Goldman Sachs is down 15%. Morgan Stanley is down 22% inspite of releasing early earnings report with positive earnings. AIG down another 45%
Silver is up...for the moment.
Everything is trading like subpenny pinksheets now. Wow! What a mess.
May be a shortcovering rally on SLV/GLD in the face of further dollar dilution/liability and even the new delivery rules about to take effect?
Damn! Just caught the tail end of the CNBC piece on short and naked short selling. It's now a crime to "fail to deliver".
Hmmmm...should always have been a crime. And NOW they're admitting it happens. Gee, just a little behind the curve aren't they.
Cramer is suggesting we try the uptick rule again just for laughs since 1/2 the govt's balance sheet is now at risk in Fannie and Freddie. Of course the hedge fund guy is all against that. LOL
Man! Greed begets more greed. It's never enough for these guys. They won't be happy until all of us AND the US GOVT is bankrupt and they have it all stashed in their tax-free offshore accts.
We have to stop these guys!
McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!
