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Sarge
03-04-2009, 05:17 AM
Armenia,

http://capital-en.trend.az/economy/macro/1434624.html

They default and those holding the loans have a major problem.

BoA downgraded a notch,

ADP comes out on employment figures at 8:15 Eastern Time this AM.

ArchPaul
03-04-2009, 08:12 AM
"A revolt among the people may begin in the meanwhile,"

oh snap

Sarge
03-04-2009, 11:10 AM
Probably right on that. Hungary potential problem likewise.

We may well have another problem, after they review 100 BILLION for possible downgrades,

http://www.moneyweb.co.za/mw/view/mw/en/page95?oid=276940&sn=Detail

ihsv
03-04-2009, 12:06 PM
Hungary is more worrisome than Armenia.

Sarge
03-04-2009, 12:20 PM
I agree.

Just hitting the news that " BO change you can hope for" has the SEC increasing trading transaction fees to the tune of a 500 Percent increase Starting April 1st. Wait until that spreads the next few days.

Also heard, if I heard right, that GS and other traders are going to cough up 70 or 90 Billion for front running on options trades. Waiting to see the full details. They allegedly steal, we bail them out, and then they pay us with our money.

It just keeps getting better by the day.

HOLLYWOOD
03-04-2009, 12:36 PM
ROMAINIA delegates of the gov, banks, economists, etc... arrived in Washington DC yesterday to negotiate handouts of Billions at the IMF banks.

It's been quiet... don;t worry the American people will front the money.

MsDoodahs
03-04-2009, 12:41 PM
Just hitting the news that " BO change you can hope for" has the SEC increasing trading transaction fees to the tune of a 500 Percent increase Starting April 1st. Wait until that spreads the next few days.



DiFazio is the guy behind this, I guess? Once again, Stuart Varnish on Fox Business just did a report on this. I caught the tail end of it.

I must say, that DiFazio guy shocked me when Stuart said (paraphrasing) "you're going to punish the small investor with this so they won't want to invest"

DiFazio replied - in what came off as a VERY smart assed tone - "So what are you gonna do with your money then? PUT IT IN A BANK?"

OMG. That was pretty brazen of that...jerk.

ArchPaul
03-04-2009, 12:49 PM
Yeah, and billary giving $900m to Gaza! (http://www.haaretz.com/hasen/spages/1066381.html)WTF?! Isreal fucks the place up and WE have to rebuild it!!!

Bossobass
03-04-2009, 12:52 PM
Yeah, and billary giving $900m to Gaza! (http://www.haaretz.com/hasen/spages/1066381.html)WTF?! Isreal fucks the place up and WE have to rebuild it!!!

No kidding. I'd like to see the strings attached to that deal. Halliburton will probably have a no-bid deal to do the work.

Bosso

Sarge
03-04-2009, 02:34 PM
Sorry, it was 70 Million. I bet those who got scammed don't get a cent,

http://money.cnn.com/news/newsfeeds/articles/djf500/200903041505DOWJONESDJONLINE000896_FORTUNE5.htm