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davelj
ParticipantMore smoke and mirrors. No one wants to accept the fact that these assets simply aren’t worth what everyone wants to will them to be worth. Putting them in the Entity’s hands won’t change a thing. Anyone who wants to buy this crap will still need to finance it and no one has capital to lend for this sort of crap.
My prediction: More smoke and mirrors to follow once people see through this silly ploy. And so on and so on and so on…
davelj
ParticipantMore smoke and mirrors. No one wants to accept the fact that these assets simply aren’t worth what everyone wants to will them to be worth. Putting them in the Entity’s hands won’t change a thing. Anyone who wants to buy this crap will still need to finance it and no one has capital to lend for this sort of crap.
My prediction: More smoke and mirrors to follow once people see through this silly ploy. And so on and so on and so on…
davelj
ParticipantMore smoke and mirrors. No one wants to accept the fact that these assets simply aren’t worth what everyone wants to will them to be worth. Putting them in the Entity’s hands won’t change a thing. Anyone who wants to buy this crap will still need to finance it and no one has capital to lend for this sort of crap.
My prediction: More smoke and mirrors to follow once people see through this silly ploy. And so on and so on and so on…
September 18, 2008 at 8:59 AM in reply to: Dick Fuld sends email from spiderhole/ Who is to blame for this mess? #271985davelj
ParticipantGreenspan, et al 40%
Greedy Idiotic Sheeple 25%
Regulatory Bodies 20%
Wall Street 15%I put Wall Street fourth on the list because Wall Street must be enabled by the first three in order to get itself into the trouble in which it finds itself.
September 18, 2008 at 8:59 AM in reply to: Dick Fuld sends email from spiderhole/ Who is to blame for this mess? #272224davelj
ParticipantGreenspan, et al 40%
Greedy Idiotic Sheeple 25%
Regulatory Bodies 20%
Wall Street 15%I put Wall Street fourth on the list because Wall Street must be enabled by the first three in order to get itself into the trouble in which it finds itself.
September 18, 2008 at 8:59 AM in reply to: Dick Fuld sends email from spiderhole/ Who is to blame for this mess? #272232davelj
ParticipantGreenspan, et al 40%
Greedy Idiotic Sheeple 25%
Regulatory Bodies 20%
Wall Street 15%I put Wall Street fourth on the list because Wall Street must be enabled by the first three in order to get itself into the trouble in which it finds itself.
September 18, 2008 at 8:59 AM in reply to: Dick Fuld sends email from spiderhole/ Who is to blame for this mess? #272273davelj
ParticipantGreenspan, et al 40%
Greedy Idiotic Sheeple 25%
Regulatory Bodies 20%
Wall Street 15%I put Wall Street fourth on the list because Wall Street must be enabled by the first three in order to get itself into the trouble in which it finds itself.
September 18, 2008 at 8:59 AM in reply to: Dick Fuld sends email from spiderhole/ Who is to blame for this mess? #272296davelj
ParticipantGreenspan, et al 40%
Greedy Idiotic Sheeple 25%
Regulatory Bodies 20%
Wall Street 15%I put Wall Street fourth on the list because Wall Street must be enabled by the first three in order to get itself into the trouble in which it finds itself.
davelj
ParticipantWhat happened to that fuckstick James Glassman who wrote “Dow 36,000” back in 2000 (right before “Dow Shits On My IRA”)? Can’t we let him out of the asylum for a while to do some marketing? What we really need right now is some totally bogus financial theory taken to its illogical extreme to prop these stock markets up. Man, that would be awesome.
davelj
ParticipantWhat happened to that fuckstick James Glassman who wrote “Dow 36,000” back in 2000 (right before “Dow Shits On My IRA”)? Can’t we let him out of the asylum for a while to do some marketing? What we really need right now is some totally bogus financial theory taken to its illogical extreme to prop these stock markets up. Man, that would be awesome.
davelj
ParticipantWhat happened to that fuckstick James Glassman who wrote “Dow 36,000” back in 2000 (right before “Dow Shits On My IRA”)? Can’t we let him out of the asylum for a while to do some marketing? What we really need right now is some totally bogus financial theory taken to its illogical extreme to prop these stock markets up. Man, that would be awesome.
davelj
ParticipantWhat happened to that fuckstick James Glassman who wrote “Dow 36,000” back in 2000 (right before “Dow Shits On My IRA”)? Can’t we let him out of the asylum for a while to do some marketing? What we really need right now is some totally bogus financial theory taken to its illogical extreme to prop these stock markets up. Man, that would be awesome.
davelj
ParticipantWhat happened to that fuckstick James Glassman who wrote “Dow 36,000” back in 2000 (right before “Dow Shits On My IRA”)? Can’t we let him out of the asylum for a while to do some marketing? What we really need right now is some totally bogus financial theory taken to its illogical extreme to prop these stock markets up. Man, that would be awesome.
davelj
ParticipantI think Russia’s markets were actually closed for a day or two. We should try that… oh wait, we already tried that with investment bank asset sales to avoid price discovery… that’s worked out pretty well.
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