Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-29-2009, 12:42 PM   #61
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: New York
Posts: 898
Geithner yesterday:

Quote:
“We have a financial system that is run by private shareholders, managed by private institutions, and we’d like to do our best to preserve that system,” he said.
Translation: We want to cover Maurice's bet.
__________________

__________________
Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-20-2009, 06:56 AM   #62
Full time employment: Posting here.
 
Join Date: Oct 2006
Posts: 898
Nationalization gains as an option | Philadelphia Inquirer | 02/18/2009

Translation: Maurice's bet is going down the tubes.
__________________

__________________
Someday this war's gonna end . . .
ChrisC is offline   Reply With Quote
Old 02-27-2009, 06:04 AM   #63
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: New York
Posts: 898
Chris - lol - I just saw this.

Anyway, it could happen, though Geithner seems determined not to wipe out the common. (thinking of last nights gift to Citi shareholders)

I think they've deeply analyzed nationalization and realize how problematic it would be - they clearly want to avoid it at all costs. Its true at some point their hand could be forced, but it seems apparent that if they can possibly avoid it they will.
__________________
Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Old 08-08-2009, 09:03 AM   #64
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: New York
Posts: 898
BAC is recovering nicely. Up 300% since my previous post in this thread.


Even Citi is showing some life.
__________________
Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Old 08-08-2009, 11:05 AM   #65
Recycles dryer sheets
Snidely Whiplash's Avatar
 
Join Date: Apr 2009
Posts: 153
Maurice,

Its funny you posted this as just yesterday I was looking at the price of BAC and wondering about VaCollector. If he has held on to his shares he is probably made back about half of his capital losses. None of the income though.
__________________
Snidely Whiplash is offline   Reply With Quote
Old 08-13-2009, 09:50 PM   #66
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: New York
Posts: 898
I thought this was interesting.

John Paulson Goes Long Bank of America In A Big Way (BAC)
__________________

__________________
Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
WTF with My ETF?? returnofbabyape Stock Picking and Market Strategy 3 10-13-2008 09:20 AM
BAC - what's the prognosis? VaCollector Stock Picking and Market Strategy 15 06-29-2007 11:38 AM
WTF?! brewer12345 Other topics 10 08-17-2006 06:08 PM
Annual review and raise, WTF!? laurence Young Dreamers 39 05-05-2006 06:42 AM
Hay guyz OMG WTF like Everyone is named Jennifer just liek me jennnifer Other topics 34 02-27-2006 08:07 PM

 

 
All times are GMT -6. The time now is 03:34 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.