KOTCT

Castle Courtyard => General Discussion / Questions => Topic started by: longnine009 on July 18, 2008, 03:04:25 AM

Title: Prozac Street
Post by: longnine009 on July 18, 2008, 03:04:25 AM

Where even bad news is good news.

http://news.yahoo.com/s/ap/20080718/ap_on_bi_ge/earns_citigroup;_ylt=AhsXxYVnHzumCCXefyrbgvayBhIF

Title: Re: Prozac Street
Post by: scottishmoney on July 18, 2008, 05:51:43 AM

Same with Merrill Lynch, their 4.9 Billion losses were better than expected, see, it is not all gloom and doom. ;D

Title: Re: Prozac Street
Post by: KurtS on July 18, 2008, 06:04:09 AM

Quote

...in convincing investors that the prospect for the sector, while gloomy, may not be as dire as the market feared.

Thank goodness!  And here I was thinking it was worse than the pundits suggested.  ::)
It's all good--as long as they convince someone (http://en.wikipedia.org/wiki/Bigger_fool_theory) to hold their paper.

Title: Re: Prozac Street
Post by: longnine009 on July 22, 2008, 03:27:34 AM

Greetings Citizen and Taxpayer:

Baboon manager has detected another  toxic waste dump. Please make room in your basement.
http://news.yahoo.com/s/ap/20080722/ap_on_bi_ge/earns_wachovia;_ylt=AsYqjGlBbl3wwbXxryJFR.es0NUE