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anarchist

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  • Picking on Geithner [View article]
    Kirribilli I agree for the most part. I have no inside knowledge of why Obama picked Geithner and Summers to continue in his administration where they left off in Bush's but I was sickened by the fact he did so. Geithner and Summer like most of these investment bank gurus have big egos so I think geithner wants TARP not to fail but we saw before the inauguration what their plan was to solve the financial crises and it wasn't working. I have to wonder if Paul Volker advised Obama to bring these characters into his administration ( I doubt it) as major players or if Obama was listening to Volker at all.


    On Apr 28 08:13 AM Kirribilli Capital wrote:

    > Geuthner is and has been a total tool of the banking industry. That's
    > all he cares about. He buys into the axiom that Wall Street must
    > thrive for Main Street to survive. Others don't.
    Apr 28 10:17 AM | 2 Likes Like |Link to Comment
  • Apollo Group Inc. – Profit from a ‘For Profit’ [View article]
    Paul, this brings up a point I don't think you have spoken to. I have entered many of your trades to the limit of my financial ability so please don't take this a criticism. I was going back through your trades and a year of so back there were a couple of flops one of which, which was representative of the other couple I saw, was Crock Shoes. After your recommendation it hit the skids. I am pretty sure you didn't follow it down to under a $1 a share so just what kind of limits do you allow on your plays? When and just how do you move out of one that has gone South.
    thanks.
    Apr 25 05:30 PM | Likes Like |Link to Comment
  • Paulson Throws Bernanke Under the Bus, Backs Ken Lewis [View article]
    Ya think so? How about the lowly BAC share holder, did they have any idea that their company was being forced at "gun point" to absorb a huge chuck of toxic waste?


    On Apr 24 04:16 PM MarvinMBA wrote:

    > It is obvious in the public interest to keep ML alive...many would
    > suffer if ML declared Bankruptcy. In this case the right thing
    > was done and nobody should lose their job over this deal...MarvinMBA
    Apr 24 06:12 PM | 1 Like Like |Link to Comment
  • Paulson Throws Bernanke Under the Bus, Backs Ken Lewis [View article]
    Correct, I am just surprised that anyone is surprised. The whole "we will make sure you don't fail if you finish the Merrill deal and if you don't look for another job" was obvious.


    On Apr 23 03:22 PM notblind wrote:

    > It seems that a couple of people here are not aware that this took
    > place in the Bush administration.
    Apr 24 06:08 PM | 1 Like Like |Link to Comment
  • Seething Over Liddy's AIG-Goldman Connection [View article]
    Well said. I was so disappointed in Obama's choice of advisers. The hope is gone, gone, gone and "business a usual" is alive and well


    On Apr 17 05:11 PM Alan Young wrote:

    > I was misinformed. I thought we had a new administration in Washington.
    > Now I understand that this is just the 16th (or so) year of the
    > Goldman-Sachs administration.
    Apr 17 10:21 PM | 1 Like Like |Link to Comment
  • Seething Over Liddy's AIG-Goldman Connection [View article]
    What are you talking about? Is this some kind of religious philosophy? These bandits are living high on the hog and apparently will do so for the rest of their lives. Wheres the "just reward"? A just reward would be to spend some time in a lock-down until they get sent to prison.


    On Apr 17 04:18 PM Gary A wrote:

    > The GS thieves have done their thieving legally. But they are morally
    > bankrupt and we will see the Geithners, Paulsons, Summers and Liddys
    > of the world ultimately get their just reward. They came into the
    > world with nothing and they will exit with nothing.
    Apr 17 10:19 PM | Likes Like |Link to Comment
  • Seething Over Liddy's AIG-Goldman Connection [View article]
    User 396757 Who is this "liberal media" your talking about? Maybe Pacifica Radio but the rest of the media is owned by conservative and right wing individuals or conservative organizations.
    Apr 17 10:15 PM | Likes Like |Link to Comment
  • Are we headed for a copper standard? "Hard money enthusiasts have long watched for signs that China is switching its foreign reserves from US Treasury bonds into gold bullion. They may have been eyeing the wrong metal."  [View news story]
    H.J., your correct but China has four or five people at the top that make the policy and see that it is executed. Getting what is the best for the people into law in the US is a process full of compromises and pork to the point that it is often worse than doing nothing (which is what usually get done).
    Apr 16 01:45 PM | 2 Likes Like |Link to Comment
  • U.S. markets' rally car ran out of gas today, with economic concerns driving. DJIA -1.71% to 7920. S&P -2.01% to 841. Nasdaq -1.67% to 1625. Crude oil -1.5% to $49.29. Gold -0.61% to $890.30.  [View news story]
    I agree, I see the nasdaq moving down to touch the 20 day MA and then a rally up toward the 200 day MA, some correcting and then maybe more rally.


    On Apr 14 04:59 PM juan77 wrote:

    > I think 8000 is a key support level for the DOW.
    > In the past few days the DOW has dropped below 8000 a couple times and rallied back. I see the nasdaq
    > but rebounded strongly to go over 8000 again.
    > Tomorrow we might see a repeat of that.
    >
    Apr 14 07:23 PM | Likes Like |Link to Comment
  • Asia Will Lead the Developed Markets Over the Next Few Years [View article]
    like RiskReturnOptimizer I like EWT. No matter who lead the world out of recession Taiwan will benefit. Jim Rogers gave an interview some months ago and listed several stock in Taiwan he was interested in. I bought about four of them, added a little here and there and I wish to hell I had put more in as they pay a nice dividend and are up at least 50% in stock price. EWT is the easy way to invest in Taiwan and pays a nice dividend.
    Apr 14 07:13 PM | Likes Like |Link to Comment
  • Ten Ways to Invest in Cuba [View article]
    I don't understand what is in Cuba that they need the U.S. to buy. They produce sugar, a few minerals, cigars and maybe have a small pond of oil off shore. All those products are or can be consumed on the world market excluding the USA. Yes, the U.S. has an "embargo" but if you go to Havana you will see the harbor full of international shipping. Now maybe Cuba could get some U.S. money in the form of loans from the world bank but where's the investment? There is some tourism from the UK and Canada but it's limited. Maybe if the U.S. "normalizes" relations with Cuba it can put another Batista in power and the mob can go back in and there will be some casinos to invest in-of course all this won't help the locals much.
    Apr 14 07:01 PM | 2 Likes Like |Link to Comment
  • Treasury Directs GM to Get Ready for Bankruptcy [View article]
    I am ignorant about how chapter ll works, do all bond and stock holders end up with worthless paper? If so why are people still buying GM stock? I see where it ticked up few pennies after hours.
    Apr 13 05:32 PM | 2 Likes Like |Link to Comment
  • Is Bank of America Poised for a Major Move Up? [View article]
    Customers have ALWAYS been fed up with Bank of America and it's lack of regard to their banking needs and being stuck with ridiculous charges-but ya know what? B of A is still out there and it appears that, thanks to their customer's (and a "few" non-customers) tax dollars, they will be around for a long time. Take a look at this, it will make you sick-but where is the outrage?
    www.pbs.org/moyers/jou...


    On Apr 13 09:17 AM buoy wrote:

    > Customers are fed up with BAC.
    Apr 13 03:39 PM | 1 Like Like |Link to Comment
  • Morningstar: Ready to Rebound [View article]
    OK, but they are not shown at Yahoo finance and when I plug them into my brokerage orders I am told the do not exist. Anyway, the Sept. 09 put sold for $4.20


    On Apr 13 09:40 AM SJD wrote:

    > Jan 10's and 11's are there.
    Apr 13 02:33 PM | Likes Like |Link to Comment
  • Oil and Stocks Have Bottomed, But Their Paths Forward Vary [View article]
    obi wan, there is no way to separate politics and the market, they are intertwined-especially in times of financial crises like now. If one ignores the influence of politics on the market they, in their ignorance loose a hell of a lot of money.


    On Apr 13 08:50 AM Obi-Wan wrote:

    > Is this a market opinion or a political soapbox?
    > I agree on only one comment....there is enough blame to go around.
    > But if you want to lay blame, don't forget the consumer in all this.
    > We like when we have plenty of everything, instant gratification
    > and live for the moment, not worrying about tomorrow.
    > Yes, it's time indeed for the reset button....past time.
    > Now if only Congress had people of vision and foresight who thought
    > beyond padding their own pockets.....and actually served the public.
    >
    > There, I did it, I actually succumbed to my own political diatribe...see
    > what you all made me do??
    > *shakes head*
    Apr 13 10:06 AM | 1 Like Like |Link to Comment
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