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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (27662)	1/11/2008 12:36:22 AM
From: oldirtybastard	Read Replies (1) \| Respond to of 217545

Can anyone think of one, where the cadres who matter can secure and control funding on on-going basis without suffering the risks of r&d, matketing, distribution, after-sales services, and fungibility? just a simple question. And so I wonder what the 9 years old gold market reform in a communist/socialist and or capitalist-with-chinese-characteristic society is really about? Can it be done by letting say, America, print the money to finance China's industrial development while accumulating a reserve that will appreciate vs. that printed currency and encouraging private ownership of the reserve as well rather than indexing wages to cost of living? Also holding enough of the American currency to be able to affect its price as neccessary and thus the price of the reserve. They ought to know about inflation, didn't the Nationalist currency depreciate a millionfold vs. the US$ in late 1940's helping secure communist victory? Just thinking out loud, seems like they have a few options and are in the drivers seat...

To: TobagoJack who wrote (27662)	1/11/2008 1:03:53 AM
From: pogohere	Respond to of 217545

"The Real Story on Countrywide…." And yet, there is another version: "Let us assume one of the largest mortgage entities, Countrywide, who would have certainly been a significant player in the credit derivative market, has a very major credit derivative position with Bank of America. Lets' assume that Countrywide was the entity that had the obligation to perform, but now clearly can't. If Bank of America was to buy the non-performing other side of the many transactions and Countrywide become one entity with Bank of America, as they would, would the transactions between them not evaporate in the merge? It absolutely would. What would you then have to mark down on those specific transactions? I believe NOTHING would have to be marked down any further as two sides of the transaction became one. That would qualify the already invested $2 billion, plus whatever else needs now to be paid to Countrywide' stockholders. This would more than likely be paid in paper. It might explain the inexplicable "why" of Bank of America putting $2 billion into Countrywide recently when Mickey Mouse could see that as a sketchy investment at best." from: jsmineset.com