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

To: TobagoJack who wrote (31565)	3/24/2008 8:07:17 AM
From: Dr. Voodoo	Respond to of 217618

NPR reporting this AM that $2 wasn't enough, and now BSC must fetch $10. Apparently some are a wee bit dissatisfied being shocked and awed by the performance of their investment, and since J6P isn't watching his back pocket, JPM and the fed have decided recouping some of their losses seems like a good idea. UFB

To: TobagoJack who wrote (31565)	3/24/2008 12:26:14 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217618

The Green$pan put is still in action. Bear Sterns shareholders have now been offered $10 instead of $2. Perhaps they should hold out for $14. Or more. biz.yahoo.com Now over 2 years into the market clearing crunch and there doesn't seem to be a big problem in clearing markets. Mortgagors are lined up being reassigned housing, deleveraging is continuing apace with bargains being bought before they are cheap enough for me to be buyer of last resort. Panics and problems never go on forever. They rarely turn into dark interregnae either. It's nearly a year since the run on Northern Rock. This is like waiting for avian flu or sars. Great fun but perhaps the panic is kaput with the Green$pan put. Mqurice