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The banks had a GREAT day.

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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:03 PM
Original message
The banks had a GREAT day.
Wells Fargo and Company +4.72 (+31.70%)

Bank of America Corp. +2.60 (+30.63%)

JPMorgan Chase and Company +5.32 (+19.39%)

US Bancorp (US Bank) +3.28 (22.84%)

Huntington Bankshares +.44 (+25.73%)


Suck it, Krugman.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:04 PM
Response to Original message
1. oh good
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:07 PM
Response to Original message
2. Somebody smack the grin off my face. n/t
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Extend a Hand Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:09 PM
Response to Original message
3. pump&dump
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:19 PM
Response to Reply #3
5. Not likely
nt
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gcomeau Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:13 PM
Response to Original message
4. Happy and everything...
...but "suck it Krugman" is rather premature. Those have to hold before they can be taken to mean anything other than that a bunch of traders thought they could make some money off the stocks in the short term by taking advantage of a positive news release.
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:20 PM
Response to Original message
6. Oh yay! Wall street criminals are making money.
Call me for the celebration when actual human beings can get a living wage job and everyone has non-corporate health care.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:36 PM
Response to Reply #6
11. lulz
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:22 PM
Response to Original message
7. And several million Americans couldn't find a job! WOOT!!
But let's be happy for those Banksters

:eyes:
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cwcwmack Donating Member (369 posts) Send PM | Profile | Ignore Thu Apr-09-09 03:33 PM
Response to Reply #7
8. +1 n/t
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:35 PM
Response to Reply #7
9. Crazy Funny!
The banks have been blamed for so long.

The banks are good.

So, what is really wrong with our economy?
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:59 PM
Response to Reply #9
13. FUCK the banks
FUCK JP Morgan Chase. FUCK Saudi owned Shittibank. FUCK Bank of Sicilia America. FUCK any Wall Street whore speculators, and most of all, FUCK the "Federal Reserve" which is just as "federal" as Federal Express.

Too big to fail? More like too corrupt to be allowed to continue. And until we realize that reality, they will continue to rape and pillage America. :grr:

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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 04:01 PM
Response to Reply #13
15. Noted
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 04:10 PM
Response to Reply #9
16. "The banks are good"
"Good" in what way? Good in keeping people in debt servitude? Good at failing and then managing to receive trillions in taxpayer dollars? You mean that kind of "good"?
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HiFructosePronSyrup Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 04:01 PM
Response to Reply #7
14. New unemployment claims way down.
I know it sucks for the anti-Obama people trying to talk the economy down, but hey...
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:36 PM
Response to Original message
10. Govt has been givin them $ for how long now?
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 03:37 PM
Response to Reply #10
12. :-)
Not so much.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 04:15 PM
Response to Original message
17. Fargo jumped their earnings date and came out 2 weeks early, there's no reason for that other than..
...to get their earnings out before the bad news of other banks taking 1st quarter losses...not big losses but losses never the less.
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 04:17 PM
Response to Original message
18. Some folks made a TON of money at all of our expense
so it has to be posted as a dig a Krugman.

And people wonder certain sorts of Obama supporters gained a reputaton as cultists.

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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 04:19 PM
Response to Original message
19. Too bad that doesn't do squat for 92% of America.
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 04:19 PM
Response to Original message
20. Well, I would hope. After all that money we gotta give 'em so that they can
lend it back to us with interest.

:sarcasm:
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