derwent

Eddie Lampert's Troubles: It's Not Just Sears

Comedy!


On Nov 22 01:27 PM kurt walter wrote:

> I heard Eddie has been buying Fannie Mae down here. Is that true?
> If it is he has lost his mind. The Fannie common stock is going to
> be worthless. What does Eddie's buddy, crazy Cramer, say about this
> mad money?

Drop in Gas Price = $300B Savings

I hope this does not mean Americans' will continue with there gas guzzling ways oblivious to the fact that they consume 25% of the worlds' energy. GM and Ford should concentrate on building hydrogen cars and hybrids and then maybe there's hope for the rest of us. Biofuels are not the answer if you take the food out of the mouths of Latin American nations or even your own for that matter. In the UK our indigenous car industry was wiped out years ago but runs quite successful factories by Honda and Toyota. Of course there is also the nonsense the US manufacturers pay $79 an hour. are they worth that???
However get the Citi bull resolved, rethink banking legislation and I believe success is not too far away. Ditch the Hummer, tax the gas guzzlers off the road and at least in the short term try to drive efficiently.

What Did Buffett Buy: American Express or Wells Fargo?

Why do you care what he says? If you think he is a great investor, and most do, you just have to shut up and buy Berkshire stock.