lgtccjm

How Bloomberg Fabricates U.S. Housing Numbers

I agree. The world has ended. I am merely a virtual creation of the of the government.


On Nov 01 11:00 AM notsosmart wrote:

> this is interesting to me. i dont know this author.he calls wallst
> a ponzi scheme. i have been calling wall st a ponzi/casino scheme
> for years.he points out fraud/propaganda figures.what do you expect
> of a country that papers the world with phony rated AAA crap?what
> is it you expect of lying ceos & lying congress? presidents that
> lie(past & present)?self serving bods & accounting firms?
> a lack of ethics & transparency? a movie industry that tells
> you "greed is good"?contracts have become meaningless.every new law
> has the built in loopholes for the insiders.the whole system is a
> sad joke.unless someone can find a way to turn granite counters into
> oil this country is finished. your children & grandchildren will
> never pay off this debt.our free way of life is shrinking by the
> minute.cameras all over.credit card purchase tracking.ez pass &
> cell phone tracking.LOL out loud about the folks who talk about privacy.
> your every claim for your house,car, & drs visit is logged somewhere.now
> this author is worried about phony figures? too little too late.

Cramer's Mad Money - Return to the Forbidden Citi (12/19/08)

Thank you for pointing out this obvious fallacy - that Pandit rescued Citi in 1991 - a little research on the internet indicates the Pandit was working for Morgan Stanley at that time. Not likely that Morgan Stanley helped to rescue Citicorp, a large commercial bank.


On Dec 22 08:24 AM ResourceWise wrote:

> Miriam, you wrote: “Pandit was the architect of Citi’s turnaround
> in 1991”?! I wasn’t aware of this historical ‘fact’. Even though
> I have followed Citi’s fortunes since 1988, the first I heard of
> Pandit was when he sold Old Lane Partners to Citi for $800 million
> in 2006 and then liquidated the fund in 2008.