[roccman]

A run on these bad boyz would bring the house down...

Link

All rumor ...of course

[seldom_seen]

All we need now is a government official to be taken out for "having sex with prostitutes." OMG!

Then maybe the deal will go down this weekend where Goldman Sachs buys Lehman for .05 cents a share on Sunday afternoon and the Fed backs up 80 billion dollars of their debt.

I love the free market.

[roccman]

$this->bbcode_second_pass_quote('seldom_seen', 'A')ll we need now is a government official to be taken out for "having sex with prostitutes." OMG!
Then maybe the deal will go down this weekend where Goldman Sachs buys Lehman for .05 cents a share on Sunday afternoon and the Fed backs up 80 billion dollars of their debt.
I love the free market.

[Dreamtwister]

You know, when Bear Stearns went belly-up back in March, I asked on my blog "Who's next?" My top 3 picks were Lehman Brothers, Washington Mutual and MF Global.

With my track record lately, half of me wants to unwind some of my PM position to cash in on these failures. The other half of me wants to run out and take physical posession while I can.

Decisions, decisions...

[Iaato]

$this->bbcode_second_pass_quote('roccman', 'I') don't think the fed has the sheet to back LEH.
Congress will sure as hell NOT authorize another JPM/BSC bailout in an election year.

[roccman]

$this->bbcode_second_pass_quote('Iaato', '')$this->bbcode_second_pass_quote('roccman', 'I') don't think the fed has the sheet to back LEH.
Congress will sure as hell NOT authorize another JPM/BSC bailout in an election year.

[Iaato]

$this->bbcode_second_pass_quote('Iaato', 'I')'ll take you up on that one, Rocc. I think they can and will continue to authorize M&A bailouts with JPM the bagholder. Betcha?

[Peleg]

The house of cards falls; aces and eights, kings and queens and fools.

[EnergyUnlimited]

http://news.bbc.co.uk/2/hi/business/7434776.stm

It begins to like Bear Stern bis.

[municipal]

$this->bbcode_second_pass_quote('Iaato', '')$this->bbcode_second_pass_quote('roccman', 'I') don't think the fed has the sheet to back LEH.
Congress will sure as hell NOT authorize another JPM/BSC bailout in an election year.

[hope_full]

$this->bbcode_second_pass_quote('', 'o')ver 1.5 trillion has been given fre since november, to the banks. It is easy to print.

[pup55]

$this->bbcode_second_pass_quote('', 'A')re you saying that the federal government has printed $1.5 trillion since November? Doesn't printing money lead to hyper-inflation (such as Germany, post WWI)? And how do you know that they've printed $1.5 trillion?
And lastly, isn't that an efficient way to bring down a government - to ruin their economy through introducing massive amounts of printed currency into their economy?

[seahorse]

Pup,
In the words of Darth Vader "I find your lack of faith disturbing."

Yes, soon, North American may become synonymous with South America for a myriad of reasons, least of which will not be graft, corruption, run away inflation (prices, however one wants to define it).

[roccman]

$this->bbcode_second_pass_quote('Iaato', ' ')At least one bailout, to merge with JPM again. It doesn't have to go through (too many variables there with too long of a timeline), it just has to be bailed out in the short term. These jokers will do anything to keep the derivative chain from cascading.

[Denny]

The ultimate irony is that Helicopter Ben announced just yesterday that the Fed wil be pursuing a much stronger U.S. dollar.

[catbox]

From Bloomberg this morning:

http://www.bloomberg.com/apps/news?pid= ... refer=home

[roccman]

$this->bbcode_second_pass_quote('catbox', 'F')rom Bloomberg this morning:
http://www.bloomberg.com/apps/news?pid= ... refer=home

[canis_lupus]

Help a brother out here rocc -
1. Lehman has a run on it
2. the Fed can't / won't bail it out.
3. it goes under and is folded into a stronger bank for pennies on the dollar
4. investors lose their capital. depositors lose their deposits over the FDIC - guaranteed amount...?
5. ?
I guess I don't know enough about how a major bank failure affects the economy. Is it confidence or hard dollars?

Can somebody give me a two sentence "set me in the right direction" answer?
Much obliged,
Lupus

[roccman]

$this->bbcode_second_pass_quote('canis_lupus', 'H')elp a brother out here rocc -
1. Lehman has a run on it
2. the Fed can't / won't bail it out.
3. it goes under and is folded into a stronger bank for pennies on the dollar
4. investors lose their capital. depositors lose their deposits over the FDIC - guaranteed amount...?
5. ?
I guess I don't know enough about how a major bank failure affects the economy. Is it confidence or hard dollars?
Can somebody give me a two sentence "set me in the right direction" answer?
Much obliged,
Lupus

[Iaato]

$this->bbcode_second_pass_quote('canis_lupus', '1'). Lehman has a run on it
2. the Fed can't / won't bail it out.
3. it goes under and is folded into a stronger bank for pennies on the dollar
4. investors lose their capital. depositors lose their deposits over the FDIC - guaranteed amount...?
5. ?