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| User Info | Sheila Bair and Obama - Cut The Crap in forum [Ticker] | |||
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Genesis Posts: 71432 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/736-Sh....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-01-21 13:22:37
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Stonedog Posts: 1105 Incept: 2008-05-29
New Jersey Online
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Karl, nice catch. Missed her saying 3Q until you pointed it out and that's the sort of thing I look for. Great video... ---------- "F**k CNBS, CONgress, Obama, the Democrats, the Republicans, the ratings agencies, the Banksters, the Fed, the FASB, all the government regulatory agencies, the Trilateral Commission, the Council of Foreign Relations, the G whatever, the UN, and any other bastard or big corporate interest that has a fingerprint on this
2009-01-21 13:34:12
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Wthef Posts: 620 Incept: 2008-02-25 
philadelphia
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i caught that interview this morning and wanted to throw my coffee at the tv when she had that smirk on her face when asked that question..can i send this video to bob casey. the jerkoff that told me everything they do is in the best interest of the taxpayer. i know your busy but these videos are great and hit the nail on the head.. thanks a million for everything ---------- "I had to look at her today and sat there staring at her bronze naked body laying in the sun, a flaming red candle in her hand she took me in. Her figure consumed me 36-32-34 and said "take me" I stumbled forward as I engaged her stare and she pulled me down towards her. I ripped off my shirt and dropped my pants, we f
2009-01-21 13:37:49
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Themortgagedude Posts: 3930 Incept: 2007-12-17
saint louis
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The big banks are all walking dead. HSBC and Wells, JPM, Citi all dead from their own lending. BAC what a bunch of dumb****s - they stay out of the mess for the first year and then jump headfirst into Countrywide and Merril's problems. Ken Lewis may not be the biggest villain in this episode but he surely wins the Barney Fife award for incompetence. I like USB - especially at todays price, but I can't think of any others. There are thousands of little banks who have done business the right way and they're fine. Had a meeting with one the other day and asked him how it was to pay for all the big banks mistakes. He owns a small national bank and is a Fed member bank - he knows he's not getting his money back. ---------- "These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"
2009-01-21 13:37:58
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Genesis Posts: 71432 Incept: 2007-06-26
KD^2
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Do it! Either send 'em the Ticker link or look on my Youtube channel - its up there. ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-01-21 13:38:22
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Berkleyreindeer Posts: 560 Incept: 2008-07-22 Minneapolis , MN
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forgetting about recent 30 delq's which are doing a moonshot, I wonder if the regulators have even done the balance sheet math if REO was carried at even 80% of tax value and goodwill = zero. kaboom for 2/3rds of the shareholders. and a side note: someone should start a list of all the reps & senators who are known to be literate with a balance sheet. Schumer can, I assume Kerry (MA) can, Kohl (WI) is a billionaire businessman... ---------- It'll get worse. Just wait.
2009-01-21 13:52:26
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Earmark Posts: 6 Incept: 2008-02-28
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http://en.wikipedia.org/wiki/Fiscal_yearQuote:....... The U.S. government's fiscal year begins on October 1 of the previous calendar year and ends on September 30 of the year with which it is numbered. ....... What fiscal year and/or quarter is being referenced?
2009-01-21 14:06:14
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Genesis Posts: 71432 Incept: 2007-06-26
KD^2
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They're counting calendar years, I suspect. If its 3Q then its even worse as that would be JUNE of 2008. ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-01-21 14:07:21
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Blackswan Posts: 3601 Incept: 2007-11-06 
Ponzi Roller Coaster
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Wthef - Arlen Specter is a jerkoff too. I will send this to both jerkoffs. ----------
2009-01-21 14:10:41
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Stormsailor1981 Posts: 8449 Incept: 2007-06-26
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send him a magic bullet
2009-01-21 14:35:28
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Blacknapkins Posts: 71 Incept: 2008-10-28 MO
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Or a magic unicorn.
2009-01-21 14:46:18
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Mdkeefe Posts: 1 Incept: 2008-09-14 Temple GA
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I laughed out loud while I was listening to this on CNBC(thanks Sirius!). The December 31, 2008 Call reports should start hitting in the next 10 days and when they do I bet Sheila will not be able to make that same claim. I've looked at a number of them for banks here in Georgia. They make for some interesting and concerning reading. Couple that with what I have seen some of these banks doing with modifications for their customers and it's clear that many of the multimillion dollar A&D and construction loans are worth a fraction of what they are booked at. Many are simply continuing the game of kick the can down the road.
2009-01-21 17:27:35
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Mtpaul Posts: 61 Incept: 2008-12-06 alaska
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some people don't deserve to have a tounge.. ---------- woof.. bad doggie no biscuit
2009-01-21 20:37:47
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Tdray Posts: 115 Incept: 2008-12-11
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Great video! I just sent the link to my Senator. I also told him that the massaging by Ms Bair is getting very old, and more and more Americans are catching on and getting a little tired. Fortunately Senator Bunning is anti TARP. I will sending Tea to DC next week. I have had enough of this S**T.
2009-01-21 20:55:49
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