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aaustraliis

Listed below are comments made by aaustraliis between Monday, 22nd September 2008 and Friday, 26th September 2008.

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B&B will be rescued soon 11:36pm on 26 Sep 2008 "After all, it is a once-in-a-lifetime chance for every financial institution in America to cash out with a fortune!"
B&B will be rescued soon 11:35pm on 26 Sep 2008
"As Britain's Conservative Party leader Margaret Thatcher put it in her favorite phrase, TINA: There is no alternative. And as Lady Macbeth said, if the deed is to be done, let it be done fast."
(Michael Hudson's....will the cure be worse than the disease)
B&B will be rescued soon 10:46pm on 26 Sep 2008 Treasuryman #30, your 911(pm) post reminds me of that fateful time when the "coalition of the willing"(the pc/newspeak term) forced executive control.
Fearful, we, the mob, coalesced. The bombs are still exploding.
Now, seven years on, these same (now richer) faces are demanding executive control of the worlds finances, again ostensibly for global health sanity and security.

What will the next requirement be from our big brother?
A stinking septic bank 11:04pm on 25 Sep 2008 There should also be a conflict of interest clause where hanky panky and his mateys donate the upside in their portfolios (thanks to the 700B)to the homeless! ?
Would that be Christian??
British banks shorted 11:50am on 24 Sep 2008 Bankinvestor dont expect GS to come up with too much cdo business (hot profits) into the future. They'll probably find they are a bit on the nose globally too (even though they're touted as a good "franchise"), then when he looks over the GS books how much is he going to have to clean up??
British banks shorted 11:15am on 24 Sep 2008 With the intent of paulson to balloon his own GS investment with a mother of all bailouts, buffets got another incentive to move now. Whether or not the dems agree and sign the bankers 700B$ draft is a bigger Q.
still if GS go down the toxic cdo gurgler, buffets 5b perpetual premium investment will mean they are all his(sorry hank!)
Buffets also got one hell of a put wriitten on the dow?? If that isnt saved he'll be the next one needing to be bailed out.
Bye bye bulge-bracket 9:10pm on 22 Sep 2008 It means their filthy rich investment accounts now dont need to fear and run on MS or GS.
Separately Michael Hudson of islet has an illuminating piece "Financial Bailout; American Kleptocracy". Its a must read for anyone who wants to know what isnt being told about the crunch.

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aaustraliis