Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (37218)	4/1/2010 8:41:45 PM
From: Madharry	Respond to of 78670

Every time i watch bloomberg or cnbc and Geithner opens his mouth it makes me cringe. Today he made some inane comment about restricting hedge fund profits, about 1/2 hour after i saw a story about the how the fed was forced to release details of some of the collateral they took from bear stearns and aig after they were sued by bloomberg and a congressman threatened them with more hearings. Having looked at the collateral one commentator noted that given the comment the lehman could not be rescued because their collateral was not in as good a shape as bears leaves the guy scratching his head as to how bad that collateral could have been. Small minded bureaucrats like Geithner end up imposing rules, regulations, and taxation that end up restricting free trade and business innovation and bury economies. I woulnt give this the guy the responsibility of cleaning up dog poo, That is why like most investors I am now trying to diversify outside of the United States. I agree with you characterization of what took and is taking place and you are right. You recognize that interest rates are artifically low, and that housing became inflated. so the logical thing to do is it to diversity into commodities, and other countries that are productive without foolish central bankers. perhaps now is the time to start buying real estate assets if you can get them cheap enough from motivated sellers. OT MFCAF,which i hold a large position in, made a new high on decent volume for it over 40,000 shares and up over 7%.. They have not released 12/31/09 numbers yet but I suspect positive results.

To: Spekulatius who wrote (37218)	4/3/2010 3:25:37 PM
From: Madharry	1 Recommendation Read Replies (2) \| Respond to of 78670

Saw the author on bloomberg last night. He was very enlightening and an excellent speaker. His take on the subprime situation: A. The regulators for whatever reason ignored it. ( not surprising since they have ignored everything else of note for a decade. Now that I know more about Geithner and Blair Im not at all surprised. As soon as the author realized the regulators were clueless he lost interest in that side of the story. B. The rating agency people were either out of their league or so incentivized that they were desperate to look the other way and place total reliance on a poor model. C. The CEOs didnt understand the product except that it made a lot of money. D. The people within organizations who recognized this would be a problem down the road and voiced warnings were drowned out by the more powerful people making tons of money selling the product. E. what exactly happened at aig that they allowed Goldman SUcks to persuade them to put on a risky product sell $60 billion worth of insurance that eventually would wipe out shareholders was not clear from his discussion. He mentioned that he was asked to speak at a book club of Republican Congressmen and as they listened and he explained he could practically see smoke coming out of their ears. What I wonder now is there some level where it makes sense to own US dollars, and where might that level be? seems clear to me that we are going to very soon enter a new period of american economics. We will see a severe decline in municipal and state services across the board. I am seeing many more potholes than i did in seasons past where I live.