Actually not bad considering....when you compare to negative returns on the funds operated by Bear Stearns, Goldman Sachs, and the late Sowood.
For day-traders it's probably great, but for positon traders the intra-day whipsaws don't help the stop loss position trades.
Whether we like it not no person or country can ever spend its way out of bankruptcy. In simple terms look at any government like any...
I'm taking the Swiss approach to the current market war.....I'm neutral and watching from the sidelines happy to hold money in the bank.
They (FED) can only continue to print $$$ for so long before the US becomes the 21st century equivalent of the Weimar Republic....
.....and enable the big Wall Street hedge funds to continue to trade securities, confident that their pay checks will not bounce."
Surprised? No. Pissed yes....FED has bailed out organizations that shouldn't have lent a dime to start with....including the bankers on Wall...
Memorandum To: All Staff of GS, BSC, ML, LEH Date: August 10, 2007 Subject: Summer Vacation Cancelled...
Fed in fall bailout mode. Temporary Open Market Operations Temporary Open Market Operations for August 10, 2007 Last Updated: August 10,...
and Paulson was proactive to identify the upcoming problem Greenspan created with his helicopter monetry policy....
Maybe you need a refresher on the "Working Group on Financial Markets" aka PPT. http://www.archives.gov/federal-reg...rder/12631.html...
Yeah been watching it unfolding in asia-pacific region. Becuase those markets are across the date-line they are trading on Friday. Who in their...
what's it printing?
Two Goldman Sachs funds in trouble Computer-driven funds have suffered big losses and selling positions as a result, paper reports. August 9...
Where have you been? Cramer said it himself last Friday people on Wall Street are losing their jobs...hedge funds closing....even the 2IC from...
Once the dust settles who to blame for the market meltdown. SEC are already working on this......hmmm lets see we could ban short...
Countrywide Hit by Credit Market Woes By JAMES R. HAGERTY August 9, 2007 7:16 p.m. Countrywide Financial Corp. faces "unprecedented...
Breaking news they issued release tonight...we are not bust yet...but check back tomorrow we could be bust...or will go bust any day.
Current problem looks like repeat of S&L debarkal.
Cash in bank up to $100k is government backed.
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