tag:blogger.com,1999:blog-2335748440449035592.post7864701040043041478..comments2008-06-29T16:55:08.229-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2335748440449035592.post-2097264641708976522008-06-29T16:55:00.000-04:002008-06-29T16:55:00.000-04:00and to extend my comments,<BR/><BR/>the PPT would be on the scene licky-de-split, re-inflating the financial system [and eroding the damage from the excesses of the past]hrs0944http://www.blogger.com/profile/09986838112144909482noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-59060741278801443522008-06-29T16:52:00.000-04:002008-06-29T16:52:00.000-04:00if you are correct, that the financial system is near a total meltdown; wouldn't that be a positive for the real estate market?<BR/><BR/>assuming some level of financing [if needed], perhaps an investment in rental real estate would suffer less errosion of value than a paper assethrs0944http://www.blogger.com/profile/09986838112144909482noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-60564905114111900522008-06-29T16:45:00.000-04:002008-06-29T16:45:00.000-04:00That's the problem with BLK. The neighbourhood is just plain rotten.Risk Manager Jeffhttp://www.blogger.com/profile/14994763012317049832noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-63198275674050839082008-06-29T16:39:00.000-04:002008-06-29T16:39:00.000-04:00Fortis expects a complete collapse of the US financial markets within a few weeks. That explains, according to Fortis, the series of actions by the bank of last Thursday to raise €8 billion. <BR/><BR/>“We have been saved just in time. The situation in the US is much worse than we had thought”, says Fortis chairman Maurice Lippens. <BR/><BR/>Fortis expects bankruptcies among the 6000 capital-starved American banks. "But with Citigroup, General Motors, a complete meltdown in the US is beginning.”<BR/><BR/>http://www.telegraaf.nl/dft/nieuws_dft/1359966/__Amerikaanse__meltdown__reden_geldinjectie_Fortis__.html<BR/><BR/>That's the CEO of one of the leading European banks...postpone.judgementhttp://www.blogger.com/profile/03551208774621541386noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-22524602498168581362008-06-29T16:24:00.000-04:002008-06-29T16:24:00.000-04:00This is an investing development. And I totally agree. I was also wondering why BLK was getting a little woodshed action. I had thought that somehow the BSC portfolio was causing problems, but I was under the impression, they are managaging it only. But even if BLK has first dibs, that's like a 50% stock buyback. I dont know if they will want to stand under that much of even their own stock. I wonder if some BLK shares are already getting unloaded in the market.<BR/>A buying opportunity? I think so.Risk Manager Jeffhttp://www.blogger.com/profile/14994763012317049832noreply@blogger.com