HNCadet Posted August 24, 2011 Report Share Posted August 24, 2011 Personally I hope the Jersey shore get's destroyed so I can get a "Hurricane Special" fixer upper -- but that's just me Hopefully that will flush out the filthy scumbags from NY that have taken over the place AMEN! I'd like to buy my uncle's old bar back in Seaside Heights...............made a great living only working 3 months out of the year! Link to comment Share on other sites More sharing options...
DrStool Posted August 24, 2011 Report Share Posted August 24, 2011 Precious Metals Update and Price Projections 8/24/11 Link to comment Share on other sites More sharing options...
Drano Posted August 24, 2011 Report Share Posted August 24, 2011 I've been wanting to make this for years, and finally took the time tonight to do it. I posted it in the after market forum, but I don't want it to go wasted and unnoticed, so I'm posting it again here. Presenting... The TJ Taunt-o-Meter: Love ya, TJ! and I repeat my comment from last night: brilliant Link to comment Share on other sites More sharing options...
Jorma Posted August 24, 2011 Report Share Posted August 24, 2011 this is really cool - don't know the long term impact but i love to see banksters squirm http://www.ritholtz.com/blog/2011/08/mass-bankruptcy-judge-voids-foreclosure-of-mers-mortgage/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29 Judge: Lenders Can’t Have Their MERS Cake And Eat It Too Critically, as the judge noted, the PSA provided that for a MERS mortgage such as this, assignments of mortgages did not have to be prepared or delivered to the buyer of the loans. As is endemic with most securitized mortgages, the participants in the securitization did not deliver and record any assignments documenting such transfers, instead, relying on the internal MERS registration system. Throwing this provision back in the lenders’ faces, the judge basically thumbed his nose at the entire securitization industry saying “you can’t have your cake and eat it too” — rendering his bomb-shell ruling that the mortgage itself (as opposed to the underlying loan) was never transferred through the securitization system from entity A, B, C, to Deutsche Bank, and that MERS had always held, and never relinquished, “legal title” to the mortgage. Accordingly, the judge held, Deutsche Bank was never the owner of the mortgage in the first place, could not foreclose in its name, and its foreclosure sale was null and void I don't know how this fits in with the settlement they are trying to make, That is between state AG's and mortgage holders and servicers but I don't quite get what that has to do with civil cases. The AG's can promise no criminal cases but they can't stop these rulings in foreclosure cases. To boot this is in Federal court, somehow. This stuff is going to drag on for years. Link to comment Share on other sites More sharing options...
K Wave Rider Posted August 24, 2011 Report Share Posted August 24, 2011 Crude havin' a tough time with 86...if it cant push thru soon, whole nuther down leg may be looming... Link to comment Share on other sites More sharing options...
DrStool Posted August 24, 2011 Report Share Posted August 24, 2011 $spx 3 day cycle projection now looks 1170. New 2 day cycle projection looks about the same. Link to comment Share on other sites More sharing options...
Bungster Posted August 24, 2011 Report Share Posted August 24, 2011 Holy crap...I just saw an animal more rare than the Yetti! It's a DRANO sighting! Link to comment Share on other sites More sharing options...
DrStool Posted August 24, 2011 Report Share Posted August 24, 2011 $spx 3 day cycle projection moves up to 1180. Link to comment Share on other sites More sharing options...
specie Posted August 24, 2011 Report Share Posted August 24, 2011 appears that bennie is gonna give 'em what they want and revalue gold on the fed's balance sheet Link to comment Share on other sites More sharing options...
hokahay Posted August 24, 2011 Report Share Posted August 24, 2011 I know this topic is a Stoolie favorite and has special meaning to Doc. I hope its not old news. Philly cheesesteak shop owner who told customers to order in English dies http://www.cnn.com/2011/US/08/24/pennsylvania.cheesesteak.owner/ Link to comment Share on other sites More sharing options...
DrStool Posted August 24, 2011 Report Share Posted August 24, 2011 Durables orders down 11.8% m/m not seasonally massaged. Better than 2010's -12.8% but worse than 2009 -7.9%. Up 9.1% y/y. Link to comment Share on other sites More sharing options...
K Wave Rider Posted August 24, 2011 Report Share Posted August 24, 2011 Gold appears to finally be feeling the effects of frontrunner Swiss... Link to comment Share on other sites More sharing options...
DrStool Posted August 24, 2011 Report Share Posted August 24, 2011 I know this topic is a Stoolie favorite and has special meaning to Doc. I hope its not old news. Philly cheesesteak shop owner who told customers to order in English dies http://www.cnn.com/2...esesteak.owner/ Joey musta ate 1 too many of his own cheesesteaks. They're not bad, but I prefer Pat's, and neither can lay a hand on Jim's at 4th and South. Link to comment Share on other sites More sharing options...
DrStool Posted August 24, 2011 Report Share Posted August 24, 2011 I know this topic is a Stoolie favorite and has special meaning to Doc. I hope its not old news. Philly cheesesteak shop owner who told customers to order in English dies http://www.cnn.com/2...esesteak.owner/ As soon as that news hit the tape, the market turned. Link to comment Share on other sites More sharing options...
K Wave Rider Posted August 24, 2011 Report Share Posted August 24, 2011 appears that bennie is gonna give 'em what they want and revalue gold on the fed's balance sheet $42.22 is a bit unrealistic, wouldn't you say? Link to comment Share on other sites More sharing options...
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