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Jim Myrtle

Jim Myrtle
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  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    Flailing? It's true, trying to educate you is a struggle. LOL!
    Nov 20 10:39 PM | Likes Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "How do you short MBS? You probably can't."

    You're the one whining about selling MBS to pension funds and then shorting them. Why whine if it can't be done?

    Take some time, study and then get back to me.
    I'll be glad to point out your errors.
    Nov 20 10:38 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    Why would I watch it again, to count all the errors?

    "What kind of loans are you talking about? I am talking about MBS"

    Yeah, how do you short an MBS?

    " It's funny that was your 666th comment"

    There's no bad number when I'm educating people on SA.
    Nov 20 10:17 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    I saw Inside Job. Filled with silly leftist errors.

    "Jim are you familiar with Goldman Sachs? Shorted them?"

    Now you want to discuss synthetic MBS?

    Great, what do you need to know?
    It's obvious you don't know much.
    I'll be glad to help.
    Nov 20 10:04 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "As Daro said, Mozillo and Corzine should be in Jail"

    Great, they're both scumbags, charge them and convict them.

    "I think bankers who made awful loans, packaged them, got them rated as triple A"

    Banks don't rate bonds.

    "had them sold to pension funds...and then shorted them...should probably face some consequenses"

    Shorted them? Please explain further.
    Nov 20 09:55 PM | Likes Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "Yet you are concerned with the people who defaulted on their mortgages?"

    You seem to think that bankers who made bad loans should be jailed.
    Or did I misinterpret your stance?
    Nov 20 09:24 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "If someone took out a mortgage and defaulted on the loan their credit is wrecked"

    Wrecked credit? Why aren't they in jail?

    " Can you show me anywhere where they faced any consequences for their actions?"

    Consequences? LOL!
    Dick Fuld lost in the 9 figures. Jimmy Cayne lost a billion.
    Consequences? Get a dictionary.
    Nov 20 09:20 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    The fact that they paid back their TARP loans plus another $4.6 billion is proof that the bank was not worthless.

    The bailout did not cost the government a dime, how is that a gift?
    Nov 20 09:17 PM | Likes Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "Yeah I thought the fed lent it for free"

    Yeah, your thoughts are wrong all over the place.
    Nov 20 08:56 PM | Likes Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "why was it necessary to bailout the equity traunch of the balance sheet. why shouldn't those people have lost money"

    Ummmm, the stock is down 80% from the high. Didn't those people lose money?
    Nov 20 08:53 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "How many Bankers have gone to jail? Where is Dick Fuld right now? Where is Jon Corzine right now? Where is Mozillo right now?"

    Jail? LOL!
    When are mortgage defaulters going to jail?
    Nov 20 08:49 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    But you're wrong. The Fed doesn't lend at 0.25%.
    Nov 19 10:10 PM | Likes Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "the fed threw the banks a bone by letting them borrow at 25 basis points and turning around and lending the money to the government and making 100 to 200 basis points. why should the banks get that deal"

    Banks don't get that deal, the Fed doesn't loan to them at 25 basis points.

    "I want in too. there was no risk in that event"

    No risk in borrowing overnight to finance long term bond holdings?
    Are you sure?
    Nov 19 09:33 PM | 1 Like Like |Link to Comment
  • Is The Fed's QE3 Liquidity Finally Starting To Flow? [View article]
    "Here is some insight in the guy whose numbers you trust so much. Take a look"

    http://bit.ly/Xqa4nl

    I love that video. When you deposit your paycheck in the bank, who gets the money?
    Nov 18 10:22 PM | 2 Likes Like |Link to Comment
  • The Scourge Of Central Banking [View article]
    "would you not say the rules of the (investing) game were changed mid stream?"

    Changed midstream? Rates on Treasuries have been coming down for 30 years.

    "Fixed income AAA USTs were once purchased to 'finance' gov't expenditures - with a reward for the investment"

    How long ago did you buy yours?
    Oct 30 07:37 PM | Likes Like |Link to Comment
COMMENTS STATS
744 Comments
443 Likes