To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...
2 posted on
10/02/2008 4:47:47 PM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
They must not have told their investors hedge funds are high risk.
3 posted on
10/02/2008 4:49:20 PM PDT by
Tarpon
(Barrack Obama will ban all the guns he has the votes for ...)
To: TigerLikesRooster
I think we see why the Dems were so desperate to have the bailout.
5 posted on
10/02/2008 4:50:16 PM PDT by
PapaBear3625
("In a time of universal deceit, telling the truth is a revolutionary act." -- George Orwell)
To: TigerLikesRooster
Sounds like these “hedge” funds forgot to hedge.
6 posted on
10/02/2008 4:53:37 PM PDT by
oblomov
To: TigerLikesRooster
We’re gonna have to print a hell of a lot more money to cover all this, I’m thinking.
7 posted on
10/02/2008 4:58:23 PM PDT by
Argus
(Obama: All turban and no goats.)
To: TigerLikesRooster
8 posted on
10/02/2008 4:59:32 PM PDT by
djf
(Sound of gunfire, off in the distance, I'm getting used to that now...)
To: TigerLikesRooster
Wonder how long before this trickles down to 401K’s and IRA’s? I swear, I have been considering closing out my 401 and IRA and taking the tax and penalty hit just to have the cash in hand.
9 posted on
10/02/2008 5:05:54 PM PDT by
saganite
(Obama is a political STD)
To: All
To: TigerLikesRooster
I was just reading about some dude that has $450 million that he can’t access....just sold his shipping company
To: TigerLikesRooster
This is the real BS behind the Bailout... Hedge funds are collapsing and all those really really rich folks who are going to lose their shirts aren’t going to go down without getting congress to bail them out... not to mention that many states moved their retirment pension funds etc into Hedge Funds as well... So they won’t let them go down.
THat’s what this bailout is about folks, it ain’t about the average joe at all.
To: TigerLikesRooster
Doesn’t exactly fit on this thread, but is financial in nature and not important enough for a new thread:
WaMu assets are being rated a couple billion dollars downward.
The reason???
WaMu held a couple billion dollars of it’s own stock.
I thought that was illegal?
20 posted on
10/02/2008 5:13:40 PM PDT by
djf
(Sound of gunfire, off in the distance, I'm getting used to that now...)
To: TigerLikesRooster
Absolute Return Partners’ Millennium Wave, a small fund of hedge funds, has had to tell its customers they cannot have their money back until it can retrieve it from the funds in which it invests. Fund of funds, one of the all-time-dumbest investment ideas.
26 posted on
10/02/2008 5:17:54 PM PDT by
Toddsterpatriot
(Let me apologize to begin with, let me apologize for what I'm about to say....)
To: TigerLikesRooster
“has had to tell its customers they cannot have their money back until it can retrieve it from the funds in which it invests.”
Good luck with that! THis is known as “cascading cross-defaults.”
32 posted on
10/02/2008 5:25:22 PM PDT by
Travis McGee
(--- www.EnemiesForeignAndDomestic.com ---)
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