1. Given the media intensity given to the Covid 19 (otherwise known as Corona or Wuhan) virus, there seems no reason to have posts on that very specific subject in several forums Accordingly, all of those posts will be moved to "Headlines". All new items on that subject should be posted there as well. This notice will expire on 30 April, or be extended if needed. Thanks, folks.

Hold on to your britches

Discussion in 'Financial Cents' started by melbo, Mar 16, 2008.


  1. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    Havin a good dinner tonight, and a good drink.[beer]
     
  2. Tango3

    Tango3 Aimless wanderer

    ECONOMY???CNN Says SCOTUS(heller) today(???)
     
  3. S&P

    S&P E&E w/AR

    Rumors by floor traders today that Merrill Lynch will announce huge write-downs tomorrow. Probably based on an earlier confirmed story about the law suit filed by Merrill against it's CDO insurer for $3.1B. Latest trend is for insurers to walk away from their obligations.
     
  4. Jonas Parker

    Jonas Parker Hooligan

    A lot of the problem is the "AAA-rated" insurers. They're not "walking away from their obligations", they're going bankrupt. The rating companies were on the take and the insurers were grossly under-capitalized. How do you spell "F-R-A-U-D"?
     
  5. RouteClearance

    RouteClearance Monkey+++

    And yet, how many of those truly guilty of this massive "Fraud" will go to jail? Hmmmm how 'bout ZERO
     
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