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Doesn't someone predict this every other day!

I predict a black Sunday once all that Guinness has filtered through my bowels! :P

But at what hour?

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Please can we desist from using such politically incorrect terms. According to the Northern Ireland Human Rights Commission tomorrow should be called 'miserable Tuesday' :lol:

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Please can we desist from using such politically incorrect terms. According to the Northern Ireland Human Rights Commission tomorrow should be called 'miserable Tuesday' :lol:

I agree, we should embrace and celebrate all the different Tuesdays whatever their hue.

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Guest Steve Cook

I just wanna see the World burn

Tommorow would be nice....... :)

Only joking

Edited by Steve Cook

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I just wanna see the World burn

Tommorow would be nice....... :)

Only joking

I'm not conviced about it being a joke Steve! :lol:

I feel a bit like that some days. The bloody corruption and manipulation gets to you. :(

Edited by MOP

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Guest Steve Cook
I'm not conviced about it being a joke Steve! :lol:

I feel a bit like that some days. The bloody corruption and manipulation gets to you. :(

That's it yes...

I am joking, though.....honest..... ;)

It's just that I want to see this whole stinking pile of debt ridden corruption come to an end.

The only problem is, it looks like it's gonna take a total collapse before it happens.....

Edited by Steve Cook

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That's it yes...

I am joking, though.....honest..... ;)

It's just that I want to see this whole stinking pile of debt ridden corruption come to an end.

The only problem is, it looks like it's gonna take a total collapse before it happens.....

We just have to hope that the mother of all black swans flies in under the radar and unloads a giant dump on these *****.

I don't mind having to take my share of the consequences. Bring it on. ;)

Edited by MOP

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We just have to hope that the mother of all black swans flies in under the radar and drops a giant dump on these *****.

I don't mind having to take my share of the consequences. Bring it on. ;)

What, like the Fed having to reveal where the money went ?

http://www.bloomberg.com/apps/news?pid=206...id=afi7TJiJFys0

If this were to actually happen, I guess things could get quite interesting....

Edit: Oops! Already posted.

Edited by narrowescape

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Dunno. Have only seen that (currently) very short Bloomberg article.

I hope it applies to past and future. This could be fun. :ph34r:

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More info on the "FED must 'fess up" story

http://www.zerohedge.com/article/federal-r...res-forthcoming

Aug. 24 (Bloomberg) -- The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial crisis, a federal judge ruled.

This is in relation to a lawsuit filed by Bloomberg LP against the Federal Reserve on November 7, 2008, in Southern District of New York (08-09595), in which Bloomberg sought material loan and collateral data in relation to emergency loans released by the Fed, and which were previously claimed to be non-FOIAble.

This is a large blow against the Fed and specifically against organizations using FOIA loopholes from providing critical information, specifically in cases involving trillions of taxpayer dollars bailing out huge, systematically and politically embedded financial organizations.

The conclusion from the order just issued by District Judge Loretta Preska is as follows:

The Board's Motion for Summary Judgment is DENIED, and Bloomberg's Motion for Summary Judgment is GRANTED. Specifically:

1. The Board shall produce forwith the Remaining Term Reports within five business days of the date hereof;

2. The Board shall search forthwith records at the FRBNY that constitute "Records of the Board" within the meaning of 12 C.F.R. # 231.2(i)(1); and

3. The parties shall confer following their review of the results of the search and inform the Court by letter no later than September 14, 2009 how they propose to proceed.

The beneficial outcome means that many more FOIA-based lawsuits against the Federal Reserve will now spring up, and with case law on their side, the outcomes of most will likely be on behalf of the plaintiffs. This could detour any short-circuit attempts by either Congress or Senate to prevent a Fed audit, as it may suddenly not be necessary, now that there is this alternative venue to get various pieces of information, previously not available to the general public.

Edit: Bloomberg story padded out now.

Edited by narrowescape

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Well, the company I work for still hasn't paid it's bills and Bernanke is being hailed as a hero and being given another 4 years, I had to dump my what was going to be my new job because they have not paid their bills... It is black on the inside, innit.

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I'm thinking of starting a black September thread???

Wasn't NR Sep07 and LEH Sep08?

I wonder if it's something to do with loan resets (spikes in Libor) or perhaps just confidence, volumes

and the nights getting darker.

... doesn't oil rise this time of year too?

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