tag:blogger.com,1999:blog-5524682876220396502.post7814408314291943708..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: Finance in WonderlandUnknownnoreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5524682876220396502.post-59149439780940859042008-09-16T00:41:00.000+01:002008-09-16T00:41:00.000+01:00There is an air of unreality - yes, a strange unde...There is an air of unreality - yes, a strange undertone to it all.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-70604113957886677262008-09-15T22:58:00.000+01:002008-09-15T22:58:00.000+01:00Soon they'll be lending against slightly used tone...Soon they'll be lending against slightly used toner cartridges.AntiCitizenOnehttps://www.blogger.com/profile/00017073518049848696noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-850860143047617112008-09-15T22:37:00.000+01:002008-09-15T22:37:00.000+01:00As I have posted in a few places, I can't wait for...As I have posted in a few places, I can't wait for them to start accepting crap (literally). I'm holding in a big steamer to squat out as collateral when they are ready for it. :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-67753454442536459022008-09-15T18:46:00.000+01:002008-09-15T18:46:00.000+01:00Hi, Ryan and DB. Time to keep our heads down, I gu...Hi, Ryan and DB. Time to keep our heads down, I guess.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-64092223933794752242008-09-15T17:24:00.000+01:002008-09-15T17:24:00.000+01:00The FED statement actually reads . . . "The collat...The FED statement actually reads . . . <BR/><BR/>"The collateral eligible to be pledged at the Primary Dealer Credit Facility (PDCF) has been broadened to closely match the types of collateral that can be pledged in the tri-party repo systems of the two major clearing banks. Previously, PDCF collateral had been limited to investment-grade debt securities."<BR/><BR/>In the context of the statement it seems clear (to me anyway) that "securities" in this context = "fixed income securities"A Dashing Bladehttps://www.blogger.com/profile/13347516199994919811noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-35364527164414601652008-09-15T16:36:00.000+01:002008-09-15T16:36:00.000+01:00Yes, there certainly is an air of unreality about ...Yes, there certainly is an air of unreality about it all. The Savings and Loan crisis was estimated to have cost the US economy $160billion. This crisis is 6 times bigger - even with conservative estimates. The S&L crisis sparked the 1990 recession, but this crisis will be 6 times bigger.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-59308563287368676292008-09-15T14:30:00.000+01:002008-09-15T14:30:00.000+01:00Greenie's now doing the rounds on TV today telling...Greenie's now doing the rounds on TV today telling us that this is a "once in a hundred year" financial crisis. For a senile geriatric I'd say his incision and perception is quite sharp, and I can only assume that it's alzheimers that makes him forget that he's largely responsible for this meltdown.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-8999876924841751512008-09-15T13:58:00.000+01:002008-09-15T13:58:00.000+01:00Mr Greenspan is really quite old; they'll have to ...Mr Greenspan is really quite old; they'll have to get a move on if they want to hang the bugger.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-26987081365612821822008-09-15T13:48:00.000+01:002008-09-15T13:48:00.000+01:00Denninger. wowDenninger. wowNick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.com