How would you like to be a market maker in this stock this would give me a heart attack with these swings.
If they put AIG under the gvt, what's next? GM, Ford? Hell, just put all the S&P under the gvt. and everybody lives in happy land forever.
yesterday some ass from chrysler was on bloomberg and said he expects a 50bil loan from the govt.The reporter said thats a bailout.Chrysler guy said the govt would make money from it!hahaha,chrysler will be bk before anybody makes money from them.
These guys have used their influence lobbying and having laws changed for years to their advantage. No mercy... let em' hang. Who are they holding hostage to demand. 1. $75B for a bail out. 2. Eliminiation of Naked Shorting 3. Elimination of Mark to market. They claim to have over a trillion dollars in assets but can't come up with less than 1/10 of 1%? How do you spelll F R A U D? If this were really true than any of the large foreign banks would buy out all of their outstanding shares for $10 a share and just liquidate. 27B for a Trill seems like a fair trade?
You don't get it. No one is in any shape to loan out $75 Billion, even under the circumstances of a "bridge" loan. On another note, some day, the SEC will get a clue. The stock price is MORE important than the company itself. It's all about confidence. SEC Commissioner Cox and the "Aaron Copulators" of ET are morons.
Just want to let everyone know Landis and Dick Fuld were seen washing the discount window today. They love there new job.
If that's the case, why then is the 10-year CPI trading at a mere 1.6%? Where is ALL of that Inflation that Bernanke created earlier this year? Where are all of the ET INFLATION protagonists and Helicopter Ben Bashers???