It was caused by policy mistake, then government need to carry on responsibilities. It's very easy to fix 1) Do not make same new mistake:...
Gross: Bush needs to rescue homeowners
If you miss the CFC rally, short LEH sept 45 puts. IV=75 LEH gave up on its subprime unit only takes on 25M charge.
Told you short out of money puts, see:cool:
That mentality and people like you are the problem. I say let CFC go bust ... :D
CFC short interests went up big time last time, I bet you are one of them. You might success in one day or two like in 9/11, but in the long run...
Good news: Only cut 500, sounds like they still have a lot of work to do. Not in a desperate state, just like a baby crying for candy bar!!!!...
So you must think it's our government responsibility to re-build Iraq with several hundred billions of dollar per year while the parents of our...
You need to take a view point from this administration, remember "If you are not with me, ..."
Suggest to sell out of money puts to take advantage of the rich premiums
Right now, CFC actually prefers people to withdraw their deposits because it can get cheaper loans from FED
1) If CFC files BK, it will mark the biggest failure of US domestic policy, something this administration can't afford to lose. 2) Bush spent...
There is no lender, they all filed BK or closed the door
And no one is talking about recession??? which is pretty much 100% sure in next 6 month.
Birkshirt has a entire home building company Buffet bought while Home Builder stock Peaked (all cash?), He has a few shoe factories which lost all...
Market bottom only if you see GS LEH BSC down > 10% especially BSC
Does CFC use the its own stock to back the credit line as Enron??
B will step in when market correct 15%, right now US market is roughly break even for the year. The first Green Span year is 87, you know what...
CFC wants to suck all the money from the banks then declare B
Go to bank today withdraw all the money before they waste on CFC. How come CFC is the largest lender, it has to compete with price for the last...
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