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Goodbye Ambac
Another Cramer casualty


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This page has been archived and commenting is disabled.
Another Cramer casualty


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Another zombie down (finally), many more to go...
Gonna go get Zombietown from the RedBox tonight to celebrate!
Edit: My bad - I meant ZombieLAND (much funnier).
What a great movie! Get it from Netflix though, they need the revenue to support the 100P/E.
Amazingly, there are people who did not see this coming.
But weren't we told in 2008 that the collapse of Ambac would result in chaos, blood in the streets, and martial law?
I'm not hearing any gunfire just yet...
...anyone?
But that was back before they had the MBS mess "contained."
Today? Why lookie there, here comes the QE2!
God Bless the Queen.
"I'm not hearing any gunfire just yet..."
the homies are still pouring they 40's on da curb fa ABK...
Respek bitches
It is quite a slow moving train wreck. It will take time for these bond losses to "trickle down" to the rest of the economy.
Why wait for the DVD. You can stream it right now from their web site. Time to crash their servers.......again. :>)
http://movies.netflix.com/WiMovie/Zombieland/70123542?strackid=748b42d9c05593d5_0_srl&strkid=307040845_0_0&trkid=438381#height2082I'll join in on that ;)
And 2 years ago equities would have crashed 5% on the news.
Now it's "put it on the funny money credit card".
"Now it's "put it on the funny money credit card".
but alas, tis the 'merican way!
Cramer: what a douche.
but
Ackman: what a stud!
Ackman was long CDSs on MBIA
http://ftalphaville.ft.com/blog/2008/01/31/10612/monoline-flatline-bill-...
Farewell Ambac, we hardly knew ye!
Well except for all those asshats at CNBC which proclaimed you perfectly healthy and certified 'recovered'.
That's the problem, we did know them well.
I have no problem waving goodbye to the rotten teeth open sore meth addled whore that Ambac has become.
Not me, I'd never heard of em before Cramer and the babbling b-cup Burnett made Ambac a household name.
Are you sure you're not thinking of Ambien? :>)
http://www.rxlist.com/ambien-drug.htm
http://en.wikipedia.org/wiki/Zolpidem
There's no way that broad is a b-cup. She's built like a 10 y/o boy.
We hardly knew 'ya
Not a single mention on CNBS front page. Will be interesting to see how many times over the $1.5B in liabilities was over insured.
Coz they only report lies
one more Domino Falls
whos next.... ?
when's MBIA's turn?
Next please be Goldman Sachs, JP Morgan, BoA, AIG and Citi.
PLEASE PLEASE PLEASE PLEASE.
dynamite goes...
Cramer told me to buy on the dips.
Consider this to be one realllllly big dip
HA
This should be the end of mortgage insurance, and much more.
I'll miss this pig, I sure make a ton of money trading it.. :(
(deleted)
Late last night, I was poking around ABK's Yahoo message board. Posters seemed to feel if trading was halted, there would be a short squeeze. If the sheep insist on being sheared, I may as well pull up a front row seat
http://messages.finance.yahoo.com/mb/ABK
there are some regrets...
"Who else paid $14.50 per share like me and my gay friend WNOTZ? We are more than bagholders, we are bung hole buds."
If a tree falls in CNBC's forest does anybody hear it?
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