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July 15, 2008 at 4:19 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #240059July 15, 2008 at 2:10 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239757
bsrsharma
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
As for the Rioting in L.A., it is so ridiculous. You would think such things happen in a 3rd world country. How anyone with reasonable intelligence wouldn’t know how to do a bank transfer on internet puzzles me. Also, the media have been shouting about IndyMac’s threadbare finances for at least a few weeks. Why did the more loaded depositors not transfer funds earlier? Overall, a poor portrayal of citizenry.
July 15, 2008 at 2:10 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239896bsrsharma
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
As for the Rioting in L.A., it is so ridiculous. You would think such things happen in a 3rd world country. How anyone with reasonable intelligence wouldn’t know how to do a bank transfer on internet puzzles me. Also, the media have been shouting about IndyMac’s threadbare finances for at least a few weeks. Why did the more loaded depositors not transfer funds earlier? Overall, a poor portrayal of citizenry.
July 15, 2008 at 2:10 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239900bsrsharma
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
As for the Rioting in L.A., it is so ridiculous. You would think such things happen in a 3rd world country. How anyone with reasonable intelligence wouldn’t know how to do a bank transfer on internet puzzles me. Also, the media have been shouting about IndyMac’s threadbare finances for at least a few weeks. Why did the more loaded depositors not transfer funds earlier? Overall, a poor portrayal of citizenry.
July 15, 2008 at 2:10 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239956bsrsharma
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
As for the Rioting in L.A., it is so ridiculous. You would think such things happen in a 3rd world country. How anyone with reasonable intelligence wouldn’t know how to do a bank transfer on internet puzzles me. Also, the media have been shouting about IndyMac’s threadbare finances for at least a few weeks. Why did the more loaded depositors not transfer funds earlier? Overall, a poor portrayal of citizenry.
July 15, 2008 at 2:10 PM in reply to: SEC limiting short sale of Fannie/Freddie + Tempers flare at IndyMac Bank #239958bsrsharma
ParticipantI think SEC limit on Naked Shorting is good for stability in these uncertain times. Remember, they are not stopping regular (i.e. covered or borrowed) shorting; only highly speculative uncovered shorting that can destabilize the system by setting up negative feedback loops.
As for the Rioting in L.A., it is so ridiculous. You would think such things happen in a 3rd world country. How anyone with reasonable intelligence wouldn’t know how to do a bank transfer on internet puzzles me. Also, the media have been shouting about IndyMac’s threadbare finances for at least a few weeks. Why did the more loaded depositors not transfer funds earlier? Overall, a poor portrayal of citizenry.
bsrsharma
ParticipantWachovia is way more in trouble than WaMu
NEW YORK (AP) — The situation is increasingly bleak for Wachovia Corp. and the bank’s mortgage portfolio will continue to lose value, “seriously jeopardizing” the company’s ability to generate earnings, an influential analyst warned on Tuesday….
bsrsharma
ParticipantWachovia is way more in trouble than WaMu
NEW YORK (AP) — The situation is increasingly bleak for Wachovia Corp. and the bank’s mortgage portfolio will continue to lose value, “seriously jeopardizing” the company’s ability to generate earnings, an influential analyst warned on Tuesday….
bsrsharma
ParticipantWachovia is way more in trouble than WaMu
NEW YORK (AP) — The situation is increasingly bleak for Wachovia Corp. and the bank’s mortgage portfolio will continue to lose value, “seriously jeopardizing” the company’s ability to generate earnings, an influential analyst warned on Tuesday….
bsrsharma
ParticipantWachovia is way more in trouble than WaMu
NEW YORK (AP) — The situation is increasingly bleak for Wachovia Corp. and the bank’s mortgage portfolio will continue to lose value, “seriously jeopardizing” the company’s ability to generate earnings, an influential analyst warned on Tuesday….
bsrsharma
ParticipantWachovia is way more in trouble than WaMu
NEW YORK (AP) — The situation is increasingly bleak for Wachovia Corp. and the bank’s mortgage portfolio will continue to lose value, “seriously jeopardizing” the company’s ability to generate earnings, an influential analyst warned on Tuesday….
bsrsharma
ParticipantThere is no such thing; But if you insist, keep your money at City, BofA, JPMorgan, Wells. If these start going down, we will be on our way to become Zimbabwe. You should be afraid of food riots and shooting in the streets then, rather than worry about bank deposits!
The absolutely golden rule now is to split your funds into many 100K deposits. If you have done that, you can always sleep well.
bsrsharma
ParticipantThere is no such thing; But if you insist, keep your money at City, BofA, JPMorgan, Wells. If these start going down, we will be on our way to become Zimbabwe. You should be afraid of food riots and shooting in the streets then, rather than worry about bank deposits!
The absolutely golden rule now is to split your funds into many 100K deposits. If you have done that, you can always sleep well.
bsrsharma
ParticipantThere is no such thing; But if you insist, keep your money at City, BofA, JPMorgan, Wells. If these start going down, we will be on our way to become Zimbabwe. You should be afraid of food riots and shooting in the streets then, rather than worry about bank deposits!
The absolutely golden rule now is to split your funds into many 100K deposits. If you have done that, you can always sleep well.
bsrsharma
ParticipantThere is no such thing; But if you insist, keep your money at City, BofA, JPMorgan, Wells. If these start going down, we will be on our way to become Zimbabwe. You should be afraid of food riots and shooting in the streets then, rather than worry about bank deposits!
The absolutely golden rule now is to split your funds into many 100K deposits. If you have done that, you can always sleep well.
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