January 22, 2008
And They Say *Women* Are Irrational...
“It is like a funeral in here,” Ken Masuda, senior equities dealer at Shinko Securities in Tokyo, said. “No one knows what is going to happen tonight in New York. It is like we’ve gone blind, you don’t know what’s coming.
“Until we see New York, all we can do is sell.”
Looks like it's time to hide the chocolate and break out the Midol drip.
Posted by Cassandra at January 22, 2008 07:35 AM
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SELL EVERYTHING! GO TO THE BOMB SHELTER!
Or ask yourself, WWWBD (what would Warren Buffett do)?
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.' Warren Buffett
Might be a little helpful when trying to keep today in perspective. =8^)
Posted by: bthun's lost shirt reappeared new & improved! More than once... Wow, life goes on! at January 22, 2008 08:21 AM
Well show them a *(*$@(#^ picture of New York!
It's still there.
In the meantime, paying off your credit cards
will give BofA a nightmare...they will have that deer-in-the-headlights look when they realize they may own your body but they don't have your soul.
Posted by: Dave Ramsey's Church B*tch at January 22, 2008 11:29 AM
yet. Give them time and a new creative mortgage.
Posted by: Dave Ramsey's Church B*tch at January 22, 2008 11:30 AM
Last the Princess checked, BofA was trying to acquire her mortgage holder and she was in Hell.
I hate BofA. With. A. Passion.
Posted by: Princess Leia in a Rapidly Disappearing Bikini at January 22, 2008 01:50 PM
Ha ha! You greedy neocons are finally reaping the whirlwind of your president's failed policies! There's no way that this economic CRISIS would have ever happened with a Democrat in the Oval Office, because, unlike you fat cat capitalists, the Democrats CARE about the little man. A Democratic president would never have allowed the Fed to lower interest rates so far that just about anybody could go out and buy a home six sizes bigger than they needed. But Bush and his banker friends didn't care whether they were crushing a working family with high-priced debt, just so long as they all got their golden parachutes when the chickens camehome to roost. Well here come them chickens, and just in time to leave a complete mess for the next DEMOCRATIC president to clean up. One thing's for certain, if Hillary Clinton wins the White House the headlines won't read "DOW DROPS 800 POINTS - TENS OF THOUSANDS LOSE JOBS AND HOMES - RECESSION IMMINENT" but rather "DOW DROPS 800 POINTS - CLINTON ORDERS AIR STRIKE ON MORROCAN BABY FORMULA FACTORY." Read it and weep, neocons. Read it and weep.
Posted by: The Laughing Stock Broker at January 22, 2008 02:07 PM
I read it and educated myself, and you are still a moron.
Princess, let me tell you four little letters that have saved my life: USAA.
Let me add some words to that: Federal Savings Bank. They have mortgages, are a wholly owned subsidiary of the insurance side of the house
and have been downright good to us. They will
take out BofA and most USAA employees have worked
for BofA and hate them with a passion.
Posted by: Dave Ramsey's Church B*tch at January 22, 2008 02:15 PM
Not only that, they have financial planners for as little as 1800.00 and you have access to them
for life for such a low fee.
They offer excellent stock advice and Laughing Stock Broker From Hell is really cursing himself
inside because he knows deep down inside that
while no one can sue his ass, no one is going to trust him either, and a good financial planner will settle his hash.
Posted by: Throbbing Sex Kitten at January 22, 2008 02:21 PM
One thing's for certain, if Hillary Clinton wins the White House the headlines won't read "DOW DROPS 800 POINTS - TENS OF THOUSANDS LOSE JOBS AND HOMES - RECESSION IMMINENT" but rather "DOW DROPS 800 POINTS - CLINTON ORDERS AIR STRIKE ON MORROCAN BABY FORMULA FACTORY." Read it and weep, neocons.
Someone is having waaaaaay too much fun with this story. Smart a** :p
Hopefully we will be selling our little house at some point down the road.
I hate to do business with BofA, even by default (having my loan assumed by them).
Posted by: Princess Leia in a Rapidly Disappearing Bikini at January 22, 2008 02:21 PM
I think you all are missing the important factors here: Dave Ramsey's Church has a B*tchy, but Throbbing Sex Kitten!
Why wasn't I told about this!
Posted by: Yu-Ain Gonnano at January 22, 2008 02:46 PM
Dave Ramsey's Church has a B*tchy, but Throbbing Sex Kitten!
...like there's any other kind?
Posted by: Princess Leia in a Rapidly Disappearing Bikini at January 22, 2008 03:03 PM
Fat cats!? Hahahaha... Stop it, you're killing me.
Hmmm, so let me see if I can skim across the high points for ya there LSB.
The Federal Reserve doesn't seem to obey the POTUS, nor should they since their whole purpose in life is to be outside of the whims and wishes of the voters and, for the most part, political pressure. See The Federal Reserve System, A Brief History... But I might be misleading you, I'm an Illuminated Bilderberger.
The POTUS does not have the power to impose a budget on the nation. Only the power of the bully pulpit to use as a means to influence the public who may or may not exert influence on the Congress. And the POTUS only has the power to yeah or nae a budget crafted by our Congress.
Remember the administration of our 39th POTUS and the economy during his time in office?
Who, now really, who thinks that they can purchase a home and only pay a fraction of the interest on the principle for an extended period of time all the while hoping that the economy does not cycle up of down which will affect their variable rate? Come on...
Do slimy mortgage lenders share blame? Sure, but ultimately, its the responsibility of the person assuming the responsibility of the debt to understand the contract.
Finally, if you do not understand the T's and C's of any financial contract you sign, especially one as large as a home mortgage, you really should consider hiring a closing attorney who can give you a overview of the contract, along with some advice. And avail yourself of an independent professional, banker, financial planner, or your rich uncle. It'll be cheaper than making a grand screw-the-pooch financial mistake. And do not forget to call the cops to have them arrest that person holding the gun to your head, forcing you to sign a sub-prime mortgage.
Posted by: btBilderBergerhun at January 22, 2008 03:56 PM
Posted by: btnickedtodeathbyBoAsoIwentcreditunionHun at January 22, 2008 04:00 PM
Our mischievous broker is yankin' yer chains, guys.
As a recovering yank-ee (distingush, pls, from Yankee), I should know. Been there, done that, got the wet T-shirt :p
Posted by: Princess Leia in a Rapidly Disappearing Bikini at January 22, 2008 04:04 PM
Headin' for the showers boss!
Posted by: btCoolHandhun at January 22, 2008 04:11 PM
"...distingush, pls, from Yankee..."
Duly noted, for the record.
Posted by: Grim at January 22, 2008 04:20 PM
Trust me on this one. Nothing to get all lathered up about...
In today's climate, might work as a soporific though :p
Posted by: Cass at January 22, 2008 04:38 PM
Well, I've had my shower and re-read LSB's comment and I must say, that using history as a guide,
""DOW DROPS 800 POINTS - CLINTON ORDERS AIR STRIKE ON MORROCAN BABY FORMULA FACTORY."sounded entirely too plausible. Especially if a little blue three-piece suit belonging to Sir Sandy Berger came to light. I can hear Hill now, I did not have relations with those bvd's.
Ahhh, look at the time. It's beer-thirty! All the better to wash down those hard-boiled eggs.
I'm shakin' the bush boss...
Posted by: btCoolHandhun at January 22, 2008 05:49 PM
I've pulled the hook out of my own mouth too many times... too many times.
Pain is a wonderfully efficient teacher. Trust me, he will pay :p
Posted by: Cass at January 22, 2008 05:55 PM
"Our mischievous broker is yankin' yer chains, guys."
What we have hee-yah, is fail'yah to c'municate. We also have a thread where we've learned that Dave Ramsey has a church b*tch with a throbbing, um, kitten and Princess Leia's bikini is rapidly disappearing because she got bofa'd in a wet t-shirt while yanking someone's, um, chain.
That's why I love this site so much. It's educational. Although, there is something missing........! There isn't a single instance of potato salad, mazola oil and visqeen. Where is JHD when you need him?
Posted by: Snarkammando at January 22, 2008 06:13 PM