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enron_by_the_sea
ParticipantThis thread has now reached the rock bottom
September 2, 2012 at 12:03 PM in reply to: Matt Taibbi | Greed and Debt: The True Story of Romney and Bain Capital #751053enron_by_the_sea
Participant[quote=davelj]
I think Romney’s kind of a d-bag, but… let’s recall that this particular *bailout* by the FDIC is really a bailout by… the banking industry itself, as it’s the banks that pay a portion of their profits (based on total deposits) to the FDIC to capitalize the insurance fund. So, while I agree that Romney’s maneuverings here are sleazy… I’m curious as to why folks care about how the 1% go about screwing each other – here Romney simply outfoxed his Banksters [/quote]
Isn’t FDIC back stopped by Us taxpayers? Doesn’t markets treat FDIC like the arm of the federal govt.? Doesn’t govt./congress appoint FDIC members?
Saying FDIC is separate from taxpayers is about as true as saying that Fannie and Freddie were separate from taxpayers!
enron_by_the_sea
ParticipantDinesh D’Souza should be commended for having achieved “success” by catering to a huge under-served market of Americans who yearn for an ultimate proof that Obama is communist.
August 31, 2012 at 7:24 AM in reply to: Matt Taibbi | Greed and Debt: The True Story of Romney and Bain Capital #750983enron_by_the_sea
ParticipantTriplicate
August 31, 2012 at 7:23 AM in reply to: Matt Taibbi | Greed and Debt: The True Story of Romney and Bain Capital #750982enron_by_the_sea
ParticipantDuplicate
August 31, 2012 at 7:22 AM in reply to: Matt Taibbi | Greed and Debt: The True Story of Romney and Bain Capital #750981enron_by_the_sea
ParticipantHow dare you you question “success” Arraya? America was “built” by “success” of businessmen and people come from all over the world here because of our system that rewards success. You should just work harder and accept personal responsibility for your lack of “success” rather than asking questions about ” success” of another great american who should be either be saint or should be given even more tax breaks for his “success”!
enron_by_the_sea
Participant[quote=Veritas]
Not true: “Regarding the Republican Party, historians report that while Democrats were busy passing laws to hurt blacks, Republicans devoted their time to passing laws to help blacks. [/quote]
You failed to mention that all those democrats have now become republicans all those republicans from the past have left GOP so in some sense today’s GOP is polar opposite from the party of Lincoln and should really stop using that …
The people like Storm Thurmond were Democrats before they switched to GOP
enron_by_the_sea
Participant[quote=ninaprincess] Already gained about 10%. I might buy FB when it is around $10 after the lockup period in November.[/quote]
Your guide to FB lockup expiration dates
credit: http://blogs.wsj.com/marketbeat/2012/08/17/morning-links-facebooks-painful-fall/
And also this: http://www.businessweek.com/articles/2012-08-22/explaining-facebooks-epically-complex-stock-lockup
[quote]
Aug. 16: Original investors aside from Mark Zuckerberg were allowed to start trading 271 million shares.Oct. 16 to Nov. 14: Directors and employees can start selling some stock and options that could total 247 million shares.
Nov. 14: The Big Kahuna. Almost 1.2 billion in shares become available, plus for the first time Zuckerberg will be allowed to trade 60 million shares.
Dec. 14: Another 149.43 million shares are free to trade.
May 18, 2013: Facebook investors Mail.Ru Group and Digital Sky Technologies will be able to trade their remaining 47.32 million shares.
[/quote]enron_by_the_sea
ParticipantI must say after glancing at balance sheet and cash flow statement of GM that I don’t see how GM can go bankrupt again like this article alleges – barring a severe downturn in the economy.
In fact, this article talks mostly about troubles of GM in “D” car segments. It absolutely does not lay out any argument about how those troubles will translate into bankruptcy in the next few years. There is no mention about how much GM owes to whom and on what schedule or how its cashflow will get impacted due to its trouble in “D-segment” etc. Those are absolutely the minimum requirements for any half serious bankruptcy-101 type of argument.
So it appears that the author uses word “bankruptcy” mainly just sensationalize his otherwise bland article…
enron_by_the_sea
Participant[quote=andrius3d] I have been following him for years and have been waiting to make the move to EuroPacific to preserve my wealth
[/quote]Do you know anyone whose wealth has been “preserved” by listening to Peter Schiff?
Sure he said buy gold and that seems to be working out. But he also asked to buy & sell many other things which didn’t work out.
enron_by_the_sea
Participant[quote=andrius3d] I’m considering leaving my Merrill Lynch account and investing in EuroPacific.[/quote]
Has Euro pacific beat a balanced fund (e.g. VBINX) over a period of say 1-year(14.27% pa), 3-year(11.44% pa), 5-year(4.49% pa), 10-year (6.76% pa)?
enron_by_the_sea
ParticipantThe rumor is that Intel is (re)coming to San Diego. So MMI employees need not worry!
enron_by_the_sea
ParticipantTime to N-tuplate down (N=20?)
enron_by_the_sea
Participant[quote=SK in CV]A little perspective is probably in order here. The largest company (by market value) in the world, just reported sales and earnings more than 20% higher than the previous year. It’s net income for the last 4 quarters is in the neighborhood of $8 billion, which will probably keep it in second place in the list of most profitable companies. It’s more than double the size of it’s nearest competitor in it’s sector in both market value and profit.
[/quote]
What many Apple investors who just look at these stellar numbers in isolation miss, is the fact that those great revenue/profits/margins are in large part the result of a gift from AT&T/Verizon/Sprint; which will not keep giving forever …
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