Comments on: The Coming Bank Writedowns

By: yup

yup — Wed, 03 Dec 2008 00:12:11 +0000

Maybe America’s problem is lack of basic math skills or passing on useless information. $700,000,000,000/306,000,000 (U.S. population) is approximately $2,300 per person. Good job s.r.b. rocket scientist.

By: B Scott

B Scott — Mon, 01 Dec 2008 03:43:02 +0000

What,s coming are not writedowns, but a big meltdown, one great big “planned meltdown”.

By: Randalls Opinions.com » “Oh the insanity of it all” or “So many acronyms, so little time”

Fri, 28 Nov 2008 23:22:31 +0000

[...] http://emac.blogs.foxbusiness.com/2008/11/26/225/ [...]

By: Larry Sutherland

Larry Sutherland — Fri, 28 Nov 2008 18:59:35 +0000

Seems we’re operating at a loss and trying to make it up with volume.

Ready……..Fire……..Aim.

Good grief

By: jwa

jwa — Fri, 28 Nov 2008 06:41:51 +0000

mark to market is a fairy tale. many cases of undervalue just to reduce exposure and some tax accounting avoidance. reinstate uptick rule, demand up front the value of the stock being shorted into broker escrow and set all mortgages at 5% fixed. if cannot pay at that rate too bad. short sellers are creating phantom stock with phantom money. they get the headlines and the uninformed sheep follow and the slick shorters payback with pennies on the dollar. not hard to do if stupid people follow. seems shorts have perfect arbritrage. no money up front and since no uptick and no demand to “show me the money” they pump an dump doom sho sheep follow and price goes down. going short on high volume shorts and followuing the smoke trail down is a great pastime the last month or so. i hope i smart enough to seen when to no longer follow but for now it is a nice profitable ride. bank america is a smoke tril to follow and next will be jp morgan chase. do not fret follow the smoke until mr slick cox gets booted out along with mr frank. enjoy the easy money