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When will our stock price be at zero?
When will our stock price be at zero?
umm, well i haven't checked the ticker in the last few minutes but...
Watching the CNBC talking heads screaming for JPM's Dimon to run for president after he's moving speech (NOT) today on what's wrong and right with America.
It was enough to choke a maggot.
i hate maggots that choke, must be the reason my tee vee's been off and unplugged all of this year.
you are brave for attempting to watch MSM. i comprehend the need to see the spin offered to the sheeple, but i've found i do quite well completely avoiding it.
thanks tyler and zh'ers for being here.
If BOA has to repurchase, guess what, so do the taxpayers because of the liability they absorbed on the WaMu purchase which will undoubtedly be attacked next, along with every other Shady McShadyville lender's loans which were repackaged and sold to idiots.
Also, can we have our TARP and all the other money FED gave you back, and you go away....
You can't have your TARP and eat it too.
And what's this about Fannie Mae, the GSE that should have died but is now being subsidized by taxpayers, buying BAC mortgages? You've got to be kidding, right? Whoever made that decision needs to be fired NOW.
it is even worse than you think
You can't just rent houses that have been vacant for years without spending thousands of dollars on repairs and maintenance. Hell, many of those subprime houses should be torn down. This administration is totally freaking clueless.
Soon, to go along with foodstamps, there will be rent stamps.
BAC in the USSA!
If they were just clueless, wouldn't they -- at least occasionally -- do something that didn't harm the country?
Makes you wonder - so much easier to destroy then to build.
Shovel ready, bitchez.
All this news has made me nervous.
So...I went to Ebay and loaded up on some more powdered eggs and tactical bacon.
Other than that kind of stuff, I'm good whichever way things go. If someone could figure out how to do freeze dried Pepsi, they become a billionaire.
Ever hear of "Fizzies™?"
Many of these sub primes have been bought for next to nothing and are now being flipped so if you are quick and smart it's easy money.
If you want jobs fixing them up or knocking them down is the question.
Well fixing them up provided easy money for more than knocking down so thats what you will get.
Nothing cluelss if you are in the system.
McGraw-Hill is the owner of S & P, you know the downgrade guys, and this company, you know the ones with the construction job search network.
If we were to start blaming people the list would take up a few pages or so.
They bought the service rights is the way i read it.
But yeah fire em all you will get enough someday.
NO PROBLEMO!!!! 1 TRILLION PESO'S COMMING UP!!!!
which would you take? pesos or pesetas?
Mr. Lennon hendrix
to the point!
How much are you going to sell Merrill to JP Morgan for?
It's coming at them from all sides now. I think it is just a matter of a few days before we hear about some kind of restructuring or another.
Who cares about the forensics. Anyone (Paulson) that was too dumb to realize that these banks where finished in 08 needs their head examined.
Funny how Maradith Whitney got famous for doing some forensics on Citi, Fanny and freddie, yet Peter Schiff predicted those bankruptcies in 2006.
Being right but getting the timing wrong is still wrong.
How bout the backdoor countrywide bailout we're gonna pay for?
Since the BOA, Fannie Mae, Freddie Mac trifecta of realestate timebombs is unspooling. Do you think we'll stop seeing those silly stories about the bottom of the hosuing market, rebounds and green shoots?
Yeah, me neither...
Bad market! You do that outside!
What about AIG claiming :::cough::cough::: "fraud"?
...Ah, we can't comment on ongoing litigation. (thinking "speeding ticked at the Indy500")
Here's the menu. Remember, this is your last meal, make it a good one.
I know what will be said.
We are Lehman Brothers. We are dead.
What is notional value of SIV, what is market price for it if any?
The value is whatever we say it is, so sayeth FASB, so shall it be. How dare you question the gods!
what about REMIC status for RMBSes where loan docs. weren’t sent to the trustee on time?
The REALLY big boys who bought these things are figuring out what to do. Once they move, the IRS will swoop in and maul a few medium sized investors for taxes, and collapse the mess.
Is this a glimpse of what will be occurring at Paulson & Co after the BAC call? http://www.nbclosangeles.com/news/weird/Stock-Broker-Leaps-to-Death-Amid...
Like a glass of fresh glacial water! Thanks, I needed that.
Some interesting non-questions there. They clearly convey the idea that BAC is only a few denied motions away from bankruptcy.
Counterparty risk = anti-money....bitchez!
1. What really happened between Ken Lewis and Hank Paulson ?
2. Why did you not include who the real investor of the mortgage loan was (and where the money came from) at origination ?
3. Why have you used robosigning MERS (and others) to break all rules of property laws in the chain of assignments by using fraudulent signatures
4. What is the Mark to Market on your HELOCS ?
5. Why would anyone ever pay a mortgage that is serviced (not owned) by Bank of America ?
6. How many residential and other properties are in default, what % are still being used by "stay-ins", and what % of the total have not been auctioned or sold?
Looking back 80 years or so, we had the Bank of the United States blow-up. Today it's Bank of America. That rhyming sound you're hearing is history delivering the same lesson to those who are doomed to repeat it.
Is that the sound of a run on your bank in the background??
Did Ken Lewis ever admit that Paulson had a gun to his head over Countrywide? I thought there was a video of this on youtube................
Do you think Angelo Mozilo, John Thain, Stan O'Neal, Ken Lewis, et al, are all kicking back in their 24-kt gold lounge chairs enjoying the BAC shit storm show? I'm sure their personal chefs and butlers are busy bringing them the finest popcorn money can buy!
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