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  • Citigroup: Take the Loss, Tim [View article]
    I'd like to frame a Citi share certificate and hang it on the wall in my office. Conversation piece. I do technically own a share or two, after all. Just mail me mine and we'll call it even.
    Dec 21 08:57 am |Rating: 0 0 |Link to Comment
  • Are Fed Funds Being Used to Repair Banks? [View article]

    I'm no economist, though I am becoming self-taught rapidly. I think you pretty much have the jist of the plan. The banks will own the country physically, as well as, the government that runs it. The largest (non)bankruptcy in human history. The banks will have had it all handed to them on a silver platter. Their losses in the housing implosion will be seen as the best investment ever made.

    On Dec 20 01:05 PM Northern Dancer wrote:

    > I see it as a trap... the biggest bull trap of all time. Sure, right
    > now .............
    >
    >..................... I admit, I'm not certain that I have it all figured out. I'm serious
    > about wanting some input from others. Clue me in further... please.
    >
    >
    > Merry Christmas All :-)
    >
    > .
    Dec 20 17:56 pm |Rating: +1 -1 |Link to Comment
  • Moody's: No Recovery in Restaurant Revenues Until 2011 [View article]
    No comments posted. Maybe because no one is paying attention to anything Moodys has to say.
    Dec 16 13:37 pm |Rating: 0 0 |Link to Comment
  • Buffett Sells Moody's, Again [View article]
    The major rating "agencies" are as good as dead. I'm thinking short position. All-in.
    Dec 13 17:30 pm |Rating: +1 0 |Link to Comment
  • How Long Will the SEC Look at Ratings Agencies Before Nailing Them? [View article]
    If I had lost any money in CDOs, a lawsuit would already be in progress. No way you lose.
    Dec 10 18:06 pm |Rating: 0 0 |Link to Comment
  • How Long Will the SEC Look at Ratings Agencies Before Nailing Them? [View article]
    The collapse of the financial system in a nutshell. Brilliant.
    Dec 10 11:02 am |Rating: +2 0 |Link to Comment
  • Fed Finally Acts to Limit Excessive Bank Compensation  [View article]
    The solution is so easy. Required TARP repayments matching total employee compensation.
    Sep 18 12:48 pm |Rating: +2 0 |Link to Comment
  • Why the Detroit Bailout Should Include Bankruptcy [View article]
    I've sold GM and Chrysler products for the last 5 years. I've seen them up close and seen how satisfied customers are with them. They're sub-par in quality, reliability, and fit and finish. The Koreans are building a better product. If Hyundai starts building trucks, Detroit can forget about it. When brand new cars need service the day after they roll off the lot, repeatedly, there is a problem.
    Nov 11 17:34 pm |Rating: 0 0 |Link to Comment
  • Should Governments Bail Out GM?  [View article]
    If tax dollars are pumped into the domestic automakers, they'll burn through it the same as they have their own cash. A dollar is a dollar, regardless of where it came from. I'm not willing to donate the tax money i pay to carry a business(es) that is(are), in effect, the last dinosaur to become extinct.
    Nov 11 16:59 pm |Rating: 0 0 |Link to Comment
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