7 VII 7 Posted September 17, 2008 Report Share Posted September 17, 2008 AIG now ... 1929 anyone? Its a big pyramid of speculation and credit and debt and its going to be a big storm of shit before its all over. We need more transparancy.but of course people will blame this on George W Bush transparency not transparancy Link to comment Share on other sites More sharing options...
Pops Racer Posted September 17, 2008 Report Share Posted September 17, 2008 Thank you, George W. Bush. Seriously. Thanks alot douchebag.What happened to the Pelosi/ Reid congress that was going to clean up the corruption they had 2 years and did nothing? Bush had about as much to do with it as you did. See Chris Dodd and Charlie Rangel. Don't be blind and naive, what a knee jerk reaction that was, wow.My Soccer Team Sponsor :lol: Link to comment Share on other sites More sharing options...
Pops Racer Posted September 17, 2008 Report Share Posted September 17, 2008 AIG now ... 1929 anyone? Its a big pyramid of speculation and credit and debt and its going to be a big storm of shit before its all over. We need more transparancy.Thats a little over the top. And check your 401k's and other investments and tell me you don't hold, oil, mortgage, and other financial institution stocks. The system is too redundant for 1929, relax and buy some Lehman stock, it's a bargain. Link to comment Share on other sites More sharing options...
ErikS Posted September 17, 2008 Report Share Posted September 17, 2008 Thats a little over the top. And check your 401k's and other investments and tell me you don't hold, oil, mortgage, and other financial institution stocks. The system is too redundant for 1929, relax and buy some Lehman stock, it's a bargain.Oil? Not over the top. I can see, touch, smell, taste, and hear oil.Bullshit numbers flying through ether ... that's something else. Link to comment Share on other sites More sharing options...
flyfishing3 Posted September 17, 2008 Author Report Share Posted September 17, 2008 I've said it before and I won't say it againForeign utilities is where it's at-10/10 on the speculation scale though Link to comment Share on other sites More sharing options...
matt b Posted September 18, 2008 Report Share Posted September 18, 2008 I've said it before and I won't say it againForeign utilities is where it's at-10/10 on the speculation scale thoughBooya, my wife teaches finance and she says that all day long.AIG is the bigger monster, that thing collapses and the entire insurance industry will change... Link to comment Share on other sites More sharing options...
Pops Racer Posted September 18, 2008 Report Share Posted September 18, 2008 Your part owner now. $95 million loan (air quotes). $1 trillion in assets, thats a monster alright.I've said it once and I won't say it again, that fat broad in your avatar has some ass crack alright.Stock market is still there, no one jumped off the NYSE building. All your investments are ok, and if you did it right, you've got dollar averaging in your account. Maybe if ya'll are patient you can make some money off of this, and buy the trailer next to mine when you retire.The sky is falling. Link to comment Share on other sites More sharing options...
J0E Posted September 18, 2008 Report Share Posted September 18, 2008 Thank you, George W. Bush. Seriously. Thanks alot douchebag.And how is it his fault?!?! You're a funny guy, Apu.I just wish I covered my short positions today instead of two days ago. This ride has been quite fun though, and those who can weather this storm will come out on top. I loaded up heavily on on financials this afternoon (WB, WFC, and USB) all with a very tight SL in hopes of a nice artificial pop tomorrow. Looking for at least 20-25% by the time Maria asks me if I know where my money is... Link to comment Share on other sites More sharing options...
JCviggen Posted September 18, 2008 Report Share Posted September 18, 2008 For a change, this really isn't a politician's fault.Well, not directly anyway. If anyone with a genuinly sensible economic policy would come forward he wouldn't get any votes. Link to comment Share on other sites More sharing options...
ToxicLemonade Posted September 18, 2008 Report Share Posted September 18, 2008 Thank you, George W. Bush. Seriously. Thanks alot douchebag.How exactly is it his fault again? I didn't see him pushing sub-prime mortgage on people...I've said it before and I won't say it againForeign utilities is where it's at-10/10 on the speculation scale thoughYup, china is building on average one HUGE coal fired plant a week. India almost the same as well. Link to comment Share on other sites More sharing options...
bdimag Posted September 18, 2008 Report Share Posted September 18, 2008 Both. And just picked up another 2k shares.and now FRE is $0.27 and FNM is $0.43what is going to happen to them now that the gov is taking over? isn't going to go private?because, i do like free money and if they stay public.... Link to comment Share on other sites More sharing options...
Che'_Moderator Posted September 18, 2008 Report Share Posted September 18, 2008 and now FRE is $0.27 and FNM is $0.43what is going to happen to them now that the gov is taking over? isn't going to go private?because, i do like free money and if they stay public....Its in receivership, its not being absolved. Link to comment Share on other sites More sharing options...
prasamin Posted September 18, 2008 Report Share Posted September 18, 2008 And how is it his fault?!?! You're a funny guy, Apu.I just wish I covered my short positions today instead of two days ago. This ride has been quite fun though, and those who can weather this storm will come out on top. I loaded up heavily on on financials this afternoon (WB, WFC, and USB) all with a very tight SL in hopes of a nice artificial pop tomorrow. Looking for at least 20-25% by the time Maria asks me if I know where my money is...Wow, and the prick has returned. I won't fall into your racist trap though. Link to comment Share on other sites More sharing options...
Che'_Moderator Posted September 18, 2008 Report Share Posted September 18, 2008 Wow, and the prick has returned. I won't fall into your racist trap though.Good man Pras. Good man. Link to comment Share on other sites More sharing options...
7 VII 7 Posted September 18, 2008 Report Share Posted September 18, 2008 Wow, and the prick has returned. I won't fall into your racist trap though.you still did not mention why YOU think it is Bush's faultgood thing my 401(k) investments are put more into the foreign market :) Link to comment Share on other sites More sharing options...
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