Re: Thinking ahead in the stock market . . . CPI Tomorrow, Leave Your Comments For Beanie Benny Here

"Doobie Keebler" <kooper.db@[EMAIL PROTECTED]
> wrote in message 
news:86133f67-0278-40ca-8ba6-b6861d150185@[EMAIL PROTECTED]
> "FrediFizzx" <fredifi...@[EMAIL PROTECTED]
> wrote in message
>> > Everything is OK with Bear.  It's all due to lack of trust issues
that 
>> > is
>> > giving them tem****ary problems.
>
> On Mar 15, 4:31 am, "John Galt" <whoisjohng...@[EMAIL PROTECTED]
> wrote:
>> That seems to be the case. Bear has the money to meet federal liquidity
>> standards, but once the word got out that they might not, people
started 
>> to
>> run on the bank. No bank in the world can liquidate a high percentage
of 
>> its
>
> Umm... fellas... BSC 's High-Grade Structured Credit Strategies
> Enhanced Leverage Fund, as of Apr. 30, 2007, was already down a
> whopping 23% for the year.
>
> Then, in March 2008 the securities law firm of Klayman & Toskes
> announced that it wass still accepting claims against Bear Stearns on
> behalf of investors around the world, who sustained losses in the High-
> Grade Structured Credit Strategies and High-Grade Structured Credit
> Strategies Enhanced Leverage Funds.
>
> Combined, the Bear Funds had investor capital of about $1.56 billion.
> With this capital, and additional leverage taken out on the capital,
> Bear Stearns bet heavily on the market for subprime mortgages and
> invested in thinly traded collateralized debt obligations.
>
> Its gamble turned out to be wrong.
>
> Investors sued.
>
> BSC tanked as investors ran for the exits.
>
> "Doom and Gloomers" had naught to with that.

Nobody said anything about "doom and gloomers."

You're arguing against a point that nobody made.

JG
>
> .
> .
>
> If you want to blame this mess on unpatriotic 'doom & gloom' left wing
> socialist America-hating sleeper cell agents bent on spreading a
> negative whisper campaign because they hate the USA, I suggest you
> unplug  Fox Business News, get your heads out of your ***** (exception
> granted to Comix: his is permanently stuck and he will require
> abdominal sight-glass surgery.), quit trying to cast this as a
> partisan political issue, and OPEN YOUR ****ING EYES.
>
> We are ALL being preyed upon by rich and powerful individuals who have
> money and political clout to manipulate markets and government
> institutions.
>
> So get your facts straight, for starters.
> http://www.tradingmarkets.com/.site/news/Stock%20News/1160406/
>
>