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Reply #18: I think whoever is first to cash in their derivative bets [View All]

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DemReadingDU Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-22-10 08:21 AM
Response to Reply #17
18. I think whoever is first to cash in their derivative bets
Edited on Thu Apr-22-10 08:29 AM by DemReadingDU
Get the loot, whatever is there. The rest hold empty bags. This is why I think there ultimately will be a mass exit to the doors to grab the loot when the dominoes begin to fall. Everyone will be at the doors at the same time trying to grab what they can, but there isn't enough to satisfy everyone because the derivatives have been so grossly betted.

Edit: All the governments in the world will not be able to bailout all these derivative bets, without plunging into a black hole of debt. They might try with stopping the 'entitlements' (food stamps, unemployment checks, etc), but the hole will just get too large.

Hope Miss Mattie is feeling better.

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  -STOCK MARKET WATCH, Thursday April 22 ozymandius  Apr-22-10 04:31 AM   #0 
  - Today's Reports  ozymandius   Apr-22-10 04:37 AM   #1 
  - Initial claims @ 456,000 - last wk rev'd up 10k - U.S. March wholesale vegetable prices up 49%  UpInArms   Apr-22-10 07:45 AM   #16 
  - Oil eases hovers near $84 in Asia  ozymandius   Apr-22-10 04:40 AM   #2 
  - Obama keeps up pressure for financial overhaul  ozymandius   Apr-22-10 04:42 AM   #3 
  - Asian markets fall amid Greece debt worries  ozymandius   Apr-22-10 04:45 AM   #4 
  - Greek 2009 Deficit Was Wider Than Expected  ozymandius   Apr-22-10 04:58 AM   #6 
  - Along with SEC, other investigators and suits may target Goldman Sachs  ozymandius   Apr-22-10 04:50 AM   #5 
  - Well, looky here. Criminal charges being discussed!  ozymandius   Apr-22-10 05:15 AM   #7 
  - Nah, they were careful to buy a law first, before doing the evil.  tclambert   Apr-22-10 06:08 AM   #11 
     - but Even Congress Can't Legalize Fraud  Demeter   Apr-22-10 09:36 AM   #24 
  - ABACUS Spells More Trouble for Ratings Agencies  ozymandius   Apr-22-10 05:23 AM   #8 
  - So, According to the Big Picture--No Foul, No Penalty, Caveat Emptor?  Demeter   Apr-22-10 09:53 AM   #25 
  - So you can buy your way out of criminal charges?  fasttense   Apr-22-10 07:26 AM   #13 
  - Are Interest Rate Derivatives a Ticking Time Bomb?  ozymandius   Apr-22-10 05:47 AM   #9 
  - Here comes one of Tansy's questions --  Tansy_Gold   Apr-22-10 07:50 AM   #17 
  - I think whoever is first to cash in their derivative bets  DemReadingDU   Apr-22-10 08:21 AM   #18 
  - Miss Mattie is feeling lots better. She barked at a bucket this morning  Tansy_Gold   Apr-22-10 08:34 AM   #20 
     - Is it a blue bucket? 'Cause there's this walrus . . .  tclambert   Apr-22-10 09:11 AM   #21 
        - Okay, that went right over my head. ;-) The bucket is orange  Tansy_Gold   Apr-22-10 09:18 AM   #23 
           - There was this walrus  Robbien   Apr-22-10 12:04 PM   #29 
           - I've never heard of this story  DemReadingDU   Apr-22-10 12:37 PM   #30 
           - See also  tclambert   Apr-22-10 02:34 PM   #35 
           - Orange was my second guess, becuase it's Home Depot's color.  tclambert   Apr-22-10 02:38 PM   #36 
              - HD's CEO made some ugly remark months/years ago  Tansy_Gold   Apr-22-10 03:00 PM   #37 
  - Insanity  Hawkowl   Apr-22-10 10:14 AM   #27 
  - They Are All Nuts  Demeter   Apr-22-10 09:57 AM   #26 
     - I know a guy who'll give you a good deal on a bridge.  Dr.Phool   Apr-22-10 01:13 PM   #33 
  - Good morning, all and I hope you have a nice day.  ozymandius   Apr-22-10 06:02 AM   #10 
  - Good morning to all  burf   Apr-22-10 06:46 AM   #12 
  - Debt: 04/20/2010 12,871,255,665,556.84 (UP 8,206,250,340.46) (Tue)  Festivito   Apr-22-10 07:26 AM   #14 
  - Debt: 04/21/2010 12,865,514,120,486.88 (DOWN 5,741,545,069.96) (Wed)  Festivito   Apr-22-10 02:03 PM   #34 
  - dollar watch  UpInArms   Apr-22-10 07:27 AM   #15 
  - The Economist compares Tea Persons to Grampa Simpson....  TalkingDog   Apr-22-10 08:25 AM   #19 
  - Is this one of the funniest articles you've ever read, or what?  Joe Chi Minh   Apr-22-10 09:17 AM   #22 
  - The article itself is not so funny, but the 'about the author' made me smile  Robbien   Apr-22-10 12:38 PM   #31 
     - I did a double-take on that when I first read it! He seems to have first-hand knowledge  Joe Chi Minh   Apr-22-10 06:16 PM   #39 
  - K&R Happy Earth Day!  DoBotherMe   Apr-22-10 11:24 AM   #28 
  - Federal Reserve Made $47.4 Billion in 2009  Demeter   Apr-22-10 12:46 PM   #32 
  - Goldman whining that the SEC suit will "hurt America"  Robbien   Apr-22-10 03:26 PM   #38 
     - When You Are an Exposed Crook, You Are All Underbelly  Demeter   Apr-22-10 06:27 PM   #40 
        - In honor of GM's paying off part of their loan, why not have a  Tansy_Gold   Apr-22-10 08:14 PM   #41 
           - I Suppose There Are Enough Car Songs  Demeter   Apr-22-10 08:18 PM   #42 
              - I'll help you with this one, Demeter  Tansy_Gold   Apr-22-10 08:47 PM   #43 

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