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Old 09-15-2008, 06:30 PM   #61
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Just announced Chapter 11.

Why the #%^@ does this always happen right after my Friday payday after my 401k deposit goes through
Not to rub it in but my mid month will be credited tomorrow! And I upped the contrib % to get more money in sooner rather than later this year. Time will tell if that small bet works.

Small victory that won't mean that much in the long run.
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Old 09-15-2008, 08:29 PM   #62
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Let's just say....I'm heavily medicated. Burp.........

Me Too
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Old 09-15-2008, 08:51 PM   #63
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I'm afraid that after today we might want to start looking at cheaper box wines...
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Old 09-15-2008, 08:53 PM   #64
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Old 09-15-2008, 09:04 PM   #65
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Just like my cash allocation will get me through this (I hope), so too my cases of guiness and red stripe, and a couple bottles of single malts will keep me from having to drink bud and box wine. Actually, I don't really drink wine, so no problem there.
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Old 09-15-2008, 09:15 PM   #66
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I'm afraid that after today we might want to start looking at cheaper box wines...
Just restocked with a 12 pack of Natural Light. Pretty cheap and a BUD product anyway. My way of cutting back. After tomorrow, I may have to start watering it down and stretch out the 12 pack to a case. Whatever it takes to keep me retired.
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Old 09-15-2008, 09:29 PM   #67
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I'm afraid that after today we might want to start looking at cheaper box wines...
Tj's still has 2 buck chuck. its bottled. Thats the only thing good I can say about it. Oh and it will get you drunk. Box wines...I doubt Ill ever get to that point..

Golf is fairly expensive Dawg. You could give that up..
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Old 09-15-2008, 09:42 PM   #68
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So MIL's portfolio had 5% of her holdings in Lehman bonds purchased in 2003. Anybody got info on how this will shake out for the bond holders? I.E she gets. 10 on the dollar or we get to pay the bankruptcy attys for the privilege of pillaging the remaining assets.

Brewer/Finance Dude/ anyone else have any insight?
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Old 09-15-2008, 09:46 PM   #69
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. Box wines...I doubt Ill ever get to that point..

..


Box wines are getting better unlike the stock market !!
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Old 09-15-2008, 09:56 PM   #70
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I grabbed a couple of bottle of TJ's two buck chuck sauvignon blanc. Meh.
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Old 09-15-2008, 11:18 PM   #71
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Good thing we already picked up over 3 cases of red wine on our 6 month tour of the Pacific NW. Now, along with our "cash cushion" we have a red wine "cushion" to get us through the next 6 months....

Audrey
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Old 09-16-2008, 12:20 AM   #72
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I bought a vegetable cushion. Our farm share was prepaid in the spring before prices spiked up.

Next year I hope to be better informed and prepay something booze or bacon related.
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Old 09-19-2008, 05:10 PM   #73
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Baaa haa haa...

Hugo Chavez cheers the failure of Lehman as an example of why capitalism doesnt work.

Unfortunately, Venezuela owns about $300M worth of Lehman debt that Lehman had offered to cash out, but now cant. And they wont be able to sell it to someone else for more than a bunch of bananas either.

Bonus is that it seems the WSJ writer was laughing too hard to finish the article...

I guess next time he oughta make sure he's got the cash in hand before flapping his lips.

Venezuela Faces Loss on Lehman - WSJ.com
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Old 09-19-2008, 06:38 PM   #74
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Well at least my MIL's Lehman Bonds will be in good company. It seems Pelosi and Kerry had a few 100 thousand to a couple of million $$$ in Lehman along with 50 or so members of Congress.
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