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Direxion Daily Financial Bear 3X Shares Message Board

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    • A sucker born everyday!
      Gee why bailout AIG?
      AIG now says it paid out more than $454 million in bonuses to its employees for work performed in 2008.
      'Hedge funds are typically open only to a limited range of professional or wealthy investors.' Friends of………….?
      'Hedge funds are typically open only to a limited range of professional or wealthy investors. This provides them with an exemption in many jurisdictions from regulations governing short selling, derivative contracts, leverage, fee structures and the liquidity of interests in the fund. A hedge fund will nevertheless commit itself to a particular investment strategy, and therefore often particular investment types and leverage levels, via statements in its offering documentation, thereby giving investors some certainty regarding the nature of the fund.'
      Do not pay on credit default swaps! They are not regulated and therefore should not be enforce!
      This guy makes it simple for the dumb tax payer
      ‘Eric Dinallo, superintendent of New York State's Insurance Department, railed on Friday against AIG's failed business model, likening its insuring credit-default swaps as gambling with somebody else's money. "It's like taking insurance on your neighbor's house and even maybe contributing to blowing it up," he said at a panel sponsored by New York University's Stern School of Business.’
      Here is the laugh.
      Citi spends $3.5M to reward Smith Barney brokers.
      American International Group Inc. plans to pay its outgoing general counsel Anastasia Kelly several million dollars in severance benefits after she resigned because of federal pay curbs, according to people familiar with the matter.
      GM and chrysler receive billion of you tax payers' money. You can't afford a vacation. They have billions for people who don't work!
      'GM's plan is estimated to be $20 billion, or about 20 percent underfunded, while Chrysler's plan is 34 percent underfunded, leading to a $9 billion-plus shortfall, the agency said. Ford's funded ratio is not publicly available, but the company's pension plans are likely running at a $12 billion deficit, it said.'
      While the former USA is changing laws and policies as it grows, Nowhere? Revoke all trusts or reduce to max $3,000,000.00 per trust, Declare banks insolvent. Payout the max $250,000.00 FDIC! Get the money circulating! ? If Buffet, Gates and other billionaires were to die the inheritors’ tax kicks in at 3 million and the rest of the money goes to the people(new government) of the former USA.
      On the way out turn the lights off!

    • They are the de facto "bad banks" that Congress wouldn't go for when TARP was implemented.

      Thank Barney Frank and his merry gay band of DemonRats for pulling that scam off.

      Someday soon the truth will come out.

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