Cyprus-Forum.com

[Johnson&Johnson]

good post...detroit down the dumps, is this cyclical trend bought on by outsourced manufacturing or the start of someting esle?

http://www.youtube.com/watch?v=dR7h8NBQU3E

great depression on the way ?

better get that vegetable patch up and going in the back yard...

[Johnson&Johnson]

Is today gonna be a monster sell-off ?
1) USD in free fall
2) Distressed banks issuing margin calls across the board leading to hedge fund forced liquidations
3) Chaos in credit markets, spreads skyrocketing worldwide
4) Central banks in a bind
5) Technically ugly, huge H&S pattern looks like it wants to break down

[Kikapu]

A Financial Humour for those who have still few dollars left in the present Financial Meltdown.

Hey Dinos, who is this person who's name is "Margin" and he keeps on "calling" me.

[dinos]

Yeh, it looks fugly out there. The banks are screwed - see Bears getting bailed out by the Fed and JPMC borrowing to keep 'em afloat. Interesting; the credit JPM "borrowed" is with no strings attached - if they lose their investment, they are not obligated to pay it back. Socialism in drag...

Anyway, nice find on the vid you posted, J&J. I've been following John Williams for some time now; a keenly smart guy. http://www.shadowstats.com/

As for the margin calls, that's primarily hitting hedge funds at the moment. Just another of the reasons to keep away from them from an investment standpoint. It's a good time to have cash while we wait for things to come down and see how long this is really going to last...

[dinos]

Welcome to the United States Socialist Republic....

The US government has nationalized (er, put into a government-run conservatorship) Fannie Mae and Freddie Mac, impelling a $1.4 trillion credit event. Also, I have serious doubts that Lehman and WaMu will survive this year. If this isn't proof-positive that the government is shitting in its pants, poking fingers and toes into cracks in the dam, I don't know what is.

Nobody is letting on how bad this is.

http://bigpicture.typepad.com/comments/ ... 090808.pdf

S&P at 925, anybody?

[Kikapu]

The financial meltdown continues.!

[dinos]

Some real cloak-and-dagger stuff is coming up regarding the Lehman backruptcy. Apparently, JPMC transferred $138B to Lehman after Lehman filed bankruptcy. This raises the very real possibility that JPMC was insolvent. The treasury forced Lehman's failure to disguise the recapitalization of a much larger and much sicker entity.

Not much consolation to Lehman's employees, I suppose...

http://www.financialsense.com/Market/ki ... /0922.html