Merrill Sold Lehman BK

[goin on 4T]

Wow, what a fiasco. I can't believe the rip tide hitting the financial sector. Bonds still coming down in yeild. With AIG looming it sure isn't getting any prettier...

 

[EnderJE]

It sounds like that the key is to not move right now and wait.

 

[Razorguns]

BK is a great tool for companies. It's a great tactic to avoid paying creditors. Sucks for employees - but who cares about those middle-aged cubicle commandos?

r

 

[Arabian]

BK is a great tool for companies. It's a great tactic to avoid paying creditors. Sucks for employees - but who cares about those middle-aged cubicle commandos?

r

Agreed RG, the layoffs will be tremendous...

 

[goin on 4T]

They say about 50,000 people in the nonbroker service field will be out of a job!

 

[superqt4u2nv]

Those sub prime mortgages were a brilliant idea!

 

[chris302001]

BK is a great tool for companies. It's a great tactic to avoid paying creditors. Sucks for employees - but who cares about those middle-aged cubicle commandos?


r

How is a double whopper good for anybody?








































hehehehehe j/k Feel free to at me....

 

[Grumpy Old Man]

It sounds like that the key is to not move right now and wait.

The guys with money are fixin to make a killing... They never sit and wait, they move and shake.

 

[Dial_tone]

My checking account is with WAMU. Should I start depositing my rolls of 20's somewhere else? seriously.

 

[billfred]

My checking account is with WAMU. Should I start depositing my rolls of 20's somewhere else? seriously.

only a problem if you have over $100k in the account or if the fed goes belly up.

 

[Dial_tone]

Financial sector is imploding and the Raiders won...this country is f*cked.

 

[goin on 4T]

Its Al Davis's evil plan to buy the NFL!!!

 

[binö]

yeah i got a wamu checking too
am i gonna have problems with my debit?

 

[Dial_tone]

only a problem if you have over $100k in the account or if the fed goes belly up.

I'm not concerned about losing the money altogether; just not having access to it if they get frozen like IndyMac did.