The "up-to-the-minute Market Data" thread

reply to post by Vitchilo
Hmmm...from that statement...

Please be aware: CCorp will be operating from its DR location; therefore all data entered into the DR clearing system will be deleted. Firms that receive data during the test to their production system should take precautions not to process disaster recovery transactions with production data.

I don't like the sound of that...deleted???

reply to post by Vitchilo


Vitchy, my man, you've really got me worried now. That deserves it's own thread!

I wish so many dots didn't join...

Remember the whole ``one other big crisis and this will be it?``

... this might be it...

From another thread on ATS...

Capmark Said Ready to File for Bankruptcy

BY MIKE SPECTOR

Capmark Financial Group Inc., one of the nation's largest commercial-real-estate lenders, plans to file for bankruptcy as soon as this weekend, a person familiar with the situation said.

The much-expected move underscores the deep problems in the business-property market. After suffering from the collapse in residential mortgages, U.S. banks face steep losses from commercial real-estate loans. Capmark has originated more than $10 billion in commercial real-estate loans, according to Moody's Investors Service.

The Commercial real-estate bubble is starting to implode!

Ok...im leaving now.

More dizzying news, this time from Reuters:

On Friday the U.S. Food and Drug Administration issued an emergency use authorization for an experimental new drug called peramivir, made by Biocryst Pharmaceuticals Inc (BCRX.O) and licensed to Shionogi & Co Ltd (4507.T).

The authorization allows the intravenous drug to be used in hospitalized patients who cannot take pills or inhale Relenza or when Tamiflu or Relenza do not seem to be helping. (Additional reporting by Maggie Fox, editing by Eric Beech and Mohammad Zargham)

Want to know how this relates to the markets?

Very revealing post

what is the market suppose to be at for this to be a concern. the whole crash thing

Originally posted by jimmyx
all the big boys need to pay off their F-ups, and they are doing it with the cheapest money they can squeeze out of the economy. once that is done, the dollar will again start to rise, when the big boys have their books cleared. all those cheap dollars will become more valuable in buying power, once the fed takes the dollars off the worlds market shelf by increasing interest rates.

[edit on 24-10-2009 by jimmyx]

Thats what I don't understand. The real money increase won't come until all the debt is paid off. Then we will dollars flying around everywhere. Thats when we should see a weak dollar, not now when most dollars are just retiring debt. Eveything is ass-backwards with current economic theory.

Here's another ~connect the dots~ page out of corrupt .Gov...

Lazard Asset Management Fund Dumps The Dollar
www.istockanalyst.com...

Lazard Asset Management
www.lazardnet.com...

Banker a Big Player In Iconic Deals
www.washingtonpost.com...

Rahm Emanuel, Former Investment Banker
dealbook.blogs.nytimes.com...

Obama Adviser Emanuel Set to Speak to Critics at U.S. Chamber
www.bloomberg.com...

...think there's no connection here???

And here's something interesting from Nigeria...again...

Nigeria to Limit Market Share of Domestic Banks to 20%, Central Bank Says
www.bloomberg.com...

Nigeria’s central bank will limit domestic banks’ market share to 20 percent and prevent the country’s biggest lenders from acquiring stakes in 10 institutions that failed an audit earlier this year, Governor Lamido Sanusi said.

And so much for ~Buy American~ with that high speed rail-line in the south-west...yer stimulus dollars at work...in China...

China South, Bombardier Venture May Sell Trains to U.S., Morning Post Says
www.bloomberg.com...

China South Locomotive & Rolling Stock Corp.’s venture with Canada’s Bombardier Inc. may supply trains to Desert Express, the U.S.’s first high-speed passenger rail service, the South China Morning Post reported today, without saying where it got the information.

[edit on 10/24/2009 by Hx3_1963]

So how will this Lazard change impact the dollars rising value? And how many more funds will follow suit? Seems to me it was an attempt to bolster the pound as why on earth would they go with the pound instead of something stronger like say the Chinese yen.

Trying to keep it all together is my guess. Also we have seen these companies do this issuance of 10 to 1 stock in order to strengthen the stocks position so they say. Could that be an effort to show greater trade volume on the exchange to hide the falling buy volume?

Thanks for the posts HX3...You the man!

reply to post by Vitchilo
Here's something else that just popped up on someones ~RADAR~...

E Trade, Scottrade, Td Ameriatrade Down
www.abovetopsecret.com...

More institutions are being added to the list by the minute...Hmmm...

...Why all at roughly the same time?

The plot thickens?

[edit on 10/25/2009 by Hx3_1963]

reply to post by Lil Drummerboy


Well if the anything from the derivatives house of cards, to the impending commercial real estate implosion, to the unmitigated collapse of a top bank comes about, as widely predicted, there won't be any doubt. It won't be numbers that concern people so much as a run on the banks.

Let's hope we never see it.

Originally posted by pause4thought
reply to post by Lil Drummerboy

 

Well if the anything from the derivatives house of cards, to the impending commercial real estate implosion, to the unmitigated collapse of a top bank comes about, as widely predicted, there won't be any doubt. It won't be numbers that concern people so much as a run on the banks.

Let's hope we never see it.

Hope is Dope

Swine flu is more important right now, let's forget about this for a moment...
You see, it's more like a mirror event, where the dead from swine flu are reported in the media, but the dead from economic crisis are not - the suicides, I mean. So, the surge of emergency cannot be observed directly.
Now, hospitals are authorized to move patients to "a location outside the hospital for treatment". (And use all the "necessary force"?)

Because, there's gonna be "run on the hospitals"...

Scary.

I wonder how Mondays markets will react to the news of 105 bank closures???

According to MarketWatch, "CreditSights, which tracks the dismal data, predicts that in the current cycle, from 2008 through 2011, as many as 1,100 banks will fail. That would wipe out 13.4% of all U.S. banks, representing 7% of U.S. banking assets."


The FDIC has already proposed that the nation's banks "prepay" the deposit insurance that is due between now and 2010. That would raise about $45 billion for the agency. The FDIC said it fell into the red in late September, which means that it faced the prospects of having to ask the Treasury for billion of dollars to cover the expenses of more bank closures

Source
the people in the know are suggesting once the FDIC regains it's funding the rate of closures will speed up dramatically... Monday should be an interesting day to be sure... as in... reality check is coming

reply to post by DaddyBare


Nothing is going to happen as the predictions are that stocks will be higher.

Resolution Authority ASAP
yglesias.thinkprogress.org...

Both in answering the question and in his prepared text, Mr. Bernanke again beseeched Congress to act soon to give regulators “resolution authority” to cope with the imminent collapse of a big financial firm other than a bank, and to address other vulnerabilities in the regulatory regime exposed during the crisis.

More power...

Asian leaders seek to reduce Western trade ties
www.reuters.com...

Asia-Pacific leaders called on Sunday for regional-wide free trade and other measures to reduce dependence on the United States and big Western markets as Asia leads the way out of the global economic downturn.

The end is nigh for us.

reply to post by Vitchilo


My friend, the end was here a long time ago, but Americas pride has kept the nations citizens blind and oblivious of everything.

But no so for us here in ATS.

USA Loses In An Economics War And Is Now A Defeated and Conquered Nation

1-Americans have been defeated in an economics war with consequences as meaningful and damaging as if having lost a military war.

2-China and Japan each operate their economies as one huge business

3-These two nations may have a handful of rich entrepreneurs, but no one makes money at the expense or the well-being of their country

(They practice protectionism)

4-Japan now outproduces all other nations while paying the world’s highest wages.

(Americas Wages has been steadily declining)

5-The U.S. cannot compete with these two global competitors, China and Japan.

6- Both nations have completely knocked the U.S. out of many of the industries the U.S. originally founded.

7-Nations that finance our foreign debt and export numerous products to the U.S. are building large currency reserves

8-These currency reserves are economic bullets poised to strike and take out any American company.

9-All U.S. companies are for sale on the open stock market.

10-Chinese and Japanese companies are not for sale.

11-We must resign ourselves as a defeated and conquered nation. Living as a foreign owned colony, controlled and managed by foreign interests for their benefit, and we as their subjects.

www.economyincrisis.org...

Then people wonder why the rest of the world is dumping America

Thanks marg for the post in my thread.

As requested here is the info:

Originally posted by lucentenigma

Capmark Financial Group Inc., one of the nation's largest commercial-real-estate lenders, plans to file for bankruptcy as soon as this weekend, a person familiar with the situation said. The much-expected move underscores the deep problems in the business-property market. After suffering from the collapse in residential mortgages, U.S. banks face steep losses from commercial real-estate loans. Capmark has originated more than $10 billion in commercial real-estate loans, according to Moody's Investors Service.

WSJ

Of course they announce this when the markets are closed.

Could this be large enough to bring another huge dip in the market Monday?

www.bloomberg.com...#

They have apparently filed. I have been reading and watching since I returned home on Friday and even though my beloved Apple hasn't let me down,I am now in somewhat of a panic about funds held in places like Vanguard because of this.

This could be epic.

Asian markets will be important...hoping dear Hx3 is not too engaged in football and Bud to post?

Panic sex hugs to all.

reply to post by lucentenigma


Thanks lucentenigma is always to keep with the news on the economic woes, this are very important news and something to watch tomorrow.

Just wanted to show you something REALLY INTERESTING... If I would have known, maybe I would have put 100.000$ on the table and go there...

80% of 9000 foreclosed homes put on sale by Detroit yesterday WERE NOT SOLD, even if the lowest bid was 500$.

Meaning, you put down 500$, and if nobody put another price on it, you get the house for 500$.... that is an insane deal if you want to bet... and become a millionaire when things go back up...

But it seems even at those prices, nobody wanted to buy those properties... probably a sign of the times...who wants to buy land in bankrupt America, much less Detroit?

www.reuters.com...

This is sad and sick at the same time... me thinks they should give back the houses to people...but no, greed and corruption is in power in Detroit.

Bernie Madoff scam partner found dead in Florida...
- Killed himself?
- Killed by his bosses?
- Killed by some guy who got ripped off by Madoff?
www.foxnews.com...

reply to post by Vitchilo


The problem is that you get stuck with the property taxes and I don't think the properties are even worth the taxes that are owed.

Another one in the news, Citi is also in trouble, I mean no CIT.