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I don't think it fell....I think it leaped...holy cow!!!

Do you think that might be a typo?

Awgee...I tried gold bricks once but I couldn't get through the medal detector with my wheel-barrel.

Pay for everything in cash...Awgee I think would prefer gold or oil though.

This post is getting deep.

bltserv....I thought I read that in the contract but could be wrong. I am in one of the Woodbury complexes and I have all the upgrades as well. Gas range, side x side refer, crown molding, granite, salt pools...etc. Our intention was to stay here b/c of the minimal increase in rent...

bltserv <em> They raised my rent $ 10.00 a month. So rents are not rising at least at this property. </em>Isn't that the norm with the IAC. If you renew they only up your rent a couple bucks...not market rent?

Just an FYI...mine at TD-Ameritrade are not FDIC insured. Most of the time if you look at your statement it will have a disclaimer at the bottom stating if it is covered or not. Most retail banks that have you put money into those funds are FDIC Insured.

Awgee....yes many money market accts have exposure to MBS and ABS. One reason why BAC has put almost 600MM into reserve funds to protect the integrity of those accts. I think someone pointed out a few months ago that money market accts are really a safe way to protect your money. The...

David Faber on CNBC this morning said that the banks had been operating under this rule for quite sometime. So have they or have they not?

If GSEs were approved to back loans exceeding $1MM dollars I am afraid to think what type of losses they would have seen this qtr....YIKES!!!!

Ford might be getting a bounce just because they have finally come to terms with their labor agreement and they actually turned a profit last qtr which was much sooner than even Mullay had predicted.

lol....it will go down again. Morgan Stanley just reported and so did AIG and both disappointed WS. How much is another guess it might be helped out slightly if Ford has something good to report.

See Lawerliz....I knew I was going to be wrong...hahahaha. L/M thanks for the correction.

LawyerLiz<em> If they make a few billion more each quarter on non toxic stuff, that is that many more billions to later write off. </em>They could mark these ABS down to 10 cents on the dollar and still make money on them. The problem, as I have understood it, is that banks use their...

So what are you saying...come to market in bits and pieces so that eventually they will be insolvent or that we start having huge runs to take out your deposits like Northern Rock in London? First off lets be quite honest...even if banks like Citi, BAC, JPM, WaMu (possibly), were to go...

It would be better if they just came clean all at once instead of letting it dribble out a little at a time. Unreal!!!

I have not personally seen them but I heard it is pretty bad. I can't wait till the 1Q08 and see what the write downs will be for these guys.

Jack....you could also probably go to the DA's office and talk. I am sure they can point you to the right law enforcement agency.

Don't forget about BAC and WaMu