Once they find a correlation, they are about as likely to let go as a pitbull clamping down on a small child.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Geithner = groping hand talker
CNBC sucks: http://nihoncassandra.blogspot.com/2009/02/pundit-rage.html
this is funnier:
http://www.huffingtonpost.com/2009/02/10/obama-charlie-christ-is-g_n_165636.html
Wait, you wanted a plan with details?
TIMMAY!
Is this correlation or causation?
Um of course this is causation….
He’s quite fond of his curled fingers.
its simple:
* mkt rallies on expectations our saviour will actually come up with a comprehensive, intelligent, well thought out solution
* mkt falls after listening to BHO bumble around last night, sounding less composed than GWB
*mkt falls further after realizing that evven the 1/10th weight they gave to BHO being a saviour was rich and the plan is invisible.
FAIL.
Erin Burnett should get a boob job. Show the doctor a photo of Michelle Caruso-Cabrera and tell him “make me like her.” Production value = T and A.
Now Geithner represents America to the world’s financial part; his wife should no longer accept Tim’s suits from Men’s Wearhouse or Sears.ipants
Teflon Barry: “Timmay, what did you do?”
Timmay: “What?! I did it just like you told me!”
Teflon Barry: (chuckles to self, “sucka”)
I like how raw and gritty it is of them to show a camera view of the ticker from the exchange, instead of, ya know, just using a graphic (that doesn’t induce sea sickness)…
The only thing worse than the quality of CNBC is seeing Murdoch eviscerate the Journal
@9 More T, less A.
@4 – It’s “TIMMMMERRRSS!”
And who is this Sen. Johnson speaking now!? He looks like a bad Charlie McCarthy with someone’s hand stuck up his ass!
He shamelessly copies Rubin’s mannerisms
T. Geithner: double-secret Goldman bitch
Mr Timothy Ambiguity EZ reporting for dooty sir. Geithner makes Bush look smart and decisive.
8 Or maybe the market is coming around to the harsh realization that its not so easy to fix the general mess created by 8 years of essentially false prosperity, all fueled by a housing bubble. Let me say also that I recommend getting out of the NY area to really understand the depth of the problem. I was on the west coast of FL a few mos ago and can tell you that the housing situation is ugly beyond belive.
Geithner had better give good head. Otherwise, he’s not going to add any value at all to Hopey’s administration.
@8 yeah, this man exudes confidence and intelligence:
http://www.youtube.com/watch?v=SeJmmQ5y9eQ
he was the original jeebus preznit
@20 or just stay around the NY area long enough and you will also understand. The train…she be a rollin’
@20
Was down in Ft Lauderdale in late October, amazed at all the empty “luxo condos” there, even MORE amazed (albeit unsurprised) that they’re still building more of the f*ckers even today.
Its ok, in a few months you’ll be able to get a
cnbc running a list of financial stocks along side the Geithner senate testimony.
According to the graphic, only two are up: MER +.06, and WM +.01
@4, best post of the day.
20,22 – its hilarious you frame your perspective in 8-year presidential terms. May seem contradictive to what sounds like me blaming things on obama but i’m trying to make the point that this is bigger than any one president and bigger than any one man can fix. Unfortunately the mass populous has anointed our vastly unprepared leader as the fixer of all things. they will be sorely disappointed.
and i find your comment about FL ironic vis-à-vis where i actually live. hint: not nyc
@27 dude speak ‘merican no wimpy frenchy words vis a vis –what? even with the accent, you’re a commie! damn, my ‘merican keybord don’t gots no accent key.
When is Michelle going to do her own CNBC Original?? Erin too?? Two ‘Originals’ with Trish Reagan were two too much!
@19
Didn’t know about the stroke, but geez – shouldn’t the guy recuse himself? Are you saying that one of the 300 or 400th arguably most powerful people in the world should be allowed to continue in that role after he’s had a stroke? Bad medicine, kemo sabe.
27 The housing bubble started 8 years ago, did it not?
Any further opinions on the FL observation? Its scary in places – pockmarked subdivisions, weeds, looted houses, homeless in tents. Sort of like the nicer parts of Beirut. Nothing like that in NY.
24 Careful, the risk in a condo is that you have to carry the charges for the entire building when your nabes or the sponsor are in default. Especially problematic in a high rise, where there are a lot of services and therefore high common charges. Much different in a townhouse type arrangement.
@27
here’s some background from 2002, listen at 1:10 –biggest issue is the downpayment:
http://www.youtube.com/watch?v=kNqQx7sjoS8
33 Actually no fan of Bushie, but what got us in trouble was not low income people putting too little money down. It was more like speculators (aka flippers) bidding up prices with cheep money, predatory lending to people that didnt realize what they were doing and builders creating excess supply. All three contributed to a classic bubble. Housing bubbles are not caused by low income owner occupied homes with 30 year amortizing mortgages at low rates, even if down payments are small.
@24, my mother just picked up 1400+ sf unit, high floor, nice terrrace, ocean view for 223k, so you’re right on @ 150 s/f
I’m now sick of listening to Treasury’s boy toy Geither.Ahhhh…4 years has just started.
@32 Good point(s), although whats the recourse in situations like that, couldn’t you theoretically just put your maint in escrow or some crap?
@35
sounds like the place i wouldn’t mind splitting with a few peoples, especially useful when you’ve got a few months ‘free time’ on your hands
@2: At least find another site to host the clip. The Huffington Post is beyond trash. Someone should punch Arianna in the face.
Worst bank plan ever
Barry Ritholtz probably thinks it’s great
Worst bank plan ever
Barry Ritholtz probably thinks it’s great
@2: You’re a fucking idiot. That’s the lamest clip I’ve ever seen.
@9 Couldn’t agree more. She is the most under-rated, over-looked anchor on there. When I saw her with a tight shirt on for the first time I went apeshit.
Tim’s kinda cute too, you know
@9 i’d hit it with a Pearl necklace !
Courtney Reagan will teach me the meaning of the word repsect
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