AIG just got $37 billion in addition to the original bailout.
They don’t know when they will stop borrowing. Wait, what?
Wow, I was just kidding. Touch a nerve
First and foremost, I am not a religious person in the traditional sense. I did not post that one video for the religious aspects. My personal beliefs are rooted in philosophies which border on Taoism and Confusionism. Not that it even matters. I don’t wave anything around like a zealot, nor have I ever told anyone they were wrong for thinking a certain way. Not once have I ever argued that someone was plain wrong in their beleifs, political views etc because that is something that is subjective and to criticize someone on something like that is just plain wrong and not in my character.
See what you don’t realize here is that I have no solid view points or opinions on just about anything. I personally am very free form in my thoughts and actions. I take a pieces of information, digest it, form an opinion then try to validate that opinion as being credible or not worth my time and even then I can see the opposite view points. The thing here, is that I fall on no one end of an extreme and attempt to find balance in all, thus leaving me in the middle. I merely try to look at things from all angles.
As for being omnipotent, in my automotive knowledge or anything else, one can only be something when labeled that. You have just given me that label. I have never claimed omnipotence and have stated many times in the past where I could be wrong or am unsure of something not too mention that I make it a point to stay humble especially when people are praising me for my work. Forgive me if in my automotive knowledge is backed with years of experience and facts. I can’t help it, that’s where yes and no, right and wrong can come in as working on a car is objective. Beliefs are subjective. Who am I to say you are wrong or right? So I have not.
I have never stated that these things were facts. Fact is, I have always posted them as my thoughts on the subjects for the sake of discussion. I do not delight in deliberating to the point of nothingness, I state my thoughts and leave it at that, maybe delve a little more but whenever a major argument stems from it, I simply bow out because I do not enjoy debate on here as it usually boils down to SERIOUS (as in not kidding) personal attacks such as this one. Nothing more, nothing less.
I [FONT=Verdana]believe that these things are possibilities. I have no proof to say that they are happening or will happen other than the information that is readily available out in the world. Truth be told I hope they never do happen. There has only been one time in a thread that I stated I have no real proof just information that I have experienced. The closed minded statement, speaks to ones ability to acknowledge both viewpoints for their possibilities at being valid. Alot of people on this forum and world are closed minded in general. That’s not a shocker. It is what it is. Since I am NOT here to change any minds nor do I care to I don’t go to the great lengths and effort during my day to compile all the data I have experienced over time to prove my point… It’s just not worth it because in the end, I’m just crazy right? I have better things to do with my time. Oh well not a big deal. I have only once said I had no proof and that people are closed minded and I believe that, but again it speaks the the character that most people expose on the forum. To each their own.[/FONT]
However thanks for the over board personal attack, I’m glad I get to see your true feelings, hell, what are friends for I guess.:meh:
On topic, sorry for the response, I haven’t been near the computer to type it out and the database was down when I read this the other morning.
The UK is in talks of a similar 700 billion pound bailout of their banks and nationalizing the smaller failing banks.
UK is going to follow in the US’s footsteps. Our CEO told them thanks but no thanks.
Dear Colleagues,
This morning the UK Government announced plans to provide liquidity and inject capital into the UK banking market. HSBC welcomes these proposals as necessary steps to restore confidence. HSBC has no current plans to utilize the UK Government plans as all relevant Group subsidiaries are appropriately capitalized. With respect to North America, as I have recently reported to you, the Group remains committed to the region and demonstrates that commitment by ensuring all HSBC - North America entities are equally fully capitalized.
As you know, HSBC operates in 85 countries and territories worldwide with a market capitalization of US$190 billion (as of October 7, 2008), positioning us as one of the world’s largest financial services organizations. Over 100 million customers worldwide entrust HSBC with US$1.2 trillion in deposits. HSBC has more deposits than loans, with a loan to deposit ratio of 90 percent, and has a tier one capital ratio of 8.8 percent as of June 30, 2008.
Should you receive questions from our customers, please feel free to use the key points in this message as necessary.
During these challenging times, I am proud to be working for an organization like HSBC, together with all of my colleagues across North America. I would like to take this opportunity to thank you for your commitment and good work.
Yours sincerely,
Brendan McDonagh
Chief Executive Officer | HSBC North America Holdings Inc.
nice
As I recall, HSBC is one of the few banks that saw/admited all of this trouble several years ago.
HSBC has a massive deposit base that’s why they’re fine
Obviously. Apparently so have I, though I didn’t intend to.
YGPM.
Enron.
If I had any stock in them, I’d get rid of it now.
I just read article about Bush Talking to other world leaders about interest rates, etc.
Why not just have one Central Bank for the entire world?
Discuss.
I’ll be banker and call the thimble
Blue Eyed devil, that was a joke right?
i love AIG, bunch of greedy nitwit fucknuts
It was bait really.
yep. way to flush out the commies McCarthy jk
I;m just keeping my mouth shut
NEW WORLD ORDER - EVERYTHING IS FALLING INTO PLACE
:gotme:
highlights:
“Stocks are on track for their worst year since 1937.
“It’s a domino effect. Stocks are falling out of bed. There is distrust in the market and distrust in the government that is trying to heal this,” said Peter Cardillo, economist with New York-based Avalon Partners.”
“President Bush is scheduled to make a statement about the crisis this morning in the Rose Garden, the White House said late Thursday. He also will take the unusual step of meeting with finance ministers from the Group of Seven industrialized countries Saturday.”
"Some of the worst damage was among U.S. automakers. J.D. Power and Associates said that the global auto industry may experience an “outright collapse” in 2009. "
"Robert Solow, who won a Nobel Prize in 1987 for his work on economic growth, said the “potential for instability was always there” but he is surprised at the magnitude of the problems. “I’m as puzzled as anyone else,” he said. “I don’t have any particular wisdom to sell.”
aaaaaiiiiiiiyyyyyyyaaaaaaaaahhhhhhhhh
Fuck it. I’m just gonna move to Dubai
I can’t believe this is happening in my lifetime. Is it sad that I’m saying that?
It was pretty inevitable.
This has obviously failed horribly in Switzerland.