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4plexowner
Participanthere’s one for you davelj
with your extensive knowledge of how the financial system works (yes, I’m being sarcastic), what do you have to say about an electronic run on the money market system in mid-September, 2008?
see this video interview of Representative Paul Kanjorski – about 2:10 minutes in he says that $550 billion was withdrawn in an hour or two
http://www.youtube.com/watch?v=-xKPcyvlfnc
for you to believe that the banking / financial system is still operating the way it did back in RTC days is amusing on the one hand and frightening on the other – you are an insider and should know better than that IMO
4plexowner
Participanthere’s one for you davelj
with your extensive knowledge of how the financial system works (yes, I’m being sarcastic), what do you have to say about an electronic run on the money market system in mid-September, 2008?
see this video interview of Representative Paul Kanjorski – about 2:10 minutes in he says that $550 billion was withdrawn in an hour or two
http://www.youtube.com/watch?v=-xKPcyvlfnc
for you to believe that the banking / financial system is still operating the way it did back in RTC days is amusing on the one hand and frightening on the other – you are an insider and should know better than that IMO
4plexowner
Participanthere’s one for you davelj
with your extensive knowledge of how the financial system works (yes, I’m being sarcastic), what do you have to say about an electronic run on the money market system in mid-September, 2008?
see this video interview of Representative Paul Kanjorski – about 2:10 minutes in he says that $550 billion was withdrawn in an hour or two
http://www.youtube.com/watch?v=-xKPcyvlfnc
for you to believe that the banking / financial system is still operating the way it did back in RTC days is amusing on the one hand and frightening on the other – you are an insider and should know better than that IMO
4plexowner
Participanthere’s one for you davelj
with your extensive knowledge of how the financial system works (yes, I’m being sarcastic), what do you have to say about an electronic run on the money market system in mid-September, 2008?
see this video interview of Representative Paul Kanjorski – about 2:10 minutes in he says that $550 billion was withdrawn in an hour or two
http://www.youtube.com/watch?v=-xKPcyvlfnc
for you to believe that the banking / financial system is still operating the way it did back in RTC days is amusing on the one hand and frightening on the other – you are an insider and should know better than that IMO
4plexowner
ParticipantDow closed on its November low today
Time to buy some more stocks?
Davelj – you are basing your post on past performance and, as a banker, you should know that past performance is not a guarantee of future performance – in case you haven’t noticed, we are living in unprecedented times – when I first posted that Fannie and Freddie would be nationalized very few people believed that either – if the Fed / Treasury prints enough money to make FDIC and SIPC good for all losses, what will the purchasing power of their guarantees be worth? – and, I don’t care whether anyone believes what I post or not – I find it fairly amusing that people have the opportunity to protect themselves financially but instead choose to enjoy their river front properties on the river denial
4plexowner
ParticipantDow closed on its November low today
Time to buy some more stocks?
Davelj – you are basing your post on past performance and, as a banker, you should know that past performance is not a guarantee of future performance – in case you haven’t noticed, we are living in unprecedented times – when I first posted that Fannie and Freddie would be nationalized very few people believed that either – if the Fed / Treasury prints enough money to make FDIC and SIPC good for all losses, what will the purchasing power of their guarantees be worth? – and, I don’t care whether anyone believes what I post or not – I find it fairly amusing that people have the opportunity to protect themselves financially but instead choose to enjoy their river front properties on the river denial
4plexowner
ParticipantDow closed on its November low today
Time to buy some more stocks?
Davelj – you are basing your post on past performance and, as a banker, you should know that past performance is not a guarantee of future performance – in case you haven’t noticed, we are living in unprecedented times – when I first posted that Fannie and Freddie would be nationalized very few people believed that either – if the Fed / Treasury prints enough money to make FDIC and SIPC good for all losses, what will the purchasing power of their guarantees be worth? – and, I don’t care whether anyone believes what I post or not – I find it fairly amusing that people have the opportunity to protect themselves financially but instead choose to enjoy their river front properties on the river denial
4plexowner
ParticipantDow closed on its November low today
Time to buy some more stocks?
Davelj – you are basing your post on past performance and, as a banker, you should know that past performance is not a guarantee of future performance – in case you haven’t noticed, we are living in unprecedented times – when I first posted that Fannie and Freddie would be nationalized very few people believed that either – if the Fed / Treasury prints enough money to make FDIC and SIPC good for all losses, what will the purchasing power of their guarantees be worth? – and, I don’t care whether anyone believes what I post or not – I find it fairly amusing that people have the opportunity to protect themselves financially but instead choose to enjoy their river front properties on the river denial
4plexowner
ParticipantDow closed on its November low today
Time to buy some more stocks?
Davelj – you are basing your post on past performance and, as a banker, you should know that past performance is not a guarantee of future performance – in case you haven’t noticed, we are living in unprecedented times – when I first posted that Fannie and Freddie would be nationalized very few people believed that either – if the Fed / Treasury prints enough money to make FDIC and SIPC good for all losses, what will the purchasing power of their guarantees be worth? – and, I don’t care whether anyone believes what I post or not – I find it fairly amusing that people have the opportunity to protect themselves financially but instead choose to enjoy their river front properties on the river denial
4plexowner
ParticipantReal Estate Sucks!!!
It is a depreciating asset that constantly needs work
Historically, it is one of the best ways of creating wealth but the actual ownership, management and maintenance sucks
Now a tasty fried cockroach, that’s a different story – I like my blackened, cajun style!
4plexowner
ParticipantReal Estate Sucks!!!
It is a depreciating asset that constantly needs work
Historically, it is one of the best ways of creating wealth but the actual ownership, management and maintenance sucks
Now a tasty fried cockroach, that’s a different story – I like my blackened, cajun style!
4plexowner
ParticipantReal Estate Sucks!!!
It is a depreciating asset that constantly needs work
Historically, it is one of the best ways of creating wealth but the actual ownership, management and maintenance sucks
Now a tasty fried cockroach, that’s a different story – I like my blackened, cajun style!
4plexowner
ParticipantReal Estate Sucks!!!
It is a depreciating asset that constantly needs work
Historically, it is one of the best ways of creating wealth but the actual ownership, management and maintenance sucks
Now a tasty fried cockroach, that’s a different story – I like my blackened, cajun style!
4plexowner
ParticipantReal Estate Sucks!!!
It is a depreciating asset that constantly needs work
Historically, it is one of the best ways of creating wealth but the actual ownership, management and maintenance sucks
Now a tasty fried cockroach, that’s a different story – I like my blackened, cajun style!
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