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


To: carranza2 who wrote (50207)5/19/2009 1:40:07 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 219479
 
Geithner nixes executive-pay caps (with NO SHAME)

Treasury Secretary Timothy Geithner said instead that the government should set compensation standards to keep finance institutions from taking too much risk.

Secretary Timothy Geithner says the U.S. government should not impose caps on executive pay in the financial sector. However, he said Monday that the government can set compensation standards to curb excessive risk-taking by financial institutions.

Such standards could combine with compensation disclosure requirements and giving shareholders the ability to vote on salary packages.

Mr. Geithner made his comments during an interview at a luncheon.

Wall Street bonuses and retention packages have provoked anger among the public and in Congress. Lawmakers have moved to limit pay for top employees at financial institutions that have received federal government assistance. The standards envisioned by Mr. Geithner would apply to all financial institutions.

©Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



To: carranza2 who wrote (50207)5/19/2009 9:03:23 PM
From: TobagoJack  Read Replies (1) | Respond to of 219479
 
If we believe that the markets of desires and exchanges of hopes will invariably pauperize the very many in the harshest of ways at the most inconvenient times, then we are justified to suspect that perhaps the markets will pauperize the babyboomers in a messy process and grinding way at a time precisely when they are about to settle for their golden years and when they cannot realistically hope to recover from terrifying losses.

At this juncture, the very many, meaning those who should in all cases be discredited for not having anticipate what must be terrifying losses (even if only mark-to-sorry-market rules were enforced and market signals were not polluted by fiat money inflation noise), believe that the bottom may be in, whether by fact of passing of the big first financial-econo-monetary tsunami wave or by hope of fiat officialdom manipulation (per same spirit as some madoff investors, as in I know he must be doing something not altogether kosher but I want to be in on the fortunate ground floor).

It could be that now the bulls and bears, particularly the debtors, have been hurt badly, and so it must be the turn of bears and bulls, particularly the savers, to savor the unfairness of the markets.

The end-game chapter, section one, would and must involve fiat money inflation, which can neither help industry in general, nor salvage debtors in particular, but will very easily pauperize the savers just so that they would plead for the same insane policies that the earlier bankrupted debtors would.

I am guessing that the counter to asset price deflation is to hold that which cannot be easily deflated given that people will be begging for inflation, the beast which they mistakenly think they understand and can deal with, and by and by, buy into that which has been devastatingly deflated, to ride into the subsequent recognition phase for hyper inflation. Easier said than …

I suspect that whatever will happen would be a variation of 1929 with fiat money (as opposed to 1929 gold-linked cash) difference, which may change the numbers indicated but not the truth that the numbers measure. Gold is a standard, whether or not used as a capitalized Standard for money.

The script as indicated in 2002 video.google.com

Watch what Obama could be rehearsing, by watching FDR lie not so many years ago youtube.com at the onset of bank holidays and such

Let us continue to watch and brief, and in the mean nasty time, I attach three some bear porn centerfold charts that are suitable for framing or use as PC desktop images to keep all astutely alert of the mathematical possibilities.

The sorry bottom is always around the next tragic corner, until the terrible end



and, oh mi god, the possibilities can fuse the synaptic gaps



but, yes, given that the empire's fate is at the burning stake, it must take over banks, buy auto companies, rob savings, talk about national this and duty that, and all the while print the mostest to kingdom come, so salvation can only be for the faithful and redemption can only be on revelation day, at the end



Call me suspicious, but I am guessing that the buy point for equities may only become apparent after Mr Buffett bloomberg.com ("Berkshire Scales Back Stock Purchases as Cash Erodes") is completely out of cash and no longer talks of bargains. All bull market heros must perish before a bull market can get underway again.

cheers, tj