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1 posted on 03/06/2009 3:20:17 AM PST by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

Ping!


2 posted on 03/06/2009 3:20:37 AM PST by TigerLikesRooster (from "Irrational Exuberance" to "Mark to Zero": from '96 to '09)
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To: TigerLikesRooster

They’ll take JPMorgan down with them according to another story a few days ago.


3 posted on 03/06/2009 3:22:39 AM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: TigerLikesRooster

The smoke is wafting away, and the mirrors are shown to be of the ‘fun house’ variety....


4 posted on 03/06/2009 3:35:04 AM PST by Uncle Ike (At some point, government has to be the next bubble to burst. (H/T Freeper This_far))
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To: TigerLikesRooster

cds market has become illiquid. it doesn’t take alot these days to move it. risk managers are in control.i really don’t put much weight on that market anymore.


5 posted on 03/06/2009 3:51:44 AM PST by wiggen
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To: TigerLikesRooster
Either way a major change needs to occur right here and now, lest we find ourselves with no pensions, no Social Security, no Medicare, no annuities and no government. THIS CAN NO LONGER BE DELAYED OR TOYED AROUND WITH; WHEN "THE BEZZLE" REACHES THE POINT THAT IT STARTS DESTROYING THE NATIONAL CORPORATE INDUSTRIAL GIANTS THAT MAKE UP OUR ESSENTIAL INFRASTRUCTURE, MILITARY AND COMMERCIAL ENTERPRISES THROUGH NO FAULT OF THEIR OWN IT IS A NATIONAL SECURITY EMERGENCY AND MUST BE DEALT WITH IMMEDIATELY.

But what happens when "The Bezzle(r)" IS the gov't?

6 posted on 03/06/2009 4:04:34 AM PST by Roccus (The Capitol, the White House, the Court house.....................America's Axis of Evil!)
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To: TigerLikesRooster

Who is issuing these credit default swaps and can they be honored in event of bond default? My guess is many parties have originated these CDS probably AIG among them


9 posted on 03/06/2009 4:55:59 AM PST by dennisw (Archimedes--- Give me a lever long enough and a fulcrum to place it, and I shall move the Earth)
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To: TigerLikesRooster

I saw the CFO on CNBC yesterday. Kernen ate his lunch. it was so obvious that he was lying. When Kernen eats your lunch it is time to leave the field. GE options tell the story.


11 posted on 03/06/2009 5:00:45 AM PST by mad_as_he$$ (You want me to buy heavy metal? Metallica?)
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To: TigerLikesRooster

GE has big investments in Eastern Europe. Making light bulbs and more. The East Europe situation is awful


13 posted on 03/06/2009 5:07:41 AM PST by dennisw (Archimedes--- Give me a lever long enough and a fulcrum to place it, and I shall move the Earth)
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To: TigerLikesRooster

More on this topic:

http://www.freerepublic.com/focus/f-chat/2200933/posts
Are AIG’s Counterparties Being Protected Because They’re Foreign? (AIG)


25 posted on 03/06/2009 1:19:49 PM PST by TenthAmendmentChampion (Be prepared for tough times. FReepmail me to learn about our survival thread!)
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