Engineer
Elite Member
- Oct 9, 1999
- 39,230
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Originally posted by: Yoxxy
We put up 700B as far as I remember. We held some of the assets for 7 years to actually make a profit.
So we made the entire 700B back and then some?
Originally posted by: Yoxxy
We put up 700B as far as I remember. We held some of the assets for 7 years to actually make a profit.
Originally posted by: Engineer
Originally posted by: Yoxxy
We put up 700B as far as I remember. We held some of the assets for 7 years to actually make a profit.
So we made the entire 700B back and then some?
Originally posted by: TastesLikeChicken
Market up 410 today. Looks like the end of the world has been temporarily postponed.
I hope that doesn't prompt suicidal thoughts in some of our doom & gloom AT regulars.
I think he was talking about DaveOriginally posted by: TastesLikeChicken
Escape? I haven't seen a person here claiming we can do so such a thing. Can we overcome these problems? Sure. We've been through worst in the past. This doesn't appear to be even as bad as the S&L debacle let alone others we've been through.Originally posted by: senseamp
I love how the people think we can indefinitely escape the consequences of our own stupidity and denial by even more stupidity and denial.
It's all so tiresome. People have been proclaiming for millenia that the end of days are near. It's as if there's a genetic diposition within us to have a few that must broadcast woe unto us. The internet is just a more public voice for them, so we get them in here too. The internet is the new sandwich board, with cheese and special sauce added.
Originally posted by: dmcowen674
For years I have said Short Selling is criminal.
For years I have been rebuffed that it is not.
Today the SEC agress with me it is criminal.
9-19-2008 SEC bans short-selling
Cox, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke held a closed-door meeting Thursday night with members of Congress.
A recent wave of the market maneuvers ? where traders seek to profit by selling unowned shares of companies in the anticipation their prices will drop ? has been blamed in part for the demise of venerable investment firm Lehman Brothers and other big companies.
The SEC said its action calls a time-out to aggressive short-selling in financial stocks and said it would consider measures to address short-selling in other publicly traded companies.
The California Public Employees' Retirement System, the nation's largest pension fund, said that starting Thursday it is no longer lending out shares of Goldman Sachs Group Inc. and Morgan Stanley, joining a growing number of public pension funds that are attempting to curb short-selling of two investment banks' stocks.
Short-selling, in a normal market, contributes to efficiency while adding liquidity to the markets. But now, the SEC said, it appears that "unbridled" short-selling was contributing to the sudden price declines in the securities of financial institutions.
Originally posted by: Engineer
Originally posted by: dmcowen674
For years I have said Short Selling is criminal.
For years I have been rebuffed that it is not.
Today the SEC agress with me it is criminal.
9-19-2008 SEC bans short-selling
Cox, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke held a closed-door meeting Thursday night with members of Congress.
A recent wave of the market maneuvers ? where traders seek to profit by selling unowned shares of companies in the anticipation their prices will drop ? has been blamed in part for the demise of venerable investment firm Lehman Brothers and other big companies.
The SEC said its action calls a time-out to aggressive short-selling in financial stocks and said it would consider measures to address short-selling in other publicly traded companies.
The California Public Employees' Retirement System, the nation's largest pension fund, said that starting Thursday it is no longer lending out shares of Goldman Sachs Group Inc. and Morgan Stanley, joining a growing number of public pension funds that are attempting to curb short-selling of two investment banks' stocks.
Short-selling, in a normal market, contributes to efficiency while adding liquidity to the markets. But now, the SEC said, it appears that "unbridled" short-selling was contributing to the sudden price declines in the securities of financial institutions.
Per CNBC, it's not all companies that are banned on the short selling list. It's alot of banks both national and regional along with many other financial institutions.
Originally posted by: dmcowen674
Originally posted by: Engineer
Originally posted by: dmcowen674
For years I have said Short Selling is criminal.
For years I have been rebuffed that it is not.
Today the SEC agress with me it is criminal.
9-19-2008 SEC bans short-selling
Cox, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke held a closed-door meeting Thursday night with members of Congress.
A recent wave of the market maneuvers ? where traders seek to profit by selling unowned shares of companies in the anticipation their prices will drop ? has been blamed in part for the demise of venerable investment firm Lehman Brothers and other big companies.
The SEC said its action calls a time-out to aggressive short-selling in financial stocks and said it would consider measures to address short-selling in other publicly traded companies.
The California Public Employees' Retirement System, the nation's largest pension fund, said that starting Thursday it is no longer lending out shares of Goldman Sachs Group Inc. and Morgan Stanley, joining a growing number of public pension funds that are attempting to curb short-selling of two investment banks' stocks.
Short-selling, in a normal market, contributes to efficiency while adding liquidity to the markets. But now, the SEC said, it appears that "unbridled" short-selling was contributing to the sudden price declines in the securities of financial institutions.
Per CNBC, it's not all companies that are banned on the short selling list. It's alot of banks both national and regional along with many other financial institutions.
Yes, I bolded the financial part, they have to get off the fence.
It's either legal for all or not.
This is bullshit.
Originally posted by: Naustica
Today the govt has declared martial law on the financial market. So much for free market bullsh*t. It's only free market when it works for them. All profits from the past years and all bonuses and wages should be returned. Patient investor who sidestepped this mess gets screwed again. Way to reward the undisciplined and the reckless asshats.
Originally posted by: dmcowen674
Originally posted by: Engineer
Originally posted by: dmcowen674
For years I have said Short Selling is criminal.
For years I have been rebuffed that it is not.
Today the SEC agress with me it is criminal.
9-19-2008 SEC bans short-selling
Cox, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke held a closed-door meeting Thursday night with members of Congress.
A recent wave of the market maneuvers ? where traders seek to profit by selling unowned shares of companies in the anticipation their prices will drop ? has been blamed in part for the demise of venerable investment firm Lehman Brothers and other big companies.
The SEC said its action calls a time-out to aggressive short-selling in financial stocks and said it would consider measures to address short-selling in other publicly traded companies.
The California Public Employees' Retirement System, the nation's largest pension fund, said that starting Thursday it is no longer lending out shares of Goldman Sachs Group Inc. and Morgan Stanley, joining a growing number of public pension funds that are attempting to curb short-selling of two investment banks' stocks.
Short-selling, in a normal market, contributes to efficiency while adding liquidity to the markets. But now, the SEC said, it appears that "unbridled" short-selling was contributing to the sudden price declines in the securities of financial institutions.
Per CNBC, it's not all companies that are banned on the short selling list. It's alot of banks both national and regional along with many other financial institutions.
Yes, I bolded the financial part, they have to get off the fence.
It's either legal for all or not.
This is bullshit.
Originally posted by: dmcowen674
Bush Administration to take over banks, news at 11
Originally posted by: GoPackGoDid you know K-Mart is emphasizing that they are the last nationwide store that still has lay-away?
