|
PureBytes Links
Trading Reference Links
|
Our Ben has some sense...and was never a wet noodle.
Our Fed Chairman has shown his true pasts
consistency...bahhhhh!
Erin go back boneless he is...
--- Tony Pylypuk <tpylypuk@xxxxxxxxxxx> wrote:
> Tim Morge,
>
> You wrote, "Ben has turned into a wet noodle".
>
> I presume you mean Ben S. Bernanke and not our Ben
> of HYPERLINK
>
"mailto:profitok@xxxxxxxxxxxxxx"profitok@xxxxxxxxxxxxxxx
>
> The Irish in me wishes you a wet tomorrow.
>
> Tony
>
> Anthony W. Pylypuk
> Barrister & Solicitor
> 80 King Street, Box 605
> Welland, Ontario
> L3B 5R4
>
> Office / Bureau: 905 735 2300
> Residence / Maison: 905 734 6165
> Telecopier / Télécopieur : 905 735 9230
>
> Office Email / Courriel du bureau :
> awpylypuk@xxxxxxxxxxx
>
> Residence Email / Courriel de maison :
> tpylypuk@xxxxxxxxxxx
>
> Notice: This e-mail contains information that may be
> confidential or
> solicitor/client privileged. If you are not the
> intended recipient, any
> disclosure or other use of this e-mail or the
> information contained herein
> or attached hereto may be unlawful and strictly
> prohibited. If you have
> received this e-mail in error, please discard this
> e-mail without reading,
> printing, copying or forwarding it to anyone. Thank
> you for your kind
> co-operation.
>
> Avis : Ce courriel contient des renseignements qui
> peuvent être
> confidentiels ou soumis au secret professionnel de
> l'avocat. Si vous n'êtes
> pas le véritable destinataire, la diffusion ou
> l'usage de ce courriel, des
> renseignements qu'il contient ou des documents qui
> lui sont joints pourrait
> être illégal. Il est donc strictement interdit de
> les diffuser ou de les
> utiliser. Si vous avez reçu ce courriel par erreur,
> veuillez en aviser
> l'expéditeur immédiatement et veuillez le supprimer
> sans le lire,
> l'imprimer, le sauvegarder ou le diffuser. Merci de
> votre aimable
> collaboration.
>
> -----Original Message-----
> From: realtraders@xxxxxxxxxxxxxxx
> [mailto:realtraders@xxxxxxxxxxxxxxx]On
> Behalf Of Timothy Morge
> Sent: Sunday, March 16, 2008 6:47 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] TWO BUCKS a share!!! JPMorgan Acts
> to Buy Ailing Bear
> Stearns at Huge Discount
>
>
>
> Ben has turned into a wet noodle.
>
> He's no monetarist..-.he's a wimp.
>
> Yes, we are in deep trouble. He hasn't a clue, no
> backbone and just think what fine sense he'll show
> when even the Fed can't stand to lie about the true
> rate of inflation...
>
> It's like a bad dream. It just gets worse and
> worse...
>
> Tim Morge
>
> www.marketgeometry.-com
>
> --- ketayun < HYPERLINK
>
"mailto:ketayun%40optonline.net"ketayun@xxxxxxxxxxxxxx>
> wrote:
>
> > Fed Cuts Discount Rate, Says Dealers May Borrow
> > (Update1)
> >
> > By Scott Lanman
> >
> > March 16 (Bloomberg) -- The Federal Reserve
> reduced
> > the rate on direct loans to commercial banks by a
> > quarter-point and said it will allow primary
> dealers
> > to borrow at the rate in exchange for a ``broad
> > range'' of investment-grade collateral.
> >
> > The central bank, in a statement today in
> > Washington, also extended the maximum term of
> > discount-window loans to 90 days from 30 days. The
> > Fed approved the financing arrangement announced
> by
> > JPMorgan Chase & Co. and Bear Stearns Cos.
> JPMorgan
> > separately agreed to buy Bear Stearns for about $2
> a
> > share.
> >
> > Fed Chairman Ben S. Bernanke is stepping up
> efforts
> > to keep strains in financial markets from
> spiraling
> > into a full-blown meltdown. Last week the central
> > bank agreed to emergency loans to a non-bank, Bear
> > Stearns, for the first time since the 1960s. Fed
> > officials also announced a program to swap $200
> > billion in Treasuries for debt including
> > mortgage-backed securities.
> >
> > The Fed lowered the discount rate to 3.25 percent
> > from 3.5 percent, narrowing the spread with the
> > federal funds rate to a quarter point from a half
> > point. From tomorrow, primary dealers will be able
> > to borrow at the rate under a new lending
> facility,
> > to be in place for at least six months, the Fed
> > said.
> >
> > The actions are ``designed to bolster market
> > liquidity and promote orderly market
> functioning,-''
> > the Fed said. ``Liquid, well-functioning markets
> are
> > essential for the promotion of economic growth.''
> >
> > Investors expect the Fed to lower its benchmark
> rate
> > by as much as a full percentage point, to 2
> percent,
> > when policy makers meet March 18. That would
> exceed
> > the 0.75-point emergency reduction on Jan. 22,
> which
> > is the largest cut since the overnight interbank
> > lending rate became the main tool of monetary
> policy
> > about two decades ago
> >
> > ----- Original Message -----
> > From: sue crew
> > To: HYPERLINK
>
"mailto:realtraders%40yahoogroups.com"realtraders@xxxxxxxxxxxxxxxxx
> > Sent: Sunday, March 16, 2008 7:36 PM
> > Subject: Re: [RT] TWO BUCKS a share!!! JPMorgan
> > Acts to Buy Ailing Bear Stearns at Huge Discount
> >
> >
> > Things are very serious
> > ----- Original Message -----
> > From: Deosaran Bisnath
> > To: HYPERLINK
>
"mailto:realtraders%40yahoogroups.com"realtraders@xxxxxxxxxxxxxxxxx
> > Sent: Monday, March 17, 2008 10:27 AM
> > Subject: [RT] TWO BUCKS a share!!! JPMorgan Acts
> > to Buy Ailing Bear Stearns at Huge Discount
> >
> >
> > JPMorgan Acts to Buy Ailing Bear Stearns at Huge
> > Discount
> >
> >
> > By ANDREW ROSS SORKIN and LANDON THOMAS Jr.
> > Published: March 16, 2008
> > Bear Stearns, facing collapse because of the
> > mortgage crisis, agreed Sunday evening to be
> bought
> > by JPMorgan Chase for a bargain-basement price of
> > less than $250 million, the two companies
> announced.
> >
> >
> > The all-stock deal values Bear Stearns at about
> > $2 a share, based on JPMorgan's closing stock
> price
> > on Friday, the companies said. In contrast, shares
> > of Bear Stearns, which fell $27 on Friday, closed
> at
> > $30.
> > A deal for Bear Stearns would end the
> > independence of one of Wall Street's most storied
> > firms and help halt a sweeping panic that set in
> at
> > the end of last week, causing Bear Stearns's stock
>
=== message truncated ===
------------------------------------
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/realtraders/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/realtraders/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:realtraders-digest@xxxxxxxxxxxxxxx
mailto:realtraders-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|