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TheBreeze
ParticipantI think options (a) and (b) are both likely (at least based on what I’ve read). And what about option (c) Lehman, the potential buyer in this case, owns securities that are similar to securities owned by Bear and these securities are “marked-to-model”. If Bear is forced to sell these securities in a fire sale, these securities would have to be marked-to-market and now Lehman is looking at bankruptcy.
Dow 10,000 on Monday?
TheBreeze
ParticipantI think options (a) and (b) are both likely (at least based on what I’ve read). And what about option (c) Lehman, the potential buyer in this case, owns securities that are similar to securities owned by Bear and these securities are “marked-to-model”. If Bear is forced to sell these securities in a fire sale, these securities would have to be marked-to-market and now Lehman is looking at bankruptcy.
Dow 10,000 on Monday?
TheBreeze
ParticipantI think options (a) and (b) are both likely (at least based on what I’ve read). And what about option (c) Lehman, the potential buyer in this case, owns securities that are similar to securities owned by Bear and these securities are “marked-to-model”. If Bear is forced to sell these securities in a fire sale, these securities would have to be marked-to-market and now Lehman is looking at bankruptcy.
Dow 10,000 on Monday?
TheBreeze
ParticipantI think options (a) and (b) are both likely (at least based on what I’ve read). And what about option (c) Lehman, the potential buyer in this case, owns securities that are similar to securities owned by Bear and these securities are “marked-to-model”. If Bear is forced to sell these securities in a fire sale, these securities would have to be marked-to-market and now Lehman is looking at bankruptcy.
Dow 10,000 on Monday?
TheBreeze
ParticipantThis show is interesting, however a much better show would be the follow up on the selling aspect of all theses homes. Not all of these stories end up with flippers making thousands. Sometimes the home doesn’t sell and you don’t find out what really happened to the owner.
One of these shows followed up with a flip that was supposed to close 18 months ago. The seller wanted some insane price close to a million and the real estate agent came in said the house was only worth insane price – $50K. They close the show with the flipper listing for insane price – $50K.
18 months later? The flipper has decided that the house is “so beautiful” that she has made it her permanent home. Yeah, right.
At least one of these flipper shows appears to be an out-and-out fraud:
TheBreeze
ParticipantThis show is interesting, however a much better show would be the follow up on the selling aspect of all theses homes. Not all of these stories end up with flippers making thousands. Sometimes the home doesn’t sell and you don’t find out what really happened to the owner.
One of these shows followed up with a flip that was supposed to close 18 months ago. The seller wanted some insane price close to a million and the real estate agent came in said the house was only worth insane price – $50K. They close the show with the flipper listing for insane price – $50K.
18 months later? The flipper has decided that the house is “so beautiful” that she has made it her permanent home. Yeah, right.
At least one of these flipper shows appears to be an out-and-out fraud:
TheBreeze
ParticipantThis show is interesting, however a much better show would be the follow up on the selling aspect of all theses homes. Not all of these stories end up with flippers making thousands. Sometimes the home doesn’t sell and you don’t find out what really happened to the owner.
One of these shows followed up with a flip that was supposed to close 18 months ago. The seller wanted some insane price close to a million and the real estate agent came in said the house was only worth insane price – $50K. They close the show with the flipper listing for insane price – $50K.
18 months later? The flipper has decided that the house is “so beautiful” that she has made it her permanent home. Yeah, right.
At least one of these flipper shows appears to be an out-and-out fraud:
TheBreeze
ParticipantThis show is interesting, however a much better show would be the follow up on the selling aspect of all theses homes. Not all of these stories end up with flippers making thousands. Sometimes the home doesn’t sell and you don’t find out what really happened to the owner.
One of these shows followed up with a flip that was supposed to close 18 months ago. The seller wanted some insane price close to a million and the real estate agent came in said the house was only worth insane price – $50K. They close the show with the flipper listing for insane price – $50K.
18 months later? The flipper has decided that the house is “so beautiful” that she has made it her permanent home. Yeah, right.
At least one of these flipper shows appears to be an out-and-out fraud:
TheBreeze
ParticipantThis show is interesting, however a much better show would be the follow up on the selling aspect of all theses homes. Not all of these stories end up with flippers making thousands. Sometimes the home doesn’t sell and you don’t find out what really happened to the owner.
One of these shows followed up with a flip that was supposed to close 18 months ago. The seller wanted some insane price close to a million and the real estate agent came in said the house was only worth insane price – $50K. They close the show with the flipper listing for insane price – $50K.
18 months later? The flipper has decided that the house is “so beautiful” that she has made it her permanent home. Yeah, right.
At least one of these flipper shows appears to be an out-and-out fraud:
TheBreeze
ParticipantWho would think there are an infinite supply of 32 bit integers?
Allow me to re-phrase: Who woulda’ thunk that we couldn’t just add more internet addresses as needed? I mean, certainly Internet addresses are easier to create than say something like oil right? All you do is add a few more bits, right? If you’d have bet the inventor of the Internet (Al Gore or that other guy) back in the mid-90s that we’d run out of Internet addresses before we ran out of oil, what kind of odds do you think you would have gotten?
In any event, I thank you for the hubris.
TheBreeze
ParticipantWho would think there are an infinite supply of 32 bit integers?
Allow me to re-phrase: Who woulda’ thunk that we couldn’t just add more internet addresses as needed? I mean, certainly Internet addresses are easier to create than say something like oil right? All you do is add a few more bits, right? If you’d have bet the inventor of the Internet (Al Gore or that other guy) back in the mid-90s that we’d run out of Internet addresses before we ran out of oil, what kind of odds do you think you would have gotten?
In any event, I thank you for the hubris.
TheBreeze
ParticipantWho would think there are an infinite supply of 32 bit integers?
Allow me to re-phrase: Who woulda’ thunk that we couldn’t just add more internet addresses as needed? I mean, certainly Internet addresses are easier to create than say something like oil right? All you do is add a few more bits, right? If you’d have bet the inventor of the Internet (Al Gore or that other guy) back in the mid-90s that we’d run out of Internet addresses before we ran out of oil, what kind of odds do you think you would have gotten?
In any event, I thank you for the hubris.
TheBreeze
ParticipantWho would think there are an infinite supply of 32 bit integers?
Allow me to re-phrase: Who woulda’ thunk that we couldn’t just add more internet addresses as needed? I mean, certainly Internet addresses are easier to create than say something like oil right? All you do is add a few more bits, right? If you’d have bet the inventor of the Internet (Al Gore or that other guy) back in the mid-90s that we’d run out of Internet addresses before we ran out of oil, what kind of odds do you think you would have gotten?
In any event, I thank you for the hubris.
TheBreeze
ParticipantWho would think there are an infinite supply of 32 bit integers?
Allow me to re-phrase: Who woulda’ thunk that we couldn’t just add more internet addresses as needed? I mean, certainly Internet addresses are easier to create than say something like oil right? All you do is add a few more bits, right? If you’d have bet the inventor of the Internet (Al Gore or that other guy) back in the mid-90s that we’d run out of Internet addresses before we ran out of oil, what kind of odds do you think you would have gotten?
In any event, I thank you for the hubris.
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