Trade accordingly.
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Joined Nov 10, 2007
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My puts are treating my rather well, just wish LEH would die already.
WM is about hit the skids* at $11.50 and below.
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*(“Skids” meaning heavily lubed steel rails canted at a 65 degree angle directly into the sun)
Damn right Fuck Lehman
In millions of USD:
write downs of only 6.5% gross of hedges on a $89,106 mortgage portfolio for fiscal year 2007, comprised of $25,194 (an increase from (8,000+) in L3 assets all while their WAL on RMBS assets doubled to 9 from 5.
I call bullshit
LEH to be backstopped at the magic number of 10.
Soon all bank stocks will be $10. Odd, no?
http://www.youtube.com/watch?v=kb9byJ2QWcg
Mr Mortgage calls WAMU’s 5 billion bailout ‘a pee-hole in a snow bank’ … LOL !!
he goes thru a bunch of toxic waste in various banks
interesting
Bullshitters trying to throw buy programs to print a good close
The funny thing is that if SBUX Howard Schultz tried to go to the Dubai to check on his stores they wouldn’t let him in if he has an Israeli stamp on his passport. Fucktard Dubains.
america loves communism – the bail outs, and now having the olympic torch run through San Fran…what ever happened to good ol’ mccarthy kill the commie stuff?
…according to my time machine, it’s time to get your toboggans ready for some downhill sledding.
Does anyone else find Kneale and tits mcgee entertaining? Pity the fool who follows there advice into the darkened abyss. Not.
Bad news coming out soon on LEH – someone led the dump with a serious sell AH. Alarms were going off like crazy…I thought I was hearing things. Game on.
Hi, Mr. M.
Saw your stuff for the first time today. Excellent. Thanks.
No asshat for you.
From a few weeks ago…still in play.
One American banker said: “[We heard] from the top, ‘Do not encourage calls to Lehman clients. We want to run that up the flagpole. We don’t want another run on a bank.’ ”
If I was a fundie with $5 Bil at LEH I would have been shopping that ever since their BS earnings report. You waive money like that aroud and their comp. will sing and dance for you. They may have fooled Joe 6-Pack but not the fundies with their testies stretched across the I-405 during rush hour traffic.