Comments on: Weekend Open Discussion

By: Gale Jones

Gale Jones — Thu, 23 Apr 2009 19:19:30 +0000

When a builder is going under who knows what shortcuts they might take. Here is a great resource to make sure you looking at something that is quality made. Now more than ever it’s important to buy a home that will be a good investment.
http://AccurateInspections.com

Thursday, April 23, 2009 3:04:00 PM

By: Laxmi

Laxmi — Thu, 23 Apr 2009 06:41:48 +0000

I dont understand how some ppl have probs wid stress tests, wat wil u do in a real stress situation? do u hav a choice then?

By: 3b

3b — Mon, 20 Apr 2009 15:14:16 +0000

3269 seneca:Overheard: “Anything under $1 million in Millburn is getting multiple offers. Its a very hot market right now.”

Don’t you just love the “expert” neighborss who always seem to be in the know, but are in fact clueless.

By: Kettle1

Kettle1 — Mon, 20 Apr 2009 15:04:23 +0000

Clot,

dont worry, GS will end up with a positive net from that 100% gamble as long as the US government is still functional. just because the AIG slush fund may have dried up doesnt mean they dont have a few more in their back pocket.

A more accurate description would be to chart the Total Credit Exposure to Risk Based Capital of the US taxpayer. Thats what we are really talking about anyway

By: Stu

Stu — Mon, 20 Apr 2009 14:51:58 +0000

Alternate view of stress tests.

http://4.bp.blogspot.com/_GsXvEJY5FMs/Saq66m49_wI/AAAAAAAAARc/2Jff5LiSWq4/s1600-h/Geithner%27s+Stress+Test+(Color)+(2)+1-28-09.jpg

By: bi

bi — Mon, 20 Apr 2009 14:44:11 +0000

243#, re: stress test.

first you need to check is if HSBC is among 19 banks in the first round of stress test before you are too execited about the “leaked” results:

http://www.calculatedriskblog.com/2009/03/stress-test-19.html

By: Clotpoll

Clotpoll — Mon, 20 Apr 2009 14:40:15 +0000

vodka (295)-

But hey…you know those GS guys are the smartest ones in the room, so we can be sure all those positions end up netting positive for them.

Just like JPM’s 88 trill masterpiece of financial engineering.

[sarcasm off]

By: SG

SG — Mon, 20 Apr 2009 14:39:49 +0000

Gary Shilling on Bloomberg,

In-Depth Look – Bank Stress Test – Bloomberg

By: Clotpoll

Clotpoll — Mon, 20 Apr 2009 14:37:47 +0000

grim (294)-

Who needs daily post anymore? We can just start with Nat Turner or some internet spewage from Zero Hedge and entertain ourselves for at least 5-6 hours at a pop.

Have fun. Enjoy the weather…

By: Clotpoll

Clotpoll — Mon, 20 Apr 2009 14:35:10 +0000

tosh (283)-

True or not, that leaked report probably describes the real situation with 90%+ accuracy.

By: Victorian

Victorian — Mon, 20 Apr 2009 14:23:18 +0000

HE (283) -

Looks like Goldman is done making its money going long and raising capital. Now, they have set themselves short.

Gotta admit, smartest guys in the room.

By: SG

SG — Mon, 20 Apr 2009 14:23:07 +0000

Black is Back: Don't Trust Earnings New Accounting Rules, Stress Test is a SHAM!

By: Shore Guy

Shore Guy — Mon, 20 Apr 2009 14:20:22 +0000

As for college, I suspect that for HENRYS the approach will be to get accepted and then defer. The children then go and work, establish a different dimicile (even if it is bogus), and come off mom and dad’s tax form, all to show economic independence. So what if one starts school at 20 or 21, especially if one has picked-up a number of credits at a local 4-year school or community college during the period of working. Most people are going to be working until 70 anyway, and being more mature when diving into full-time studies is not such a bad thing. One can see the huge benefit to work when one looks at the difference between law school graduates who worked a year or two between UG and law school. One also sees this with UG stusents who have some real life experiences before college.

By: bi

bi — Mon, 20 Apr 2009 14:19:52 +0000

300#, soorry. i mean opposite.

By: bi

bi — Mon, 20 Apr 2009 14:18:59 +0000

292#, bob,

when the market moves up, i am 500% long and when the market moves down, i am 500% short. good enough?

>he [288],

I just want to know when he/she/it is 150% long.