarded if their dreams come true.
I agree. Why give anyone, especially huge secretive hedge funds, incentive to destroy our financial systems and markets and then reward them? Shorts would have no need to spread false rumors and panic if short selling was not allowed. That is insane.
Shorts must be very evil and greedy people that strive for the destruction of man-kind. They dream for the death of individuals, job losses, and all bad things in general.The crazy thing is that they get rewarded if their dreams come true.
Probably 99% of all consumer products and commodities (computer chips, fish, oysters, crabs, lcds, etc.) are not even traded on the futures markets and are much better at dictating prices according to supply and demand.
If computer chips were traded on the futures markets, PCs would be $5000 instead of $400-$800 (including lcd). If a delivery truck had a flat tire or if it rained, trader would jack up the prices 40% in a day.
Oil supplies at or need all time high. Stockpiles have increased something like 85%+ on a weekly basis since the beginning of this year. Futures Traders dictate if rice is as much as gold and if oil is $800 or $15 per barrel, no matter the supply or demand. Futures Traders think that are God, but they are really the Devil.
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Latest | Highest ratedGenworth Financial Enters Run Off Mode - Others to Follow? [View article]
The deadline was January 15th and the OTS missed it, not GNW. The OTS is the one that asked the Treasury for an extension since they are the ones that screwed up at that time (see below).
"William Ruberry, a spokesman for the Office of Thrift Supervision, told American Banker that the agency is still reviewing Genworth's application, and that a request was made to Treasury to extend the Jan. 15 deadline."
www.insurancenetworkin...
Mark-to-Profit: Why I No Longer Hate Banks [View article]
FAS 157: Let the Tweaking Begin [View article]
The Uptick Rule: Mr. Cox, Is It Really That Devilish? [View article]
Morgan Stanley Shorts Brought the Short Ban [View article]
First the Shorts determine who to go after and who they could have the most effect on within the financials. They then spread False Rumors which are picked up by the Media which quote unnamed sources that in turn scares people. Shorts then follow up with a Massive Bear Raid (using naked short selling), which leads to a Downgrade by the Rating Agencies stating that the companies share price are now too low for future capital raises, which lead to possible calls on the companies holdings and further price drops...then onto their next victim to destroy and so on....
Morgan Stanley Shorts Brought the Short Ban [View article]
Shorts must be very evil and greedy people that strive for the destruction of man-kind. They dream for the death of individuals, job losses, and all bad things in general.The crazy thing is that they get rewarded if their dreams come true.
Short Selling Ban Welcome [View article]
Shorts must be very evil and greedy people that strive for the destruction of man-kind. They dream for the death of individuals, job losses, and all bad things in general.The crazy thing is that they get rewarded if their dreams come true.
'Index Speculators' Hoarding Commodities [View article]
If computer chips were traded on the futures markets, PCs would be $5000 instead of $400-$800 (including lcd). If a delivery truck had a flat tire or if it rained, trader would jack up the prices 40% in a day.
Oil supplies at or need all time high. Stockpiles have increased something like 85%+ on a weekly basis since the beginning of this year. Futures Traders dictate if rice is as much as gold and if oil is $800 or $15 per barrel, no matter the supply or demand. Futures Traders think that are God, but they are really the Devil.