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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (140459)8/11/2008 1:08:33 PM
From: copper000Read Replies (1) | Respond to of 306849
 
With you selling your airlines and being almost fully short, you must not be happy with your positions lately. Try to take it easy, I'm sure things will turn around for you soon.



To: Think4Yourself who wrote (140459)8/11/2008 1:35:23 PM
From: Peter VRead Replies (1) | Respond to of 306849
 
and the permabears here are sullen and morose. It's tough to hold the course today.



To: Think4Yourself who wrote (140459)8/11/2008 1:58:55 PM
From: DebtBombRead Replies (1) | Respond to of 306849
 
"The permabull clowns on CNBC are absolutely giddy today" I love listening to them during suckers rallies.



To: Think4Yourself who wrote (140459)8/11/2008 3:23:00 PM
From: Jim McMannisRespond to of 306849
 
The new math of lending
With banks tightening their credit standards, many have to walk a fine line when it comes to lending to consumers.

money.cnn.com

NEW YORK (CNNMoney.com) -- Forget oil and gold. Credit might be the commodity that's in the scarcest supply these days.

Saddled by soaring loan losses, banks have been drastically tightening their lending standards, effectively putting credit out of reach for many consumers in search of mortgages, credit cards or car loans.

"Like the tide, credit goes in and out," said Jeff Davis, a bank analyst and managing director at FTN Midwest. "And right now it's headed out."

Raising the bar
According to the Federal Reserve's first-quarter survey of senior loan officers at some of the nation's largest financial institutions, banks were turning away an increasing number of consumers because of credit fears.



To: Think4Yourself who wrote (140459)8/12/2008 12:08:18 PM
From: DebtBombRespond to of 306849
 
I had to turn it off....they're like dumb, dumber, and dumbest, geezus.