Don't be so impatient, it will. One bank and then another..........its called the death agony of capitalism. Enjoy the show, I am.
On Sep 13, 7:03 am, Gaar <[EMAIL PROTECTED]> wrote: > And yet it hasn't crashed... > > Imagine that. > > On Sep 12, 2:00 pm, Frank <[EMAIL PROTECTED]> wrote: > > > And you know about economics Gaar? If you go back through the posts > > you will find I said the American economy will crash before the Bear > > Sterns revelations and subsequent bail out. Since then Freddie and > > Fannie have had to be rescued, Lehmans is on the way out and other 11 > > banks, including Indy Mac have disappeared for good. This is just the > > beginning Alt-A loans, credit cards, personal loans and further losses > > due to job lay-offs are going to decimate the US and world economy, > > not to mention the cost of the war. > > > Denials of what is happening and vague references to the capitalist > > curve won't stop the crash of the US economy and the GOP. And Sarah > > should shut up. Bushes world doctrine? Apparently Bush has a doctrine > > the encompasses the domination of the world. Well done, thanks for > > that information Sarah. We knew that anyway, but thanks for being > > stupid enough to articulate it for us. A world doctrine and nothing is > > said, that's amazing > > > On Sep 13, 6:36 am, Gaar <[EMAIL PROTECTED]> wrote: > > > > Your ignorance about the Market is amazing... > > > > But what gets to me is how you blame Sarah when it goes down, but not > > > when it goes up. > > > > Why is that you suppose? > > > > On Sep 12, 12:44 pm, PoliticalAmazon <[EMAIL PROTECTED]> > > > wrote: > > > > > Why is it every time Sarah Palin opens her mouth, the stock market > > > > tanks?l SHUT UP, SARAH! SHUT THE FUCK UP! > > > > > ------------ > > > > > On Sep 12, 12:40 pm, Frank <[EMAIL PROTECTED]> wrote: > > > > > > Bank of America Leads Lehman Bidders; Treasury Balks > > > > > By Yalman Onaran > > > > > > Sept. 12 (Bloomberg) -- Bank of America Corp. leads a list of > > > > > potential bidders for Lehman Brothers Holdings Inc., a person with > > > > > knowledge of the talks said, even as the U.S. Treasury opposed funding > > > > > a deal and the structure of any transaction remained in flux. > > > > > Chief Executive Officer Richard Fuld, who built Lehman into the > > > > > biggest U.S. underwriter of mortgage securities during his four > > > > > decades at the investment bank, was pushed toward a forced sale after > > > > > talks about a cash infusion from Korea Development Bank ended, > > > > > sparking a drop of more than 75 percent in the firm's market value in > > > > > the past four > > > > > days.http://www.bloomberg.com/apps/news?pid=20601087&sid=airWpYw5k9Vw&refe... > > > > > > Alt-A Mortgages Next Risk for Housing Market as Defaults Surge > > > > > By Dan Levy and Bob Ivry > > > > > Sept. 12 (Bloomberg > > > > > > Homeowners lured by low introductory rates to Alt-A mortgages, which > > > > > typically require little or no proof of a borrower's income, may fuel > > > > > the next wave of foreclosures and further delay a recovery from the > > > > > worst housing decline since the 1930s. Almost 16 percent of > > > > > securitized Alt-A loans issued since January 2006 are at least 60 days > > > > > late, data compiled by Bloomberg show. Defaults will accelerate next > > > > > year and continue through 2011 as these loans hit their three- and > > > > > five-year reset periods, according to RealtyTrac Inc., an Irvine, > > > > > California-based foreclosure data > > > > > provider.http://www.bloomberg.com/apps/news?pid=20601109&sid=arb3xM3SHBVk&refe... > > > > > > Paulson Adamant No Money for Lehman, Fed Against It > > > > > By Craig Torres and Rebecca Christie > > > > > > Sept. 12 (Bloomberg) -- Treasury Secretary Henry Paulson is adamantly > > > > > opposed to using government funds to aid Lehman Brothers Holdings > > > > > Inc., and Federal Reserve officials are inclined to agree. > > > > > A person familiar with Paulson's thinking said Wall Street has been > > > > > aware of Lehman's troubles for a long time and had time to prepare for > > > > > any crisis at the company. The access Lehman has to loans from the > > > > > central bank will allow an orderly process, the person said. Fed > > > > > officials are aligned with the Treasury > > > > > ahttp://www.bloomberg.com/apps/news?pid=20601068&sid=azMNL.tm5ckk&refe... > > > > > > AIG May Announce Its Turnaround Plan Before Sept. 25 Deadline > > > > > By Hugh Son > > > > > > Sept. 12 (Bloomberg) -- American International Group Inc., the largest > > > > > U.S. insurer by assets, may announce a turnaround plan before the > > > > > previous deadline of Sept. 25, a person familiar with the company > > > > > said. > > > > > The plan may include selling assets, raising capital and restructuring > > > > > the company, said the person, who declined to be named because New > > > > > York-based AIG hadn't made an official announcement. > > > > > To contact the reporter on this story: Hugh Son in New York at > > > > > [EMAIL > > > > > PROTECTED]://www.bloomberg.com/apps/news?pid=20601087&sid=a6r6t3k8uX4A&refe... > > > > > > Washington Mutual Sees $4.5 Billion Loan-Loss Provision in Quarter > > > > > > Sept. 11 (Bloomberg) -- Washington Mutual Inc., the savings and loan > > > > > that lost a third of its value this week, said that it is ``well > > > > > capitalized'' and forecast a third-quarter loan-loss provision of $4.5 > > > > > billion. > > > > > Net charge-offs may increase by less than 20 percent in the third > > > > > quarter, compared with 60 percent in the previous period, the Seattle- > > > > > based lender said today in a statement. WaMu said it has $50 billion > > > > > in > > > > > liquidity.http://www.bloomberg.com/apps/news?pid=20601087&sid=aeWYL8tllp7s&refe...text > > > > > - > > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
