[deeciduous]

How many people can withdraw their savings before they shut the banks?

[Twilight]

$this->bbcode_second_pass_quote('deeciduous', 'H')ow many people can withdraw their savings before they shut the banks?

[dinopello]

$this->bbcode_second_pass_quote('Twilight', '')$this->bbcode_second_pass_quote('deeciduous', 'H')ow many people can withdraw their savings before they shut the banks?

[Twilight]

$this->bbcode_second_pass_quote('dinopello', 'I') don't think 100% of the people could get their cash. Has something to do with our fractional reserve banking system.

[Iaato]

$this->bbcode_second_pass_quote('Twilight', ' ')literally fight. It's your creditworthiness or theirs, it's their pick, and "they" are not the banks. Some will screw up, but I do not expect to see the US among them. You know they are about to get a willing new labour pool. They will be able to control it better if they practice self-discipline and stand back now.

[HEADER_RACK]

Fitch downgrades SCA

Another bond insurer downgraded.

[emersonbiggins]

S&P reaffirmed Ambac's & MBIA's ratings on Monday, sending the stock market into an upward frenzy. Armageddon is postponed another day.
$this->bbcode_second_pass_quote('', 'S')tocks Rise As Ambac Ratings Reaffirmed Monday Feb 25, 3:00 pm ET By Joe Bel Bruno, AP Business Writer
Wall Street Surges As Standard & Poor's Reaffirms Ambac and MBIA Ratings
NEW YORK (AP) -- Wall Street bolted higher Monday after Standard & Poor's affirmed its ratings for Ambac Financial Group Inc. and MBIA Inc., raising hopes that troubled bond insurers will emerge from the credit market crisis on solid footing.
There has been speculation that Ambac might find sufficient capital early this week to hold onto the stellar "AAA" rating it needs to remain in the municipal bond business. Rating agencies including S&P have been under pressure to downgrade the insurers, particularly Ambac, after they had weakened their financial positions by insuring subprime mortgage securities that later collapsed. ...

[roccman]

Yes EB...we are not in Kansas anymore... Gives me time to back the XLF put truck up...

[emersonbiggins]

Hey rocc, think this news will help out the muni auctions, or are buyers going to see through this latest billow of smoke & mirrors? My guess is that bond buyers are a bit more savvy than today's pump monkeys.

[seahorse2]

Keep in mind that the affirmation of the AAA rating will not pay the defaulting mortgages, which is, of course, the underlying problem. You can't wallpaper over rot and expect it to go away.

[roccman]

$this->bbcode_second_pass_quote('emersonbiggins', 'H')ey rocc, think this news will help out the muni auctions, or are buyers going to see through this latest billow of smoke & mirrors? My guess is that bond buyers are a bit more savvy than today's pump monkeys.

[ColossalContrarian]

If the insurers are getting bailed out then what’s the point of having insurers? Why not just have the FED bail people out when there’s a problem. Skip the middle-man, no need for all these alphabet rating systems. It’s Wall Street not Sesame Street!

[roccman]

$this->bbcode_second_pass_quote('ColossalContrarian', 'I')f the insurers are getting bailed out then what’s the point of having insurers? Why not just have the FED bail people out when there’s a problem. Skip the middle-man, no need for all these alphabet rating systems. It’s Wall Street not Sesame Street!

[roccman]

$this->bbcode_second_pass_quote('', 'I') feel like crawling under a rocc, I have a quick question... How would you structure a portfolio? What are the percentages / ratios / weighted toward cash, bonds, equities, bullion, money under the mattress, collecting seeds ... etc?

[Flowerr]

You guys are likefarmers trying to sell the healthy cows in a mad cow plague.
What energy wasted. All the cows are going to die, forget about it, and get ready...

[roccman]

This is not good at all....

[RonMN]

I can't access tickerforum while i'm at work...please clue me in.

[Novus]

Nothing good in that link anyway.

[roccman]

$this->bbcode_second_pass_quote('RonMN', 'I') can't access tickerforum while i'm at work...please clue me in.

[highlander]

$this->bbcode_second_pass_quote('ColossalContrarian', 'I')f the insurers are getting bailed out then what’s the point of having insurers? Why not just have the FED bail people out when there’s a problem. Skip the middle-man, no need for all these alphabet rating systems. It’s Wall Street not Sesame Street!