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September 29, 2008 at 10:10 AM in reply to: Roubini on the current economic situation, with predictions #277308September 29, 2008 at 10:10 AM in reply to: Roubini on the current economic situation, with predictions #277340
cr
ParticipantStocks- is it possible to upload the mp3 file on these forums?
September 29, 2008 at 10:10 AM in reply to: Roubini on the current economic situation, with predictions #277354cr
ParticipantStocks- is it possible to upload the mp3 file on these forums?
cr
ParticipantI got this same response.
The difference between democrats and republicans is non-existant anymore.
Politicians now are either corrupt or not, and from either side of the aisle.
I’m insulted by this threat of economic meltdown if we “fail to act”. These people let it get to this, and now they threaten us with more lies?
Sadly all we can really do is voice our opinion and hope some form of it actually makes it to our “representatives” or vote against anyone who supports the bailout.
cr
ParticipantI got this same response.
The difference between democrats and republicans is non-existant anymore.
Politicians now are either corrupt or not, and from either side of the aisle.
I’m insulted by this threat of economic meltdown if we “fail to act”. These people let it get to this, and now they threaten us with more lies?
Sadly all we can really do is voice our opinion and hope some form of it actually makes it to our “representatives” or vote against anyone who supports the bailout.
cr
ParticipantI got this same response.
The difference between democrats and republicans is non-existant anymore.
Politicians now are either corrupt or not, and from either side of the aisle.
I’m insulted by this threat of economic meltdown if we “fail to act”. These people let it get to this, and now they threaten us with more lies?
Sadly all we can really do is voice our opinion and hope some form of it actually makes it to our “representatives” or vote against anyone who supports the bailout.
cr
ParticipantI got this same response.
The difference between democrats and republicans is non-existant anymore.
Politicians now are either corrupt or not, and from either side of the aisle.
I’m insulted by this threat of economic meltdown if we “fail to act”. These people let it get to this, and now they threaten us with more lies?
Sadly all we can really do is voice our opinion and hope some form of it actually makes it to our “representatives” or vote against anyone who supports the bailout.
cr
ParticipantI got this same response.
The difference between democrats and republicans is non-existant anymore.
Politicians now are either corrupt or not, and from either side of the aisle.
I’m insulted by this threat of economic meltdown if we “fail to act”. These people let it get to this, and now they threaten us with more lies?
Sadly all we can really do is voice our opinion and hope some form of it actually makes it to our “representatives” or vote against anyone who supports the bailout.
cr
ParticipantMaybe the Fed funded the acquisition of WaMu too, only this time they’re keeping it under wraps. Here’s my theory:
– News sites say JPM paid $1.9 Billion and that WM had $307 Billion in assets.
– $125B for $307B in questionable assets, though certainly not all bad, for $0.40 on the dollar
– JPM fronts 1.5% of their own to close the deal
It’s a stretch but a bigger mistake would be for the Hanky-Franky-Bernanke party to stir up so much fear that the rest of the country actually does panic.
cr
ParticipantMaybe the Fed funded the acquisition of WaMu too, only this time they’re keeping it under wraps. Here’s my theory:
– News sites say JPM paid $1.9 Billion and that WM had $307 Billion in assets.
– $125B for $307B in questionable assets, though certainly not all bad, for $0.40 on the dollar
– JPM fronts 1.5% of their own to close the deal
It’s a stretch but a bigger mistake would be for the Hanky-Franky-Bernanke party to stir up so much fear that the rest of the country actually does panic.
cr
ParticipantMaybe the Fed funded the acquisition of WaMu too, only this time they’re keeping it under wraps. Here’s my theory:
– News sites say JPM paid $1.9 Billion and that WM had $307 Billion in assets.
– $125B for $307B in questionable assets, though certainly not all bad, for $0.40 on the dollar
– JPM fronts 1.5% of their own to close the deal
It’s a stretch but a bigger mistake would be for the Hanky-Franky-Bernanke party to stir up so much fear that the rest of the country actually does panic.
cr
ParticipantMaybe the Fed funded the acquisition of WaMu too, only this time they’re keeping it under wraps. Here’s my theory:
– News sites say JPM paid $1.9 Billion and that WM had $307 Billion in assets.
– $125B for $307B in questionable assets, though certainly not all bad, for $0.40 on the dollar
– JPM fronts 1.5% of their own to close the deal
It’s a stretch but a bigger mistake would be for the Hanky-Franky-Bernanke party to stir up so much fear that the rest of the country actually does panic.
cr
ParticipantMaybe the Fed funded the acquisition of WaMu too, only this time they’re keeping it under wraps. Here’s my theory:
– News sites say JPM paid $1.9 Billion and that WM had $307 Billion in assets.
– $125B for $307B in questionable assets, though certainly not all bad, for $0.40 on the dollar
– JPM fronts 1.5% of their own to close the deal
It’s a stretch but a bigger mistake would be for the Hanky-Franky-Bernanke party to stir up so much fear that the rest of the country actually does panic.
cr
ParticipantMaybe the Fed funded the acquisition of WaMu too, only this time they’re keeping it under wraps. Here’s my theory:
– News sites say JPM paid $1.9 Billion and that WM had $307 Billion in assets.
– $125B for $307B in questionable assets, though certainly not all bad, for $0.40 on the dollar
– JPM fronts 1.5% of their own to close the deal
It’s a stretch but a bigger mistake would be for the Hanky-Franky-Bernanke party to stir up so much fear that the rest of the country actually does panic.
September 25, 2008 at 1:03 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275242cr
Participant[quote=The author]”While sales appear to have turned the corner…[/quote]
Though he goes on to say why prices will continue to decline I don’t agree that we’ve even turned the corner yet.
Sales have only picked up because the prices dropped. Most them are REOs, and some were bought by people defaulting on their former property, down-sizing to something affordable and claiming rental income on the previous house before the foreclosure process starts.
Not exactly signs of a turn-around IMO.
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