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  • Originally posted by Zkribbler
    I like Obama's plan of outlawing bonuses for executives whose companies are in bankruptcy.
    Why so the company can keep it in cash or buy stock with it?
    I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
    - Justice Brett Kavanaugh

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    • Grrrr....
      I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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      • Originally posted by PLATO


        Treasuries are up because of rampant fear driven by unparralled uncertainty.
        Treasuries' yield. 10-years was down by almost 25 basis points earlier today and now it's slightly up.
        DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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        • Originally posted by DanS
          Grrrr....
          You got issues dude.
          I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
          - Justice Brett Kavanaugh

          Comment


          • Originally posted by Colonâ„¢


            Treasuries' yield. 10-years was down by almost 25 basis points earlier today and now it's slightly up.
            It is up slightly because investors were pricing in a supposed cut by the fed in rates. That didn't happen despite futures contracts predicting a 90% chance that it would. Some of the less volatile money is moving back out of treasuries due to this underpricing. The movement will probably be minor as the overall trend for the last week has been bad news.
            "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

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            • Yea, I'm thinking that has something to do with inflation expectations.
              I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
              - Justice Brett Kavanaugh

              Comment


              • I'm deeply disappointed about this possible bridge loan for AIG. If nothing else, the common should be owned by the gov't and the debt-holders and counterparties should take a haircut. They should make it so disandvantageous that nobody looks for Uncle Sam's help in the future.
                I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                • Under the plan, the authorities would receive equity warrants giving them a 79.9 per cent stake in AIG. In returrn, the insurer would receive a bridge loan of $85bn to keep it afloat until it could dispose of billions of dollars in assets..
                  DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                  • Perhaps Barney Frank's idea ought to be considered seriously. The government's approach is awfully haphazard at the moment.
                    Last edited by Colonâ„¢; September 16, 2008, 21:48.
                    DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                    • well Paulson must have hated Lehmann while he was CEO of Goldman... everyone else (of similar size) bailed out so far...

                      New US motto:
                      when market fails, nationalization prevails

                      at this rate we will have the whole financial sector privatized and subsidized by the taxpayer in the US
                      Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
                      GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

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                      • I just now got home from work. I'm being "cloned" and working on two projects at once for the rest of the week...my usual dev project, and "emergency assistance" to help Lehman with massive bulk unwinds.

                        I'm somewhere between "**** you, Lehman" and "yay, extra cash" right now...

                        Little known fact: Lehman has a very robust unwinds software engine that just went live last year, thanks to yours truly. It's grinding through tens of thousands of deal per day now worth billions of dollars.
                        "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                        Ben Kenobi: "That means I'm doing something right. "

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                        • Fvck this. Why are AIG's shareholders being bailed out?

                          God this is infuriating.
                          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                          Comment


                          • Well, LIBOR + 8.5% for a senior secured loan, with warrants, is rather handsome for the treasury...
                            Last edited by DanS; September 17, 2008, 06:39.
                            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                            Comment


                            • so I hear the US government is into buying companies now...
                              viva la capitalism!
                              Co-Founder, Apolyton Civilization Site
                              Co-Owner/Webmaster, Top40-Charts.com | CTO, Apogee Information Systems
                              giannopoulos.info: my non-mobile non-photo news & articles blog

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                              • Ugghh. I don't have the heart to defend this.
                                I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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