A Run on the California Country Wide banks?

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I crushed you on predicting the mess your party caused.


you denied it OVER and OVER.


no one should listen to anything you say because you were wrong.


I was right huh super duper.


My record on seeingthe big picture TRASHES anything you have to say about me.

bite a big one super duper
 
Superfreak said:
Seriously, how retarded are you? He sold millions last month and the month before and the month before that etc.....

You really should just shut the fuck up on this desh. You quite clearly have NO idea what you are talking about and are attempting to make up shit for another "scandal".
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HAHAHAHAHAHAHAHAHAHAHAHAHAHAH
 
Superfreak said:
I watch the market daily Dung. While there is certainly concern over the mortgage spillover, there is hardly a panic by the experts. The panic is coming from the herd mentality investors tend to get when they listen to the journalists posing on CNBC and such spouting off on topics which most of them have little ability to comprehend.
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gee why didnt they warn us all at CNBC?
 
It is commieforniastan. Who gives a flying fuck. This is what liberalism has wrought. They will just reach out and beg the regime for a bailout. And they will cry "you bailed out the banks and GM, why not us"

And there in a nutshell is the problem with liberalism/socialism. All of their "poo gooder bullshit" leads to moral hazard.
 
But, but, but, but,....unemployment is down.....and its seems like only a couple of days ago we heard the words, "We're on the right track, can't turn back now"....
 
evince said:
hide little man hide
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lol.... so you tell me I am 'hiding' when I wasn't even on the board. I am rarely if ever on the board on weekends.

As for your thread bump. You are still 100% wrong on the premise of his stock sales. That hasn't changed. again, you were being mocked on that... you tried to pretend his stock sale was based on insider info. You were 100% wrong.
 
Damocles said:
Lucky? It doesn't take inside information to know that the bank put forward sub-prime loans and that banks that did that were going to be hit. If you held the stock and just kept it in your portfolio you are not very smart.
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Smart, smart, smart, smart, smaaaaart...
 
Anyway, the sales were clearly automatic sales, and approved by the board of directors as such. His contract allowed for sales of specific amounts of stocks which were part of his compensation. He sold and diversified like any intelligent person would do. He likely lost his shirt in September of 2008 regardless, unless he diversified all of it out of the markets entirely, which I seriously doubt.
 
Damocles said:
Smart, smart, smart, smart, smaaaaart...
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dude are you also going to pretend me and usc did not take crap from these guys back in the day?


the posts are there but hind is is 20 20.

Me and usc were taking shit for pointing out what was comimg.

Its pretty much why I left here.

the people on the right were such assholes that when it happened after we told them it was going to happen they then denied it happened for the reasons we showed them all along.

Now super is all on the reasons usc and me told him it happened.
 
evince said:
oh super duper
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and AGAIN Desh... it is blatantly stupid to panic. Panic never helps a situation. The best decisions are rarely based on emotion.

The panic actually makes things worse. A run on a bank makes things worse... so yes, anyone panicking was an overly dramatic moron.
 
evince said:
dude are you also going to pretend me and usc did not take crap from these guys back in the day?


the posts are there but hind is is 20 20.

Me and usc were taking shit for pointing out what was comimg.

Its pretty much why I left here.

the people on the right were such assholes that when it happened after we told them it was going to happen they then denied it happened for the reasons we showed them all along.

Now super is all on the reasons usc and me told him it happened.
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You are taking no sh*t for the reason you say you are taking it... You are taking sh*t in this thread because Superfreak thinks that in the modern era bank runs are stupid, which has nothing to do with sub-prime lending but you somehow think it does...

This is like taking sh*t from your neighbor because he likes a different football team and then saying it is because you are on the HOA Board of Directors... The two are unrelated issues. And SF is right, bank runs are stupid nowadays.
 
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