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

To: saveslivesbyday who wrote (128684)	6/12/2008 10:03:52 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

>>Exxon just needs to learn how to make $$ selling renewable energy.<< Exxon can't do that better than thousands of others. I'd rather have Kleiner Perkins or some other VC firm that's proven in building new industries take on that gig. Or maybe Boone Pickens, he's at least interested in it. XOM would be best off liquidating most of their assets and declaring a special distribution to share holders this year, before their task rate skyrockets and while they still have buyers for the pieces. They're losing reserves and production at an alarming rate due to depletion (Peak Oil), nationalization of their resources and (soon) windfall profits taxation. Get out while on top, I say....

To: saveslivesbyday who wrote (128684)	6/12/2008 11:53:17 PM
From: Jim McMannis	Respond to of 306849

Global Subprime Fallout economictimes.indiatimes.com Investment Banking Fees Crash 32%. “The subprime crisis’… effect on investment banks in India: Fewer deals and a falling equity market have caused a 31.6% drop in i-banking fees in the country in H1’08. Except a few large local banks, most foreign i-banks and smaller domestic banks have shown a fall in fee income. Both inbound and outbound deals have seen a 74% and 47% drop, respectively, in H1’08. Thomson Financial: I-banking fees in the country for H1’08 were at $354.3 million against $518.3M last year… The debt market [fell] 36% to $16.4M.