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"FDIC loss-sharing in Wachovia deal is biggest ever Monday September 29, 5:31 pm ET By Marcy Gordon, AP Business Writer FDIC loss-sharing agreement in Wachovia deal is largest ever; helps ensure taxpayer protection WASHINGTON (AP) -- The FDIC's agreement to share potential...

Put a picture of a pretty woman in a bikini on it and I will appreciate the dollar a lot more.

Also be careful with allocations with 2X ETFs. Don't be lulled in thinking you only have a 10% allocation if you have 10% of your folio in DGP - you're being hit with twice the volatility so you essentially have a 2x weighting.

Don't be knife catchers. We spend a lot of time laughing about all the fools who tried to flip some houses last spring when it seemed so obvious to many of us housing was going down. Stock market is nowhere so obvious, but there's no sign of an uptrend here. Why not wait till an uptrend can be...

Also, congrats to Irvine2010. This is really getting dicey though. I've been short since July - I lost a lot of my gains because there just was so much whipsawing that I ended up covering my shorts with bad timing. This market is tiring. If the house revisits this like 2 days for now...

I agree with Awgee here, nobody should give a sh* about what gold does tomorrow. Maybe a bunch of buyers will show up next week, maybe not. What's needed for gold is a slow, steady influx of buyers, and that takes time. Having gold double overnight then crash back down the next day would...

This is going to sound disingenious, since I'm the OP here, but I still have accounts at WaMu. I just made sure that I kept the money flowing out (paying bills early, etc.) so that the balance was low. Long-term (aka within a year) I'll still open accounts somewhere else. They got bought by...

"Tax on Trades Should Be Part of Rescue Plan, Some Democrats Say " http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5UhcbI4jecU Tax of 0.25% being proposed. Since a "trade" is round-trip I guess that means 0.5% per round-trip transaction. "The same Wall Street speculators...

OMG this has got to be the best darn f* part: <a href="http://newsticker.welt.de/index.php?channel=fin&module=smarthouse&id=785123">JPMorgan Chase & Co. Announces $8 Billion Capital Raise</a> JPMorgan doesn't actually HAVE that much money to go out and buy WaMu. So they simultaneously...

Well there we have it. The death of Wamu. "JPMorgan Chase acquired the banking operations of Washington Mutual Bank in a transaction facilitated by the Federal Deposit Insurance Corporation. All depositors are fully protected and there will be no cost to the Deposit Insurance Fund...

Do Ewoks live in there?

Well they WERE lower to day before the announcement. I think the short rule has had far more impact on markets than the bailout is. It's the same thing that happened July 16th (and somehow I got suckered in it twice :-( ). The short rule put a gun to the head of many heavily short...