Stocks Dive 208 on Credit Problems

[bsrsharma]

Don’t they all already do that sort of thing? Hold stuff for a while till you get money (I haven’t used it, so I don’t know)

[PerryChase]

rb_engineer, a recession is staring us in the face. The warning signs are here. I guess you won’t accept it until it’s here.

Combine a liquidity squeeze with a recession and you get house prices falling like a rock.

——–

I don’t that Walmart does layaways anymore. I think they used to do that when not everyone had a credit card.

——–

I don’t think that the plunge protection team is able to work its magic anymore.

[PerryChase]

rb_engineer, a recession is staring us in the face. The warning signs are here. I guess you won’t accept it until it’s here.

Combine a liquidity squeeze with a recession and you get house prices falling like a rock.

——–

I don’t that Walmart does layaways anymore. I think they used to do that when not everyone had a credit card.

——–

I don’t think that the plunge protection team is able to work its magic anymore.

[PerryChase]

rb_engineer, a recession is staring us in the face. The warning signs are here. I guess you won’t accept it until it’s here.

Combine a liquidity squeeze with a recession and you get house prices falling like a rock.

——–

I don’t that Walmart does layaways anymore. I think they used to do that when not everyone had a credit card.

——–

I don’t think that the plunge protection team is able to work its magic anymore.

[Wiley]

We are just at the start of a full blown banking crisis. Theres a saying that everyone gets what they deserve.

[Wiley]

We are just at the start of a full blown banking crisis. Theres a saying that everyone gets what they deserve.

[Wiley]

We are just at the start of a full blown banking crisis. Theres a saying that everyone gets what they deserve.

[Ozzie]

A recession? Hmmmm, while the front page of the WSJ talked about subprime losses and how Wall St. and the rating agencies once again conspired to screw investors (by issuing high ratings to suspect CDO’s) you had to flip the page to read a small story that our trade gap narrowed in Q2 and that the economy expanded greater than previously thought for Q2 and will likley exceed most economists forecasts in Q3. As I have previously said, the subprime debacle is more to do with Wall St. fleecing investors once again than with homeowners defaulting on mortgages. Just as you saw stock anlaysts taken to the woodshed after the internet bubble broke you’ll see the boys at Moody’s and S&P take some lashes as well they should.

Sticking a positive story on the front page wouldn’t sell papers. Looks like Murdoch already has taken over the layout of the Journal.

[Ozzie]

A recession? Hmmmm, while the front page of the WSJ talked about subprime losses and how Wall St. and the rating agencies once again conspired to screw investors (by issuing high ratings to suspect CDO’s) you had to flip the page to read a small story that our trade gap narrowed in Q2 and that the economy expanded greater than previously thought for Q2 and will likley exceed most economists forecasts in Q3. As I have previously said, the subprime debacle is more to do with Wall St. fleecing investors once again than with homeowners defaulting on mortgages. Just as you saw stock anlaysts taken to the woodshed after the internet bubble broke you’ll see the boys at Moody’s and S&P take some lashes as well they should.

Sticking a positive story on the front page wouldn’t sell papers. Looks like Murdoch already has taken over the layout of the Journal.

[Ozzie]

A recession? Hmmmm, while the front page of the WSJ talked about subprime losses and how Wall St. and the rating agencies once again conspired to screw investors (by issuing high ratings to suspect CDO’s) you had to flip the page to read a small story that our trade gap narrowed in Q2 and that the economy expanded greater than previously thought for Q2 and will likley exceed most economists forecasts in Q3. As I have previously said, the subprime debacle is more to do with Wall St. fleecing investors once again than with homeowners defaulting on mortgages. Just as you saw stock anlaysts taken to the woodshed after the internet bubble broke you’ll see the boys at Moody’s and S&P take some lashes as well they should.

Sticking a positive story on the front page wouldn’t sell papers. Looks like Murdoch already has taken over the layout of the Journal.

[sdrealtor]

Toro! Toro!

[sdrealtor]

Toro! Toro!

[sdrealtor]

Toro! Toro!

[PerryChase]

Ozzie, why would the MBS ratings even be a problem if, as you claim, the homeowners are still paying their mortgages? And how then do you explain the record foreclosures?

Do you think that foreclosures will only be small ripple in the economy?

I don’t know about the rest of the country, but San Diego will definitely have a painful recession.

[PerryChase]

Ozzie, why would the MBS ratings even be a problem if, as you claim, the homeowners are still paying their mortgages? And how then do you explain the record foreclosures?

Do you think that foreclosures will only be small ripple in the economy?

I don’t know about the rest of the country, but San Diego will definitely have a painful recession.

[Author]

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