SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: benwood who wrote (102076)3/12/2009 3:06:49 PM
From: LTK00711 Recommendations  Read Replies (3) of 110194
 
i was listening to a BTV talking head in a state of RAPTURE going over all the WUNDERBAR words Lewis/Pandit and Dimon were pouring out--she was BEAMING, lapping up the words like a thirsty dog in August.

And then Kathleen Hayes comes on and says let's get some balance here and started an interview with Josh Rosner of Graham Fisher(he is banking specialist).
Kathleen said what do think of what these fellows are saying and he laughed, he said it was like someone with TERMINAL CANCER saying well this particular day isn't bad.

He said any reasonable/rational person knows the bottom for these banks are not in as they have brutal headwinds ahead.
Kathleen said "Not everybody agrees with that" and Rosner said "I said ANY reasonable/rational person". Love it!:)

92% of the gain today in the SPX500, as of now, is from the financials(up 6.xx%) .
IOWs, this rally does NOT have breadth and has been driven by a well orchestrated BS campaign by these crooks to get a short squeeze going.
These crooks that the government are trying desperately to splatter with perfume so the stink they carry with them does not make people puke.
A lady on BTV, named Popper, the rapturous one, said these bankers are not crooks, but like Dimon and Lewis stated that they are just hard working decent/honest people, and we give bonuses to them because we don't want to lose thjese examplary people.
This i see as a mass propaganda campaign to 'win back the peoples trust', but i think most people are going "Gag Me!". Max
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext