Comments on: Behind the Turmoil http://emac.blogs.foxbusiness.com/2008/10/07/behind-the-turmoil/ Fri, 20 Nov 2009 19:57:36 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: Alex Jones' Prison Planet: The truth will set you free! http://emac.blogs.foxbusiness.com/2008/10/07/behind-the-turmoil/comment-page-1/#comment-4255 Alex Jones' Prison Planet: The truth will set you free! Fri, 10 Oct 2008 20:03:17 +0000 http://emac.blogs.foxbusiness.com/?p=198#comment-4255 [...] Fox News puts it: Massive positions are just starting to be unwound in the credit default swaps market as tens of [...] [...] Fox News puts it: Massive positions are just starting to be unwound in the credit default swaps market as tens of [...]

]]> By: John Kirby http://emac.blogs.foxbusiness.com/2008/10/07/behind-the-turmoil/comment-page-1/#comment-4038 John Kirby Tue, 07 Oct 2008 21:46:40 +0000 http://emac.blogs.foxbusiness.com/?p=198#comment-4038 Ms. MacDonald, this subject was broached Sunday night on 60 Minutes, and is the first I've seen mentioned of these Swaps.I am a regular citizen 54 years old that has minimal investments, other than my house, therefore I have not watched this or any other financial site on a regular basis. That has changed in the last three weeks as I have tried to figure out just what is going on in Washington and Wall Street. I have been opposed to the bailout based on the information that was fed to me, but had the gut feeling the citizenry was not being told the truth about the depth and breadth of this financial crisis. The first inkling of suspicion was a Fox News video of a phone interview with Warren Buffett that aired about Sept. 25th. His tone of voice seemed like the Cheshire Cat, amused but unwilling to divulge the real reasons and just saying it's ok and we should vote for it and get it into place. Followed by the 60 Minutes program on these CDSs and now your succinct article above. Makes sense now to this simpleton. All the markers are about to be called in and it will be a bloodbath. This should be on Fox's OrangeBanner Breaking News!! Ms. MacDonald, this subject was broached Sunday night on 60 Minutes, and is the first I’ve seen mentioned of these Swaps.I am a regular citizen 54 years old that has minimal investments, other than my house, therefore I have not watched this or any other financial site on a regular basis. That has changed in the last three weeks as I have tried to figure out just what is going on in Washington and Wall Street. I have been opposed to the bailout based on the information that was fed to me, but had the gut feeling the citizenry was not being told the truth about the depth and breadth of this financial crisis.
The first inkling of suspicion was a Fox News video of a phone interview with Warren Buffett that aired about Sept. 25th. His tone of voice seemed like the Cheshire Cat, amused but unwilling to divulge the real reasons and just saying it’s ok and we should vote for it and get it into place. Followed by the 60 Minutes program on these CDSs and now your succinct article above. Makes sense now to this simpleton. All the markers are about to be called in and it will be a bloodbath. This should be on Fox’s OrangeBanner Breaking News!!

]]> By: Arnold http://emac.blogs.foxbusiness.com/2008/10/07/behind-the-turmoil/comment-page-1/#comment-4034 Arnold Tue, 07 Oct 2008 20:31:25 +0000 http://emac.blogs.foxbusiness.com/?p=198#comment-4034 Interesting... I believe I heard over the weekend that the total amount of CDS' is between 50-60 trillion. If 10% of CDS-backed mortgages fail, does that equate to 10% of total CDS amount that comes due? Interesting… I believe I heard over the weekend that the total amount of CDS’ is between 50-60 trillion. If 10% of CDS-backed mortgages fail, does that equate to 10% of total CDS amount that comes due?

]]> By: Greedom http://emac.blogs.foxbusiness.com/2008/10/07/behind-the-turmoil/comment-page-1/#comment-4032 Greedom Tue, 07 Oct 2008 19:48:01 +0000 http://emac.blogs.foxbusiness.com/?p=198#comment-4032 Doesn't matter Won't be published anyway probably. Instead of 20 20 hindsight ? Try this on for size. Bank of America. With Paulson holding the catchers mit ? you can bet when BAC crashes ? General Tommy Franks - sr. military architect on War on Terror who NOW sits on the Bank of America Board of Directors ? Funny how Rumsfeld was an investment banker FIRST ... Connect the dots. Bank of America is the LAUNDERING VEHICLE. In the end ? Cash in on selling the bogus loan products, and cash in on the flip side too now that Paulson has the money to bail out Bank of America not IF, but WHEN the final part of Savings and Loan scandal part TWO come into play. you watch - in the end, BAC will have picked up firesale bargains - ALL in the end to be rescued by the Fed... Gee.. Franks - oh yeah, go figure, there is that OTHER sr. architect for war on terror MEDIA - LArry Di Rita - he's now sr. spokesperson of BAC - what ARE the odds so many pentagon folks end up at BAC eh ? Franks and Di Rita are BOTH about to get their promised reward. Hey, what would YOU do for 100 million dollars. You'll see. BAC is going to collapse, then get propped right back up. TOTAL cash in. Ask yourself, why did BAC announce it's halving it's dividends ? for Q3 ? Ask yourself. What ? Didn't they JUST go through acquisition process ? Didn't they JUST say 10 billion buyback ? And they're cutting dividends... Huge cut in profits ? Wow - I wouldn't rely on anything CEO of Bear Stearns says outside his Palm Beach home the night before we got the truth on THAT company. Most people in the US have been played, HAD - and looted. Not bad. I STILL Ask - who in their right mind could just 'sit there' during WTC... Let alone an alleged president. No one could just sit there. Our alleged president did. for 14 minutes. Ask yourself... Was it "Ok, we're going through with this" Bush bottom line failed this country to let fear and panic take over from hope and hard work. We went from MAYBE being locked out jobs to - oh my - terrorists will kill us all, we're doomed, it's End Days ! augh! I am going to go vomit now. Enjoy the company you keep Doesn’t matter

Won’t be published anyway probably.

Instead of 20 20 hindsight ?

Try this on for size.

Bank of America.

With Paulson holding the catchers mit ?

you can bet when BAC crashes ?

General Tommy Franks – sr. military architect on War on Terror

who NOW sits on the Bank of America Board of Directors ?

Funny how Rumsfeld was an investment banker FIRST …

Connect the dots.

Bank of America is the LAUNDERING VEHICLE.

In the end ? Cash in on selling the bogus loan products, and cash in on the flip side too now that Paulson has the money to bail out Bank of America not IF, but WHEN the final part of Savings and Loan scandal part TWO come into play.

you watch – in the end, BAC will have picked up firesale bargains – ALL in the end to be rescued by the Fed… Gee..

Franks – oh yeah, go figure, there is that OTHER sr. architect for war on terror MEDIA – LArry Di Rita – he’s now sr. spokesperson of BAC – what ARE the odds so many pentagon folks end up at BAC eh ?

Franks and Di Rita are BOTH about to get their promised reward.

Hey, what would YOU do for 100 million dollars.

You’ll see.

BAC is going to collapse, then get propped right back up. TOTAL cash in.

Ask yourself, why did BAC announce it’s halving it’s dividends ? for Q3 ?

Ask yourself.

What ? Didn’t they JUST go through acquisition process ?

Didn’t they JUST say 10 billion buyback ?

And they’re cutting dividends… Huge cut in profits ?

Wow – I wouldn’t rely on anything CEO of Bear Stearns says outside his Palm Beach home the night before we got the truth on THAT company.

Most people in the US have been played, HAD – and looted.

Not bad. I STILL Ask – who in their right mind could just ’sit there’ during WTC… Let alone an alleged president.

No one could just sit there. Our alleged president did.

for 14 minutes.

Ask yourself… Was it “Ok, we’re going through with this”

Bush bottom line failed this country to let fear and panic take over from hope and hard work. We went from MAYBE being locked out jobs to – oh my – terrorists will kill us all, we’re doomed, it’s End Days !

augh!

I am going to go vomit now.

Enjoy the company you keep

]]> By: Robert Meyers http://emac.blogs.foxbusiness.com/2008/10/07/behind-the-turmoil/comment-page-1/#comment-4028 Robert Meyers Tue, 07 Oct 2008 18:48:43 +0000 http://emac.blogs.foxbusiness.com/?p=198#comment-4028 Sell, sell , sell everything. Put all the cash you can accumulate under the matress. Then don't pay your mortgage or, credit card debt..and let U.S. (Uncle Sugar) pay for it. Then go ahead and vote for the Democrat's who have been in control of this mess for about 4+ years now. They'll raise the taxes of the rich...what does Barak Obama call rich..about $150K for a family of 4. At least he has a lot of exeriance in running big government, (has he ever run anything?)..sure go ahead and trust this mess to a first term Senator..he's sure to fix all our problems! Anyone want to by shares of the Brooklyn Bridge...cheap! Sell, sell , sell everything. Put all the cash you can accumulate under the matress. Then don’t pay your mortgage or, credit card debt..and let U.S. (Uncle Sugar) pay for it. Then go ahead and vote for the Democrat’s who have been in control of this mess for about 4+ years now. They’ll raise the taxes of the rich…what does Barak Obama call rich..about $150K for a family of 4. At least he has a lot of exeriance in running big government, (has he ever run anything?)..sure go ahead and trust this mess to a first term Senator..he’s sure to fix all our problems! Anyone want to by shares of the Brooklyn Bridge…cheap!

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