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Will the duct tape dispensor please run the phuk out already?
Little band-aids, on the patches, on the boxes made of ticky-tacky...
And the fiat, in the bonds, all cut down to zero,
And there all made out of ticky-tacky and they all look just the same.
And the countries, in the south, have people in the streets,
And the riot police are fighting and they all look just the same.
And the Germans, they don't like it, and Merkel has had it,
And here come the Deustchemarks, and the Euro goes away.
how much do these guys get paid?
How much do these guys get laid?
I wish S&P could rate my credit
BAC should unload Countrywide too. In fact, All banks with toxic assets should unload them
into one giant toxic bank and have Goldman Sachs dress up the balance sheet of the new bank
and sell it to the public in an IPO. Just need a catchy name for it.
Call that IPO 'IBank'...fucker would be $500 overnite.
"Maid Hole"...DSK could be president.
The International Maid Fucker as CEO of iBank, that's some idea, every bit of toxic waste bad debt and $5T starting capital lent from Ben Badbanke.
Bank of Amerika?
No, we'll create an SSI 401K, and IPO the bad bank into the retirement fund, and to the general public. Like GM, without the hassle of creating "products" or value, just margin for underwriters. Call Buffet, we'll sell some preferred stock to bleed the profits, and his name is a solid stamp of opproval for why SSI shouldn't miss this chance of a lifetime. Slap a $5 per month fee for breathing, and a -1% rate for SSI accounts, and we have a business model. Why aren't I working for GS, this is ready for the market, just not mark to market.....
Hehe, just like Siemens did with Infineon!
Why dont we just put all the worthless toxic junk into a big space shuttle and send it off to the moon. That should put an end to all the bad assets once and for all.
There's not a rocket big enough...
Maybe we could use a really big rug, with a really big broom.
It'll need a cool logo, something that looks like tit's or even a Va-jay-jay.
We need catchy stock ticker, too.
I think this idea might actually work.
call it 'GS Golden Turd LLP lll'?
All banks with toxic assets should unload them into one giant toxic bank...
Maybe we could call it 'The Fed'.
Freddies Fannie toxic dump fund.
'Dexia failure may be bad'...this scurrilous rumor no doubt will soon be laid at the feet of the mysterious' Zerohedge blog'.
We expect to publish a more detailed analysis of any impact on the credit ratings on Dexia Crédit Local, Dexia Bank S.A., and Dexia Banque Internationale à Luxembourg as soon as permitted to do so under applicable EU law.
Hahaha! but if you really wanna know?
Complete ratings information is available to subscribers of RatingsDirect on the Global Credit Portal at www.globalcreditportal.com. All ratings affected by this credit notice can be found on Standard & Poor's public Web site at www.standardandpoors.com.
L0L!!! the nannies have muzzled S&P, but only "for the time BEing..."
Bear Stearns convulsions
Lehman puke out
What does this remind you of?
I think this is just a shot before the bow... the apparently can not release yet.. downgrades coming
...only after the closing bell in Friday.
So a non-functioning bank taken over by a non-functioning government might not be bullish?
There is function in disfunction, could the Gov do any worse? Bring fries......
What are you talking about? Of course it is bullish, it is bad, after all.
For it to not be bullish, it would have to be... umm...
The funny part is all these bankrupt banks are STILL rated A-anything at all! WTF would a C rated bank look like? Heroin shooting den in the lobby?
Glory holes in the executive washroom.
sticking a plunger handle up one's ass also "may be a bad thing"
Not if your Barney Frank....... hot plunger to mouth action!
As well as surprise shagging a porcupine.
10-05 14:12: Belgium government says reiterates aim to support activities of Dexia...
Belgium what? Hahahaa, just priceless...
iBank, love it, with the slogan
iBank ... insolvency you can believe in
Nah, gotta Apple-ize it.
iBank, do you?
We'll get Lebron James and Ashton Kutcher for the first spot, then nothing but hot chicks after that dropping their debit cards and picking them up then turning around, smiling, and popping the question.
Nah, gotta Apple-ize it.
iBank, do you?
"iBank - yes, your butthole hurts"
Ibank- there's a (print) app for that...
Dexia S.A. announced yesterday that it is preparing measures to resolve structural problems penalizing its operational activities.
I love that language! Could those 'structural problems' include being out of money because everyone knows that the bank is bankrupt?
Ibank - "Do you know where your money is at? No seriously..... do you?"
Love Canal Trust would work.
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