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To: politicket

There are signs that the credit markets are healing. It’s covered in the excerpt, you don’t even have to click the link.


16 posted on 04/01/2008 4:15:18 PM PDT by Berlin_Freeper (Vote for McCain but trust in the Lord)
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To: Berlin_Freeper
There are signs that the credit markets are healing. It’s covered in the excerpt, you don’t even have to click the link.

There were no specific signs mentioned in the excerpt.

Lehman was mentioned. They are about to undergo an effort to raise reserve capital and thereby dilute their stock. Is that good news? I wouldn't think so.

How about UBS? They just wrote off another $19 bilion for the 1st quarter. They are also going to try to raise reserve capital and dilute their stock. Is that good news? I wouldn't think so.

How about some Wall Street Journal headlines for the day. Surely that must be where the good news exists:

Sales Slump at Auto Makers. Is that good news? I wouldn't call it that.

Senate's Housing Gridlock Eases. Is that good news? Some might think so - but upon reading the article you would quickly find out that the American taxpayer who pays their bills will be subsidizing those that don't. So, I would have to put that one in the bad news column as well.

I'm still waiting to hear what the good news was that created a 400 point rally in the Dow. Can you please point it out to me?
24 posted on 04/01/2008 4:34:59 PM PDT by politicket
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To: Berlin_Freeper
There are signs that the credit markets are healing.

Bingo! Let the market deal with it.

29 posted on 04/01/2008 4:42:09 PM PDT by Cobra64 (www.BulletBras.net)
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To: Berlin_Freeper

I must have missed the signs that lenders are more willing to lend money now for residential RE, Commercial RE, LBOs, etc... than last month or the month before. Can you please spell this out for me?


40 posted on 04/01/2008 5:52:08 PM PDT by Freedom_Is_Not_Free
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