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


To: RockyBalboa who wrote (199663)5/2/2009 10:13:01 AM
From: Giordano BrunoRead Replies (2) | Respond to of 306849
 
Citi needs another 10 billion?

That's easy, we'll give it to them.
And there's more where that came from.

*Fun with banks*

Some banks are haggling with the Fed over how it calculated their projected 2009 and 2010 revenues -- a central factor in gauging banks' ability to absorb losses. Some have pushed the Fed to use their strong first-quarter performances as a baseline, even though many acknowledge their first-quarter results are likely unsustainable.
They are haggling with the Fed based on their "strong" first quarter results (which were all due to taxpayer gifts to every single bank via the AIG funnel)? Come again? Are there any boards of directors left at any of these firms to supervise the sheer lunacy that management teams projectile vomit in the general direction of Barak Obama, Tim Geithner and CNBC's audience?

Why should Chrysler creditors be forced to suffer and be scapegoated in front of the entire world, while we don't know who one single large creditor of a Citi or of BofA is? .... but we can speculate...Hey Obama/Tim - how about some bank creditors suffer a loss here and there too in your witch hunt against "all those self-serving Wall Streeters." Does it maybe have to do with the fact that these are not really Wall Streets at all but the very same gullible fools who are supposed to lap up the $1 trillion + in USTs you will be shovel feeding over the next year... yes, the same investors who still have their investment in Freddie and Fannie marked at par compliments of Uncle Sam and Joe Taxpayer.

All is good though: CNBC just announced that all is priced in, and that no bad news can ever move the market lower as everything negative has been factored in every single stock price in perpetuity and then some.



To: RockyBalboa who wrote (199663)5/2/2009 11:44:46 AM
From: John ChenRespond to of 306849
 
"Stress tests - what is there to negotiate "

This Stress tests on the citizens of USA is getting to
be extremely unbearable.

Can the officials negotiate a better deal for the taxpayers,
the people they are supposed to 'represent' ?

Just knowing how the treasury is being looted in the past and
possibly in the foreseeable future get to be the

" MOST STRESSFUL TEST of patience of human-kind "



To: RockyBalboa who wrote (199663)5/2/2009 3:29:04 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>Stress tests - what is there to negotiate ?? Does this involve fudging the results until they are harmless enough?<<

yes.

bush ushered in orwellian politics and obama is injecting it with steroids.

obama breaks the rule of law and promises junior gm debt holders and players more than they are legally due in order to secure personal political advantage.

the sr bag holders are determined to let the tried and true rule of law run its course.

obama publicly chides the law abiding citizens for going against the orwellian illegal scam plan.

and the people have no clue.

unbelievable.