Dear Elaine Good thing is progressing. Ready to restart 15 days white candle until Christmass' eve?
U.S. Treasury Ready to Prevent Failure of Automakers (Update2) By John Brinsley and Jeff Green Dec. 12 (Bloomberg) -- The Bush administration dropped its opposition to using the $700 billion bank bailout to provide financing for U.S. automakers, after the Senate yesterday failed to approve emergency loans. “Because Congress failed to act, we will stand ready to prevent an imminent failure until Congress reconvenes and acts to address the long-term viability of the industry,” Treasury spokeswoman Brookly McLaughlin said in an e-mailed statement. The Treasury has used all but about $15 billion of the first half of the Troubled Asset Relief Program’s funds since the plan was enacted Oct. 3. Treasury Secretary Henry Paulson has until today repeatedly resisted calls to use the program to aid the automakers. While the Treasury’s one-sentence statement doesn’t mention the TARP, White House spokeswoman Dana Perino said earlier in a separate statement that the Bush administration is considering using some of the program to keep the auto companies afloat. “Under normal economic conditions we would prefer that markets determine the ultimate fate of private firms,” Perino said. “However, given the current weakened state of the U.S. economy, we will consider other options if necessary -- including use of the TARP program -- to prevent a collapse of troubled automakers.” The administration’s shift comes after repeated statements by Paulson that any injection of funds required a plan “that leads to viability.” Revive Lending “The intent of the TARP was to deal with financial institutions and major systemic issues and getting lending going in capital institutions,” Paulson said in a Nov. 13 Bloomberg Television interview. “Congress, I believe, should address the question of the auto industry.” Emergency loans for General Motors Corp. and closely held Chrysler LLC were rejected late yesterday after talks failed over Republican senators’ demands that union workers accept a cut in wages next year. GM and Chrysler said they may run out of cash for their operations as sales head toward their lowest in 17 years. Senator Bob Corker , a Tennessee Republican involved in failed efforts to forge a compromise last night, said providing TARP money without union commitments to restructure and wage concessions would make it “less likely” that the companies become more competitive. Such a move would put “good money after bad,” Corker said in a Bloomberg Television interview. GM Chief Executive Officer Rick Wagoner told Congress last week, and has said repeatedly, that the Detroit-based automaker is trying to avoid bankruptcy at all costs. Lead director George Fisher said last week that GM considered and rejected the option and it was “way down the list” of alternatives. GM Shortage Still, GM also has said it will lack the minimum $11 billion needed to pay bills by the end of this month, raising the prospect of bankruptcy should it fail to win a cash infusion. GM reported having $16.2 billion as of Sept. 30. An attempt to restructure GM in bankruptcy would end up as liquidation, because sales would plummet as buyers flock to solvent car companies, Wagoner has said. Chrysler has said it will run out of money early next year. It ended the third quarter with $6.1 billion in cash and needs at least $3 billion on hand to operate, Chief Executive Officer Robert Nardelli told Congress on Nov. 18. Pressure was mounting on GM and Chrysler this week before the congressional failure as both faced demands from a small number of parts-makers for payments in advance because of the bankruptcy concerns, people familiar with the matter said. Ford Chief Executive Officer Alan Mulally said his company doesn’t need emergency U.S. loans, though he predicted last week that the automaker could be dragged into bankruptcy by the failure of GM. To contact the reporters on this story: John Brinsley in Washington at jbrins...@bloomberg.net ; Jeff Green in Washington at jgree...@bloomberg.net Last Updated: December 12, 2008 10:40 EST Powered by Telkomsel BlackBerry® -----Original Message----- From: Elaine Sui <elainesu...@gmail.com> Date: Fri, 12 Dec 2008 21:07:19 To: <obrolan-bandar@yahoogroups.com> Subject: Re: [obrolan-bandar] Re: bozz lagi duduk manis... *Yes, buy more. But why'd you be my fan? Anyhow, thanks, I take that as a compliment. Elaine salah predict about the big three, I thought It's gonna be smooth. Damn republicans, they wanna pass the problem to the next president. Somehow I'm not worried at all. Christmas is near, cheer up! Elaine** * 2008/12/12 Frendy <wildwildwes...@gmail.com> > hauhaua..........still BUY ? hari ini udah batal 15 consecutive white > candlesnya....lol.... > but. i'm still one of ur fans....so....BUUUYYY.............MORE........ > > > ----- Original Message ----- > *From:* Elaine Sui <elainesu...@gmail.com> > *To:* obrolan-bandar@yahoogroups.com > *Sent:* Thursday, December 11, 2008 9:07 PM > *Subject:* Re: [obrolan-bandar] Re: bozz lagi duduk manis... > > *Aw shit I forgot this.. BUY!!! [?] Elaine tidak janji tapi coba mau kasih > 15 consecutive white candles. lol.. > > Elaine* > > 2008/12/11 Elaine Sui <elainesu...@gmail.com> > >> *Artomoro dan Oentoeng punya kenal bozz. Elaine tidak tahu bozz. Kalau >> Market Makers itu Elaine tahu. They're responsible for maintaining market >> liquidity. About 40% of the daily volume is NOT made by traders. Terlalu >> sedikit traders (with adequate fund) untuk bisa keep IDX liquid, and most >> big funds are not doing day trading. >> >> These market makers are official and endorsed by the IDX (though never >> exposed). Basically what they do are just moving things around. So you know. >> Sometimes you may see their work by looking at broker codes, like broker XX >> bought 60,000 shares, and then sold 59,500 shares on the next day. I assure >> you that THIS was done by a market maker. The fact that they only did a net >> buy of 500 shares. No fees of course. >> >> Without them, IDX will be very 'dry' and volatile. Their job is to provide >> buyers/sellers for everyone. Every stock market has market makers, I dunno >> about IDX, but in the US this is done by automated computers. >> >> Elaine* >> >> 2008/12/11 elvira raven <elvirara...@yahoo.com> >> >> jgn telan bulat2 omongan di milist ini... bahkan sekalipun ia seorang >>> jendral di milis ataupun institutional dealer di sekuritas asing .. >>> setiap orang punya kepentingan masing2 dalam posting disini, apalagi >>> dealer2 asing yg pake nama bozz dan lain2... >>> >>> >>> --- On Thu, 12/11/08, y_dizz <y_d...@yahoo.co.id> wrote: >>> >>> > From: y_dizz <y_d...@yahoo.co.id> >>> > Subject: [obrolan-bandar] Re: bozz lagi duduk manis... >>> > To: obrolan-bandar@yahoogroups.com >>> > Date: Thursday, December 11, 2008, 1:41 AM >>> > Katanya DONT SELL ANYTHING, sekarang kok suruh disiplin pada >>> > target >>> > Pak? >>> > >>> > >>> > >>> > --- In obrolan-bandar@yahoogroups.com, artomoro9 >>> > <artomo...@...> >>> > wrote: >>> > > >>> > > cuaca belum mendukung... >>> > > >>> > > sabar... >>> > > >>> > > >>> > > kalo cuaca mendukung, bozz siap2 terbangin lagi. >>> > > >>> > > >>> > > jangan lupa disiplin pada target anda. >>> > > >>> > > >>> > > salam, >>> > > >>> > > >>> > > >>> > > artomoro9 (ngopi dulu aaahh...) >>> > > >>> > > >>> > > >>> > > DISCLAIMER ON >>> > > >>> > > --------------------------------- >>> > > Bersenang-senang di Yahoo! Messenger dengan semua >>> > teman >>> > > Tambahkan mereka dari email atau jaringan sosial Anda >>> > sekarang! >>> > > >>> >>> >>> >>> >>> >>> ------------------------------------ >>> >>> + + >>> + + + + + >>> Mohon saat meREPLY posting, text dari posting lama dihapus >>> kecuali diperlukan agar CONTEXTnya jelas. >>> + + + + + >>> + +Yahoo! Groups Links >>> >>> >>> >>> >> > >
