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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]
    <<<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]
    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]
    <<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
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