Fed Cuts Discount .25 bps - On Sunday!

JoeyDVivre Wrote: ------------------------------------------------------- > gdiddy Wrote: > -------------------------------------------------- > ----- > > Once a system is devoid of any integrity, once > > transparency fades into opacity, the only > > inevitable result is a complete breakdown of > our > > financial and even economic system. > > > > Moral Hazard…Yes, it’s a real problem. In > > fact, you can go as far as saying it’s THE > > problem. Off-balance sheet financing, SIVs, > > federal bailouts, you name it. > > > I agree. We gotta take these bastards. Now, we > could fight 'em with conventional weapons, that > could take years, and cost millions of lives. No, > in this case, I think we have to go all out. I > think that this situation absolutely requires a > really futile and stupid gesture, be done on > somebody’s part ?? I’m sorry, I guess I’m not making sense of the humor, if any.

BosyBillups Wrote: ------------------------------------------------------- > Lol. Why NOT to watch cnbc! > > Check out this, Tuesday, March 12, 2008: > > http://www.cnbc.com/id/15840232?video=682914860&pl > ay=1 How can the CEO get away making an untrue statement like this??? Wouldn’t this go against ethics/market manipulation?

Should it not be 25 bps or 0.25%? Not 0.25 bps???

wanderingcfa Wrote: ------------------------------------------------------- > > The JPM call is here if anyone is interested. > http://investor.shareholder.com/jpmorganchase/pres > entations.cfm Thanks for that!!