Posted on 12/08/2009 9:39:34 AM PST by FromLori
I didn’t know Blythe was in Miinnesota yesterday.
These contracts should be capped at 20%, or 5 to 1 leverage. And banks should be barred from using any depositor money in calculating their capital percentages. IMO, Depositor Cash should be treated simultaneously as an asset and a liability, as it's NOT THE BANKS' MONEY!
Put 5-1 leverage on Wall Street, and they'll have to earn their money for a change.
He She?
Their smiles and stance, even facial structure are similar.
No no no Sarah doesn’t look anything like her.
Zero Hedge digs up the story behind the story which is usually Wall Street pond scum hard at work with their effin derivatives and swaps. On 911 the hijackers should have crashed into Wall Street with a small nuke with Goldman Sachs for ground zero
I like the way you think snicker.
**Masters, 40, oversees the New York bank’s environmental businesses as the firm’s global head of commodities...
As a young London banker in the early 1990s, Masters was part of JPMorgan’s team developing ideas for transferring risk to third parties. She went on to manage credit risk for JPMorgan’s investment bank.**
So JP Morgan thought someone in their 20’s without years of experience was the best person to come up with risky business ideas?
Thanks now my brain makes the connection (old age) well just great
This is why there is so much pressure to pass cap and trade. Billions are to be made by Wall Street and the next bubble must be built to be bailed out again by Main Street. It’s stuff like this that could bring the end of this country and Western civilization. Why am I not surprised to see George Soros name in this story?
:)
Thanks for all the good posts you put up. I try to go to Zero Hedge but have not done so for a week.
Meanwhile gold diving with USD stronger. Deflationary sentiment is back in the air. Dubai default is deflationary and gives ammunition to the deflationists. So do Chinese threats to default on “evil capitalist” derivatives
http://www.rickackerman.com/2009/12/will-china-amnesty-birth-the-black-swan/
Gold Price Change due to Strengthening of US Dollar
-7.10
Gold Price Change due to Predominant Selling
-22.40
Gold Price: Total Change
-29.50
Remember also our sovereignty and yes I agree that is what it is all about the $$$$
That evil soro’s usually has his fingers in anything dirty I am still wondering if he had a hand in the financial crisis since tax cheat tim insists there was a run on our financial system and that’s why he had to take our tax dollars and pay at 100% to the banks!
“Geithner, 48, took issue with that, saying that the entire financial system was at risk at the height of the crisis, including Wall Street’s big institutions.
‘Classic Bank Run’
“None of them would have survived” had the government stood aside and let the crisis run its course, he said. “The entire U.S. financial system and all the major firms in the country, and even small banks across the country, were at that moment at the middle of a classic run, a classic bank run.””
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWBnxBZDUtZo&pos=1
” 2. without thought or regard; carefree; heedless: a blithe indifference to anyone’s feelings. “
How appropriate....
Hair is different, yes. Otherwise?
They wouldn’t try that crap here in Texas. The tomato thrower would end up in the hospital (if he was lucky).
bump ___ very interesting
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