Barclay is saving Lehman.
) 
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts
WASSUP?!?!?!?
No cut, WTH? Dow rallies??? WTH???
Petrobras +4.5%? My long is in
LONG OIL LONG LONG HURRICANE LONG COMMODITIES, SHORT SUPPLY, LONG DEMAND 
No bailout said the Fed 2 days ago - words come and go
American International Group may work out some kind of deal with the Federal Reserve to shore up its finances by the end of the day, CNBC has learned.
There is no such thing of "some kind of deal with the Fed". There is bailout, no bailout with the Fed
No cut, WTH? Dow rallies??? WTH???
Petrobras +4.5%? My long is in
LONG OIL LONG LONG HURRICANE LONG COMMODITIES, SHORT SUPPLY, LONG DEMAND No bailout said the Fed 2 days ago - words come and go
American International Group may work out some kind of deal with the Federal Reserve to shore up its finances by the end of the day, CNBC has learned.
There is no such thing of "some kind of deal with the Fed". There is bailout, no bailout with the Fed
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts
Cramer:
“It’s the number one institution in the world right now that must be saved,” Cramer said of AIG. “Everything else could go, except for AIG. The markets would freeze and they would not open tomorrow.”
My charts frozen?!? No WAY!!! Bail the MFer out!!! To hell with the taxpayers. If they were as greedy as we are, they would know what we are talking about!!!
Damn hard ass working people.
“It’s the number one institution in the world right now that must be saved,” Cramer said of AIG. “Everything else could go, except for AIG. The markets would freeze and they would not open tomorrow.”
My charts frozen?!? No WAY!!! Bail the MFer out!!! To hell with the taxpayers. If they were as greedy as we are, they would know what we are talking about!!!
Damn hard ass working people.
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts
HOT NEWS
AIG Increasingly Likely to Get Huge Bridge Loan from Government, Avoid Bankruptcy: Sources (More to Come)
-CNBC
HUUUUGGGEEEE Bridge Loan. Not a bailout
AIG Increasingly Likely to Get Huge Bridge Loan from Government, Avoid Bankruptcy: Sources (More to Come)
-CNBC
HUUUUGGGEEEE Bridge Loan. Not a bailout
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts
It's pretty sad that it's come to this...
Rooting for economic turmoil so that I can let my profits run on half-a-lot with USD/JPY and GBP/JPY.
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts
HOT NEWS
AIG Increasingly Likely to Get Huge Bridge Loan from Government, Avoid Bankruptcy: Sources (More to Come)
-CNBC
HUUUUGGGEEEE Bridge Loan. Not a bailout
American International Group will avoid bankruptcy with the help of an $85 billion loan (WTF??????) from the federal government, in exchange for an 80 percent stake in itself, sources told CNBC.
(...)
The Fed's financial aid for the troubled insurer marks a reversal of its decision
on Monday to refuse a bridge loan to AIG. The Fed met with the company's advisers throughout Tuesday and came to a better understanding of what is needed to help the company through its current crisis, people familiar with the negotiations told CNBC.
All I can read is: BS BS BS Fed BS BS AIG BS BS $85,000,000,000 BS BS BS Bailout
Dow futures +49 afterhours.
- Joined May 2007 | Status: Trader | 4,716 Posts
Ehh, or maybe not...
Up 58 points??
I guess those pound bulls....are looking for a 9-0 decision for the minutes tomorrow.
HOLLA
- Joined May 2007 | Status: Trader | 4,716 Posts
HOT NEWS UPDATE
American International Group will avoid bankruptcy with the help of an $85 billion loan (WTF??????) from the federal government, in exchange for an 80 percent stake in itself, sources told CNBC.
(...)
The Fed's financial aid for the troubled insurer marks a reversal of its decision
The Fed met with the company's advisers throughout Tuesday and came to a better understanding of what is needed to help the company through its current crisis, people familiar with the negotiations told CNBC.
All I can read is: BS BS BS Fed BS BS AIG BS BS $85,000,000,000 BS BS BS Bailout
Dow futures +49 afterhours.
So who will they bail out next?......Citi/Merrill????.........
HOLLA
Fed had no choice...especially when they kept rates on hold.
So who will they bail out next?......Citi/Merrill????.........
HOLLA
We just provide huge bridge loan in exchange for shares, assets, veto rights, etc. BUT MARK MY WORDS.. NO BAIL OUT!!!
BS...
- Joined May 2007 | Status: Trader | 4,716 Posts
BAIL OUT???? Who said BAIL OUT?? HELL NO!!!!!!!!!!!!!!!
We just provide huge bridge loan in exchange for shares, assets, veto rights, etc. BUT MARK MY WORDS.. NO BAIL OUT!!!
BS...
HOLLA
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts
Oh I'm sorry, I forgot you were talking about The Fed....who can use different words that mean the same thing......
HOLLA
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Fed bought 80% of AIG for $85 billion. It's not a bailout. Fed went long AIG
Trading Levels with WRBs
- Joined May 2007 | Status: Trader | 4,716 Posts
Fed bought 80% of AIG for $85 billion. It's not a bailout. Fed went long AIG.
- AIG "Bailed Out", Ex-Allstate CEO to Take Helm Former Allstate CEO Edward Liddy will be the new CEO of AIG, which was rescued by an $85 billion loan from the Fed, in exchange for an 79.9% stake in itself.
Looks like a "Bail Out" to me......
HOLLA
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts
From CNBC.com:
- AIG "Bailed Out", Ex-Allstate CEO to Take Helm Former Allstate CEO Edward Liddy will be the new CEO of AIG, which was rescued by an $85 billion loan from the Fed, in exchange for an 79.9% stake in itself.
Looks like a "Bail Out" to me......
HOLLA
Bloomberg:
Fed Takes Control of AIG in $85 Billion Bailout to Prevent Record Collapse
From CNBC.com:
- AIG "Bailed Out", Ex-Allstate CEO to Take Helm Former Allstate CEO Edward Liddy will be the new CEO of AIG, which was rescued by an $85 billion loan from the Fed, in exchange for an 79.9% stake in itself.
Looks like a "Bail Out" to me......
HOLLA
Looks like The Fed's vocabulary is much "richer" than the media's.
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,670 Posts