Comments on: Merrill: Recession is already here http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Fri, 19 Mar 2010 16:24:11 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: PTodd http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68695 PTodd Tue, 08 Jan 2008 23:31:36 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68695 They all laugh about their reputations on the way to the bank. Everyone in this administration has made a pile of dough. A pile. Since the powers that be have decided a Dem will be the next President, this Administration can rape whats left of the economy and leave the Dems a disaster. History repeats. Look out below. They all laugh about their reputations on the way to the bank. Everyone in this administration has made a pile of dough. A pile. Since the powers that be have decided a Dem will be the next President, this Administration can rape whats left of the economy and leave the Dems a disaster. History repeats. Look out below.

]]> By: Pat Gorup http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68694 Pat Gorup Tue, 08 Jan 2008 20:55:14 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68694 "That's a slight overstatement. What I believe Rosenberg is saying is that, based upon the unemployment data, a recession is now unavoidable." I believe Rosenberg is right and you're still in denial. “That’s a slight overstatement. What I believe Rosenberg is saying is that, based upon the unemployment data, a recession is now unavoidable.”

I believe Rosenberg is right and you’re still in denial.

]]> By: L'Emmerdeur http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68693 L'Emmerdeur Tue, 08 Jan 2008 17:43:11 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68693 Paulson is there to guide administration policy for Mother Goldman. He is taking one for the team. Paulson is there to guide administration policy for Mother Goldman. He is taking one for the team.

]]> By: donna http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68692 donna Tue, 08 Jan 2008 16:55:49 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68692 I think one's "reputation" would be in question if one were even ASKED to serve in this administration. They seem to be incapable of doing anything right at all. I think one’s “reputation” would be in question if one were even ASKED to serve in this administration. They seem to be incapable of doing anything right at all.

]]> By: Financial Armageddon http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68696 Financial Armageddon Tue, 08 Jan 2008 15:50:54 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68696 <strong>Reality Comes to Wall Street</strong> The evidence of an impending U.S. recession has been building for months, but most of the Wall Street crowd has been ignoring (or denying) it. Still, there have been some exceptions. One is Merrill Lynch economist David Rosenberg, who seems Reality Comes to Wall Street

The evidence of an impending U.S. recession has been building for months, but most of the Wall Street crowd has been ignoring (or denying) it. Still, there have been some exceptions. One is Merrill Lynch economist David Rosenberg, who seems

]]> By: John Borchers http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68691 John Borchers Tue, 08 Jan 2008 15:44:00 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68691 I think a few of our US banks are bankrupt. Sad to say it even though many professionals are short and are going to make a ton of money. I think a few of our US banks are bankrupt. Sad to say it even though many professionals are short and are going to make a ton of money.

]]> By: larry http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68690 larry Tue, 08 Jan 2008 15:37:41 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68690 ms He did sell at the top but also received the $166 millionj tax break due to a rule that allows people to go to gov and not be penalized by the divesture requirements. Therefore he escaped taxes on the "forced sell". I do not recall a thank you. Larry ms

He did sell at the top but also received the $166 millionj tax break due to a rule that allows people to go to gov and not be penalized by the divesture requirements. Therefore he escaped taxes on the “forced sell”. I do not recall a thank you.

Larry

]]> By: VJ http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68689 VJ Tue, 08 Jan 2008 15:16:13 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68689 John, "<i>In Bush's speech yesterday he used the words, 'we had 52 months of job growth'. Key word 'HAD', past tense</i>" Actually, the <i>missing</i> key word was '<b>negative</b>'. They had 52 months of NEGATIVE job growth. . John,

“In Bush’s speech yesterday he used the words, ‘we had 52 months of job growth’. Key word ‘HAD’, past tense”

Actually, the missing key word was ‘negative‘.

They had 52 months of NEGATIVE job growth.
.

]]> By: VJ http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68688 VJ Tue, 08 Jan 2008 15:11:40 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68688 "<i>Regardless of your politics, one must be amazed at all the professional reputations that have taken a toll by serving in this White House ... I wonder: Is Hank Paulson now trying to salvage his increasingly damaged reputation?</i>" Won't work. As even with the likes of Colin Powell, they won't be able to get the stink off. . “Regardless of your politics, one must be amazed at all the professional reputations that have taken a toll by serving in this White House … I wonder: Is Hank Paulson now trying to salvage his increasingly damaged reputation?”

Won’t work.

As even with the likes of Colin Powell, they won’t be able to get the stink off.
.

]]> By: michael schumacher http://www.ritholtz.com/blog/2008/01/merrill-recession-is-already-here/comment-page-1/#comment-68687 michael schumacher Tue, 08 Jan 2008 14:35:06 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/01/08/merrill-recession-is-already-here/#comment-68687 More comments from the head douchebag at the Treasurey: http://www.bloomberg.com/apps/news?pid=20601087&sid=asCWDH.dFNpY&refer=home I guess calling a bottom every month for 10 months straight begins to take it's toll. Now he is actually saying what he should have said even 5 months ago let alone 10. BTW they've just re-arranged the deckchairs on the S.S. Starbucks... Ciao MS More comments from the head douchebag at the Treasurey:

http://www.bloomberg.com/apps/news?pid=20601087&sid=asCWDH.dFNpY&refer=home

I guess calling a bottom every month for 10 months straight begins to take it’s toll. Now he is actually saying what he should have said even 5 months ago let alone 10.

BTW they’ve just re-arranged the deckchairs on the S.S. Starbucks…

Ciao
MS

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