House of cards
02-13-2009, 11:35 AM
#11
Registered User
Originally Posted by Lainey,Feb 13 2009, 12:25 PM
Maybe you won't hate everything if you stop taking some of those "bitter pills" that Bass left at your place.
for some reason i feel much better without them these days
02-13-2009, 11:59 AM
#12
Did anyone DVR or Tivo the last episode of 24?
02-13-2009, 01:06 PM
#14
Originally Posted by Bass,Feb 13 2009, 03:35 PM
how did i get dragged into this
for some reason i feel much better without them these days
for some reason i feel much better without them these days
Glad you are not taking those pills anymore. Scott, you should stop too.
02-14-2009, 09:21 AM
#16
Registered User
Originally Posted by boltonblue,Feb 13 2009, 08:59 AM
did anybody else watch the CNBC special called house of cards last night??
if not I will highly recommend that you watch the rebroadcast saturday night.
If you had any doubt on how we got here, watch it.
if not I will highly recommend that you watch the rebroadcast saturday night.
If you had any doubt on how we got here, watch it.
02-14-2009, 12:20 PM
#17
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Join Date: Dec 2001
Location: Manchvegas, NH
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Originally Posted by Lainey,Feb 13 2009, 05:06 PM
Same way I did.
Glad you are not taking those pills anymore. Scott, you should stop too.
Glad you are not taking those pills anymore. Scott, you should stop too.
If you noticed I only complain during the day
02-14-2009, 02:02 PM
#18
Originally Posted by Twiztid,Feb 14 2009, 04:20 PM
I am naturally bitter by day and take happy pills at night
If you noticed I only complain during the day
If you noticed I only complain during the day
02-16-2009, 07:15 PM
#19
Registered User
I watched it tonight. (It was on again from 8 to 10 PM.)
Alan Greenspan's statement that he has a working knowledge of math and has "access to a couple of hundred PhD's" but he couldn't understand some of the CDO's. But the bond rating agencies rated them investment grade with no knowledge of what they were rating. I had thought that the rating agencies were simply negligent, but the show certainly hinted at collusion.
Alan Greenspan's statement that he has a working knowledge of math and has "access to a couple of hundred PhD's" but he couldn't understand some of the CDO's. But the bond rating agencies rated them investment grade with no knowledge of what they were rating. I had thought that the rating agencies were simply negligent, but the show certainly hinted at collusion.
02-17-2009, 02:03 PM
#20
Thread Starter
and they wonder why people won't touch the CDO's now. 
In my heart I believe that they could come up with a metric based on how well the asset has been performing on a monthly basis to form a valuation metric.
I'm not real sure the banks want to though.
It might just be a case of the emperor's new clothes.
In my heart I believe that they could come up with a metric based on how well the asset has been performing on a monthly basis to form a valuation metric.
I'm not real sure the banks want to though.
It might just be a case of the emperor's new clothes.