meazza

Who knows? Eventually things will get back to normal, but what will it look like on the other side?

Are there non-practicing homosexuals? Wouldn't that just be someone who's straight? Are you really this stupid?

What are stupid people for 1000$ Alex? I know plenty of people my age who make as much as I do yet drive nicer cars, have nice condos and more expensive hookers. The trick is, not to be dumb like them. Of course because of this mess, every Canadian bank is in a shell waiting for the storm to pass which will make it harder for someone like me to get a better job until that happens.

What about the consumers who put themselves into massive debt that they knew they couldn't pay back?

http://www.economist.com/finance/displaySt...atures_box_main Good article on the situation.

I misread your statement originally which is why I disagreed with you. After re-reading it, I agree with you.

The auto makers that are suffering didn't really do much to out do the Japanese in terms of reliability and fuel efficiency... so why shouldn't they suffer?

Thanks for the info. I actually work with corp actions for institutional clients/prime brokerage here in Montreal and our clients like to mostly invest in US Equity. For now...

So in terms of corp actions, this would basically just be a delisted stock with no merger value? The shareholders in Bear at least got some sort of cash from the takeover albeit very little.

Nadal will come out on top.

The GSE's shares would no longer be listed as they will become Fed property. The debt would be backed by the Fed though.

That's some funny sh--...

So, Sundin to Vancouver? Habs?

i heard it took Palin nearly two years before she said her first word!

I rest my case

Since you started posting this board has really lacked in quality, and that's really saying a lot.

I like it. It's well done.

I heard the same news from Soprano. Moron...

Thanks

I am actually in the process of reading Minsky's "Stabilizing an unstable economy". I wonder if this mess will eventually hit hear as the housing market is still doing very well although i attribute it to the resource companies doing fairly well.

A lot of the information that we require to make accurate election decisions are more than available to all of us. Unfortunately what I think is that a lot of people seem to not want to actually hear the truth about our economy and think everything is a "quick fix". For example, the massive loss of shareholder wealth that we have witnessed over the last year is correlated with the massive speculation that went on for the last 5 or 6 years in the housing market and that we need to ride it out. Noone wants to hear that, they'd rather hear that some magical fiscal policy will be implemented and all of a sudden, the markets will boom again.

Yes, but not everyones reality is the same.

Or how about the voters who have the attention span of children who only vote based on what they want to hear rather than reality?

I like this writer. His views are always objective http://www.economist.com/daily/kallery/dis...e=features_box4

It's still a good analysis. The big traders at most banks get whatever they want because of the amount of money they generate during the good times.