nikoschopen
2,824 posts
msg #58826
- Ignore nikoschopen |
1/8/2008 3:42:50 PM
Didn't somebody earlier predicted that CFC would go kaput? Sure, I thought so.
More sooner than later, one of them institutional banks will follow CFC to its demise. Could it be Citi or Bear Stearns?
|
johnpaulca
12,036 posts
msg #58830
- Ignore johnpaulca |
1/8/2008 4:03:15 PM
Nikko...how about CIBC??? I think Power financial (PWF) should buy them out. National Bank in Quebec is having similar problems.
|
rtucker
318 posts
msg #58835
- Ignore rtucker |
1/8/2008 4:59:01 PM
http://www.beearly.com/pdfFiles/BCAsep07_05sr.pdf
This is a good read on some of our past crisis.
Overzealous risk has seemingly always been hedged by the "Fed/Treasury/Greenspan/Bernake put" where we pay the premium.
|
nikoschopen
2,824 posts
msg #58836
- Ignore nikoschopen |
1/8/2008 6:27:30 PM
What's more notable is that whenever we're in a bull market, we're led to believe that "oh, it's different this time around." But when we're in a bear market, the whole mantra lands on "it's all the same crap."
BTW tell Bernanke to take his med for once!
|
astroanalyst
48 posts
msg #58838
- Ignore astroanalyst
modified |
1/8/2008 11:19:20 PM
@ rtucker...thanks for read...interesting...
@ nikoschopen...unfortunately, it appears Mr. Bernanke will not be taking any "medicine", as he is apparently under strict orders to continuing pushing "the agenda"...
Looks like bye-bye good 'ol Dollar...it's been nice knowin' ya...
All aboard the Amero...Next stop...The North American Union...
GLTA!
|
nikoschopen
2,824 posts
msg #58848
- Ignore nikoschopen |
1/9/2008 11:27:21 AM
Red Alert: CFC broke below its 10 YEAR LOW!!!
What's up, doc!
|