27 Replies. 2 pages. Viewing page 1.
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| 27. |
Re: Bear Stearns failure |
Mar 18, 2008, 08:12 |
Mr. Tact |
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That'd be sub-prime, not prime rate. There's a massive difference. You are correct, I misspoke. In general I agree with, "they took the risk, they pay the price" attitude expressed by someone else. Unfortunately, all the financial institutions are so tied together we are teetering on a case of falling dominos. I've talked for years semi-jokingly about living to see a US financial collapse which would make the 1930s look like a holiday. While this might not be the start of that, it renews my feelings the prediction may yet prove true.
This comment was edited on Mar 18, 08:12. |
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| Truth is brutal. Prepare for pain. |
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| 26. |
Re: Fake Irish bah! |
Mar 17, 2008, 23:21 |
xXBatmanXx |
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True story
PS the other half is German. I get my drinking fill during Oktoberfest...
hahhaahha my day was very similar.
I wore nothing close to it, a lady that sits in the general area of me..."You aren't looking very Irish..."
I looked at her like she was half retarded and said, "uh, I am German, we don't celebrate".
She says, "Well that isn't very festive, I am Swedish, but I wore green and am celebrating."
I almost grabbed my gun and put it in my mouth.
Liberty City: Not as racist as the Midwest. |
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In this present crisis, government is not the solution to our problem; government is the problem. / Few men have virtue enough to withstand the highest bidder.
Playing: RL |
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| 25. |
Re: Fake Irish bah! |
Mar 17, 2008, 20:53 |
Kxmode |
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At work...
Coworkers: where's the green?
Me: I don't need green
Coworkers: Why?
Me: Because I'm half-Irish. I am green. I don't need a color to tell me I'm Irish.
Coworkers: Are you going to drink green beer?
Me: I give up... 
True story
PS the other half is German. I get my drinking fill during Oktoberfest...
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http://www.gamemusicjukebox.com/
Game p/reviewer for http://www.gameindustry.com/
This comment was edited on Mar 17, 20:57. |
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| 24. |
xkcd. |
Mar 17, 2008, 20:51 |
Kxmode |
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| 23. |
Re: Fake Irish bah! |
Mar 17, 2008, 20:15 |
xXBatmanXx |
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don't use St Patrick's Day as an excuse to get drunk because true Irish people don't need an excuse.
Ah, a fellow professional! 
See, us German's don't need an excuse, we are just always soused!
Liberty City: Not as racist as the Midwest. |
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In this present crisis, government is not the solution to our problem; government is the problem. / Few men have virtue enough to withstand the highest bidder.
Playing: RL |
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| 22. |
Fake Irish bah! |
Mar 17, 2008, 19:48 |
Quboid |
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OK people, no St Paddy's fighting in here, do it in your local pubs. There's a big point that all the "Irish" out there don't realise.
REMEMBER: If you celebrate Saint Patrick's Day, you're not Irish.
What you are is one of the millions and millions of people who claim to be Irish but have only a tiny connection long ago. You are Irish if a) you claim to be Irish and b) you don't give a flying fuck about Saint Patrick's day. I'm Irish, in that I am now and have spent about 98% of my life on the island of Ireland. Ulster, to be more specific, so ye'd better be watchin' yer mouth about my accent hi, or I'll kneecap ya. I also don't give a crap about St Paddy, in fact I'm sober and it's just past midnight. That is true Irish - I don't use St Patrick's Day as an excuse to get drunk because true Irish people don't need an excuse.
(I'm Northern Irish actually, but that's technicality. Whether you live in the south (Republic of Ireland) or the north (part of the UK), you are from the island of Ireland and you have the mentality.)
Quboid |
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| 21. |
Re: St Paddy's Day |
Mar 17, 2008, 19:01 |
Cutter |
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Cutter is probably already well into his festivities
LOL! Actually I got 'er goin' last night. Then when the professionals do it. Even though our family is Irish, I fucking hate St. Paddys. It's the second worst day of the year next to Mother's Day to work in hospitality. I don't even go out for St. Paddys. I just can't stand dealing with the lightweights and clowns who can't handle their shit.
'The media says I use fear as a tactic. That doesn't even make sense. How do you use fear as a breath-mint?'
- Terry McGurrin as George W. Bush |
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| "Peter, breakfast for dinner is anarchy!" - Lois |
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| 20. |
No subject |
Mar 17, 2008, 18:58 |
Killer Kane |
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...Yeah, and the Scots are really well known for their "Mandingo" sized appendages 
I don't want to achieve immortality through my work. I want to achieve it through not dying |
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| 19. |
Wow |
Mar 17, 2008, 18:06 |
banddirector |
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I'd heard there were some Irish-Scot issues out there, but I guess I had to read them here to find out how venomous they really are ...
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There are 3 kinds of people in the world; those who understand math, and those who don't ... |
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| There's no place like 127.0.0.1 |
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| 18. |
Re: No subject |
Mar 17, 2008, 17:36 |
Burrito of Peace |
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Since you've lowered the tone a bit, I hope you choke on it. And then step on a left-over land-mine from your ridiculous 'leave our potatoes alone' IRA-driven separatist spat.
No tone lowering, you're just a bastard who can't handle having the piss taken out of him. Sorry you're so sensitive. How the fuck you didn't pick up on it when I mentioned Dario Franchitti is beyond me.
However, since I said it was 3:36 at the time, that'd put me in CST here in the United States of America. It's hard to step on land-mines here unless, of course, they're of the dog or cow shit variety.
When I said "we kicked you off the island", I was referring to about 1200 years ago. Jesus, man, don't you even know your own history?
This comment was edited on Mar 17, 17:45. |
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| 17. |
Re: No subject |
Mar 17, 2008, 17:29 |
sir |
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...and sheep fucking. Let's not forget the sheep fucking, the unintelligible accents and Dario Franchitti.
We Irish can't help that we're far better than you and kicked you off the island in the first place now can we?
Happy St. Paddy's to all of you. It's 3:36 and on my 8th pint of Harp Guinness.
Since you've lowered the tone a bit, I hope you choke on it. And then step on a left-over land-mine from your ridiculous 'leave our potatoes alone' IRA-driven separatist spat.
Edit: Never mind the land-mine bit, since the time check in your post betrays you as being one of those pretend American Paddies who've come no closer to Ireland than a leprechaun has to a pot of gold. As for unintelligible accents, I only need to say one word. Ulster. But again you don't get it, because the only connection you have to Ireland is the Guinness-tainted urine that's flowing out of your half inch cock.
This comment was edited on Mar 17, 17:40. |
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| 16. |
Re: Bear Stearns failure |
Mar 17, 2008, 16:40 |
Fang |
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The thing was that they weren't even in the subprime market. They were in something called "Alt A". These are similar to prime rate mortgages (applicants have to have good credit), but due to some technicality miss the standard prime rate mortgage rules.
They are a far cry from subprime.
But the market is scared of anything in the mortgage market so are fleeing even these good credit mortgages.
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Find a Halo 3 Custom Game going on right now:
http://www.halo3customs.com/ |
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| 15. |
Re: Bear Stearns failure |
Mar 17, 2008, 16:39 |
xXBatmanXx |
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Also, if they were stupid enough to get involved with the gold rush fever mentality of going after that INCREDIBLY risky market, then they've richly deserved their absolute failure.
A good financial analyst in their employ should have told them "Get in that market? Are you crazy?".
But you are not taking into account government bailouts. heh. Look at our current situation. No accountability, and everyone gets a pass....oh yeah, election year helps as well.
I have many records indicating my contempt for the past 6+ years of the "housing market". It is an internal win, but it is a win nonetheless. Comments, conversations, e-mails, etc., no one wanted to listen to common sense. I was 2 years off, I thought it would have happened in late 05 early 06.....but now we are in the thick of it, and although it is going to get bad, I can do nothing but smile.
How many houses have you seen on the MLS that says, "Agent is owner". You talk to these people and they say they can't afford it anymore. Well, yeah, thanks for contributing to the problem asshole.
I could go on forever about the problems in the system. When it gets down to it, the commission paid to these individuals is ludicrous. I hope they enjoyed their fat lifestyle, because I see a trend coming where commission gets closer to 0. As the value in the home decreases and normalizes, they are going to have to cut their commissions to get sales.
Liberty City: Not as racist as the Midwest.
This comment was edited on Mar 17, 16:44. |
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In this present crisis, government is not the solution to our problem; government is the problem. / Few men have virtue enough to withstand the highest bidder.
Playing: RL |
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| 14. |
Re: Bear Stearns failure |
Mar 17, 2008, 16:25 |
Burrito of Peace |
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prime-rate mortgage collapse.
That'd be sub-prime, not prime rate. There's a massive difference. Also, if they were stupid enough to get involved with the gold rush fever mentality of going after that INCREDIBLY risky market, then they've richly deserved their absolute failure.
A good financial analyst in their employ should have told them "Get in that market? Are you crazy?".
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| 13. |
Bear Stearns failure |
Mar 17, 2008, 16:03 |
Mr. Tact |
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| Anyone who's heard the news today heard about JP Morgan buying Bear Sterns. What you probably didn't realize is how massive a failure this is. We are talking about a bank in business since 1923. They survived the depression but not the prime-rate mortgage collapse. Their stock was selling for $150 a share a year ago, it opened at roughly $65 a share last Monday. This morning JPM bought them for $2 a share. This is bigger than Enron. |
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| Truth is brutal. Prepare for pain. |
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| 12. |
Re: No subject |
Mar 17, 2008, 15:50 |
xXBatmanXx |
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Happy St. Paddy's to all of you. It's 3:36 and on my 8th pint of Harp Guinness.
Prost!
Liberty City: Not as racist as the Midwest. |
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In this present crisis, government is not the solution to our problem; government is the problem. / Few men have virtue enough to withstand the highest bidder.
Playing: RL |
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| 11. |
Re: No subject |
Mar 17, 2008, 15:37 |
Burrito of Peace |
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Bah. As a Scotsman, I'm sick of the Irish stealing the Celtic thunder - what have they ever given the world apart from Guinness, potatoes and leprechauns. Yes, admittedly we were responsible for foisting Haggis and bagpipes on the world... ...and sheep fucking. Let's not forget the sheep fucking, the unintelligible accents and Dario Franchitti.
We Irish can't help that we're far better than you and kicked you off the island in the first place now can we? 
Happy St. Paddy's to all of you. It's 3:36 and on my 8th pint of Harp Guinness.
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| 10. |
Re: No subject |
Mar 17, 2008, 14:16 |
LFace |
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I dont normally mind the ads on this site (unless it has noises) but just had to mention the godawful one that just came on from T-Mobile.
Im on 1280x1024 res and a t-mobile floating flash ad came on that took over the entire screen covering the top 4 posts and it was moving all over the place. It took me about 20 seconds to find the damn close button (which was a miniscule x in the middle of the advert)
Dunno if you have a rule on ads on here or not Blue, but that was really extreme..
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| 9. |
Re: No subject |
Mar 17, 2008, 13:54 |
Wowbagger_TIP |
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Now, suppose I was outside on school ground during lunch and heard the cries of an injured person, possibly a hit and run car accident. If I leave the grounds I am breaking the rules, but if I don't help...further injury occurs. I decide to help. That's not even remotely the same thing. Seems obvious that the school should make exceptions to allow a student to render aid to someone in obvious and immediate need. Far cry from what happened in this case though. She just decided to leave without telling anyone except the bus driver.
She said she was going home sick. Ain't there any common sense out there? Sheesh.... Said to whom? She didn't tell anyone that mattered. She was supposed to call in sick or inform someone, most likely the nurse or an administrator, that she needed to go home. She didn't, so she gets detention. Big deal. It's not like they suspended her. She got a slap on the wrist for a minor infraction. That's it.
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| 8. |
Re: No subject |
Mar 17, 2008, 13:48 |
banddirector |
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But the fact remains that she did break the rules prior to the incident.
She said she was going home sick. Ain't there any common sense out there? Sheesh....
On an unrelated note, let the Sonics move to OKC. Somebody else can have a crappy team ....
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There are 3 kinds of people in the world; those who understand math, and those who don't ... |
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| There's no place like 127.0.0.1 |
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27 Replies. 2 pages. Viewing page 1.
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