beast, Shadow

[Anonymous]

and anyone who knows how to use the search button or google or whatever it is y'all use to find all the good stuff...

let me explain

today while being in and out of the room that had the tv on (while completing a first pour) I heard bits and pieces of Steve Liesman... and since he's usually on cnbc, that was most likely the channel I saw him on... but he does other channels at times.

anyway, I don't recall the entire conversation... I remember hearing someone saying something like they keep getting asked why some instiututions and some companies are allowed to fail and others are not. (you can bet the ?'s asked locally here is why didn't wamu get help... anyway, I digress)

out of the room to check wax

come back Steve Liesman is talking about a 'Club of Four' -- apparently these are four entities that if you had association with you would be bailed out and if you didn't, you don't get help... and I think he even named the 4...

your assignment is... find out if I heard that right/correctly

if Steve Liesman is going on tv and saying that stuff.... Lords of Kobol... msm is going over to the side of the woo--- the woo are batting .800-- they're the surest bet in town

then again...remember....there are going to be some people going to jail -- biden warned, there will be people going to jail a few weeks ago

and

did you hear that the report about Alberto came out and it looks like they think there might be some prosecutions soon?

[Shadow]

Found it, you weren't hearing things, Morgan.

However, he said club of five.


Source: http://www.cnbc.com/id/15840232?video=872230110

J.P. Morgan, Bank of America, CitiGroup, Goldman Sachs, and Morgan Stanely

I may have misheard on the last name though myself.

[Anonymous]

okay, yes, that was it

and what is Paulson's or his ilk's connection to those companies?   That is the question, that is what the Congress needs to ask.


can you post that at cba and tell Mike to pay attention about the club of five, it comes about 5:30 in

thanks

[Shadow]

Done...

[Anonymous]

thanks

looks like there's some pooh on the main topics page


every once in a while the severity of this economic crisis comes over me like a wave

even suze orman is saying this poop is going to last a long time... get prepped for high unemployment, regardless of any bill

i didn't hear one of the talking heads have any kind of optimistic outlook

[Shadow]

The way the media spins things, a lot of people think 5.5% is
"high levels of unemployment".

I had a poll a couple of months ago and some sucker actually thinks
the current unemployment figures are under 5%. 

If they would admit the truth and say that they can only keep track
of the people that are drawing their unemployment benefits and they
don't know how many people are actually out of work it would make things
a little easier when the truth comes out.

Right now, i figure it is into the double digits... only 10% is optimistic IMO.

[Anonymous]

yeah, I agree

everyone knows someone who is unemployed but not counted

[Anonymous]

suze is saying the market will go down to 8000 -8500



to be prepared for the worst

[Shadow]

They better hope it doesn't do it at one shot.

If it does, it would pay to look up if you are walking down Wall Street.

[beast]

and anyone who knows how to use the search button or google or whatever it is y'all use to find all the good stuff...

let me explain

today while being in and out of the room that had the tv on (while completing a first pour) I heard bits and pieces of Steve Liesman... and since he's usually on cnbc, that was most likely the channel I saw him on... but he does other channels at times.

anyway, I don't recall the entire conversation... I remember hearing someone saying something like they keep getting asked why some instiututions and some companies are allowed to fail and others are not. (you can bet the ?'s asked locally here is why didn't wamu get help... anyway, I digress)

out of the room to check wax

come back Steve Liesman is talking about a 'Club of Four' -- apparently these are four entities that if you had association with you would be bailed out and if you didn't, you don't get help... and I think he even named the 4...

your assignment is... find out if I heard that right/correctly

if Steve Liesman is going on tv and saying that stuff.... Lords of Kobol... msm is going over to the side of the woo--- the woo are batting .800-- they're the surest bet in town

then again...remember....there are going to be some people going to jail -- biden warned, there will be people going to jail a few weeks ago

and

did you hear that the report about Alberto came out and it looks like they think there might be some prosecutions soon?

i thought it was my paranoia- the club of four.

plus, running into my family history on the google books got me going on the Templar's again.

well, any way, if you saw Sadie's thread about her bank. I went all cryptic about the men off horses while the four horses ride on.

i was referring to the four horsemen. ( i forget which companies ) i was imagining a templar crusade. 

only this time the horses ride on with out the horsemen.

 the horses are,,  citibank , bank of america , Berkshire Hathaway, and JP Morgan chase..  they represent the entire globe.


in my mind anyways.

i find i've been more right then wrong lately but don't put too much stock in that. it's all just a game to me to keep myself preoccupied so i don't get too much down on myself. i'm kind of living the secret life of Walter Mitty in my head sometimes.


i'll see if i can find that liesman interview.

he was all rah rah bailout. 

[Anonymous]

shadow found the video and posted it here and at cba


suze just said she thinks this crisis is worse than anyone can even imagine

[beast]

there is a guy on bloomberg saying that the headlines may be too strong. We may not actually be staring into the abyss

the markets are taking things better then expected.

i still want to see if i get my paycheck on time this week.