Just When I felt Thursday Was A Bit Boring...

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Knowing
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Just When I felt Thursday Was A Bit Boring...

Post by Knowing » 2008-09-25 20:49

Drama! WaMu failed, the nation’s largest savings and loan bank, failed.

You think they will have spotlight for a while? No........House Republicans are rebelling against their own president's bailout plan! Are they trying to help McCain to avoid tomorrow's debate?


I can't even imagine what tomorrow's stock market is going to look like :uhh: And I certainly hope I dont' have to work this weekend too! :uhh: :uhh:
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DeBeers
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Post by DeBeers » 2008-09-25 20:51

omg,看样子房贷利率一时半会降不下来了,我们还是老老实实close我们的refi算了 :-(
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joe_cool
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Post by joe_cool » 2008-09-25 21:06

这几天华尔街没少挤兑WAMU:先是downgrade,再cut credit rating的。好象WAMU不垮就不甘心似的。 :action077:
到底WAMU招谁惹谁乐?越想越觉得有阴谋。让阴谋论搞的草木皆兵了都。
一要淡定,二要花钱。

ruby
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Post by ruby » 2008-09-25 21:07

Yah, I saw this on my palm an hour ago and couldn't believe my eyes. Although the rumor has been circulating for a while, I thought they may be able to hang out there a little bit longer.

Knowing
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Post by Knowing » 2008-09-25 21:27

Are you kidding? Everyone knew WaMu was going down for months... but I guess it is a surprise the end came right before the big help seemed so close.
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豪情
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Post by 豪情 » 2008-09-25 21:50

天哪....
我有朋友在WAMU工作... WAMU连着几年来被评为对员工最好的公司之一.SEATTLE这下又少了一个大公司.

Jun
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Post by Jun » 2008-09-25 22:00

Is it too late for the bailout package to work anyway?

The reality is that voters in these congressmen's districts do not want their representatives to vote for the bill. Might as well kill it now.
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Jun
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Post by Jun » 2008-09-25 22:05

http://www.washingtonpost.com/wp-dyn/co ... 04531.html
The Bush administration's pitch for a sweeping bailout of the financial system has centered on two simple premises: that the economy could suffer a crippling downturn if action is not taken very quickly and that this action should consist of the government buying troubled mortgage securities from banks and other institutions.

But many of the nation's top economists disagree with one or both of those ideas, even as many top political leaders have swung behind them.

Wall Street economists have mostly endorsed Treasury Secretary Henry M. Paulson Jr.'s plan, or a variation thereof.

But almost 200 academic economists -- who aren't paid by the institutions that could directly benefit from the plan but who also may not have recent practical experience in the markets -- have signed a petition organized by a University of Chicago professor objecting to the plan on the grounds that it could create perverse incentives, that it is too vague and that its long-run effects are unclear. Sen. Richard C. Shelby (Ala.), ranking Republican on the Budget Committee, brandished that letter yesterday afternoon as he explained his opposition to the bailout outside a bipartisan summit at the White House. The petition did not advocate any specific plan, including that offered yesterday by House Republicans.

:BloodyK:
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豪情
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Post by 豪情 » 2008-09-25 22:08

我阴暗地想, 不倒掉一个大家伙, 法案怎么通得过呢? 不是故意操纵的吧?

ruby
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Post by ruby » 2008-09-25 23:31

没有啦,我是以为它能撑到bailout plan通过以后垂死挣扎一下。银行,大家都看死它了,街上媒体上都传了这么久,活路肯定是没有的。Chase这下子是分支遍地了。

qinger
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Post by qinger » 2008-09-26 0:05

我看这年头401k不放算了, 把match的部分放满就可以了。
现在偶是胡军的扇子。

Knowing
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Post by Knowing » 2008-09-26 10:19

豪情 wrote:天哪....
我有朋友在WAMU工作... WAMU连着几年来被评为对员工最好的公司之一.SEATTLE这下又少了一个大公司.
小豪对西雅图还是那么情深意重。。。 :mrgreen: :mrgreen: :mrgreen:


WAMU 对员工可真好啊。三星期就挣十九米。


http://www.nytimes.com/2008/09/26/busin ... ref=slogin

Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment.
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joe_cool
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Post by joe_cool » 2008-09-26 10:45

真是让人目瞪口呆啊。 :shock: :shock: :shock:
这么多钱都让这些大鳄们拿走了,这里几十米,那里几十米,还有比林级别的。
一要淡定,二要花钱。

Knowing
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Post by Knowing » 2008-09-26 11:28

周酷同学打岔问一下, 你是新来的还是以前在后花园什么的常见的熟人换了个名字?
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joe_cool
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Post by joe_cool » 2008-09-26 12:18

我是后花园的千年潜水员,从阳光灌水(是这个名字吧?)就开始了。很少说话的,原因很lame,就是懒得打中文,打字太慢,茶壶里的饺子... :oops: :speechless001:
最近被国内的朋友拉着上QQ,过了打中文的心理关口,开始话痨了。
:wavy:
一要淡定,二要花钱。

Knowing
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Post by Knowing » 2008-09-26 12:26

啊,从灌水开始,那大家也是多年的姊妹了。端庄的握个手欢迎一下。 :chicken001:
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豪情
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Post by 豪情 » 2008-09-26 12:34

Knowing wrote:
豪情 wrote:天哪....
我有朋友在WAMU工作... WAMU连着几年来被评为对员工最好的公司之一.SEATTLE这下又少了一个大公司.
小豪对西雅图还是那么情深意重。。。 :mrgreen: :mrgreen: :mrgreen:


WAMU 对员工可真好啊。三星期就挣十九米。


http://www.nytimes.com/2008/09/26/busin ... ref=slogin

Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment.
现在明白为什么两个IB从良你那么感慨别人麻木了吧 :mrgreen:

joe_cool
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Post by joe_cool » 2008-09-26 12:36

那是那是。一转眼都快十年了! :shock: :shock: 天哪,没有没有,哪儿有那么久! :let_me_die:
端庄而郑重的跟小K握手.
一要淡定,二要花钱。

豪情
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Post by 豪情 » 2008-09-26 13:02

小K 眼真尖, 握手握手.

qinger
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Post by qinger » 2008-09-26 13:35

现在这个bailout plan倒底有多少胜算呢?
现在偶是胡军的扇子。

nanping
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Post by nanping » 2008-09-26 13:57

好像反对的最厉害的反而是共和党,大概不好跟保守选民交待吧。我觉得如果通过的话共和党的base会很生气,有利于帅哥当选 :mrgreen:

Knowing
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Post by Knowing » 2008-09-26 14:09

今天我老的阅读结果是,WaMu死的真惨。FED一直在逼它卖身,到最后干脆就是背着它本人把它贱卖给JPMORGAN ,为的就是FDIC不想赔钱--如果要赔得赔小二十比,今年倒了那么多银行,FDIC 已经开始赔不过来了。WaMu自己是不知道政府要接管的。前几个月刚投了两个比的TPG一下就血本无归啊。
希望BUFFET 没有被吓到。。

哎,最黑是政府啊...
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qinger
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Post by qinger » 2008-09-26 14:30

wamu的倒闭整个一个逼良为娼的例子。大家都指着说它要倒闭,能不倒吗。
我赌bailout plan会实行, 虽然今天也并没有那个胆子去买金融股。
现在偶是胡军的扇子。

豪情
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Post by 豪情 » 2008-09-26 15:19

从个人角度, 你希望通过吗?

我不希望.

Knowing
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Post by Knowing » 2008-09-26 15:27

我没有个人角度。通不过经济肯定要崩溃。通过也未必就能防止崩溃。到这个时候,我个人干嘛,咋想,屯食水干粮现款都没用,只能听天由命走着瞧了。
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joe_cool
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Post by joe_cool » 2008-09-26 15:39

即使这个7千亿的bailout plan通不过,也得有个其它的政府干预救市的办法,不能眼看着船沉下去。
不过话说回来了,看宝森那么急切的哀求通过这个7千亿救市计划,难道这个7千计划在他眼中真的是灵丹妙药,还是说美国经济已经糟到饮鸩止渴也在所不惜了?:speechless002:
我得好好想想我还有啥一直想买又舍不得买又早晚都得买的东西, :f19: 赶紧买下来。

遥远的跟豪情握个手。 :wavy:
一要淡定,二要花钱。

火星狗
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Post by 火星狗 » 2008-09-26 15:46

想救还不一定救的了呢。

传说保森不惜单膝跪在佩洛西面前……但是好像没啥直接效果就是。

WaMu的那个价钱真是砸锅跳楼甩卖价,不知道Buffet有没有暗暗的吐血。
Last edited by 火星狗 on 2008-09-26 15:48, edited 1 time in total.
如果是爱,就怎么也不可怕。
只是梦境而已。

qinger
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Post by qinger » 2008-09-26 15:48

我不敢再说要买什么了。上次说了车就被撞。
经济真是差, 我们公司连出差花销都开始控制了, per diem都不让, 吃饭实报实销。其实实报实销花的只会更多。
现在偶是胡军的扇子。

Knowing
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Post by Knowing » 2008-09-26 15:58

传说保森不惜单膝跪在佩洛西面前
Where did that rumor come from? :mrgreen:
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nanping
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Post by nanping » 2008-09-26 15:58

其实金融市场的危机07年后半年就已经出现了,宝森、伯南克、各大ibank的CEO们在这足足一年多的时间都在做什么说什么?到现在突然跳了出来,按着大家的头,威逼利诱地一定要在一个星期内通过这么一个无比“大胆”的bailout plan?

华尔街的人精们可用不着我们这些小人物的同情心。wall street也好,main street也好,都是撑死胆儿大的饿死胆儿小的丛林,谁比谁更可怜?

唉,我从来没有这么希望帅哥当选。

火星狗
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Post by 火星狗 » 2008-09-26 16:06

By dear New York Times
“I didn’t know you were Catholic,” Ms. Pelosi said, a wry reference to Mr. Paulson’s kneeling, according to someone who observed the exchange. She went on: “It’s not me blowing this up, it’s the Republicans.”

Mr. Paulson sighed. “I know. I know.”
如果是爱,就怎么也不可怕。
只是梦境而已。

joe_cool
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Post by joe_cool » 2008-09-26 16:06

我也在新浪看见宝森单膝下跪的事儿了。不过我对这条新闻持保留态度,明明是共和党反对这个计划,他给佩露西下跪也没用啊。宝森同学肯定不是不靠谱的人。
一要淡定,二要花钱。

joe_cool
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Post by joe_cool » 2008-09-26 16:11

看到火星给的source,NYT不会瞎编这种事吧。
天哪,宝森同学真的下跪啦。 :f28:
一要淡定,二要花钱。

DeBeers
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Post by DeBeers » 2008-09-26 19:24

WAMU 对员工可真好啊。三星期就挣十九米。


http://www.nytimes.com/2008/09/26/busin ... ref=slogin

Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment.
要是bailout plan通过了,他就拿不到这么多了呀 :evil:
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karen
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Post by karen » 2008-09-26 21:58

我不晓得为啥广众人民这次对CEO们 compensation那么关心。 我也不是看着不眼红,但几百米的分红已经发了,能揩的油水已经揩了,能捞的早就捞了,现在再限制他们能挣多少不是放马后炮吗。
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Jun
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Post by Jun » 2008-09-26 22:10

同意Karen。Home Depot, United Healthcare 这些CEO 的油水,那时候怎么没人抗议啊?尤其是UHC,都是从病人身上,denying claims,和压榨医生医院搞来的,而且都是公开的消息,我愤愤不平地跟人说,还被讥笑过,“一分钱一分货”。
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Post by 幻儿 » 2008-09-27 12:20

WSJ:"In a sign of the extraordinary tension, at one point in the afternoon Treasury Secretary Henry Paulson interrupted a small gathering of Democratic leaders at the White House with a plea for them not to say anything that might blow up the troubled deal, according to three people familiar with the matter. In doing so, the Treasury secretary got down on one knee, a gesture that one of these people described as a moment of levity in a rough day. "

Paulson大约是知道共和党不会同意,所以寄望于民主党。共和党当然是愿意拿钱救金融业,问题是政府出钱不是白出的,副作用就是出台一堆法规限制金融业,而共和党最不能忍受的就是政府干预。

金融业投机过头也不是一天两天的事。从七八十年代开始,格林斯潘掌Fed,里根上台,就迎来资本主义自由经济的春天。就是现在金融巨头高待遇也可以说是从七十年代取消trade commission fee cap开始的。 80年代末的junk bond scandal引发savings and loan crisis, 90年代末Long-Term Capital Management引发金融地震,都无法阻挡时代的主旋律--deregulation. 想来这次金融危机,再加上民主党总统上台,政府干预一定会增加,资本主义就要进入冬天了。

qinger
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Post by qinger » 2008-09-28 12:43

居然真的通过了。
现在偶是胡军的扇子。

nanping
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Post by nanping » 2008-09-29 12:40

居然真的没通过 :speechless002:

qinger
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Post by qinger » 2008-09-29 13:21

今天市场疯了。
现在偶是胡军的扇子。

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