Wall Street Shows Optimism That Crisis Is Fading

[Vegas]

http://www.nytimes.com/2008/04/02/business/02stox.html?_r=2&hp&oref=slogin&oref=slogin

Stocks started the second quarter with a soaring rally on Tuesday that sent the Dow Jones industrial average up nearly 400 points, its best performance in two weeks, as investors found reasons to take heart in a fresh round of mortgage-related write-offs at UBS and Deutsche Bank and a capital infusion at Lehman Brothers, the brokerage firm.

[Jiddy78]

http://www.nytimes.com/2008/04/02/business/02stox.html?_r=2&hp&oref=slogin&oref=slogin

Stocks started the second quarter with a soaring rally on Tuesday that sent the Dow Jones industrial average up nearly 400 points, its best performance in two weeks, as investors found reasons to take heart in a fresh round of mortgage-related write-offs at UBS and Deutsche Bank and a capital infusion at Lehman Brothers, the brokerage firm.

Proof that socialism is the best option?

[pnkpanther]

government is bailing out all these lenders again.

if the bailed out the actual homeowners, the repubilicans would be enraged of the fiscal implications.

[Vegas]

government is bailing out all these lenders again.

if the bailed out the actual homeowners, the repubilicans would be enraged of the fiscal implications.


There are plenty of Republicans enraged at the bailing out of private business.

[Jiddy78]

government is bailing out all these lenders again.

if the bailed out the actual homeowners, the repubilicans would be enraged of the fiscal implications.

I'm enraged that either get a bailout. It was never in doubt that once one got some dough, the other side would cry like a f*cking baby and will also get dough...just a matter of time. Different position...Same whores.

[Jiddy78]

There are plenty of Republicans enraged at the bailing out of private business.


I'll bet you 3 dinners that McCain's "I don't want to bail out lenders or homeowners" crap will never see the light of implementation if he becomes president...He'll fold just like Georgie boy is. The will of the Babylonian masses will not be stopped.

[Roy Munson]

I'll bet you 3 dinners that McCain's "I don't want to bail out lenders or homeowners" crap will never see the light of implementation if he becomes president...He'll fold just like Georgie boy is. The will of the Babylonian masses will not be stopped.
"I'm in debt up to my eyeballs"

"somebody help me"

[Ed Who?]

I'll bet you 3 dinners that McCain's "I don't want to bail out lenders or homeowners" crap will never see the light of implementation if he becomes president...He'll fold just like Georgie boy is. The will of the Babylonian masses will not be stopped.

Politicians willing to whore themselves for votes.

We should pool together and figure out what the next great scam will be, and try to beat it to the punch.

[Ed Who?]

"I'm in debt up to my eyeballs"

"somebody help me"

Plug the damned hole and quit giving hundreds of dollars to Verizon and Comcast every month.

[pnkpanther]

I'm not happy with either bailout option as well.

i dont know there is any doubt as to the reason fed dropped the rates 750 basis points the same day JP Morgan had to borrow money to aquire bear sterns.

True economic growth doesnt come from borrowing, it's from spending real dollars on products.....

Eventually IMO, shit will hit the fan and US will need a major overhaul of it's economic policy.

the fact that we put a jack ass who ran oil companies into the ground in charge of a 17 trillion dollar budget...well....i guess we have no one to blame but ourselves.

Gov't is trying to minimize their role and bail outs and handle it quietly like they did with the hedge group in 1999.

[Jiddy78]

Politicians willing to whore themselves for votes.

We should pool together and figure out what the next great scam will be, and try to beat it to the punch.


Gold was it...but it's all over now except for possibly a speculative runup by margined idiots....The tell? Commercials on CNBC now have a f*cking nonstop commercial that is asking people to MAIL their old gold to a site and they'll get back a check after it is melted down based on weight. That's all I need to know.

[hannitykillspuppies]

Gold was it...but it's all over now except for possibly a speculative runup by margined idiots....The tell? Commercials on CNBC now have a f*cking nonstop commercial that is asking people to MAIL their old gold to a site and they'll get back a check after it is melted down based on weight. That's all I need to know.
but it's jewelry you don't even wear.