gordon

Haven't We Heard this Market Song Before?

Anyone else notice the CORRUPT MEDIA not reporting mortgage apps DROPPED 30%, and factory orders DROPPED TWICE THE ESTIMATE?
Bloomberg flashed the factory orders ONCE, for 5 seconds, during Bernanke-bullcrap, not long enough to read.

Ten Notes on the Financial System and Our Quasi-Government

GREAT COLUMN, but this is huge! You mean, the investmt banks are not even delivering any collateral, and there's no penalty when they renew in 28 days, they are just paying interest ? something smells here>
ftalphaville.ft.com/bl.../

Bear Stearns Given Away, Not Sold

JIM ROGERS:

On why Bear Stearns was bailed out:

" You know the reason they did it this way was because, if Bear Stearns had to declare bankruptcy, you'd realize that Bear Stearns paid out billions of dollars in bonuses in January - six weeks ago. If he let them go into bankruptcy, they all would have had to send back their bonuses.

This is what they're doing, they're doing it so they don't have to give back their bonuses. That's why they didn't put them into bankruptcy. Jamie Dimon has gotten a great deal because the Federal Reserve is paying for it. The Federal Reserve is using taxpayer money to buy a bunch of Bear Stearns traders' Mazeratis."

Did the Fed's Move Prevent a Stock Market Panic?

here is PPT intervention mentioned above
03/14 10:30 am VOLUME 74.55M AVG VOL 22.51M SPY

Did the Fed's Move Prevent a Stock Market Panic?

Soprano- look at the Plunge Protection government intervention exactly @10:30est buying 74.5 MILLION SHARES of the SPY, average volume of the 3-4 blocks was 23 Mil shares. LOOK AT A 5-MINUTE CHART OF SPY ON FRIDAY, FOLKS!= Reversed market 150pts.
You think that's coincidence?

Pundit Failure: We Are in a Bear Market and This Is a Recession

Of course those are housing related. Energy has done ok if you bought dips. CNBC should be made to disclose how much money each pumper-guest PAYS THEM TO APPEAR.

Miracle: Bush To Part The Bankrupt Sea

I'm waiting to see if they allow refis/cash out loans, those rich non-primary residence loans who sucked all the cash out,to use the system and avoid all IRS income on that money! Meanwhile, here's info you can use, unlike this drivel.
www.financialsense.com...