Lehman's 158-year run on Wall Street set to come to abrupt end | |
Anonymous Coward User ID: 502531 United Kingdom 09/13/2008 10:31 AM Report Abusive Post Report Copyright Violation | |
Linzartart
(OP) User ID: 272356 United States 09/13/2008 10:35 AM Report Abusive Post Report Copyright Violation | It just looks worse everyday Quoting: Anonymous Coward 502531The economic crash will be BRUTAL,goodbye Dollar,hello the Amero the sheeple better wake the fk up now, and realize that our economy is set to crash/collapse. the impending audit of the fed will be the catalyst; arnie terminator is tryn to get boocoos of money from the treasury to pay for cali unemployment benefits. if the fed is in fact audited and the TPTB see that theyve been ass raping the system, all financial transactions will cease - no more money to the fed, no money to the banks, no money for the ppl. I have no sense decency! That way, my other senses are enhanced! I'm a pragmatist, everyone's an asshole but me. |
Anonymous Coward User ID: 502531 United Kingdom 09/13/2008 10:44 AM Report Abusive Post Report Copyright Violation | and by stock market crash,i mean the Dow Jones falling below 5K and shops running empty which will of course and civil disorder and Martial Law See that Airline fold in the last week and choas,thats nothing to whats coming |
Linzartart
(OP) User ID: 476887 United States 09/13/2008 10:53 AM Report Abusive Post Report Copyright Violation | I wonder if the stock market crash will be in the next few weeks,things cant carry on like this Quoting: Anonymous Coward 502531and by stock market crash,i mean the Dow Jones falling below 5K and shops running empty which will of course and civil disorder and Martial Law See that Airline fold in the last week and choas,thats nothing to whats coming listen to this interview George Green (2 September 2008) Click here to download [link to www.projectcamelot.org] Click here for the transcript [link to www.projectcamelot.org] A 35 minute telephone interview in which George discusses the economy, the Russian military, the probability of war with Iran, and the need for The Ground Crew to pull together and get organized for difficult times ahead. Recognizing that things are moving fast and changing almost daily, George has asked us to phone him in a few days' time after he's had a chance to talk further with some of his own insider contacts in Washington and elsewhere to discover more about possible and probable covert plans. • Benjamin Fulford (6 September 2008) Click here to download [link to www.projectcamelot.org] Click here for the transcript [link to www.projectcamelot.org] A 35 minute telephone interview with Benjamin Fulford. The purpose of the call was to allow him to expand on the details reported by him in his 28 August article published here [link to www.rense.com] (or here [link to eldib.wordpress.com] ,if Jeff Rense's site is down). His article concerned the importance of 30 September as the end of the US Fiscal Year, and the possible situations being played out by the superpowers behind the scenes I have no sense decency! That way, my other senses are enhanced! I'm a pragmatist, everyone's an asshole but me. |
Anonymous Coward User ID: 502531 United Kingdom 09/13/2008 10:58 AM Report Abusive Post Report Copyright Violation | listen to this interview Quoting: LinzartartGeorge Green (2 September 2008) Click here to download [link to www.projectcamelot.org] Click here for the transcript [link to www.projectcamelot.org] A 35 minute telephone interview in which George discusses the economy, the Russian military, the probability of war with Iran, and the need for The Ground Crew to pull together and get organized for difficult times ahead. Recognizing that things are moving fast and changing almost daily, George has asked us to phone him in a few days' time after he's had a chance to talk further with some of his own insider contacts in Washington and elsewhere to discover more about possible and probable covert plans. • Benjamin Fulford (6 September 2008) Click here to download [link to www.projectcamelot.org] Click here for the transcript [link to www.projectcamelot.org] A 35 minute telephone interview with Benjamin Fulford. The purpose of the call was to allow him to expand on the details reported by him in his 28 August article published here [link to www.rense.com] (or here [link to eldib.wordpress.com] ,if Jeff Rense's site is down). His article concerned the importance of 30 September as the end of the US Fiscal Year, and the possible situations being played out by the superpowers behind the scenes Thanks for the info |
Linzartart
(OP) User ID: 269684 United States 09/13/2008 03:54 PM Report Abusive Post Report Copyright Violation | Germany urges US to find Lehman Brothers solution AP posted: 6 HOURS 27 MINUTES AGOcomments: 0PrintShare Text SizeAAANICE, France -Germany called on U.S. authorities Saturday to find a solution for crisis-hit bank Lehman Brothers before Asian markets reopen for trading early Monday. U.S. officials have so far talked down a government rescue for the country's fourth-largest investment bank, which is racing to find a buyer to raise badly needed money it lost on bad bets on real estate holdings. Finance Minister Peer Steinbrueck — who manages the EU's largest economy — told reporters that "the news that is coming out of the U.S. is bad," confirming that financial markets are still suffering sharply from a credit crisis that started last year. Observers who had prematurely spoken of "a light at the end of the tunnel" now had to make sure that they weren't facing an oncoming train, he warned. "We expect that a solution will be put forward before Asian markets open on Monday," Steinbrueck said on the sidelines of an EU finance ministers' meeting in Nice. The Federal Reserve Bank of New York held an emergency meeting Friday night with top Washington policymakers and major financial institutions to discuss the future of Lehman Brothers. Analysts say other financial firms may swallow portions of Lehman's investment banking or bond trading business. Considering the firm's deep financial problems, riskier assets like its mortgage and real-estate portfolios could be sold for just pennies on the dollar. On Friday, Lehman's stock closed at $3.65 — an all-time low and down nearly 95 percent from its 52-week high of $67.73 as investors grew more convinced that Lehman may be auctioned at fire-sale prices. The stock's plunge was a humiliating beating for the 158-year-old investment bank, one of Wall Street's oldest firms. I have no sense decency! That way, my other senses are enhanced! I'm a pragmatist, everyone's an asshole but me. |
Anonymous Coward User ID: 502682 United States 09/13/2008 03:56 PM Report Abusive Post Report Copyright Violation | |
Redheaded Stepchild
User ID: 493346 United States 09/13/2008 05:32 PM Report Abusive Post Report Copyright Violation | [link to hosted.ap.org] Sep 13, 11:42 AM EDT Emergency meeting held to discuss Lehman Brothers AP By MARTIN CRUTSINGER ...The Federal Reserve Bank of New York held an emergency meeting Friday night with top Washington policymakers and major financial institutions to discuss the future of Lehman Brothers. The meeting, which was attended by Treasury Secretary Henry Paulson, was held at the offices of New York Federal Reserve Bank president Timothy Geithner. The meeting was confirmed by Fed spokeswoman Michelle Smith. ... She said that in addition to Paulson and Geithner, Christopher Cox, the chairman of the Securities and Exchange Commission, was in attendance for the discussions. ... However, the Wall Street Journal reported on its website that this group included Morgan Stanley chief executive John Mack and Merrill Lynch chief executive John Thain among others. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ "Until you are willing to organize your friends and neighbors and literally shut down cities - drive at 5mph through the streets of major cities on the freeway and stop commerce, refuse to show up for work, refuse to borrow and spend more than you make, show up in Washington DC with a million of your neighbors and literally shut down The Capitol you WILL be bent over the table on a daily basis." Karl Denninger Don't blame me; I voted for Ron Paul. Silence is consent. |