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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (84811)	8/12/2007 10:56:41 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

Wow, worked out really good for you. I suspect LEND will get one of those longer symbols in the near future like LENDC. LEND has been really good to me too. I'm always pleased when this thread does well. People on the Yahoo thread are calling for a lawsuit against Cramer for leading them from riches to rags with LEND.

To: ChanceIs who wrote (84811)	8/12/2007 11:19:45 AM
From: 10K a day	Respond to of 306849

I'm glad you made money. Now go enjoy the rest of your day. :)

To: ChanceIs who wrote (84811)	8/12/2007 1:49:33 PM
From: Smiling Bob	Respond to of 306849

The SS. PPT will be overwhelmed Monday The waves are coming in fast and furious and we still have some 20 hours of storm to weather. I'm looking for a 450-500 point DOW loss tomorrow Message 23785344 Message 23784441 - SEC scrutinizing Wall Street's big banks Amid worries that banks are hiding losses from subprime mortgages, the SEC is combing through some investment firms' books. August 10 2007: 11:08 AM EDT NEW YORK (Reuters) -- U.S. regulators are scrutinizing the books of Wall Street's largest investment banks amid questions they are hiding losses from subprime mortgages, people familiar with the inquiry said. The Securities and Exchange Commission wants to see whether firms are calculating the value of subprime-mortgage assets on their books the same way they calculate those values for their brokerage clients, such as hedge funds. Video More video Subprime loans in the U.S. are proving an Achilles heel for otherwise strong global markets. CNN's Maggie Lake reports. Play video Analysts and investors have raised questions whether there are unreported losses from subprime-mortgages and collateralized-debt obligations, or CDOs. The regulatory checks are expected to include Wall Street's five biggest investment banks, starting with Goldman Sachs Group (up $0.00 to $24.50, Charts) and Merrill Lynch (Charts) & Co. Goldman Sachs and Merrill Lynch declined to comment. People familiar with the inquiry, first reported by the Wall Street Journal Friday, played down the checks as routine. Wall Street banks are in a sensitive period as turmoil in U.S. mortgage markets generate losses for investors and push some lenders into bankruptcy. Yet few investment banks have disclosed significant subprime losses in recent periods. The scrutiny may also help pinpoint whether hedge funds accurately report their results to investors, the Journal reported, citing an unnamed source. Regulatory checks into how firms calculate values of certain assets could boost the accuracy of performance reports to investors. Marking subprime assets to market is tricky since they aren't easily traded, the Journal reported. Stocks slip, day 2 In late June, the SEC said it was probing about a dozen CDOs, which are securities that invest in mortgages and other debt. In recent months mortgage losses have surfaced at some large investment firms. Swiss bank UBS AG (down $1.08 to $54.21, Charts) was forced to shut down Dillon Read Capital Management less than two years after its launch following losses in mortgage markets. Meanwhile Bear Stearns Cos (down $5.50 to $108.55, Charts, Fortune 500). shares, and its reputation, were slammed as two of its mortgage funds suffered losses and filed for bankruptcy.