Dweezil's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/263872/comments http://seekingalpha.com/article/119188-weekend-madoffs?source=feed#comment-380306 380306
Look it up if you don't know what I'm talking about, but Monday Night Crucifixion sounds like a plan.]]> Sun, 08 Feb 2009 19:41:33 -0500
Look it up if you don't know what I'm talking about, but Monday Night Crucifixion sounds like a plan.]]> http://seekingalpha.com/article/97446-another-day-without-precedent?source=feed#comment-265480 265480
Citizens are the problem. Just because someone offers you a loan or credit card doesn't mean you should take it. Ultimately the taxpayer took the money that it couldn't pay back and now doesn't want to pay for it. So wanting accountability is going to make things worse across the board.

Now is the time to grease the wheels and try to get things moving again. Hopefully people have learned from this, but I doubt it.]]> Thu, 25 Sep 2008 23:56:57 -0400
Citizens are the problem. Just because someone offers you a loan or credit card doesn't mean you should take it. Ultimately the taxpayer took the money that it couldn't pay back and now doesn't want to pay for it. So wanting accountability is going to make things worse across the board.

Now is the time to grease the wheels and try to get things moving again. Hopefully people have learned from this, but I doubt it.]]> http://seekingalpha.com/article/96940-why-punish-the-whistle-blower?source=feed#comment-262818 262818
Whoever your brokerage is probably did that for you, you just don't know it and don't profit from it.]]> Tue, 23 Sep 2008 15:41:17 -0400
Whoever your brokerage is probably did that for you, you just don't know it and don't profit from it.]]> http://seekingalpha.com/article/96086-capitulation-is-here-again-good-times-to-follow?source=feed#comment-257933 257933 Thu, 18 Sep 2008 10:34:41 -0400 http://seekingalpha.com/article/95804-aig-bailout-over-to-congress?source=feed#comment-256487 256487
I look at it the same as writing unsecured puts, no matter how remote the chance there's still the possibility you end up with stock you don't want at a price higher than you can afford. Lesson is don't write something you can't back up. If AIG can't back up the CDS's that were written then they should be left on there own to sort it out.

If other companies suffer from contracts they wrote and get exercised because of it, let them all fall apart. There's nothing backstopping the individual if they make bad calls, what makes a multi-national any different?]]> Tue, 16 Sep 2008 22:29:58 -0400
I look at it the same as writing unsecured puts, no matter how remote the chance there's still the possibility you end up with stock you don't want at a price higher than you can afford. Lesson is don't write something you can't back up. If AIG can't back up the CDS's that were written then they should be left on there own to sort it out.

If other companies suffer from contracts they wrote and get exercised because of it, let them all fall apart. There's nothing backstopping the individual if they make bad calls, what makes a multi-national any different?]]> http://seekingalpha.com/article/95806-america-buys-aig?source=feed#comment-256476 256476
The market's only been telling people for over a year that there were problems in the credit market.

Lehman can fail, but AIG somehow can't because of potential problems that may result? Where is the actual proof of the financial armageddon that will result from letting people make bad decisions and having to live with it?

Let these companies fail, show them that there are consequences to there actions. If it throws the system in turmoil for a while, at lest it ends the perception that no matter how bad you screw up the government will come to you rescue.

Seems questionable that there wasn't funding available to Lehman Brothers but somehow it's there for AIG. Why should one company be spared and the other left to die when they both made the same bad bets on the same instruments. ]]> Tue, 16 Sep 2008 22:14:36 -0400
The market's only been telling people for over a year that there were problems in the credit market.

Lehman can fail, but AIG somehow can't because of potential problems that may result? Where is the actual proof of the financial armageddon that will result from letting people make bad decisions and having to live with it?

Let these companies fail, show them that there are consequences to there actions. If it throws the system in turmoil for a while, at lest it ends the perception that no matter how bad you screw up the government will come to you rescue.

Seems questionable that there wasn't funding available to Lehman Brothers but somehow it's there for AIG. Why should one company be spared and the other left to die when they both made the same bad bets on the same instruments. ]]>