Comments on: AIG To Repay US $183B; Also, Pigs Soon to Fly

By: FromLori

FromLori — Thu, 02 Jul 2009 03:03:32 +0000

Pigs will fly!

http://benbittrolff.blogspot.com/2009/06/aig-ready-to-blow-up-again.html

Have you seen this article?

http://market-ticker.org/archives/1177-BOOM!-More-Obfuscation.html

By: constantnormal

constantnormal — Wed, 01 Jul 2009 14:27:02 +0000

I take this to mean that AIG has put all its chips on “red 42″ in the CDS roulette game, with zillion-to-one odds against them, but with the smiling assurances from the casino owners that the wheel is fixed and they’re gonna be a big winner.

Hope springs eternal …

By: call me ahab

call me ahab — Wed, 01 Jul 2009 10:59:14 +0000

hmmm . . . I wonder where they will be exporting to? A bit optimistic I would say-

“China’s recovery will be U-shaped, with export growth returning to “normal” by the end of this year or the start of 2010, central bank adviser Fan Gang said at a forum in Beijing today. The economy will revive “faster or earlier” than elsewhere because China limited the development of asset bubbles, including in housing, Fan said.”

By: call me ahab

call me ahab — Wed, 01 Jul 2009 10:50:47 +0000

hmm . . . let’s see . . .what country does this remind me of-

Federal Reserve Bank of San Francisco President Janet Yellen said the prospect that policy makers will leave the benchmark U.S. interest rate near zero for the next several years is “not outside the realm of possibility.”

By: BG

BG — Wed, 01 Jul 2009 09:30:01 +0000

I just feel like the fox (Wall Street) is having its way with the chickens (taxpayers). We are being plucked, fucked, stuffed and eaten alive.

It’s all just Madoff Madness. Bernie Knock-offs running around doing basically the same thing who aren’t going to turn themselves in. (The whole damn thing is out of control.)

By: Simon

Simon — Wed, 01 Jul 2009 08:36:34 +0000

ZH stands for Zero Hedge by Tyla Durden.

http://zerohedge.blogspot.com/2009/06/dennis-lets-zero-hedge-have-it.html

http://en.wikipedia.org/wiki/Fight_Club

By: VennData

VennData — Wed, 01 Jul 2009 08:16:16 +0000

AIG… Bush’s magnum opus of Slaveowner Socialism… er… a… Compassionate Conservatism.

By: super_trooper

super_trooper — Wed, 01 Jul 2009 06:06:59 +0000

@AmenRa, what’s ZN?

By: Mannwich

Mannwich — Wed, 01 Jul 2009 04:51:05 +0000

@AmenRa: Exactly. CNBC and other MSM outlets clearly feel threatened and are getting worried, and rightfully so. I no longer watch anything on CNBC or Bloomberg. Ditto for the other “news” channels. Never watch any of them anymore. Sometimes I’ll listen to Bloomie radio while in the car via XM but that’s it. I don’t even have it on at home anymore during the day, and I have to say, I’m not nearly as aggravated every day. I also didn’t re-up my WSJ and Economist subscriptions (although I may change my mind on the Economist at some point). I still get our local paper here in Minny and the Sunday NYTimes, but I’m getting close to cancelling one or both of those as well in order to pay for an Economist subscription. The mainstream media as we know it is slowly dying a painful death and will be irrelevant in the near future if they do not substantively change their ways. I’m enjoying every second of it.

By: AmenRa

AmenRa — Wed, 01 Jul 2009 04:41:13 +0000

@Manwich

Kneale asked sometime last year “What is the VIX?” The traders read the financial blogs (the good ones like TBP, ZH, NC, CR) and have enough views to garner their attention. Think about it. If people are reading blogs and getting better information then they are not watching us.