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

To: TobagoJack who wrote (43972)	12/16/2008 12:02:04 PM
From: elmatador	Read Replies (1) \| Respond to of 217654

Madoff investors will get tax relief. "Tax rules allow investors who fall prey to criminal theft perpetrated by their investment advisers or brokers to claim a tax deduction stemming from their losses." The rules, which are in part tied to definitions under state theft laws, could potentially put hundreds of millions or even billions of dollars, in the form of tax breaks, back into the pockets of Mr. Madoff’s stunned investors, including the publishing magnate Mort Zuckerman; the owner of the New York Mets, Fred Wilpon; and wealthy investors from Palm Beach to Europe. But it is unclear whether the Internal Revenue Service will see things that way. The agency, which never comments on issues specific to individual taxpayers or cases, declined on Monday to discuss whether it would allow Mr. Madoff’s investors to use the theft-loss rule. nytimes.com Perfect crime.

To: TobagoJack who wrote (43972)	12/16/2008 6:24:37 PM
From: Kona	Respond to of 217654

Nice Graphic <G> img.photobucket.com

To: TobagoJack who wrote (43972)	12/16/2008 9:59:58 PM
From: carranza2	Read Replies (1) \| Respond to of 217654

cancelled the tbt order and waiting for possibly significantly lower prices as charlatan helicopter burnandkaput can go nuts with fed purchase of debt, or make people believe he is crazy, because he is genuinely crazy Good move. Very astute. Directly from the Fed's release: The Committee is also evaluating the potential benefits of purchasing longer-term Treasury securities. Time to re-evaluate, reconsider, re-think, etc.....for buying TBT is fighting the Fed, something not to be done lightly.

To: TobagoJack who wrote (43972)	12/16/2008 11:26:05 PM
From: prosperous	1 Recommendation Read Replies (1) \| Respond to of 217654

The US Fed is crazy providing a wrong solution with ZIRP policy. Those who think that Fed can pull out the liquidity at the drop of a hat when no longer needed are even crazier. If the Fed can't tolerate a modest recession to clear up the excess valuations at this point there is no hope they can/will do so in the future either what is changing at that point? the same pain medicine needs to be taken at some point, but fed would rather have it forced down on us. This experiment may be headed for a spectacular disappointment down the road, how it achieves it remains to be seen. This is not a sustainable situation by definition and while Fed is bluffing they have lot of tools to reflate, at this point they are at the end of the road with all reasonable tools, any other methods have huge side effects and people should now be worried more about the solutions than the original problem, the US has become "Bernake's revolutionary financial research lab", these experiments are very high risk with unknown side effects and we all are the mice on which they are being performed.