VABills Posted February 25, 2009 Share Posted February 25, 2009 There are just certain things the government should not make public. Like what happens if we hit 10% unemployment and home prices lose 20% more. Keep this crap sensitive. All this does is make it look like the government is expecting it, and the markets continue to follow suit. WTF, STFU already. http://money.cnn.com/2009/02/25/news/compa...sion=2009022514 Link to comment Share on other sites More sharing options...
erynthered Posted February 25, 2009 Share Posted February 25, 2009 You mean like when Pelosi or the NYT reveals a secret mission to the public? Link to comment Share on other sites More sharing options...
Adam Posted February 25, 2009 Share Posted February 25, 2009 You mean like when Pelosi or the NYT reveals a secret mission to the public? As long as it isn't a super secret mission that involves Duck Dogers Link to comment Share on other sites More sharing options...
Kingfish Posted February 25, 2009 Share Posted February 25, 2009 There are just certain things the government should not make public. Like what happens if we hit 10% unemployment and home prices lose 20% more. Keep this crap sensitive. All this does is make it look like the government is expecting it, and the markets continue to follow suit. WTF, STFU already. http://money.cnn.com/2009/02/25/news/compa...sion=2009022514 Doesn't the fact that at this moment the Dow is up put a kink in your retarded criticism? I think that the traders are sophisticated enough to understand the purpose of a stress test. Link to comment Share on other sites More sharing options...
VABills Posted February 25, 2009 Author Share Posted February 25, 2009 Doesn't the fact that at this moment the Dow is up put a kink in your retarded criticism? ummmm . retard not sure what you're looking at but at 3:52 it is down 25 points. They have done everything wrong when it comes to the markets and continue to do so. They need to STFU. Link to comment Share on other sites More sharing options...
Chef Jim Posted February 25, 2009 Share Posted February 25, 2009 ummmm . retard not sure what you're looking at but at 3:52 it is down 25 points. They have done everything wrong when it comes to the markets and continue to do so. They need to STFU. How much stock have you bought this week? Link to comment Share on other sites More sharing options...
blzrul Posted February 25, 2009 Share Posted February 25, 2009 You're saying you can't handle the truth? Link to comment Share on other sites More sharing options...
Kingfish Posted February 25, 2009 Share Posted February 25, 2009 ummmm . retard not sure what you're looking at but at 3:52 it is down 25 points. They have done everything wrong when it comes to the markets and continue to do so. They need to STFU. Do you know the difference between 3:36 and 3:52? Link to comment Share on other sites More sharing options...
BuffaloBill Posted February 25, 2009 Share Posted February 25, 2009 There are just certain things the government should not make public. Like what happens if we hit 10% unemployment and home prices lose 20% more. Keep this crap sensitive. All this does is make it look like the government is expecting it, and the markets continue to follow suit. WTF, STFU already. http://money.cnn.com/2009/02/25/news/compa...sion=2009022514 Not sure why you hold your position. Given that we have "soft" nationalization of Citibank and significant positions in others as taxpayer and potential investor I very much want to know what the Fed and Treasury are up to. Personally, I have held off on making any investments in BAC anc C because of the very likely scenario that they will be nationalized. My personal guess is that BAC will survive and C will get broken up. From an investment standpoint they are both pretty risky right now. Link to comment Share on other sites More sharing options...
HopsGuy Posted February 25, 2009 Share Posted February 25, 2009 I think, for better or worse, we've moved into a new age of transparency. The real question is, "If no banks fail this test, does it really count as a stress test?" Link to comment Share on other sites More sharing options...
bills_fan Posted February 25, 2009 Share Posted February 25, 2009 There are just certain things the government should not make public. Like what happens if we hit 10% unemployment and home prices lose 20% more. Keep this crap sensitive. All this does is make it look like the government is expecting it, and the markets continue to follow suit. WTF, STFU already. http://money.cnn.com/2009/02/25/news/compa...sion=2009022514 By the U6 unemployement measure (taking into account people working part-time, but looking for full-time work, those that cannot find a job for 12 months or more etc.), we are already at 16%. If you ask me, their worst case scenario is most likely and a true worst case scenario 30% unemployment, 20% of S&P 500 bankrupt, housing falling 50%, is still on the radar. Link to comment Share on other sites More sharing options...
K-9 Posted February 26, 2009 Share Posted February 26, 2009 There are just certain things the government should not make public. Like what happens if we hit 10% unemployment and home prices lose 20% more. Keep this crap sensitive. All this does is make it look like the government is expecting it, and the markets continue to follow suit. WTF, STFU already. http://money.cnn.com/2009/02/25/news/compa...sion=2009022514 Because this is AMERICA. Warts and all. We have a RIGHT and a RESPONSIBILITY to know. If someone is gonna piss on my back and tell me it's raining, I'll get an umbrella. If somebody is gonna piss on my back and tell me it's piss on my back, I'll change that. Immediately. Link to comment Share on other sites More sharing options...
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