Trader Joe Posted October 8, 2008 Report Share Posted October 8, 2008 Liesman is a stupid dick. QED Link to comment Share on other sites More sharing options...
Sudaca Posted October 8, 2008 Report Share Posted October 8, 2008 More from the kitchen-sink-hail-mary dept.: Dozens of real-estate funds and other investors hoping to buy into the $700 billion bailout may need to take on the government as a partner. One idea being considered by Treasury officials working on the rescue plan is to sell big packages of toxic debt to ventures owned partly by investors and partly by the government, as opposed to selling directly to the private sector, according to executives who have talked to senior government officials. Of course, the government first has to buy the illiquid assets which have helped to put the financial system into gridlock by tying up the capital of dozens of major financial institutions. The Treasury hasn't yet determined how it's going to do this or what it's going to pay, although a "reverse auction" is a leading possibility. But once the Treasury gets its hands on the assets it will be trying to move many of them back to the private sector as quickly as possible. That's where the joint-venture plan comes in. U.S. May Help Private Funds To Purchase Troubled Assets Link to comment Share on other sites More sharing options...
Sudaca Posted October 8, 2008 Report Share Posted October 8, 2008 In Russia, things are so peachy I may buy some more. Micex trading was halted at 11:05 a.m. after it fell for a sixth day to the lowest level in almost 3 1/2 years. The suspension will remain in force until Oct. 10, unless regulators say otherwise. The RTS exchange was suspended indefinitely. Trading was halted 10 times in the past three weeks, including today. http://www.bloomberg.com/apps/news?pid=206...OkCE&refer=home Link to comment Share on other sites More sharing options...
DrStool Posted October 8, 2008 Report Share Posted October 8, 2008 Didn't see the speech, did Bernanke mention inflation being a problemlike Cramer is ranting he did? 697235[/snapback] Recap and reaction- Link to comment Share on other sites More sharing options...
Trader Joe Posted October 8, 2008 Report Share Posted October 8, 2008 LOve te fact that these down markets have wiped that stupid smug look off of Becky Quick's stupid face Link to comment Share on other sites More sharing options...
DrStool Posted October 8, 2008 Report Share Posted October 8, 2008 So if this doesn't work, what next ? 697237[/snapback] It's not going to work. We are going into a black hole. Those of you who are thinking about going long, or godferbid, actually doing it, better have your 1 minute bar charts up and running. Link to comment Share on other sites More sharing options...
T_Slim Posted October 8, 2008 Report Share Posted October 8, 2008 just an observer at this point. better to wait til the dust settles if it settles. Link to comment Share on other sites More sharing options...
Frenchy Posted October 8, 2008 Report Share Posted October 8, 2008 It's not going to work. We are going into a black hole. Those of you who are thinking about going long, or godferbid, actually doing it, better have your 1 minute bar charts up and running. 697246[/snapback] I went long for a bounce on ES over night(went fishing), i think i should be able to hold for a few days. But this is crazy. Link to comment Share on other sites More sharing options...
DrStool Posted October 8, 2008 Report Share Posted October 8, 2008 The only advice the stock hockers can give - Don't panic. Link to comment Share on other sites More sharing options...
Sudaca Posted October 8, 2008 Report Share Posted October 8, 2008 It's not going to work. We are going into a black hole. Those of you who are thinking about going long, or godferbid, actually doing it, better have your 1 minute bar charts up and running. 697246[/snapback] I think we're already in the Black Hole. Only it's too dark to notice it. Cash is 70% king. Link to comment Share on other sites More sharing options...
T_Slim Posted October 8, 2008 Report Share Posted October 8, 2008 markets back into the abyss. so much for that. Suds cue up the imperial troops gif Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 8, 2008 Report Share Posted October 8, 2008 BAC getting hammered again. Down another 10% in prehour. Link to comment Share on other sites More sharing options...
T_Slim Posted October 8, 2008 Report Share Posted October 8, 2008 crude, fraudexes, yen crosses, nat gas down. gold and silver stand up. Link to comment Share on other sites More sharing options...
Trader Joe Posted October 8, 2008 Report Share Posted October 8, 2008 Discounts on various closed-end-funds are boarding on INSANE Link to comment Share on other sites More sharing options...
Trader Joe Posted October 8, 2008 Report Share Posted October 8, 2008 Now that the market is in the shi+Ter.....CNBS, "Is now the time to move to cash?"......friggin' dolts Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.