Questions asked and answered by NONEOFTHEABOVE
- Q:
Bloomberg says that the Federal Reserve has made $2,000,000,000,000 (two
trillion dollars) in emergency loans to banks and now refuses to make the
details public. Read it fast -- the story disappeared from the list.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aatlky_cH.tY&refer=home -
Asked by Noneoftheabove -
8 days ago -
5 answers -
78 views
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A: We are living in a communist nation, controlled by communist dictators who were elected by
the clueless people, and who appoint not so secret police. People won't get it until they
lose their job, their bank accounts, their houses, and are living on the streets or trying
to find a field and some seeds to plant and then pray for rain. If you aren't a canning
expert, better learn. We're headed back to the stone age. Fire anyone? I hear you can do
something with a rock and some sticks. more - Post your own answer
- Q:
While I think the market will still go lower, I am thinking that I should have a
shopping list for when things level off. I'd be curious what anyone who is
ahead of me in this process has on their list. Thanks. -
Asked by Noneoftheabove -
1 months ago -
7 answers -
64 views
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A: Keep an eye on TSC ratings stocks across various categories. Many have changed from this
time last year...a totally new list of names. more - Post your own answer
- Q:
What do you think about the earnings miss of PEP in terms of what it tells us
about the supposedly safe consumer goods sector? -
Asked by Noneoftheabove -
1 months ago -
3 answers -
27 views
Bookmark this User - Bookmark this question - Report Abuse - A: I heard they were laying people off. That's unheard of for them. NOT good news. more
- Post your own answer
- Q:
New Question: Wow. The Baltic Dry index is at 2221. The high was something like
12,000. I know that one of the factors likely is additional ships, but it still
speaks to a very low level of international bulk shipping.
http://www.bloomberg.com/apps/quote?ticker=bdiy&exch=IND&x=15&y=11 -
Asked by Noneoftheabove -
1 months ago -
0 answers -
52 views
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- Q:
I am starting to wonder whether the reason why the US is hesitating to guarantee
interbank lending the way the Europeans are planning is the fact that not enough
insolvent banks have been closed. -
Asked by Noneoftheabove -
1 months ago -
1 answers -
51 views
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A: most of europe is a socialized economy as well. and their taxes are way way higher than
here. each continent must devise a plan that will work in harmony in the global sense, yet
achieve the same goal respectivly suited to their countries.chris more - Post your own answer
- Q:
Sobering pieces how in 2003 the Administration quashed those who wanted to stop
the unfolding mortgage-based financial crisis.
http://bigpicture.typepad.com/comments/
citing
http://www.businessweek.com/magazine/content/08_42/b4104036827981.htm
and
http://seattlepi.nwsource.com/business/382707_mortgagecrisis09.html
and
http://seattlepi.nwsource.com/business/382860_mortgagecrisis11.html -
Asked by Noneoftheabove -
1 months ago -
4 answers -
168 views
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A: I like IBD as a financial newspaper (I am a subscriber), but their right-wing politics are
starting to interfere with their reportage. All they talk about is FNMA and Freddie MAC
and it is true that FNMA and Freddie MAC were told to buy mortgages from people at the
low-end of the spectrum to help make housing more affordable. That did not put them in
the business of financing and packaging liar loans. A more balanced reportage would also
cover the role of the merchant banks and other large financial institutions in packaging
bad loans with the ratings agencies saying they were AAA I think that you will find that
the truly toxic mortgage loans and toxic CDOs were private. more - Post your own answer
- Q:
Wow. JP Morgan says that Lehman owes it $23 billion. Not much chances of them
recovering that money. -
Asked by Noneoftheabove -
1 months ago -
2 answers -
38 views
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A: lehman broke into 3 parts....2 got sold off and one filed bankruptcy.....where's the money
going for the 2 parts that got sold off and how much total did lehmans get for them? more - Post your own answer
- Q:
Great list of questions for Paulson and Bernanke at the Big Picture web site:
http://bigpicture.typepad.com/comments/2008/09/10-questions-fo.html -
Asked by Noneoftheabove -
1 months ago -
1 answers -
31 views
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A: Question 3 on the list was already answered. If the answer is worth anything. Paulson said
he expects 'oversight' but how do you define that? What requirements and restrictions will
there be on communications, accountability, and what recourse does Congress have if the
checks being written are too the wrong constituents? Everyone now is trying to get in on
the money cauldron, clamoring for their share. Autos, homebuilders, the list keeps getting
bigger. more - Post your own answer
- Q:
I'm stunned that Cramer thinks that Congress should pass Treasury Secretary
Paulson's bill as is. It is an unprecedented power grab. It would ban
oversight and court review of the administration of the fund. In effect Paulson
would have $700 million to do as he pleases. -
Asked by Noneoftheabove -
1 months ago -
5 answers -
86 views
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A: He claimed in the hearing that he welcomes oversight. Such a statement means little
without first defining oversight and spelling out how they will be accountable. This is a
deliberate rush job to save Wall St. with as little commitment and disclosure as possible.
Congress is wanting to go home on Friday, and they normally spend months on legislation
this major. Paulson Inc. is like 'don't ask too many questions, just give us the money.' I
had a lady say that to me once...she was involved in a ponzi scheme where you buy
hypothetical seats on an airplane. Get on board! Jump in! Be patriotic! Pay your share of
taxes! more - Post your own answer
- Q:
Ask yourselves: Is it not dangerour to bail out companies and allow them to
continue as they were knowing that they will be bailed out again because they
are too big to fail? Part of the price of a bail out should be breaking those
mega corporations into several smaller entities that then would know that they
can fail. -
Asked by Noneoftheabove -
1 months ago -
1 answers -
63 views
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A: if all these banks and investment/now banks are all merging or aquiring companies making
them all too big, and as inflation keeps up with everything. does the too big to fail
curve get reduced to just being considered normal size? more - Post your own answer
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