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  • 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]
    <<<CEO of Hong Kong, Donald Tsang, said he was "scared" because "America is doing exactly what Japan did last time">>>

    Yeah, we're creating a bunch of "zombie banks just like in Japan".
    Nov 16 09:22 am |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Thanks Axelrod,
    Good rant and rave!
    Oct 23 10:56 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Hooray Axelrod608, Great job! Well said, I'd vote for you for Fed Chief but we've stuck with a bunch of idiots that I doubt can be stopped. When are folks going to wake up and realize they've been had?

    Remember G.W.'s good pal "Kenny Boy" better known as Ken Lay from Enron? I am affraid they have more then just bike riding in common.
    Sep 24 11:52 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I suppose you folks all saw this one. Looks to me like Lehman transfered money out so they could go BK.


    www.independent.co.uk/...
    Sep 23 10:45 am |Rating: 0 0 |Link to Comment
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