hi, i'm chester - and i'll take you rollerskating ([info]aphexmandelbrot) wrote,
@ 2008-11-20 11:42:00
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This journal was brought to you by: Formatting While Sick. (or, "TWO YEAR YEILDS DID WHAT.")

Holy shit.

Goldman has gone BELOW their fucking IPO.

That’s a decade’s-worth of growth for them down the tubes.

Get on the motherfucking boat. No, Rose – Leo DiCaprio is fucking dead. Bitch, get back here! OH NO SHE HAS THE JEWEL OF THE SE-

fuck i’m so sick i’m confusing metaphors.

StockCrashesNov192008

4z2h660

EVERYBODY DO THE BANK.

=======

“GMAC LLC, the financial arm of General Motors Corp., said Thursday that it has applied to become a bank-holding company so it can access some of the emergency cash available through the U.S. Treasury's Capital Purchase Program.”

=======

HEY EVERYONE LETS BE A BANK.
COME ON GRAB YOUR PARTNER!
EVERYBODY DO THE BANK.
SWING YOUR LEFT NUT OUT! SWING YOUR RIGHT NUT IN! NOW TWIRL YOUR PENIS AROUND LIKE IT IS A CANE AND WEAR A MONOCLE! 
EVERYBODY DO THE BANK!

1227020916247

Swing your partner round and round!
FASTER!
NOW HIT HER FOR TALKING BACK.
Aaaaand wifeswap!

EVERYBODY DO THE BANK.

Awesome2

General Growth Properties, the second largest mall owner in the U.S. behind Simon Property, has hired bankruptcy counsel ...

From the WSJ: Mall Owner Lines Up Bankruptcy Law Firm (hat tip crispy&cole)

Debt-laden mall giant General Growth Properties Inc. has hired the law firm Sidley Austin as bankruptcy counsel ... The move doesn't mean a Chapter 11 filing is imminent.
...
The company, which owns more than 200 U.S. malls, has struggled to repay debt it amassed during an acquisition binge near the market's peak.’

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The Dept of Transportation reports on U.S. Traffic Volume Trends:

Travel on all roads and streets changed by -4.4% (-10.7 billion vehicle miles) for September 2008 as compared with September 2007. Travel for the month is estimated to be 232.8 billion vehicle miles.

VM1

VM2

Here is the Philadelphia Fed Index for November activity released today: Business Outlook Survey.

Conditions in the region's manufacturing sector continued to deteriorate, according to firms polled for this month's Business Outlook Survey. Most broad indicators declined again in November, following sharp decreases in October. ... Most of the survey's indicators of future activity slid further into negative territory this month, suggesting that the region's manufacturing executives expect continued declines over the next six months.
...
The survey's broadest measure of manufacturing conditions, the diffusion index of current activity, decreased from -37.5 in October to -39.3 this month. This index, which fell a dramatic 41 points last month, is now at its lowest level since October 1990.
...
The current employment index fell notably this month, declining seven points, to -25.2

1226570963447

4z2h660

 

And that is where babies come from.




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