Jimmy Lathrop

Total Rating:
+6 / -21

216 Comments

    • Fri Nov 21st 22:39 PM | Rating: 0 0
      Commented on:
      What Would Lou Do?
      Thanks for the perspective, Roger. It was refreshing.
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    • Fri Nov 21st 07:06 AM | Rating: 0 0
      Commented on:
      Klarman, Einhorn and Witmer: Examining Q3 Filings
      Any article concerning Greenlight Capital without discussing Greenlight Re is telling only half of the story,
      View article »
    • Fri Nov 21st 07:04 AM | Rating: 0 0
      Commented on:
      Why This Isn't Financial Armageddon
      I understand that the band played while the Titanic sank. Substitute the words manila dinner party.
      View article »
    • Fri Nov 21st 06:51 AM | Rating: 0 -1
      Commented on:
      Gold in the Low $600s?
      Hey Hand, did you know that if you insult the King of Thailand within the borders, its a crime punishable by imprisonment? If you click on j.bosun's profile, he has a webpage, but you can't find his name anywhere. That is because the Thai government monitors his web page. There are some things money and gold can't buy but the first thing that comes to mind is the First Amendment and freedom of speech. I mean, after all, it's what allows you to post your opinions without fear of reprisal. Right?


      On Nov 21 12:09 AM The hand wrote:

      > "Moving to Thailand in this economic crisis is like trying to find
      > shelter from a wildfire in a fireworks factory." - jimmy lathrop
      >
      >
      > i would be careful about throwing out baseless crap. your claims
      > about the rule of law are laughable - and for a expat, thailand pretty
      > much beats anywhere in the world. the political turmoil in thailand
      > is peaceful open dissent relating to a former prime minister - and
      > the few incidents of violence are from a radical islamic group not
      > supported by the general population of the south. i would have no
      > hesitation of living in thailand - and most places are significantly
      > cheaper than the usa.
      >
      > "It wouldn’t surprise me if in our lifetimes we never see gold back
      > below $700/oz.rised if gold never again drops below $700 an ounce
      > in our lifetimes." - jeffrey nichols
      >
      > i would agree. the reason is simply the uncertainty about tomorrow
      > will cause a flight to gold and will build a foundation under this
      > price level.
      >
      >
      >
      >
      View article »
    • Thu Nov 20th 13:17 PM | Rating: 0 0
      Commented on:
      Widening Rich/Poor Gap Spreads Contradict Global Recovery
      I work from 9 to 5 and wrote it on my own time. I see you posted at 10:42 which is the Rong thing to do on company time.


      On Nov 20 10:42 AM Rong wrote:

      > Dirt lawyer/Jimmy L., enjoyed your comments. Who did you bill, how
      > much for the time you spent on this?
      View article »
    • Thu Nov 20th 13:15 PM | Rating: 0 -1
      Commented on:
      Why Most Americans Don't Mind if the Big Three Fail
      I'm tired of UAW members taking over this board.
      View article »
    • Thu Nov 20th 08:04 AM | Rating: +1 -2
      Commented on:
      Why Most Americans Don't Mind if the Big Three Fail
      Mon Nov 17th 07:19 AM | Rating: +1 0
      Commented on:
      GM Bailout Would Be Agony for Taxpayers
      I am not interested in putting my tax dollars to work so that an auto worker in Michigan making $78 an hour does not have to make a co-pay on his universal health insurance. That is a spit in the face to all of the hardworking Americans in the South employed in factories owned by Honda, Toyota and Mitsubishi. People talk about not wanting to buy cars from a bankrupt company. The figures show they aren't buying them now anyway. The only argument for keeping GM dealerships afloat is that they are employing the out of work mortgage brokers who wrecked our economy and that's a poor reason.
      View article »
    • Thu Nov 20th 08:01 AM | Rating: 0 -1
      Commented on:
      Why Most Americans Don't Mind if the Big Three Fail
      I am tired of the old consumer demand argument being trotted out to support the SUVs. There is consumer demand for child pornography and heroin. We don't subsidize those either.
      View article »
    • Thu Nov 20th 07:59 AM | Rating: 0 -2
      Commented on:
      Widening Rich/Poor Gap Spreads Contradict Global Recovery
      I would base the headline on the thesis of the last paragraph, something along the lines of, Widening Rich/Poor Gap Spreads Contradict Global Recovery. Especially since most people reading this site understand that triple AAA, as defined by GE, does not exist.

      But what do I know, I'm just some dumb dirt lawyer from Brooklyn. Me talk pretty someday.
      View article »
    • Thu Nov 20th 07:52 AM | Rating: 0 -1
      Commented on:
      Gold in the Low $600s?
      There are many things wrong with both of your comments but I will just point out the most glaring one. Moving to Thailand in this economic crisis is like trying to find shelter from a wildfire in a fireworks factory. I hope your gold will pump out fresh water, food, medical care and a consistent system of rule of law from its hiding space under your mattress because your king has not been particularly interested in making sure that all of his subjects have equal access to that.

      If the United States does embark on the sort of paranoid neo-con adventure that you are advertising, the first stop will by Myanmar, not Zimbabwe, and your neighbors will rush across the border to meet our troops, hanging onto the helicopter skids as they take off to the carriers.


      On Nov 20 07:26 AM bosun.j wrote:

      > Jimmy:
      >
      > Burn one if you have it. Flatbush is getting the best of you!
      >
      > Your assertion that the government will seize gold holds some water
      > as FDR confiscated gold in the '30s. Certainly.
      >
      > However, Jimmy, some of us have been smart enough to get out of America
      > with our gold before its confiscated. In some cases to places where
      > personal gold ownership has been a matter of course for over two
      > thousand years.
      >
      > As for Zimbabwe, America is about to become Zimbabwe on steroids.
      > Not because of the new President about to enter office however. Rather,
      > Jimmy, because of the Extremist-Capitalist neo-CON model that has
      > brought the world to the collapse that is now well under way. <br/>
      >
      > As such, one can imagine you'll have allot more time for pro bono
      > work very soon!
      View article »
    • Thu Nov 20th 07:40 AM | Rating: +1 -1
      Commented on:
      Fed Bank Regulatory Powers: The Dog That Didn't Bark?
      Sir

      Are you somehow suggesting that an Administration which exercised executive powers like a baseball bat for the last eight years and installed department store mannequins as financial regulators somehow were asleep at the switch?

      The question which is going to be asked in a year is the Watergate questions, which is, what did they know and when did they know it.
      View article »
    • Thu Nov 20th 07:37 AM | Rating: 0 -1
      Commented on:
      Thursday Market Preview: The Bears Are Firmly in Control
      Isn't it interesting that the congressional mandate to provide affordable homes to anyone without six months of credit delinquencies through securitization of MBS resulted in a collapse of trade credit? We got the redistribution of wealth that we wanted! So why is everyone so unhappy? Oh that's right. Instead of some people being broke, now we're all broke. Misery loves company I guess. Bill Rogers is right. When you hear about Cabinet members secreting their cash into overseas markets, we have officially become a third world nation. Someone should set up some prop bets on which administration member is going to be caught hiding cash to avoid taxation You have until February to make your picks, so start research.
      View article »
    • Thu Nov 20th 07:31 AM | Rating: 0 0
      Commented on:
      Homebuilder Confidence Hits Record Low: What This Means for Investors
      I think this is an interesting article but I would really prefer the author to write a companion piece as to what these companies balance sheets will look like if the median home price drops to $160,000 in 2010 as the projections indicate. That's a 13 percent drop from where it is now. I would assume that the author would suggest that a decline on that order would be challenging. My assumption would be that a further 13 percent drop would lead to serious insolvency, reorganization and wiping out of shareholder value to protect the billions of dollars of outstanding bonds issued by these companies which dwarf the amount of existing shares.
      View article »
    • Thu Nov 20th 07:27 AM | Rating: 0 -2
      Commented on:
      Widening Rich/Poor Gap Spreads Contradict Global Recovery
      Great article, crummy headline. That is not the fault of the author. That is the fault of the SA editorial board. The headline is a small part of the overall thesis which is much more illuminating than the tag leading into it.
      View article »
    • Thu Nov 20th 07:25 AM | Rating: 0 -1
      Commented on:
      JPMorgan: Expect Fed to Cut to 0% in January
      A combination of the terms JPM and economists is, in itself, an oxymoron.
      View article »
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