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-- Next stop: Recession
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Posted by ninetyninej on Oct-25-2007 19:29:

quote:
Originally posted by djGT
Merrill Posts Loss on $7.9B Write-Off




yeah, Merrill Lynch got pwned the worst by subprime


quote:
Originally posted by 72hrpartyanimal
thats funny... our 401k switched from Merrill to American Funding...

interesting how shit works...

as someone mentioned before (too lazy to search):

recession > depression > WARRRR!!!


quote:
Originally posted by ninetyninej
2008 - recession
2009 - depression
2010 - declare war against iran
2011 - country rebounds due to war





Posted by djGT on Oct-25-2007 20:56:

quote:
Originally posted by ninetyninej
yeah, Merrill Lynch got pwned the worst by subprime

Up next on the chopping block, Option-Arm, then Alt-A!!! oh yeah, even Prime will be tasting some blood!

quote:
Originally posted by djGT
2012 - Tiesto voted #1 on DJMag again!

The legend lives on!


Posted by MR STROKE on Nov-07-2007 22:04:

http://news.yahoo.com/s/ap/20071107..._re/wall_street

Stocks plunge with dollar; Dow down 360


Posted by Miss G on Nov-08-2007 06:27:

Super Model Giselle will no longer accept payments with US Dollars...

She must be paid in Euro's or something else...

WOW!!!


Posted by Zombie0729 on Nov-08-2007 06:44:

quote:
Originally posted by Miss G
Super Model Giselle will no longer accept payments with US Dollars...

She must be paid in Euro's or something else...

WOW!!!


lol... checks in the mail


Posted by ninetyninej on Nov-12-2007 21:27:

quote:
Originally posted by Miss G
Super Model Giselle will no longer accept payments with US Dollars...

She must be paid in Euro's or something else...

WOW!!!


lol, heard about this too, but fuck i can't blame her


http://www.bloomberg.com/

Crumpled U.S. one dollar bills are arranged for a photograph in Paris, on
Oct. 28, 2007. Photographer: Alastair Miller/Bloomberg News




Oh, and look at the Dow's nearing a 10% correction from last month alone. Would be surprised if early next year's recession causes another 10% correction putting us into in the 1100s.

People are such sheep and this proves it for all the over-valued over-priced stocks they got coerced into buying. Good old fashioned manipulation for wealth exchange.



http://www.bloomberg.com/apps/news?...dLXE&refer=home

U.S. Stocks Fall, Led by Oil, Metal Producers; Exxon Drops

By Michael Patterson

Nov. 12 (Bloomberg) -- Energy and metals companies sent stocks lower for a fourth day, the longest stretch of declines in eight months, after commodity prices dropped on concern economic growth is slowing.

Exxon Mobil Corp., the biggest U.S. energy producer, fell to the lowest since August, while Freeport-McMoRan Copper & Gold Inc. posted its steepest decline since February. Apple Inc. lost the most in two years and Google Inc. posted the worst four-day slide in its history, extending the steepest weekly retreat in technology shares since 2002.


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