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  • Originally posted by Ecthy


    Adapted, capitalist, social-darwinist people do that all the time. It's about time they are on the receiving end.
    Yea, those *******s should.
    Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
    Originally posted by Ted Striker:Go Serb !
    Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.

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    • BTW, sources like Bloomberg and the WSJ claim the Barclay-Lehman deal fell through because the gov't wouldn't bring cash to the table, but that WP article Kuci linked apparently claims it was was because the UK regulator wouldn't go for it. Which is it?
      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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      • And they're off:

        Frank Urges Economic Intervention
        By Benton Ives, CQ Staff

        House Financial Services Chairman Barney Frank suggested Monday that Congress may have to create a federal entity similar to the one that managed the savings and loans crisis in order to restore some stability to financial markets.

        While most other lawmakers and administration officials envisioned a gradual role for Congress in the turmoil rocking Wall Street, Frank, D-Mass., said lawmakers may have to take more immediate action, perhaps as early as November or December, in addition to a long-range overhaul of market regulation.

        “Has the market on its own gotten itself into such terrible shape that specific [federal] intervention hasn’t helped?” Frank said, pointing to the Bear Stearns rescue earlier this year and other steps taken by the Federal Reserve to boost liquidity. “Are we at the point where there needs to be some kind of [broader] federal intervention?”

        He pointed to the Resolution Trust Corporation (RTC) as a possible model. The RTC was created by Congress in the 1980s and financed mostly by taxpayers to take over failed savings and loan associations and to manage and sell off their assets.

        Most other lawmakers were more cautious as they returned to Capitol Hill after the weekend’s stunning reshuffling among the top tier of U.S. financial institutions. About the furthest many would go was to call for action on a broad regulatory overhaul next year or for another round of economic stimulus legislation.

        Indeed, legislating during an increasingly volatile financial crisis could prove difficult, if not counterproductive.

        “The economic crisis facing our country is deepening, as we saw over the weekend with the failure of Lehman Brothers and the sale of Merrill Lynch,” Senate Banking Chairman Christopher J. Dodd, D-Conn., said in a statement. “To fully understand the implications of these events, we need to learn more about the Administration’s involvement, and its plans going forward.”

        But Frank said faster action may be needed. “Now it seems to me it’s not just regulation going forward, it is perhaps some kind of intervention to deal with all the bad paper out there,” he said, referring to the billions in souring debt securities tied to mortgage-related products. Major financial institutions have taken huge losses as many of those debt instruments have lost their value.

        ...

        At the same time, Frank, along with other Democrats on Capitol Hill, are pointing to the weekend’s dramatic events to bolster their call for a second economic stimulus package, which the Bush administration and congressional Republicans have been reluctant to embrace. Democratic leaders have touted plans to extend unemployment benefits, boost infrastructure spending and take other steps that they say would help bolster the economy.

        “This increases the chances we’ll get some Republican support,” Sen. Carl Levin, D-Mich., said.....
        If you look around and think everyone else is an *******, you're the *******.

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        • Time to get some respect for slacker kids, since in a few weeks none of you will live any better than them

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          • 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 Colon™
              BTW, sources like Bloomberg and the WSJ claim the Barclay-Lehman deal fell through because the gov't wouldn't bring cash to the table, but that WP article Kuci linked apparently claims it was was because the UK regulator wouldn't go for it. Which is it?
              Maybe one led to the other.
              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


              • Wow, Russia fell by 17%! How big is their equities market?
                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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                • When did Barney Frank join the dark side??
                  <Reverend> IRC is just multiplayer notepad.
                  I like your SNOOPY POSTER! - While you Wait quote.

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                  • He is the dark side.
                    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


                    • By 'dark side' I mean 'Democratic Party'.
                      <Reverend> IRC is just multiplayer notepad.
                      I like your SNOOPY POSTER! - While you Wait quote.

                      Comment


                      • CNBC reports the US gov't is blinking re AIG.
                        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 Kuciwalker
                          **** this:



                          Paulson would have a little bit more credibility if he'd said this BEFORE Bear Sterns and Fannie Mae and Freddie Mac.
                          Well, better late than never.
                          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


                          • Originally posted by Colon™
                            CNBC reports the US gov't is blinking re AIG.
                            I'm guessing that this is more wishful thinking. That CNBC report is based on what the investment bankers believe is going on. Maybe the bankers presented a range of options to the Fed/Treasury, one of which was a bailout.

                            About 20 minutes ago, AIG's stock skyrocketed and the markets pushed into positive territory. But AIG is now back down to -45%. Maybe the Fed/Treasury are now rubbishing the report.
                            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


                            • Originally posted by snoopy369
                              By 'dark side' I mean 'Democratic Party'.
                              Is that just because of the presidential candidate? :P
                              "lol internet" ~ AAHZ

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                              • Oil is close to breaking the $90 barrier. Car-owners profiting from other people's misery.
                                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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