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Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday
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Anonymous Coward
User ID: 496154
9/14/2008 10:41 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Guess the Zetas were right about bank collapse. I've been observing their comments for over a year and this is EXACTLY what they stated would happen. I even got into heated discussions with economic professionals and they thought I was nuts.
Now, I'm not normally one to get into a "zeta's right vs. zeta's wrong" argument, but their predictions are available for all to see.
This is going to be a rough ride! Although I'm more inclined to believe David Wilcox's theory regarding a "self organizing economy". I'm not too worried, but the fundamental economic position of the United States is in the process of reorganization. |
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Anonymous Coward
User ID: 496154
9/14/2008 10:43 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
I hope the entire fuckin world market/s get royally screwed. For people to get rich at the expense of someone's labor in a 3rd world country is just wrong!! We need to have a gold backed dollar again. The USA has come out of bankruptcy, so why is it still operating in bankruptcy?
The USA was completely bankrupt when the private bankers offered to bail it out. THat was 1913. Those private bankers became the Federal Reserve System. The USA has been in several forms of bankrupcy since then, but has not been OUT of bankrupcy since then. Still bankrupt, just like nearly 100 years ago.
BTW, we the people still OWE those private bankers about half of the cost of WWII. Quoting: Anonymous Coward 502659
We don't owe them shit. Those bastards profiteered from both sides of the war. So my response is "fuck 'em"! |
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Anonymous Coward
User ID: 503475
9/14/2008 10:43 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
The head of bond fund Pimco, Bill Gross, said a Lehman bankruptcy risks an "immediate tsunami" because of the unwinding of derivative and credit swap-related positions worldwide in the dealer, hedge fund and buyside universe. |
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Anonymous Coward
User ID: 496154
9/14/2008 10:44 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Bless Dennis Kucinich for standing up for government transparency! He's a REAL patriot! |
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Anonymous Coward
User ID: 496154
9/14/2008 10:44 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
The head of bond fund Pimco, Bill Gross, said a Lehman bankruptcy risks an "immediate tsunami" because of the unwinding of derivative and credit swap-related positions worldwide in the dealer, hedge fund and buyside universe. Quoting: Anonymous Coward 503475
Good! Maybe my mortgage documents will be lost in the process! |
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Anonymous Coward
User ID: 480936
9/14/2008 10:53 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
No wonder Jesus got so pissed with the money changers! Bunch of Satanist out to screw the good people of the world out of everything they have! |
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Anonymous Coward
User ID: 195267 (OP)
9/14/2008 11:06 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
No wonder Jesus got so pissed with the money changers! Bunch of Satanist out to screw the good people of the world out of everything they have! Quoting: Anonymous Coward 480936
Isn't it interesting too that only the Muslim people still follow Jesus and make it illegal for banks to charge interest so their people don't get caught in debt traps??? |
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Readytoride
User ID: 503495
9/14/2008 11:08 PM
 | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
And so it unfolds......
 |
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Anonymous Coward
User ID: 480242
9/14/2008 11:08 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Stock market activity on a Sunday?
I'm betting we'll see a 'terrorist' strike sometime soon. They opened on Sunday to manuever themselves into a position of saftey and profit from whatever they have planned to bestow upon us.
Probably no more than a few weeks out. |
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Anonymous Coward
User ID: 388915
9/14/2008 11:12 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Sunday meeting... lol
They are going to f...ck the Asian markets in the asssssss... |
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Anonymous Coward
User ID: 503504
9/14/2008 11:27 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday
NEW YORK (Reuters) - A rare emergency trading session opened Sunday afternoon to allow Wall Street dealers in the $455 trillion derivatives market reduce their exposure to a potential bankruptcy filing by Lehman Brothers.
U.S. regulators and bankers were making last-ditch efforts on Sunday to prevent toxic assets from ailing Lehman Brothers spilling into global markets and rupturing investor faith in the international financial system.
"This is an extremely, and I stress extremely, rare event. It also speaks to the more general notion that, in today's highly disrupted financial markets, the unthinkable is thinkable," said Mohamed El-Erian, the chief executive of Pimco, the world's biggest bond fund, based in Newport Beach, California.
[ link to www.reuters.com]
Tough shit, it's going to happen.
I see in my crystal ice cube thats rich fucks are going to comit suicide.
LMFAO |
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Anonymous Coward
User ID: 456597
9/14/2008 11:28 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
The only people that are being screwed are the acerage Joe, with mutual funds 401k's, pension fund's wallstreet is gona take it all, since they can't be SHORTED, these crook's know exactly what their doin, total asshole's with no respect for anyone but, their coleage's on wallstreet colaborator's |
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Anonymous Coward
User ID: 500533
9/14/2008 11:29 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
jews fucked us but good this time Quoting: Anonymous Coward 482311
jews didn't do shit, this is republican fodder. and many of you are talking about reelecting the same damn regime that put us in this mess...retards |
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MATT..
User ID: 495403
9/14/2008 11:36 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Q: Want to share TIPS?
Reduce your vulnerabilities, reduce your fear (mind killer).
Nukes are for show-- except across religious barriers, where opponents will be given the rope to hang themselves on their own turf.
Future is always in motion.
(It) May be that we can ride above the lower choices and the monied interests will just go to plan B and keep fleecing but at a snails pace in order to still be in relative power positionings amidst changes accelerating. |
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Anonymous Coward
User ID: 500614
9/14/2008 11:38 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
It appears that efforts to prevent the failure of Lehman Brothers are failing as well. As I’ve said repeatedly, the Federal Reserve itself is bankrupt and unable to do any more bail-outs. And I’ve also been saying that our foreign creditors will start getting cold feet when they recognize that American investments are worthless. The liquidation of Lehman could trigger a whole daisy-chain of writedowns, leading to more failures. The following excerpt reveals the level of desperation to avoid a global panic:
The focus on Sunday had initially been on whether talks between regulators and Wall Street’s top bankers could lead to the sale of Lehman, which until recently was the fourth-largest U.S. investment bank.
However, those talks faltered when Britain’s Barclays Plc, which had appeared to be front-runner to take over Lehman — excluding its toxic mortgage-related assets — said it had pulled out of the bidding.
That triggered expectations the investment bank is heading into bankruptcy and prompted a rare emergency trading session on Sunday to allow Wall Street dealers in the $455 trillion derivatives market to reduce their exposure to the firm.
It’s easy to predict that matters will only grow worse. Even as this is happening, economists remain incredulous that the toxic effects of America’s trade deficit lie at the root of the problem. So, with each passing day, another $2 billion of American wealth is drained away. There isn’t much left and, when it’s gone, watch out! |
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Anonymous Coward
User ID: 503099
9/14/2008 11:39 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
jews fucked us but good this time
jews didn't do shit, this is republican fodder. and many of you are talking about reelecting the same damn regime that put us in this mess...retards Quoting: Anonymous Coward 500533
Fuck you, both parties are one in the same held to the fire of those that have been in control of the State department for many years.
NWO= you and me getting fucked. |
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Himie
User ID: 490291
9/14/2008 11:39 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday
NEW YORK (Reuters) - A rare emergency trading session opened Sunday afternoon to allow Wall Street dealers in the $455 trillion derivatives market reduce their exposure to a potential bankruptcy filing by Lehman Brothers.
bla bla bla...
"This is an extremely, and I stress extremely, rare event. It also speaks to the more general notion that, in today's highly disrupted financial markets, the unthinkable is thinkable," said Mohamed El-Erian, the chief executive of Pimco, the world's biggest bond fund, based in Newport Beach, California.
[ link to www.reuters.com]
Wow, so they did the extremely rare to prevent the unthinkable to stop their global cabal from crumbling... Man, if only someone thought of that ahead of time...
Who would have guessed they wouldn't let the financial system crumble...
Oh yea, it was me a few posts ago! |
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ARE WE BONED, BENDER?
User ID: 499261
9/14/2008 11:44 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Can someone sum up without mentioning the Nikkei, Wall Street, or other investment firms and explain in laymans terms? |
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Anonymous Coward
User ID: 500614
9/14/2008 11:45 PM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Can someone sum up without mentioning the Nikkei, Wall Street, or other investment firms and explain in laymans terms? Quoting: ARE WE BONED, BENDER? 499261
get ready for the camp. |
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EXCALIBUR
User ID: 443085
9/15/2008 12:00 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Nothing will change until we refuse to borrow money from banksters, and demand wages be paid in gold and silver, which banksters don't control. It will happen eventually. |
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anonymous coward
User ID: 503493
9/15/2008 12:27 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
opec set the Benchmark price of oil...ogoing unrelenting oil price hikes for 7 yrs destroyed global economies....all NATIONS are nearly broke r will be soon except opec..who took oil reenue profits to buy up real stretigic assets ..in all nations..a stretegic line of stretigic assets .ports shipping minerials hotels stock exchanges commodidy exchanges ..etc etc etc railines air traffic control ..etc etc.media etc etc. and endlist list of purchases..with global oil profits. |
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Reality is BS
User ID: 498209
9/15/2008 12:43 AM
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Where can I bet or invest on a war breaking out before the year is out? |
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Anonymous Coward
User ID: 469820
9/15/2008 12:53 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
there goes the pension and any money left ,it was stoled today....greed,incredible....the rich dont pay taxes and they sure dont pay in a crashing market. Quoting: Anonymous Coward 495507
My dad has his pension, which in his retirement he counts on as well as his social security.
Please forgive my ignorance, but can someone tell me, in layman's terms, just how this is going to affect him and my mother. Please include the immediate (tomorrow, next week, next month) and not too distant future (next few months, next year) ramifications of this?
And what do you who are in the know think is going to happen in those time frames for us ordinary joes? How long/when, and to what extremes in certain times frames do you think it's going to progress?
Thanks to any who can help us ordinary joes and janes understand all this. |
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Anonymous Coward
User ID: 400833
9/15/2008 1:03 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Things to do Monday Morning:
1. Call Propane Company and order 2 500 gal fuel oil tans delivered.
2. Have them filed with auto/truck grade diesel fuel and preservatives to extend life of Diesel.
3. Get to MBZ dealer and buy 1 sedan diesel (if possible used) and 1 SUV diesel (new or used - doesn't matter. Money won't be worth much a few days later anyway. And I do have enough cash to pay for either or both.
4. Call gold dealer and see if I can pick up some Maple Leafs or other 1oz coins fast and privately.
6. Sell off 401k assets fast if I can. If not wait.
5. Get $4000k in cash from bank - maybe more if they have enough.
Be at Costco when it opens and buy like a mother! Food storage time. How I wish I'd done this years ago.
Call my pharmacy and docs and get order for extra RX's. Pay cash if needed.
Get emergency kit out of the boat storage locker. Bring it home. |
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Anonymous Coward
User ID: 502781
9/15/2008 1:06 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Things to do Monday Morning:
1. Call Propane Company and order 2 500 gal fuel oil tans delivered.
2. Have them filed with auto/truck grade diesel fuel and preservatives to extend life of Diesel.
3. Get to MBZ dealer and buy 1 sedan diesel (if possible used) and 1 SUV diesel (new or used - doesn't matter. Money won't be worth much a few days later anyway. And I do have enough cash to pay for either or both.
4. Call gold dealer and see if I can pick up some Maple Leafs or other 1oz coins fast and privately.
6. Sell off 401k assets fast if I can. If not wait.
5. Get $4000k in cash from bank - maybe more if they have enough.
Be at Costco when it opens and buy like a mother! Food storage time. How I wish I'd done this years ago.
Call my pharmacy and docs and get order for extra RX's. Pay cash if needed.
Get emergency kit out of the boat storage locker. Bring it home. Quoting: Anonymous Coward 400833
sounds like a good plan! question is...will you actually do it?!?!?! probably not lol |
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Anonymous Coward
User ID: 444738
9/15/2008 1:08 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Where can I bet or invest on a war breaking out before the year is out? Quoting: Reality is BS
Just pretend it broke out this morning and buy ten times all the shit you think you need. That is probably the stuff that will go up in value. Generators comes to mind. |
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Anonymous Coward
User ID: 495507
9/15/2008 1:15 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
WHAT HAPPEND WHEN THE 2 MAJOR BIGGEST PLAYERS OF WALL STREET GO BANKRUPT?...THE MARKET IS BANKRUT WAKE UP. GET YOUR MONEY OUT OR DONT CRY L8TERS. PS IM no economist,but the economist are all crooks since they knew about that and told peoples to buy and stay now too late.  |
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Anonymous Coward
User ID: 501257
9/15/2008 1:18 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
jews fucked us but good this time Quoting: Anonymous Coward 482311
jews but fucked us good this time? |
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Anonymous Coward
User ID: 502659
9/15/2008 1:23 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
It was the Babylonians the developed compound interest, not the Jews. The Muslims have it right. |
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Anonymous Coward
User ID: 503523
9/15/2008 1:28 AM | | Re: Fears Of Global Financial Collapse As Wall Street Opened For Rare Emergency Trading On Sunday | Quote |
Which will be the best jobs to have during the depression? |
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