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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Gold up $70 to $850,,,cause the Chinese newspapaer article said that the Chinese were going to start drawing down on the US $ as a reserve currency. Whoops they see trouble ahead for the US government.
3 Month US Treasurys at .66% interest..the news said that in actuality at one point you had to pay to own the security. Safe haven
The FED has used half of its capital in bailouts. However that is not fair, they are loaning 85B to AIG at 12%.
WAMU is up for sale
Morgan Stanley....wants to merge
Barclays just bought Lehmans Brokrage unit
Lloyds or is Barclays is going to by HBOS..
CALSTERS....said they would not allow their shares to be shorted....OUUUU guess they see themsleves going down in a death spiral if they didn't act.
NO More Naked Short...well that was yesterdays prediction
NAV MOney Market at LEHMAN....broke the buck rule. I always said your MOoney market accounts were not safe.
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"Some Observer"
Last edited by tabs; 09-17-2008 at 03:44 PM..
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