On Apr 1, 2:52=A0pm, Anonymous Sender <anonym...@[EMAIL PROTECTED]
>
wrote:
> Let's Take a Look at "Timely"
>
> =A0 =A0 * Housing is imploding.
> =A0 =A0 * There are $500 Trillion in derivatives that no one can
possibly =
understand the financial risks on.
> =A0 =A0 * A huge ****tion of those derivatives are with JP Morgan (JPM).
> =A0 =A0 * Bear Stearns stock went from $170 to $10 in a year in Shotgun
We=
dding between Bear Stearns and JP Morgan arranged by the Fed
> =A0 =A0 * Questions Linger Over Lehman's Balance Sheet as Lehman
Brothers =
(LEH) is leveraged 31.7 times.
> =A0 =A0 * Citigroup (C) had to be bailed out by Abu Dhabi Deal Raises
Ques=
tions About Citigroup's Health
> =A0 =A0 * Merrill Lynch needed $6.6 Billion Bailout From Kuwait, Mizuho.
> =A0 =A0 * Cost of Capital "Ratchets Up" at Citigroup and Merrill
> =A0 =A0 * Morgan Stanley (MS) sold 9.9% of the firm to China after
handing=
out huge bonuses.
> =A0 =A0 * People are walking away from homes
> =A0 =A0 * Businesses Are Advised To Walk Away from agreed upon deals.
> =A0 =A0 * There is an open public debate on Moral Obligations Of Walking
A=
way
> =A0 =A0 * 1 in 10 of the entire state of Ohio is on food stamps.
> =A0 =A0 * Florida, Ohio, and Michigan are in an economic depression.
> =A0 =A0 * There is No market for Asset Backed Commercial Paper (ABCP)
> =A0 =A0 * German Banks Fears Global Meltdown caused by US subprime debt
> =A0 =A0 * There is a $1.1 Trillion HELOC Problem
> =A0 =A0 * Unemployment is poised to soar.
> =A0 =A0 * Commercial real estate is massively overbuilt and poised to
plun=
ge.
> =A0 =A0 * Goldman Sachs (GS) is calling for another $460 billion in
writed=
owns.
> =A0 =A0 * The SEC Openly Invites Cor****ations To Lie.
>
> Gee, that sure looks "timely" to me.
Timely has just arrived to be followed by screwdly.... these will
drink beer get drunk and eat pizza, as the US citizens allow those who
created the mess, while commintting massive frauds to walk free.....
and keep the hundreds of millions they got paid to do it,'
such a nation, run by idiots, and an electorate of the same stripe can
do nothing else but collapse.... its been that way with nations from
the beginning of recorded history,... every bit of it is timely,
Phil Scott
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