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April 11, 2009 at 10:00 AM in reply to: OT – Download everything now before Time Warner raises unlimited Internet to $150/month #379842April 10, 2009 at 12:50 PM in reply to: This is a great time to be in banking – Warren Buffett – 3 Billion in earnings for Q1 2009 #378891
patb
Participant[quote=Navydoc]Is it me, or doesn’t it seem particularly suspicious that Wells Fargo is reporting high earnings immediately after Mark-to-Market was suspended? I’m certainly not a financial wizard, but this sure smells like smoke and mirrors to me. Didn’t WFC buy up all of Wachoia’s crap mortgages?
[/quote]
DINGDINGDINGDING we have a winner.
M2M suspends and they have huge earnings.
If they were Mrking to market their credit card debt and their
CRE, they would be drowning in red ink.April 10, 2009 at 12:50 PM in reply to: This is a great time to be in banking – Warren Buffett – 3 Billion in earnings for Q1 2009 #379166Participant[quote=Navydoc]Is it me, or doesn’t it seem particularly suspicious that Wells Fargo is reporting high earnings immediately after Mark-to-Market was suspended? I’m certainly not a financial wizard, but this sure smells like smoke and mirrors to me. Didn’t WFC buy up all of Wachoia’s crap mortgages?
[/quote]
DINGDINGDINGDING we have a winner.
M2M suspends and they have huge earnings.
If they were Mrking to market their credit card debt and their
CRE, they would be drowning in red ink.April 10, 2009 at 12:50 PM in reply to: This is a great time to be in banking – Warren Buffett – 3 Billion in earnings for Q1 2009 #379348Participant[quote=Navydoc]Is it me, or doesn’t it seem particularly suspicious that Wells Fargo is reporting high earnings immediately after Mark-to-Market was suspended? I’m certainly not a financial wizard, but this sure smells like smoke and mirrors to me. Didn’t WFC buy up all of Wachoia’s crap mortgages?
[/quote]
DINGDINGDINGDING we have a winner.
M2M suspends and they have huge earnings.
If they were Mrking to market their credit card debt and their
CRE, they would be drowning in red ink.April 10, 2009 at 12:50 PM in reply to: This is a great time to be in banking – Warren Buffett – 3 Billion in earnings for Q1 2009 #379390Participant[quote=Navydoc]Is it me, or doesn’t it seem particularly suspicious that Wells Fargo is reporting high earnings immediately after Mark-to-Market was suspended? I’m certainly not a financial wizard, but this sure smells like smoke and mirrors to me. Didn’t WFC buy up all of Wachoia’s crap mortgages?
[/quote]
DINGDINGDINGDING we have a winner.
M2M suspends and they have huge earnings.
If they were Mrking to market their credit card debt and their
CRE, they would be drowning in red ink.April 10, 2009 at 12:50 PM in reply to: This is a great time to be in banking – Warren Buffett – 3 Billion in earnings for Q1 2009 #379517Participant[quote=Navydoc]Is it me, or doesn’t it seem particularly suspicious that Wells Fargo is reporting high earnings immediately after Mark-to-Market was suspended? I’m certainly not a financial wizard, but this sure smells like smoke and mirrors to me. Didn’t WFC buy up all of Wachoia’s crap mortgages?
[/quote]
DINGDINGDINGDING we have a winner.
M2M suspends and they have huge earnings.
If they were Mrking to market their credit card debt and their
CRE, they would be drowning in red ink.April 8, 2009 at 7:18 PM in reply to: HLS update: 105% REFI’s available now *NO mortgage insurance* FNMA #378240Participant105%? welcome to the bubble 2.0
April 8, 2009 at 7:18 PM in reply to: HLS update: 105% REFI’s available now *NO mortgage insurance* FNMA #378517Participant105%? welcome to the bubble 2.0
April 8, 2009 at 7:18 PM in reply to: HLS update: 105% REFI’s available now *NO mortgage insurance* FNMA #378698Participant105%? welcome to the bubble 2.0
April 8, 2009 at 7:18 PM in reply to: HLS update: 105% REFI’s available now *NO mortgage insurance* FNMA #378741Participant105%? welcome to the bubble 2.0
April 8, 2009 at 7:18 PM in reply to: HLS update: 105% REFI’s available now *NO mortgage insurance* FNMA #378868Participant105%? welcome to the bubble 2.0
Participantbarney is kind of an idiot and i think he’s angry, argumentative
and doesn’t have the intellectual depth to understand this problem.The problem wasn’t TARP or SubPrime or any of that, it’s really
the Sales of CDS, Derivatives and the micro-equity rules of Basel I
adnd Basel II that are the crisis.Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.barnie needed to push for these all to be bankrupted
and placed in receivershipParticipantbarney is kind of an idiot and i think he’s angry, argumentative
and doesn’t have the intellectual depth to understand this problem.The problem wasn’t TARP or SubPrime or any of that, it’s really
the Sales of CDS, Derivatives and the micro-equity rules of Basel I
adnd Basel II that are the crisis.Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.barnie needed to push for these all to be bankrupted
and placed in receivershipParticipantbarney is kind of an idiot and i think he’s angry, argumentative
and doesn’t have the intellectual depth to understand this problem.The problem wasn’t TARP or SubPrime or any of that, it’s really
the Sales of CDS, Derivatives and the micro-equity rules of Basel I
adnd Basel II that are the crisis.Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.barnie needed to push for these all to be bankrupted
and placed in receivershipParticipantbarney is kind of an idiot and i think he’s angry, argumentative
and doesn’t have the intellectual depth to understand this problem.The problem wasn’t TARP or SubPrime or any of that, it’s really
the Sales of CDS, Derivatives and the micro-equity rules of Basel I
adnd Basel II that are the crisis.Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.barnie needed to push for these all to be bankrupted
and placed in receivership -
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