Jump to content

Nasdaq crashes .03%!


Recommended Posts

BERKSHIRES LOOK THROUGH DEBT MOUNTAIN

...

After all - to see the downside for Berkshire shouldnt we look at this off balance sheet debt which could impact Berkshires equity holdings?????

 

So it Berkshire has say a $5 billion in capital in say Goldmember, then the debt that that equity backs could be said to be Berkshires portion of goldmembers debt

 

eg say $70 billion in debt.

 

This could be applied to all Berkshires investments to see what Berkshires true debt position is - not just the relatively small debt on its balance sheet debt.

 

If you apply this principle then Berkshire probably has over $200 billion in debt.

 

Which puts it in the leverage league of Blackstone and KKR. :ninja: :ninja: :ninja:

Butt the max claim on BRK is the extent of the equity holding .. $5 billion. Not $70 billion.

 

A $5 billion non-recourse walk away .. no?

 

Default for grown ups.

Link to comment
Share on other sites

  • Replies 109
  • Created
  • Last Reply

Yoo Hoo's 10 top stocks for 2010.. a few picks are interesting....if the markets keep going up.....

 

the horseheads are missing....guess they see MasteroftheUniverseCard gouging consumers as it made number one on the list st the bargain basement price in thhe mid 200's..........lot of government subsidized build out plays...

 

The header and lead in of the article is horsesheet though....everyone is holding hands and if we head back down hard...these all will go over the cliff as well....they should edit and say you'll loose money at a slower pace.....

 

http://money.cnn.com/galleries/2009/pf/091...tune/index.html

Link to comment
Share on other sites

we have come a long way in 10 years.....I'm sure they all read this closely...

 

ap

Senate to vote on $1.1 trillion spending bill

Senate set to vote on $1.1 trillion spending bill boosting money for agencies, other programs

 

WASHINGTON (AP) -- Senate Democrats overcame a Republican filibuster to clear the way for a vote Sunday on a huge end-of-year $1.1 trillion spending bill that gives budget increases far exceeding inflation to much of the government.

 

The 1,000-plus-page bill brings together six of the 12 annual spending bills that Congress had been unable to pass separately because of partisan roadblocks even though the current budget year began Oct. 1.

 

 

http://finance.yahoo.com/news/Senate-to-vo...set=&ccode=

Link to comment
Share on other sites

Got gold? B)

GoldCoins1L.jpg

 

Krugman is just front running BHO policy. ;)

 

WASHINGTON (AP) - President Barack Obama's chief economic advisers said Sunday that putting Americans back to work is the first order of business in working the country out of the deepest economic downturn in six decades. Only then can they start tackling the soaring federal debt.

At the same time, Christina Romer, chairman of the White House Council of Economic Advisers, said she would not consider the recession truly at an end until employment returns to levels last seen at the end of 2007 when the recession began.

AP

Link to comment
Share on other sites

Time to buy stocks :wacko:

 

The President’s top economic advisor, Larry Summers, told me that “by spring employment growth will start turning positive.”

 

During my "This Week" interview, Summers said that “everybody agrees that the recession is over,” but he did not say when the unemployment rate could be expected to drop further.

Georgie Boy

Link to comment
Share on other sites

jickiss is back!

 

 

 

 

jickiss is back!

 

 

and, a must read, for sure:

 

http://www.rickackerman.com/wp-content/upl...lation-2010.pdf

 

This link (above) is from Mr. Ackerman, who is not yet buying into the Williams Report on the coming hyperinflation:

 

"As the U.S. government has attempted in recent decades to assuage electorate discontent with ever more expensive social programs; as the Federal Reserve has moved to encourage debt expansion as a remedy for lack of real, inflation-adjusted, income growth; the eventual bankruptcy of the U.S. dollar was locked in. The problem here was taken on and created willingly by U.S. government officials -- embraced by both major political parties -- not imposed by a victorious and vengeful enemy of war."

 

for the Record, your jickiss says that the above Snip-ette is dead on, and that the Reasons for the coming disaster are CLEAR...the Question is why and what will emerge from the ashes....If the Dirty Hand is truly guided by clear Vision from above, (so to say), then Giant Surprises will spell the end of discussions of Animal Farm Animal House and Brave Worlds. On the Street Level, the lack of brave hearts will become clear enough.

 

The Bottom Line: The US Bonds Outstanding Can never be paid off....The day they can not roll the Bonds will be the Real Day of Infamy.....Why?....Because More than Honolulu Harbour will burn on that day.

 

Nothing like cryptic remarks, or, alternatively: "Price is all that matters" until the end.

 

jickiss!!!!!!!

Link to comment
Share on other sites

jickiss is back!

 

 

 

jickiss is back!

 

 

and,

 

Dear TJ, tanks for your second Rapid Response. your jickiss really likes the following Snippet, from page 4 above, from your analysis:

 

"It will be great hearing the yammering douches on CNBC talk about the spike in the US-diner at the same time that gold & T-bones are also spiking and schlocks are falling"

 

from your keyboard to the prices of Gold and Gold Miners and Related and Silver and Silver Related issues!

 

Where oh Where is the Gold and Silver true and genuine Counter-sick-la-Kality, anway? To your jickiss, the Failure of the Key Gold Miners to Move to much higher All time highs so far this year proves the power of the Dirty Hand. So Far, the Dirty Hand is still steering the Lexus down the AC Expressway to AC. Guess, when they finally arrive, they will buy the Whole Shee Bang for 30 doolars, and soon enough, no doubt. Trump will probably figure out some way to buy all the props, and THEN he will by Luck (figure this out, Mr. Libel) induce the Feds to Bail out AC completely, block by block and Casino by Casino. In fact, even if the Feds gave out packs of $100s to the suckers at the Bridges into AC, it would not matter, for they would all lose all the cash.....Maybe this is another Worthy Idea to Thimk About?

 

On a More Serious Note: Just who controls the Bonds of Greece, the Baltic States, Spain, Ire-land and Dubai, anyway? In other words, what are the Bloomberg quotation symbols for the Long term Bonds of any or all of the above?

 

does anyone have long term charts of Long Paper Issued by Greece, The Baltics, Spain, Ire-Land and Dubai, that they could post here?

 

then we could see if these paperz are failing, technically speaking in terms of price...

 

jickiss!!!!!!!

Link to comment
Share on other sites

Doc, you could be in Canada. :rolleyes:

 

Canada freezes as snow storm strands thousands

 

People in the north-central part of the Canadian province of Ontario are digging out after one of the worst snow storms on record.

Aussie News

 

It is brutal here in Saskatchewan. With the wind chill it's like 50 below or close to it. And my Jags just suck. They should just move to LA and get it over with. I need to change my avatar to the Vikings or Chargers or something. Not having a good day at all. Hopefully these yen crosses are good to me tonight. I'm thinking Euro yen got some more downside coming . . .

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...