Home › Forums › Financial Markets/Economics › Another day, another day of foreign ownership.
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December 19, 2007 at 8:43 AM #120600December 19, 2007 at 4:04 PM #120845bsrsharmaParticipant
Can anyone offer a simple explanation why all these Big Guys run to foreigners first in case of distress? Why can’t they try a domestic equity or convertible debt offering first before giving up. My guess is they don’t want to open their books far too widely (to SEC/SarbOx etc.,). I can only conclude that the skeleton in the cupboard is far too rotten; these big money center banks are all probably insolvent. These games are just to postpone the funeral.
December 19, 2007 at 4:04 PM #120982bsrsharmaParticipantCan anyone offer a simple explanation why all these Big Guys run to foreigners first in case of distress? Why can’t they try a domestic equity or convertible debt offering first before giving up. My guess is they don’t want to open their books far too widely (to SEC/SarbOx etc.,). I can only conclude that the skeleton in the cupboard is far too rotten; these big money center banks are all probably insolvent. These games are just to postpone the funeral.
December 19, 2007 at 4:04 PM #121015bsrsharmaParticipantCan anyone offer a simple explanation why all these Big Guys run to foreigners first in case of distress? Why can’t they try a domestic equity or convertible debt offering first before giving up. My guess is they don’t want to open their books far too widely (to SEC/SarbOx etc.,). I can only conclude that the skeleton in the cupboard is far too rotten; these big money center banks are all probably insolvent. These games are just to postpone the funeral.
December 19, 2007 at 4:04 PM #121063bsrsharmaParticipantCan anyone offer a simple explanation why all these Big Guys run to foreigners first in case of distress? Why can’t they try a domestic equity or convertible debt offering first before giving up. My guess is they don’t want to open their books far too widely (to SEC/SarbOx etc.,). I can only conclude that the skeleton in the cupboard is far too rotten; these big money center banks are all probably insolvent. These games are just to postpone the funeral.
December 19, 2007 at 4:04 PM #121086bsrsharmaParticipantCan anyone offer a simple explanation why all these Big Guys run to foreigners first in case of distress? Why can’t they try a domestic equity or convertible debt offering first before giving up. My guess is they don’t want to open their books far too widely (to SEC/SarbOx etc.,). I can only conclude that the skeleton in the cupboard is far too rotten; these big money center banks are all probably insolvent. These games are just to postpone the funeral.
December 19, 2007 at 6:20 PM #120981gold_dredger_phdParticipantPeople in this country would rather drive late model cars and mortgage their future than save any money. Hence, there is no domestic source of money for investment. People are too interested in buying crap to impress others.
How are these idiots going to afford to retire? The government can’t print itself out of that mess, no matter how much the boomers scream about not being able to afford gourmet cat food. No fancy feast for you, Ms. Geezer. You bought granite countertops and a BMW when you were 45. Where’s your money?
December 19, 2007 at 6:20 PM #121117gold_dredger_phdParticipantPeople in this country would rather drive late model cars and mortgage their future than save any money. Hence, there is no domestic source of money for investment. People are too interested in buying crap to impress others.
How are these idiots going to afford to retire? The government can’t print itself out of that mess, no matter how much the boomers scream about not being able to afford gourmet cat food. No fancy feast for you, Ms. Geezer. You bought granite countertops and a BMW when you were 45. Where’s your money?
December 19, 2007 at 6:20 PM #121150gold_dredger_phdParticipantPeople in this country would rather drive late model cars and mortgage their future than save any money. Hence, there is no domestic source of money for investment. People are too interested in buying crap to impress others.
How are these idiots going to afford to retire? The government can’t print itself out of that mess, no matter how much the boomers scream about not being able to afford gourmet cat food. No fancy feast for you, Ms. Geezer. You bought granite countertops and a BMW when you were 45. Where’s your money?
December 19, 2007 at 6:20 PM #121198gold_dredger_phdParticipantPeople in this country would rather drive late model cars and mortgage their future than save any money. Hence, there is no domestic source of money for investment. People are too interested in buying crap to impress others.
How are these idiots going to afford to retire? The government can’t print itself out of that mess, no matter how much the boomers scream about not being able to afford gourmet cat food. No fancy feast for you, Ms. Geezer. You bought granite countertops and a BMW when you were 45. Where’s your money?
December 19, 2007 at 6:20 PM #121221gold_dredger_phdParticipantPeople in this country would rather drive late model cars and mortgage their future than save any money. Hence, there is no domestic source of money for investment. People are too interested in buying crap to impress others.
How are these idiots going to afford to retire? The government can’t print itself out of that mess, no matter how much the boomers scream about not being able to afford gourmet cat food. No fancy feast for you, Ms. Geezer. You bought granite countertops and a BMW when you were 45. Where’s your money?
December 19, 2007 at 7:43 PM #121331equalizerParticipantOn the NBR on PBS, Bob Hormats from GS said the same thing, that Americans dont save and the foriegners save. “We need 3Billion dollars from foreigners every day. Host: 3 Billions shortfall, Bob: That’s 3Billion every day!”
December 19, 2007 at 7:43 PM #121309equalizerParticipantOn the NBR on PBS, Bob Hormats from GS said the same thing, that Americans dont save and the foriegners save. “We need 3Billion dollars from foreigners every day. Host: 3 Billions shortfall, Bob: That’s 3Billion every day!”
December 19, 2007 at 7:43 PM #121259equalizerParticipantOn the NBR on PBS, Bob Hormats from GS said the same thing, that Americans dont save and the foriegners save. “We need 3Billion dollars from foreigners every day. Host: 3 Billions shortfall, Bob: That’s 3Billion every day!”
December 19, 2007 at 7:43 PM #121227equalizerParticipantOn the NBR on PBS, Bob Hormats from GS said the same thing, that Americans dont save and the foriegners save. “We need 3Billion dollars from foreigners every day. Host: 3 Billions shortfall, Bob: That’s 3Billion every day!”
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