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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
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Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
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Countrywide: Potential Short Squeeze in the Offing
Let us count the ways – This fruit-cake - IDIOT – has used Gods word – and mangled it so much – nobody could understand it.
But – lets say no-more – then – this is the same fool that slept with haggard – and toe-tapped with other repubs….
Dobson – The GAY fool in leather with Rovey ……….
IRAQ WAR OF LIES – OR A CHRISTIAN CONSERVATIVE CAMP????
WHERE DO YOU WANT YOUR KID SLEEPING TONIGHT????
Heck you should just be sleeping with countrywide ….
But lets forget all the DOBSON gay stuff – this is the same FOOL-IDIOT that pushed the IRAQ WAR OF LIES – and told you bush-co was GOD himself….
So lets TAR and feather this IDIOT first – where is your cheap GAS? Where is your cheaper food? Where is your secure JOBS?
NOW lets talk about how these IDIOTS distorting – GODS WORD >>>>>&g...
……..
Countrywide: Potential Short Squeeze in the Offing
HUMMMMMMMM Americans terrorized by high gas prices - terrorized by - Mortgage companies - throwing them out of there house - terrorized by high food prices - and terrorized by will they have a job or not.
I think Americans know by now - the real terrorist are the rich-greedy - foot tapping repubs.
So basically - if the Osama "which the repubs like to let go" attacks the rich-greedy - Americans down-right don't give a "you know what”!!!!!
Here's to you rich-greedy repubs - you don't love Americans - Americans will return the favor - Cover your own back - Americans no-longer will fight for IDIOTS >>>>>&g...
The hazels at the air-ports – would show how stupid repub-security is – no border security – bring out the right wingers – yelling told you so. No port security –
Spy on Americas immunity bills ………
Go for it IDIOTS – let something happen – Americans would show-up in Washington and TAR and feather every repub out there.
New Lender Guidelines To Help Struggling Homeowners
No that is a great solution – give the free-traders – open Markets to manipulate the oil prices – and now – The repubs wants to give them – low cost American oil – to sell back to Americans at the high cost.
War of LIES – to say oil will be cheap with there – IRAQ war of LIES – and now more LIES oil will be cheap if we steal American oil and gas.
Until the OIL ENRON LIKE free-traders are regulated – They’ll just keep stealing and destroying America – Just like Countrywide and all the others.
Time to post everywhere - - The Enron samples of how they steal from America – Let Americans – Know what they do and how they do it.
MARKET TRADER LAUGHING AT AMERICANS – ONCE AGAIN.
TIME TO TAKE BACK AMERICA – PROSICUTE THE THIEFS!!!!
POST THE VIDS – OF THEM LAUGHING AT AMERICANS.
Holy Dow - Fast Money Recap (6/5/08)
The So-Called-Master-Mind of 9/11 – Can be Castrated and left in prison – To forever know – He’s going to His Heaven of Virgins – Knowing – It His will be his living hell - Forever.
And with The Constitutional Amendment - anyone that destroys another life – Through manipulation and flat out fraud and theft - on a massive scale – Like all the sup-prime steal your house – destroy your dreams – mortgage company exec’s .
Until these so-called entitlement people understand – there will be consequences for what they do – They will just keep on doing it.
You destroy the American People – or The World people – on a massive scale – You will forever be sent through your after life – Being less than a man.
If your eye offends you pluck it out – if your hand offends you chop it off – if you offend the world – They will cut them off. Americans doing there patriotic duty - Calling for a just and fair Constitutional Amendment – To insure Justice for All.
More on HELOCs, Second Liens and Rose Colored Glasses
for there down payment - and get good monthly - payments -everyone can meet.
```````
California Municipalities Helping Homebuilders - Housing Tracker
Well boys and girls – now that countrywide has – Got a little of whats coming down the pike – Just wait till there spending billions – On removing squatters – and corpo liens ……..
Heck – I could make a living off – Just squatting in Countrywide House’s.
The Rich-Greedy – Needs to Know – American Justice System – Is a two way sword.
We did everything we could – to have worked things out – But as you see with Gonzilo – He never did care about anything but his money.
So since he used the laws to steal 25,000 – from me - and more from all the American people – Then let his company and all the rich-greedy banks – die by the law.
Find a house – move in – millions of lawsuits to evict – everybody – courts overwhelmed – after 7 years – it’s your home.
What’s that saying – just give the rich-greedy enough rope to hang themselves?
Hey Mozilo – Just make sure – there are film crews around – when you jump from a window – Okay? - That way – It can be - YouTube’s most popular.
Humm – Now where to post what to do?
An Involuntary Transaction: Why BAC + CFC May Never Close
Hillary Should be denouncing – Her alliance to Known Racist’s – That show overwhelming support for her.
Why is the Justice Dept – allowing such IDIOTS – to instigate – a Racial War????
Nothing more would satisfy the racist – with bitter dem convection – and Hillary is going right along with it.
Karl rove is pushing – for a racial divide – through – by simply pushing – job loses – The freed-trader are not at fault – it’s the blacks and Mexicans taking your jobs – IF you want a great white savor – all white - for just the white .
Rush and Hannity – are pushing for Hillary – because they cannot stand – the fact – A half minority – would protect everybody.
Hannity's Soul-Mate of Hate
This year a man named Hal Turner sat before his computer at his suburban home in North Bergen, New Jersey, posting bomb-making tips on “”” his website, www.onepeoplesproject.... “””hailing the firebombing of an apartment containing "Savage Negroes" and calling for the murder of immigrants. "When enough illegal aliens get killed they will stop coming to the country!" Turner wrote.
Turner was once a prominent activist in New Jersey's Republican Party. To area conservatives, he was best known by his moniker for call-ins to the Sean Hannity Show, "Hal from North Bergen." For years, Hannity offered his top-rated radio show as a regular forum for Turner's occasionally racist, always over-the-top rants. Hannity also chatted with him off-air, allegedly offering encouragement to Turner as he struggled to overcome a cocaine habit and homosexual leanings. Turner has boasted that Hannity once invited Turner and his son on to the set of Fox News's Hannity and Colmes. Today, Turner lurks on the fringes of the far right, spouting hate-laced tirades on his webcast radio show. Hannity, meanwhile, remains mum about his former alliance with the neo-Nazi, homing in instead on the supposed racism of black and Latino Democrats.
Privately-Insured Mortgages Up - Housing Tracker
any taker - we make all or payments - we just want to buy out countrywide.
Pam_steven@yahoo.com
but a easy loan now.
Is Bank of America Rethinking Countrywide's Value?
They wanted to send over - The same Mark Ozan from landsafe - That faked the apprasial last sept....
Are these IDIOTS so used to stealing from people - They would dare to show back up?????
Is Bank of America Rethinking Countrywide's Value?
countrywide - landsafe - apprasiang there own house's???????
You Know When The Crazies Come Out.
Now I don't want any speculation here that I support all the things Bush Has done
- However there are a few things - He did call on help for the poor with owning there
own house - It's just the rich greedy - That took a good thing and made it bad.
Just think - all the families could still be in there house - and making there payments
- housing prices still going up - But nope the greedy got greeder - They want - every
penny out of the poor - but they forgot one thing - you can only get so much blood
out of a turnup.
Simple question? are the Rich-Greedy really as stupid as they pass themselfs off to be?
Bond Trader: Friday Wrap
–adjective 1. having or showing a disposition to avoid exertion; slothful: an indolent person.
2. Pathology. causing little or no pain; inactive or relatively benign: an indolent ulcer that is not painful and is slow to heal.
Bond Trader: Friday Wrap
IN all the indolent of The Clinton in trying to sell real-astute called whitewater – Everybody looked at housing – savings and loan fraud – and or criminal activity However – NO one looked at wire fraud – the appraisals of their whitewater place – were faked – no one bought into it – it went down – but the Clintons and others used – the banking system to push there realistic sales – and No one looked – those fake appraisal using the banking system was fraud.
Just like today – everybody looks at housing laws – when all along – everyone – involved on the saving & loan scandal – committed – wire fraud – not unlike countrywide today.
It all started with a little real estate deal 20 years ago. In 1978, then-Arkansas Attorney General Bill Clinton and his wife, Hillary, joined a partnership with James and Susan McDougal to buy 220 acres of riverfront land and form the Whitewater Development Corp.
The goal was to sell lots for vacation homes. But the partnership did poorly and finally dissolved in 1992, leaving the Clintons reporting a net loss of more than $40,000.
James McDougal also owned a savings and loan association, for which Hillary Clinton did legal work. Due in part to a series of fraudulent loans, McDougal's Madison Savings and Loan was one of many thrifts that went bust at taxpayer expense in the 1980s.
Bond Trader: Friday Wrap
After all they love faking apprasials!!!
Whats to stop them from commeting wire fraud - with any prices????
Only a IDIOT would take anything countrywide say to the bank!!!!!
Aftrer all one count of wire fraud - I proved - now let the millions of AMERICANS - finbd out how countrywide faked there apprasials too.
So if Bank Of America - says there not responsible for countrywides - wire fraud, so a corpo lien against countrywide will work....
Filed - May ? 2008
S.G.Simpson
pam_steven@yahoo.com
all I ever wanted to do is settle this predatory lending......
Will the Next Banking Crisis Originate in Europe?
damn - talk about enough rope to hang yourself with.
Will the Next Banking Crisis Originate in Europe?
You know whats really amazing about the rich-greedy - golden calf-builder - worlds ours dom manidestos????
They really are stupid IDIOTS - thats why GOD was able to destroy so easy - The really do think - stick don't stick to there shit, somebody else stunk up the bathroom.
cyber war-fair, damn the easist think in the world to defend against.
Shall we tell them, NAAAA don't think so - but we will say - instead of CNN - it's a clinton bush - the rich-greedy dribing up the price of oil on you, and if they nuke IRAN - what price would it be now????
so wrong place your attacking!!!!!!
Saving American JObs - just insures - you have a place to sell at, dumbasses - your like a farmer on the side of the road selling weeds - if Americans don't have jobs.
attack again, there will be little choice but to show the IDIOTS how to counter it.
You should be supporting change - and keeping the American buyers, that is unless - your past your countries evolution and giving away your past, for there visions.
aqctually what i would do is start selling - the dollars. and buying euros, if the dips are set on there world manidestos, be in a good position - to team up with russia - to buy europe , and buy just about anything in america they stole, after all Native Americans say they came from there, no need for a war to geyt it back, just buy it.
~WARRIOR~