American Banks are fucked!!!!!!!!!!!!!!!!!! - GoFuckYourself.com

AlienQ - BANNED FOR LIFE · 07-17-2008, 05:36 PM

Merrill Lynch reports $4.9 billion loss
CitiBank expecting to lose 2.9 Billion tomarrow.

The S&L's are going into the dirt the hardway...

Basically the Crux of the American economy and it's foundations are literally crumbling each day at this point. Not just crumbling, but evaporating. No saving's at this point is safe. Literally unless you gold in yer basement.

Get the fuck out of the cities folks...
Once the money is useless people gonan be breakin and burning shit.

I am going to predict LA goes into insane riots in 2009.

broke · 07-17-2008, 06:14 PM

Fleeing the cities? Bah.

If you think it's actually going to get that bad, when do you expect the mass exodus to start? You know... whitey fleeing back to Europe and leaving the US to the Mexicans? I don't want to miss that boat.

ztik · 07-17-2008, 06:18 PM

Wellsfargo pulled a huge profit..

TyroneGoldberg · 07-17-2008, 06:20 PM

Quote:

Originally Posted by broke

Fleeing the cities? Bah.

If you think it's actually going to get that bad, when do you expect the mass exodus to start? You know... whitey fleeing back to Europe and leaving the US to the Mexicans? I don't want to miss that boat.

GetSCORECash · 07-17-2008, 08:02 PM

Quote:

Originally Posted by AlienQ

I am going to predict LA goes into insane riots in 2009.

that should help the ecomony recover, with all the insurance claims...

Chauncy · 07-17-2008, 08:07 PM

Lynch bounced back after hours tonight and those numbers might look high to you but its nothing to the banks they are fine

DateDoc · 07-17-2008, 09:01 PM

Quote:

Originally Posted by Chauncy

Lynch bounced back after hours tonight and those numbers might look high to you but its nothing to the banks they are fine

Huh? MER lost almost 7% after hours.

Chauncy · 07-17-2008, 09:15 PM

Quote:

Originally Posted by DateDoc

Huh? MER lost almost 7% after hours.

Huh ?? I didn't check I just went on the word of my friend he is a VP at JP morgan chase I figured he was a good source I guess I should stop letting him handle my money

StickyGreen · 07-17-2008, 09:15 PM

The economy will crash pretty hard, the dollar will be worthless, and they'll bring in the Amero and the NAU as some sort of savior.

DateDoc · 07-17-2008, 10:39 PM

Quote:

Originally Posted by Chauncy

Huh ?? I didn't check I just went on the word of my friend he is a VP at JP morgan chase I figured he was a good source I guess I should stop letting him handle my money

I'd agree with that - he lied to you - time to ditch him!

ML CO CMN STK(NYSE: MER)
After Hours: 28.65 -2.08 (-6.77%) 7:59pm ET

Drake · 07-17-2008, 10:41 PM

Economic cycle

BlackCrayon · 07-17-2008, 11:21 PM

Surprisingly enough the Canadian banks say they are doing fine. What a world.

StickyGreen · 07-18-2008, 11:53 AM

Quote:

Originally Posted by Mike33

Economic cycle

Keep telling yourself that...

Tom_PM · 07-18-2008, 11:58 AM

Pretty sure most of Citi is owned by foreign investors anyway.. not sure it's an "american" bank really..

woj · 07-18-2008, 12:14 PM

Balance Sheet of Merrily Lynch:
Total Cash (mrq): 668.44B
Total Debt (mrq): 518.77B

5B loss sounds like a huge number, but that's less than 1% of the cash they have... Not exactly "sky is falling" situation yet...

tranza · 07-18-2008, 12:21 PM

ok then.............

macromind · 07-18-2008, 12:23 PM

Quote:

Originally Posted by BlackCrayon

Surprisingly enough the Canadian banks say they are doing fine. What a world.

Thats because they did not invest heavily into commercial paper and sub-prime. We have stronger regulations in place so that it doesnt happen to us.

DWB · 07-18-2008, 12:25 PM

Hmmmm... I recall posting several months ago about moving your money out of the USA and into a more stable currency if you were able. Ya'll said I was crazy.

Vendot · 07-18-2008, 12:40 PM

Quote:

Originally Posted by BlackCrayon

Surprisingly enough the Canadian banks say they are doing fine. What a world.

Which are the biggest canadian banks and what kind of writedowns did they have?

Kevsh · 07-18-2008, 12:47 PM

Quote:

Originally Posted by DirtyWhiteBoy

Hmmmm... I recall posting several months ago about moving your money out of the USA and into a more stable currency if you were able. Ya'll said I was crazy.

I was about to ask if you were American ...

Quote:

Ya'll

Never mind.

IllTestYourGirls · 07-18-2008, 12:52 PM

What banks are doing well? Can we say panic of 2008? (read about panic of 1907) And what is the fed doing? Trying to grab more power. We are being used. What happened after the panic....

Too bad Ron Paul was laughed off the stage, he predicted this shit long ago.

IllTestYourGirls · 07-18-2008, 12:54 PM

Quote:

Originally Posted by DirtyWhiteBoy

Hmmmm... I recall posting several months ago about moving your money out of the USA and into a more stable currency if you were able. Ya'll said I was crazy.

"Paper is poverty,... it is only the ghost of money, and not money itself." "I now deny [the Federal Government's] power of making paper money or anything else a legal tender." Jefferson.

Vendot · 07-18-2008, 01:17 PM

Quote:

Originally Posted by IllTestYourGirls

"Paper is poverty,... it is only the ghost of money, and not money itself." "I now deny [the Federal Government's] power of making paper money or anything else a legal tender." Jefferson.

"When the truth is found to be lies, and all the joy within you dies" - Jefferson.

http://www.seeklyrics.com/lyrics/Jef...y-To-Love.html

96ukssob · 07-18-2008, 01:38 PM

pretty shitty. i have accounts with BofA. although they are a large bank im still a bit fearful.

anyone want to hold onto my money for a bit?

buyandsell · 07-18-2008, 01:57 PM

Quote:

Originally Posted by AlienQ

Get the fuck out of the cities folks...
Once the money is useless people gonan be breakin and burning shit.

I am going to predict LA goes into insane riots in 2009.

seriouslly whats wrong with you? I am going to bump this thread next year to remind you

pornguy · 07-18-2008, 02:53 PM

FreddyMac considering selling Stock!!!!!!

07-17-2008, 05:36 PM	#1
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	American Banks are fucked!!!!!!!!!!!!!!!!!! Merrill Lynch reports $4.9 billion loss CitiBank expecting to lose 2.9 Billion tomarrow. The S&L's are going into the dirt the hardway... Basically the Crux of the American economy and it's foundations are literally crumbling each day at this point. Not just crumbling, but evaporating. No saving's at this point is safe. Literally unless you gold in yer basement. Get the fuck out of the cities folks... Once the money is useless people gonan be breakin and burning shit. I am going to predict LA goes into insane riots in 2009. __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \| Last edited by AlienQ - BANNED FOR LIFE; 07-17-2008 at 05:37 PM..

07-17-2008, 06:14 PM	#2
broke Confirmed User Join Date: Aug 2003 Location: Someplace Windy Posts: 4,501	Fleeing the cities? Bah. If you think it's actually going to get that bad, when do you expect the mass exodus to start? You know... whitey fleeing back to Europe and leaving the US to the Mexicans? I don't want to miss that boat. __________________ Perfect Gonzo

07-17-2008, 06:18 PM	#3
ztik Confirmed User Industry Role: Join Date: Aug 2001 Location: Nomad Posts: 5,196	Wellsfargo pulled a huge profit.. __________________ .

07-17-2008, 08:07 PM	#6
Chauncy Confirmed User Join Date: Jun 2002 Location: Detroit Posts: 642	Lynch bounced back after hours tonight and those numbers might look high to you but its nothing to the banks they are fine __________________ Sell a man a fish, he eats for a day, teach a man how to fish, you ruin a wonderful business opportunity. -Karl Marx

07-17-2008, 09:15 PM	#9
StickyGreen . Industry Role: Join Date: Oct 2003 Posts: 13,076	The economy will crash pretty hard, the dollar will be worthless, and they'll bring in the Amero and the NAU as some sort of savior. __________________ Refer Cam Girls and Take Home 10% of Everything They Make For Life

07-17-2008, 10:41 PM	#11
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Economic cycle

07-17-2008, 11:21 PM	#12
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	Surprisingly enough the Canadian banks say they are doing fine. What a world. __________________ you don't know you're wearing a leash if you sit by the peg all day..

07-18-2008, 11:58 AM	#14
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	Pretty sure most of Citi is owned by foreign investors anyway.. not sure it's an "american" bank really.. __________________ 43-922-863 Shut up and play your guitar.

07-18-2008, 12:14 PM	#15
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	Balance Sheet of Merrily Lynch: Total Cash (mrq): 668.44B Total Debt (mrq): 518.77B 5B loss sounds like a huge number, but that's less than 1% of the cash they have... Not exactly "sky is falling" situation yet... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

07-18-2008, 12:21 PM	#16
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	ok then............. __________________ I'm just a newbie.

07-18-2008, 12:25 PM	#18
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Hmmmm... I recall posting several months ago about moving your money out of the USA and into a more stable currency if you were able. Ya'll said I was crazy.

07-18-2008, 12:52 PM	#21
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	What banks are doing well? Can we say panic of 2008? (read about panic of 1907) And what is the fed doing? Trying to grab more power. We are being used. What happened after the panic.... Too bad Ron Paul was laughed off the stage, he predicted this shit long ago. __________________

07-18-2008, 01:38 PM	#24
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	pretty shitty. i have accounts with BofA. although they are a large bank im still a bit fearful. anyone want to hold onto my money for a bit? __________________ Email: Clicky on Me

07-18-2008, 02:53 PM	#26
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	FreddyMac considering selling Stock!!!!!! __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!