wallster's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/258450/comments http://seekingalpha.com/article/121469-is-government-part-of-the-problem-or-the-solution?source=feed#comment-428377 428377
Not to leverage. Not to incompetence. Not to poor management structures. And not to just plain old bad business models. "

Of course. Haven't you been paying attention? If the big bad FASB hadn't been forcing banks to look at actual transaction prices when valuing their securities we never would have had this problem!

Hopefully Obama will pardon Andy Fastow soon, once he gets the banks up to speed on mark-to-model accounting, we can do away with those pesky market prices and it's prosperity here we come! ]]> Mon, 16 Mar 2009 18:13:09 -0400
Not to leverage. Not to incompetence. Not to poor management structures. And not to just plain old bad business models. "

Of course. Haven't you been paying attention? If the big bad FASB hadn't been forcing banks to look at actual transaction prices when valuing their securities we never would have had this problem!

Hopefully Obama will pardon Andy Fastow soon, once he gets the banks up to speed on mark-to-model accounting, we can do away with those pesky market prices and it's prosperity here we come! ]]> http://seekingalpha.com/article/97533-no-wonder-the-700-billion-bailout-deal-failed?source=feed#comment-265808 265808
Would you advocate giving Paulson $700b and tell him to go nuts without any oversight? Sounds like you'd prefer that.

I agree that some of the housing preservation stuff is too vague, but ]]> Fri, 26 Sep 2008 09:37:35 -0400
Would you advocate giving Paulson $700b and tell him to go nuts without any oversight? Sounds like you'd prefer that.

I agree that some of the housing preservation stuff is too vague, but ]]> http://seekingalpha.com/article/94619-the-worst-is-over-crowd-is-in-for-a-shock?source=feed#comment-249214 249214
The market had another 15% decline after August 1989.]]> Tue, 09 Sep 2008 10:14:29 -0400
The market had another 15% decline after August 1989.]]>