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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (239606)	8/17/2007 11:21:37 AM
From: michael97123	Read Replies (3) \| Respond to of 281500

bank america just raised its divident and wachovia will do so either today or next week. Do you think these guys are dumb? Banking market isnt the real estate market or the mortgage mkt. They will take hits but they generally have set aside the reserves to meet this. That peter guy doesnt get it and you have just been drinking way too much.

To: c.hinton who wrote (239606)	8/17/2007 11:26:36 AM
From: michael97123	Read Replies (2) \| Respond to of 281500

Peter guy is a freak. He just predicted a 1930s type depression in the US while rich Euros like you buy consumer items US folks can no longer afford. Reason he is dumb is that there will be no safe havens anywhere if US goes into depression. The guy has been preaching this for the last five years. He is another Dow 5000 and naz 900 guy. He got a credit crisis that made him some money and he is way full of himself. He is like the shock jock of pundits. He and Kramer should be in Jail.