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Carlyle Capital Corporation Limited Collapses

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endarkenment Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 10:24 AM
Original message
Carlyle Capital Corporation Limited Collapses
Are we in the midst of a major financial system meltdown? The fed put up 200B two days ago to assure financial stability and it seems that that with a collapsing dollar and a spreading crisis the market has voted too little too late.

http://finance.google.com/finance?q=AMS:CCC&client=news
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 10:40 AM
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1. The real crash happened in August
when institutional investors like banks and brokerages finally realized the "assets" they'd been buying from hedge funds in the form of Structured Investment Vehicles were nothing more than laundered bad loans on overpriced property in California.

We're just getting the bad news handed out a little piece at a time so we don't panic.

Meanwhile, the big money's gone from the stock market and into commodities, creating a few bubbles there.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 11:12 AM
Response to Reply #1
5. But they knew in July...which is when they did the IPO on this crap.
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 10:41 AM
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2. So, looking at the bio, it appears this is part of what we call the Carlyle Group?
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Rydz777 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 10:46 AM
Response to Reply #2
4. Well known Carlyle Group "employees" = Papa Bush and
James Baker.
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Rydz777 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 10:43 AM
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3. "Helicopter Ben" Bernanke said he would drop dollars from
the sky to prevent recession, but all that that will do is create hyper-inflation, like Germany in the 1920's. When we bought into a "globalized" economy, we not only lost our industrial base but also lost our ability to support the dollar.
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 11:48 AM
Response to Original message
6. I see the first decade of 2000 and the reason for the Supreme Court theft
was to get these people in to be able to make and steal all the money possible so that they can be ready when they take this country down to make it a second and third world economy so that they can continue to prosper.
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