LinkBack URL
About LinkBacksBetter send em fedexOriginally Posted by Sailer
Ah, yeah. Are you in need of some of my medications?
Super Member
Better send em fedexAh, yeah. Are you in need of some of my medications?
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
Super Member
Herb tells us who will pay for CountryWoe
Herb Greenberg » Blog Archive » Updated: The Real Story on Countrywide....
....heh heh, that's right, you will
.
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
Uber Member
25,000,000 Points
Ah yes, you, me, and every taxpayer in the country. And I'd sure like to know how all those calls were made just prior to the BofA announcement. I was thinking a bit earlier today about how some of the robber barons of the 1920's manipulated the market so much just before the crash of 1929. It almost seems like there's been a lot of manipulation going on in this present trouble. Can't prove anything, only speculation, but the suspicion is there.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Super Member
250,000 Points Countrywide to drop 20% today? Maybe even more?
Asus P5KR
Intel Core2Duo E6400 @ 2.96Ghz (370x8 @ 1.200v : Intel Stock HSF)
4GB Crucial Ballstix / Tracers PC-8500
Asus 8800GT 512mb
Windows XP SP2
Uber Member
100,000 Points Read it and weep CFC sold to BofA for $4B
24/7 Wall St.: Bank of America (BAC) Buys Countrywide (CFC) For $4 Billion
The more you read and learn, the less your adversary will know. - Sun Tzu
Super Member
250,000 Points Yeah wasn't expecting that. It did drop near the 20% mark though down 15% currently.
Asus P5KR
Intel Core2Duo E6400 @ 2.96Ghz (370x8 @ 1.200v : Intel Stock HSF)
4GB Crucial Ballstix / Tracers PC-8500
Asus 8800GT 512mb
Windows XP SP2
Uber Member
25,000,000 Points I read it, along with a couple other reports about it. I didn't weep, but I wondered if they were going to use vasoline. Most of my stocks which jumped up yesterday are falling back this morning. I wonder how many accountants suddenly woke up with the thought, "Do you realize how much this is going to cost us?"
Oh well, out of the pan and into the fire, we're going to get burned for sure.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Super Member
:-)
JPM preliminary talks to aquire WM (1 of 3 possible banks)
Gotta feeling all the fallout now is just going to turn in aquisitions.
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
Super Member
AMD +7.5% WM+7%....seems many think these companies will have a future (even if it's a subdivision in WM's case).
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
Uber Member
25,000,000 Points Go WM, go! I want to see $20 minimum. $30 would be even better. Lets here the auctioneer, do I hear $40? Hey, that's what it sold for last August.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Uber Member
100,000 Points As I said a few pages back that the guy was off the mark when he prediced gold to top out at $900 and we'd hit that before the end of the month. We aren't even to the middle of the month and it hit $900 already.
Gold tops $900 on rate-cut speculation - MarketWatch
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
100,000 Points Cleveland sues banks over supprime mess.
Cleveland sues lenders over subprime - Jan. 11, 2008
City officials hope to recover hundreds of millions of dollars in damages for lost property tax revenue, the cost of demolishing homes left abandoned and the cost of policing neighborhoods devastated by thousands of foreclosures.
The more you read and learn, the less your adversary will know. - Sun Tzu
Premium Member
5,000,000 Points 
Um... who's pointing the finger at who here? Isn't a Cleveland also responsible for letting this happen within city limits? If it really was fraudulent then people could turn around and sue cleveland if they can sue the banks.
Maybe I'm missing something but it seems like a dumb lawsuit.
Laptop: Vostro 1400 1.6ghz C2D, 4g DDR2, nVidia 8400, Win7 64bit
HTPC Phenom x3, 2gb DDR2, 9800GTX+, Geforce 8200 chipset
Uber Member
25,000,000 Points Oh yeah, like Cleveland has no responsibility what-so-ever in policing its neighborhoods and fighting crime.
In other news: Clinton to propose $70 billion stimulus: report - Yahoo! News
And just where does Hillary think that $70 billion will come from, a magic fairy? Someone has to pay that money, and it would be every taxpayer in the country, including those who its proposed to help. That's not counting the additional costs for running the inept government agencies which would oversee it all.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Super Member
oh boy
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
Uber Member
25,000,000 Points Dang it. I held off selling some WM a bit this morning because it was heading up so nicely. Now its dropping for the cellar again. Someday I have to learn to grab the profit when I can adn forget trying to hold out for more. I'll never be good at gambling. Maybe that's why I don't play poker.
Over 50- Seen it, Done it, Can't remember it, but I miss it.
The great economist Milton Friedman once observed, "Many people want government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
det skal ikke mye til for å more oss (It doesn't take much to amuse us)
Uber Member
100,000 Points i tried to get a loan from countrywide and they didnt even call me back lol
Uber Member
100,000 Points Interesting you bring that up about Cleveland but I don't believe there actually is a legal requirement for them to do so. The legal purpose of the police department is actually to enfore the laws as enacted by the municipality. Police are thus not responsible for securing their properties against crime the owners actually are.
They are going after the banks for creating a public nuisance by failing to secure and maintain their properties. My vote is on the City of Cleveland actually being the winners with this plan.
The suit, filed in Cuyahoga County Common Pleas Court, alleges that in pushing sub-prime mortgages in Cleveland, the companies created a public nuisance in violation of state law.There were over 7,000 foreclosures in Cleveland in 2007 alone. Crime has skyrocketed in areas where boarded up houses are a common site. Many of those homes have been stripped of their aluminum siding and plumbing. Some blocks bear an eerie resemblance to New Orleans' Lower 9th Ward in the months following Hurricane Katrina.
She'll do what every politician does print more money.
Talk about a Hillary being a socialist:Clinton's emergency spending plan would add to the federal budget deficit and not be offset by tax increases or budget cuts, her campaign told the Times.
When will they ever learn this handout system we have doesn't work now and more handouts isn't going to make it work any better. What a political stunt this is for an election year $55B in free giveaways to her democratic (low-income) base. Time will tell but I'll bet we're just goint to watch this baby go down in flames...
And next we hear from? Osama..Errr I mean Obama.Clinton's plan would provide $30 billion for an emergency housing crisis fund for states to help low-income families unable to make mortgage payments; $25 billion to help low-income families pay heating bills this winter; $10 billion to extend unemployment insurance for people unable to find jobs; and $5 billion for alternative energy programs, the Times said.
The more you read and learn, the less your adversary will know. - Sun Tzu
Uber Member
100,000 Points They probably all got pink slips....
The more you read and learn, the less your adversary will know. - Sun Tzu
Super Member
if you still have it, look at the bright side: at least you didn't lose on it today while the market tanked again. Of the 50 tickers I follow, it was second only to AMD today. :-) A rare day, wouldn't you say.
A foolish consistency is the hobgoblin of little minds -- Emerson
On Earth, what goes up tends to come down.
Here's more at my blog:
http://findingourdream.blogspot.com/
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions 
Reply With Quote
Bookmarks