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

To: LTK007 who wrote (29087)	7/14/2011 2:51:05 PM
From: DebtBomb	Read Replies (2) \| Respond to of 119362

I agree Max and obama changed nothing....but NO ONE can deny the damage bush/cheney did in 8 short years...it is irreversible....it is financial armageddon. It is default, IMO.

To: LTK007 who wrote (29087)	7/14/2011 3:44:48 PM
From: Jim McMannis	3 Recommendations Respond to of 119362

I agreed, elites at the top of either party like it the way it is.

To: LTK007 who wrote (29087)	7/14/2011 3:53:36 PM
From: ggersh	3 Recommendations Read Replies (1) \| Respond to of 119362

Hey Max, here's something for you, take your blood-pressure meds! -vbg- Presenting Bank Of America's Latest Product Offering To Hedge Funds: The Definitive Shorts Terminator Submitted by Tyler Durden on 07/14/2011 14:51 -0400 Now that traditional alpha generation is long dead courtesy of central planning, and even levered beta no longer works as a strategy at least until such time as Benny and the Inkjets return with a whole printer cartridge full of goodies for the uberwealthy, and that old "sophisticated investor" go-to staple - insider trading - is no longer an option courtesy of the clamp down on "expert insider information leaking networks", what is a hedge fund to do to justify ridiculous terms such as 2 and 20 (or 3 and 45 in some soon to be Wall Street criminal folklore cases)? Simple: run, don't walk to Bank of America Merrill Lynch Countrywide and demand an immediate, if not sooner, hook up to the "Securities Lending GM Portal Locate System (SLGPLS)." Why the SLGPLS? Because it is the last remaining way to make money: isolate companies with large short interest and create a major covering spree. From the horse's mouth: "We are offering a brand-new technology for prime broker clients giving them the ability to do locates via the web. It is a user-friendly system that features instantaneous easy to borrow (ETB) locates and hard to borrows (HTBs) that are delivered to our securities lending desk personnel desktop. Additionally, clients have the ability to get color and email alerts on a select list of securities." Translated: BAC, seeing plunging PB revenues now that everyone is departing this bloated scam of a bail out with hundreds of billions in toxic RMBS, is offering the holiest of holies straight to the end user (for a price): all the names, that with just a little buying prod, would likely surge as shorts get spooked an cover en masse.