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 -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (92451)3/18/2008 6:52:27 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Well Cape Coral, FL and Bear Stearns are now playing in the ninth inning for sure with Bear the home team<g>



To: Jim McMannis who wrote (92451)3/18/2008 7:31:57 PM
From: patron_anejo_por_favor  Respond to of 110194
 
Impossible to say, since their books are hidden. The game's going on, but I'm stuck in the bar and can't see anything......<G>

Does Bushnell make "level 3 binoculars".....?<G>



To: Jim McMannis who wrote (92451)3/18/2008 7:34:58 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
I got a memo today that said the meltdown was over. That was immediately followed by the All Clear siren.

My right ear is nearly deaf from the repeated blasting of that bloody thing... <g>



To: Jim McMannis who wrote (92451)3/18/2008 7:56:12 PM
From: George K.  Read Replies (1) | Respond to of 110194
 
I'll guess the 7th or 8th inning for insolvencies. The way I see it the big dealer banks were stuck with a few quarters of toxic securities they couldn't sell to the saps. Hopefully we're through the death cases caused by this unsold inventory or at least it's parked in a lead vault at the NY Fed.

The Lehman call today was truly impressive - Fuld really laid out the numbers - basically opened the books. Schwartz and Greenburg (a couple days before) lied and died.

The Vix collapse today says to me we can get back to the easy stuff now - liquidity troubles (Bear collapse was beyond a liquidity issue), weak earnings, recession, etc.. :)

Still though, I worry about a HF collapse. If I have it right, they can't borrow from the NY Fed.

Geo.