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  • Wall Street Breakfast: Must-Know News [View article]
    Ending too big to fail vs. continued TARP for GMAC an other failed companies. Reminds me of the Alien vs. Predators movies. Who'll win? I know it won't be the tax payers.
    Oct 28 09:46 am |Rating: +9 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Now with CD's paying next to nothing POOR retires trying to make it on a fixed income might as well just die. I say the rates need to raise now to defend what few dollars long term savers have left. Disgusted retiree!
    Sep 23 09:40 am |Rating: +8 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Seems to me folks around the world are waiting to see "the crooks" locked up before they'll start renewing our credit. Madoff is sitting in his $15 million apartment, Stanford is somewhere else and the list goes on and on of "the crooks" walking the streets. Can you really blame other countries for being cautious about loaning America more money? I've finished my rant.
    Feb 27 08:55 am |Rating: +7 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Isn't this exactly what Madeoff's ponzi scheme was doing. Paying us back with our own money and zero financing to the world.<<... said it plans to step up the pace of its repayments to the government as a result of the aid>>&am...
    Dec 31 09:27 am |Rating: +6 -2 |Link to Comment
  • Thinking of Going Long Oil? Here's What to Consider [View article]
    Ben's not steering anything. He's headed full steam ahead into the iceberg. The plan is to crash through the iceberg and come out whole on the other side. Nobody told him yet but the Titanic used the lower bidder for it's rivets.


    On Dec 18 09:03 AM basehitz wrote:

    <<< Fundamentally, as long as Banana Ben is steering the titanic down the current path to help his bankster cronies, the USD is toast (long term) and investors will want to own something of tangible value.>>>
    Dec 18 12:38 pm |Rating: +5 0 |Link to Comment
  • Petrobras Can Go Down Even if Oil Goes Up [View article]
    Makes no sense to me to be short this volatile a stock and long other oil issues. Either your in or out of oil and natural gas issues. You say PBR might issue more shares but I say they might also find a new large field. Too risky shorting PBR IMHO.
    Sep 01 11:19 am |Rating: +5 -1 |Link to Comment
  • Look Who's Buying Natural Gas Now [View article]
    Don't buy UNG/USO as they are limited partnerships (LLPs) and not only will it greatly confuse your tax return they will hit you up for partnership expenses at the end of the year.
    May 13 10:49 am |Rating: +5 -4 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    “ How bad is it when a $1.5 billion GM loss is an improvement? How the mighty have fallen. ”


    On Nov 16 09:49 AM JCCIII wrote:

    > Government Motors getting out of debt:
    >
    > "A potential catch: the carmaker plans to use other money from the
    > government to repay the borrowing."
    >
    > This is exactly how the US government pays off bonds; sell new bonds
    > to pay off the old. I am sure Mr Ponzi is rolling over in his grave
    > and Mr Madoff is wondering "Why am I in jail?"
    Nov 16 09:56 am |Rating: +4 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    <<<without the ability to retain talent>>>

    Can someone quantify just exactly what they mean by talent? Does that mean hiring the best looking folks, or the biggest Connivers, or are they talking about pert's like jet planes and expansive 3 martini lunches or is it they want to hire rocket scientists to build us another house of cards?
    Nov 11 09:52 am |Rating: +4 -3 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    <<which bank executives fear will hamper its abilities to recruit talent>>

    They keep talking about a mysterious talent only a few folks possess. Do they mean the babes or are they talking about hiring the best scammers that truly can game the system to perfection?
    Oct 26 09:48 am |Rating: +4 0 |Link to Comment
  • E*Trade: Expect a Takeover Any Day Now [View article]
    Usually, they say one thing and do another; so no telling? I think a Wells Fargo could really benefit from an ETFC take over. They could combine ETFC with there current brokerage and become a much more relivent financial institution.
    Sep 25 09:22 am |Rating: +3 -3 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I hope they're on the banks books but from what I am hearing the banks have started a 3 card monte for counting newly foreclosured properties. Banks thinking it helps to hide the problems and if the commerical real estate starts defaulting watchout below.

    On Jul 30 08:59 AM robert.b.ferguson wrote:

    > Keep in mind that these "Distressed loans" are on someones books some where as "Toxic assets.".
    Jul 30 09:41 am |Rating: +3 0 |Link to Comment
  • ETF Market Intelligence Analyzes Energy Sector [View article]
    Warning: Don't buy USO or UNG LLP's unless you like filing a bunch of extra tax forms and paying partnership FEES out of your holdings. I was shocked to have fees drawn right out of my brokerage account.
    May 20 10:10 am |Rating: +3 0 |Link to Comment
  • Natural Gas: Not Many Reasons to Own It [View article]
    Warning: Don't buy USO or UNG LLP's unless you like filing a bunch of extra tax forms and paying partnership FEES out of your holdings. I was shocked to have fees drawn right out of my brokerage account.
    May 19 10:28 am |Rating: +3 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Drew you hit on something there. I think if the government fibers-up every house in America (where it makes sense to do) then a lot of trips become unnecessary. I believe the new Obama package has some money in there for that purpose.
    Mar 26 12:43 pm |Rating: +3 0 |Link to Comment
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