tag:blogger.com,1999:blog-4921988708619968880.post3357892546711741120..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: September 16 2009: La-La Land RevisitedIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger133125tag:blogger.com,1999:blog-4921988708619968880.post-8749690282565311562009-09-18T22:52:28.457-04:002009-09-18T22:52:28.457-04:00So I made no bet at all. More often than not gambl...<i>So I made no bet at all. More often than not gambling is a bad idea, and that's what the market is now.</i><br /><br /><br />TAE right winger, just a bit ago I a billboard for the state lottery reading:<br /><br /><br />Gambling should not be considered a safe investment.<br /><br /><br />I couldn't agree with you more on that one.<br /><br />WgSAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37582860426631630822009-09-18T10:56:09.036-04:002009-09-18T10:56:09.036-04:00About TD Bank NA (USA)
"Customers of Commerc...About TD Bank NA (USA)<br /><br />"Customers of Commerce Bank and TD Banknorth in the Mid-Atlantic, Metro Washington, DC and Florida Markets can bank at any of our more than 575 rebranded TD Bank Stores. TD Banknorth Customers, however, should continue to use the TD Banknorth website and ebillpay at tdbanknorth.com "<br /><br />Gleaned from Wikipedia<br /><br />TD Ameritrade is a el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50426022117459744932009-09-18T09:54:06.874-04:002009-09-18T09:54:06.874-04:00Farmerod
I rechecked this and you are right. I h...Farmerod<br /><br />I rechecked this and you are right. I had heard claims of this earlier in the year and did a cursory analysis finding that the claims were highly overstated referring to the value tending to evaporate over a period of a year. But I rechecked it this morning and found that they were true and my original analysis was in error. A rather serious error. Well, I just better go el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51293502825790933112009-09-18T08:37:41.548-04:002009-09-18T08:37:41.548-04:00Greenpa said, "I'll be impressed by Beck ...Greenpa said, "I'll be impressed by Beck just as soon as he goes after a corrupt Republican. Happening soon is it?"<br /><br />Beck rails on Republicans daily. You'd know this if you watched the guy you're critizing. He goes after Bush--is Bush not Republican enough for you?<br /><br />It's very annoying to see comments about Beck when you've obviously not watched Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-6840920851363773692009-09-18T07:38:02.533-04:002009-09-18T07:38:02.533-04:00Bank Failure Friday - (or anyone?)
What if you ha...Bank Failure Friday - (or anyone?)<br /><br />What if you have a partial mortgage with a bank and it fails? Who decides to whom (bank) the mortgage is transferred?Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-24632253493225717762009-09-18T05:00:32.484-04:002009-09-18T05:00:32.484-04:00Good friend of mine in Vancouver has a prime+0% fi...Good friend of mine in Vancouver has a prime+0% fixed line of credit with Toronto Dominion and no credit problems or repayment issues. Today they got a letter in the mail informing them of a unilateral increase of 1% due to economic difficulties. Things are getting interesting for Canada...rumornoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77596921437459187622009-09-18T03:26:53.185-04:002009-09-18T03:26:53.185-04:00The dollar is showing some decent strengthening. S...The dollar is showing some decent strengthening. Should be interesting to watch the market tomorrow. Down maybe?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-28052844509801657222009-09-18T02:36:35.042-04:002009-09-18T02:36:35.042-04:00Occasional Summary please make it more frequent. ...Occasional Summary please make it more frequent. You are the best commenter of them all.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52251486290203616172009-09-18T02:25:55.548-04:002009-09-18T02:25:55.548-04:00* A man cannot live by song lyrics alone
* Life...* A man cannot live by song lyrics alone<br />* Life's big questions: 1) When is our lease up in la-la land? 2) Who's paying the rent in la-la land? 3) Who will profit when we're evicted from la-la land?<br />* VK compares the economy to a roller coaster; Can you still here the chink-a-chink-a-chink?<br />* Aaron misses out on his well-deserved big fat slice of pyramid pie and blames Occasional Summarynoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77773901108882902462009-09-18T02:11:24.182-04:002009-09-18T02:11:24.182-04:00The Kunstler style cuts down on your readership. o...The Kunstler style cuts down on your readership. out of sight, out of mind. If you want advertisers this is also a bad move. I think denninger's format is probably optimal. highlight the really important stuff and comment on that. Either way i suspect ilargi will start posting less frequently.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-64873932550940371792009-09-18T02:08:45.530-04:002009-09-18T02:08:45.530-04:00Re: Anon at 1:35
Yes, I imagine it's gruelin...Re: Anon at 1:35<br /><br />Yes, I imagine it's grueling working so hard for donations and virtually no thanks at all. Anyone who reads the site should make a donation (no, I haven't, but yes, I will--I was stymied by the Canadian province drop down in PayPal so will have to use the mails). Frankly, I'm surprised that Ilargi has not dropped down to a Kunstler format with one big Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-71982580246092714472009-09-18T02:08:44.692-04:002009-09-18T02:08:44.692-04:00WILMINGTON, Ohio (Reuters) - Unemployment in this ...WILMINGTON, Ohio (Reuters) - Unemployment in this small U.S. town has quadrupled in the past 16 months, but worse is to come as thousands of unemployed workers run out of severance money and benefits.<br /><br />"Things are going to get tighter around here toward the end of the year," said David Raizk, mayor of this town of 12,000 in southwestern Ohio. "As benefits run out we'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-938322700339996032009-09-18T01:49:17.329-04:002009-09-18T01:49:17.329-04:00I dont think years...I think months,IF we are luck...I dont think years...I think months,IF we are lucky,weeks if we are not.Part of the construction industry is starting up again,like a punch-drunk fighter up for the last time...waiting for a knock-out.They are pouring concrete on a few projects,which means steel fabrication is up a bit.But this is all work planned long ago...nothing"new"in the pipeline.When this stuff is done,the snuffynoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-85711633322727920792009-09-18T01:48:44.197-04:002009-09-18T01:48:44.197-04:00@el gallinazo:
Pardon my fuzzy-headed thinking. I...@el gallinazo:<br /><br />Pardon my fuzzy-headed thinking. I was thinking of a different strategy, which I'm not sure applies to you.<br /><br />I have heard, but have no direct experience, that a husband can open an account via one bank, and a wife can open up an account via a different bank. They then can form a linked account at treasurydirect.gov. If anyone can confirm or deny that, I'Bank Failure Fridaynoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-11146657155578791252009-09-18T01:35:33.031-04:002009-09-18T01:35:33.031-04:00Boy Ilargi is really falling behind on the posts t...Boy Ilargi is really falling behind on the posts these days. Must be suffering some burnout.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43858753915338723232009-09-18T01:33:47.894-04:002009-09-18T01:33:47.894-04:00...I went into SDS and SH heavy at about S&P 1...<i>...I went into SDS and SH heavy at about S&P 1000...</i><br /><br />and<br /><br /><i>...there is no timing risk in this, assuming that one was in a situation to hold the shorts for months (or years) if necessary.</i><br /><br />This is incorrect. There is most definitely timing risk. Plot SDS with its inverse, SSO over 1 year. They're BOTH down at least 30%. How can that be? Farmerodhttps://www.blogger.com/profile/03492165772535123915noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-51415950166980251942009-09-18T00:10:16.345-04:002009-09-18T00:10:16.345-04:00Submit your advice. We are seeing guys like Karl D...Submit your advice. We are seeing guys like Karl Denninger saying he thinks this could go on a few more years. Is that enough for you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40433426327052328012009-09-18T00:00:30.550-04:002009-09-18T00:00:30.550-04:00Nice to see Stoneleigh popping in. Hmmm, maybe the...Nice to see Stoneleigh popping in. Hmmm, maybe the crash won't start until she turns bullish? :-) I think the conditions of the top are that people you would never expect to see turn bullish turn bullish. Nassim Taleb? No, not going to happen. Stoneleigh? Apparently not. Rubini? Well, of course, that was expected. Still we probably need to see more intelligent bears give up. Then again, a lotSubmit your advicehttps://www.blogger.com/profile/01867890217907128363noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-9345461998052408092009-09-17T23:41:16.191-04:002009-09-17T23:41:16.191-04:00EL G
Toronto Dominion, how Canadian can you get?
...EL G<br /><br />Toronto Dominion, how Canadian can you get?<br /><br />Start at td.com.<br /><br />I don't know the intricacies, I must admit, with TDAmeritrade vs FDIC, or even how the company construction is set up, what US requirements are for foreign banks, etc etc. Interesting material, but it may not be easy to figure out the details.Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41438185116610142192009-09-17T23:21:23.383-04:002009-09-17T23:21:23.383-04:00Ilargi said...
El G et al
"TD and Scotia are...Ilargi said...<br />El G et al<br /><br />"TD and Scotia are not American banks. What is the FDIC's jurisdiction in their cases?"<br /><br />Scotia has no branches in the USA proper, only in the territories. Scotia in the USVI does not have FDIC insurance, I know that for certain.<br /><br />I was surprised that you state that TD is not a US bank. It certainly, unlike Scotia, has el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-32696340602716977612009-09-17T23:06:14.104-04:002009-09-17T23:06:14.104-04:00BOSTON (Reuters) - Investors stepped up their with...BOSTON (Reuters) - Investors stepped up their withdrawals from money market funds this week days before a federal guarantee to safeguard their assets expires on Friday, industry data show.<br /><br />The outflows could sharpen scrutiny of how to regulate the funds, which now hold $3.5 trillion despite paying almost no interest of late.<br /><br />Investors took out a total of $55 billion from Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77217074142581791842009-09-17T22:59:47.404-04:002009-09-17T22:59:47.404-04:00El G et al
TD and Scotia are not American banks. ...El G et al<br /><br />TD and Scotia are not American banks. What is the FDIC's jurisdiction in their cases?Ilargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-14384577230152114572009-09-17T22:53:14.697-04:002009-09-17T22:53:14.697-04:00BFF
"Just make certain you don't leave a...BFF<br /><br />"Just make certain you don't leave anything in the "safe" deposit boxes. I hear the Feds take everything they can."<br /><br />I have limited options. It is one of several places. I know the Feds stole gold in the 30's but have you got any recent documentation / links of their sticky fingers w/o a proper warrant? I hear that they are pulling el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-65976375046490056672009-09-17T22:42:09.793-04:002009-09-17T22:42:09.793-04:00@DIY'er
Thanks for that bit of info. I've...@DIY'er<br /><br />Thanks for that bit of info. I've noticed an improvement in another bank's TAR as well. This is what makes me wonder if we're seeing the effects of mark-to-model here.<br /><br />I just did some quick checking. BofA went from 14.5 to 27.6 (March 09 to June 09).<br /><br />Wells Fargo and Goldman Sachs are also showing increases, but still in the low teens.<br /Bank Failure Fridaynoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42864134287796045122009-09-17T22:32:25.605-04:002009-09-17T22:32:25.605-04:00@Fuser:
Here's the link to the Zerohedge arti...@Fuser:<br /><br />Here's the link to the Zerohedge article about Corus:<br /><br /><a href="http://www.zerohedge.com/article/corus-bank-first-fail-without-delinquencies-0" rel="nofollow">Corus Bank: First To Fail Without Delinquencies?</a><br /><br />Get a load of the "0's" there under 30+ days delinquent, and how they moved that off onto other areas.<br /><br />Their TAR in Bank Failure Fridaynoreply@blogger.com