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Dec 6th, 2017
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Last edited by numan; 09/29/08 01:30 AM.
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I find that the reverberations of Berlin in the 30s are not forgotten by all; but for the most part, people do not even remember. And sadly, the vast population of the US does not want to hear the lingering sounds of money being printed and the ensuing explosion of national pride. The following will also set the fox among the hens. I have been waiting for years for this to happen. Let's hope US regulators can stand their ground.... WASHINGTON/NEW YORK Sept 28 (Reuters) - Hedge fund managers are reluctantly preparing to disclose their short positions to U.S. regulators on Monday, a move set to give a rare public glimpse into their secretive trading strategies two weeks later.
For shareholders who have blamed short sellers for driving down company stocks, it will be a chance to see who is targeting their firm.
It is also an experiment by U.S. securities regulators, putting short sellers briefly on a similar footing to large investors who accumulate stocks and are required to regularly disclose their positions publicly.
Under a temporary Securities and Exchange Commission order, big money managers will have to reveal the number and value of securities sold short each day last week.
The disclosures are part of a series of measures the SEC has undertaken to crack down on market manipulation with an eye to calming markets rocked by a series of bank failures and fears the credit crisis will worsen. Steve - here we are, where's your boots? Fed keeps banks afloat as money market crisis deepensMany people do not agree with the current system of financial instruments, but we have all learned to speak the language, whether or not we agreed with the politics of the players.
"And death is welcome, and death comes - and death is a quiet step into a sweet clean midnight."
- Marshall Davila, circa 1963
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Carpal Tunnel
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Carpal Tunnel
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Get out your wading boots Steve - here we are, where's your boots ![[Linked Image from img.photobucket.com]](http://img.photobucket.com/albums/v730/nc-stereoman/smileys/jaw.gif)
Steve Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)
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European, U.S. Stock-Index Futures Fall; Asian Shares RetreatSept. 29 (Bloomberg) -- European and U.S. stock futures fell after the evaporation of investor confidence spurred a $16.3 billion bailout of Fortis and concern grew a U.S. rescue plan won't prevent more bank failures. Asian shares declined....
Futures on the Dow Jones Euro Stoxx 50 Index, a benchmark for the euro region, decreased 40, or 1.3 percent, to 3,143 at 7:44 a.m. in London. Futures on the Standard & Poor's 500 Index lost 1.2 percent.
``There's more pain to come,'' said Andy Lynch, who manages about $3 billion at Schroder Investment Management Ltd. in London. ``People knew the bailout was going to happen. Now it's back to the same-old same-old of capital writedowns and weekend bailouts. Earnings estimates for next year still are too high.''
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Fed Pumps Further $630 Billion Into Financial SystemSept. 29 (Bloomberg) -- The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression. $188 billion per day was a mere drop in the bucket last week. The Fed is off to save the world! Come on, big fella! Hi-ho Silver [gold?] away...! ___________
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It's the Despair Quotient! Carpal Tunnel
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It's the Despair Quotient! Carpal Tunnel
Joined: Aug 2004
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Congressional House Republicans have voted to defeat the bill.
The Beast is beginning its final hemorrhaging stage.
"The Best of the Leon Russell Festivals" DVD
deepfreezefilms.com
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Joined: Jun 2004
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Carpal Tunnel
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Dow plunges as Congressional Republicans defeat bailoutDown about 500 points at the moment. It has been yoyoing between 400 and 700. Very, very ugly.
Steve Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)
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It's ugly and it'll get uglier. If this does not pass, look for massive layoffs in the financial sector... And with a non existant credit for small businesses look for the layoffs to spread in other sectors as well.
A gem cannot be polished without friction, nor a man perfected without trials. ~Chinese Proverb
The early bird gets the worm, but the second mouse gets the cheese. ~Jon Hammond
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Well, another day of triumph for the New World Order of the American Empire.
We are in free fall. Hope you don't get nose-bleeds from the change in air pressure.
Our great leaders in finance and politics are running around like chickens with their heads cut off, trying to protect their asses!
Markets fall in Asia and Europe, European banks fail, Wachovia here in the U.S. fails, the trumpeted bailout fails, credit markets are frozen, the Fed prints money out of thin air at light speed, and George Bush will say: It's all your fault! (to whomever he might happen to be speaking)
Oh, did I mention that the Dow plunged 778 points today? Biggest one-day drop ever.
______________
Last edited by numan; 09/29/08 08:14 PM.
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Fresh underwear sales in Ireland skyrocket The Irish stock market saw its sharpest one-day fall in more than 25 years today as governments across Europe were forced to bail out three banks and the $700 billion plan to rescue American financial institutions failed to unlock money markets.
The Iseq fell by 493.25 points, or 13.0 per cent, to drop back to 3,291.52 points, its greatest decline in a quarter of a century and greatest ever one-day drop.
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Anglo Irish Bank suffered the most, as its share price was almost halved, declining by €1.98 or 46.2 per cent, to €2.30. This is the steepest drop experienced by the bank since at least January 1987....
"The basic tool for the manipulation of reality is the manipulation of words. If you can control the meaning of words, you can control the people who must use the words."
(Philip K.Dick)
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