Posted by pepperwu on 14th of Sep 2008 at 08:45 pm
futures could bounce if a package is announced by the large
banks, a la long term capital style. noone wants to see a
disorderly liquidation.
as a foreigner can I ask what national government would EVER
allow its major banks to get into so much trouble? this is going to
criple the US economy growth for years to come and the new new york
will now be HK or Singapore
Posted by pepperwu on 14th of Sep 2008 at 08:52 pm
btw. why doesn't congress move to impeach the following (its
possible to impeach someone after leaving office):
Chairman Greenspan
Treasury Secretary Snow
President Bush
Also, what are the chances of the next Attorney General (Fed or
NY) charging all former CEOs and a number of other executives under
the RICO statutes or with conspiracy?
Greenspan -- isn't he emabarressed by what he's done?
No. He continues to speak. He says "housing will bottom
in the firat half of 2009, although prices will continue to drift
lower for at least eight months after that."
What does that mean?
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
futures could bounce if a
Wow that was like taking Candy from a baby, the ...
Posted by pepperwu on 14th of Sep 2008 at 08:45 pm
futures could bounce if a package is announced by the large banks, a la long term capital style. noone wants to see a disorderly liquidation.
as a foreigner can I ask what national government would EVER allow its major banks to get into so much trouble? this is going to criple the US economy growth for years to come and the new new york will now be HK or Singapore
btw. why doesn't congress move
Posted by pepperwu on 14th of Sep 2008 at 08:52 pm
btw. why doesn't congress move to impeach the following (its possible to impeach someone after leaving office):
Chairman Greenspan
Treasury Secretary Snow
President Bush
Also, what are the chances of the next Attorney General (Fed or NY) charging all former CEOs and a number of other executives under the RICO statutes or with conspiracy?
Greenspan -- isn't he emabarressed
Posted by Michael on 14th of Sep 2008 at 08:59 pm
Greenspan -- isn't he emabarressed by what he's done? No. He continues to speak. He says "housing will bottom in the firat half of 2009, although prices will continue to drift lower for at least eight months after that."
What does that mean?