Goddaz Posted September 25, 2008 Author Report Share Posted September 25, 2008 It gets worse, Carpe, assuming your a tax payer over there, you going to step up & give some p to help the US economy? lolI really hope we don't catch a serious cold coz of this. Quote Link to comment Share on other sites More sharing options...
Guest Flava Dave Posted September 25, 2008 Report Share Posted September 25, 2008 why wouldnt the BBC be reliable? Quote Link to comment Share on other sites More sharing options...
VENOM Posted September 25, 2008 Report Share Posted September 25, 2008 why dont they just start again.everyone's debts should be cancelled, credit rateing reset, and evertthing start again. Quote Link to comment Share on other sites More sharing options...
Goddaz Posted September 25, 2008 Author Report Share Posted September 25, 2008 Lol, venom, that will only excerbate the situation. Quote Link to comment Share on other sites More sharing options...
Mr. Gayle Posted September 25, 2008 Report Share Posted September 25, 2008 why dont they just start again.everyone's debts should be cancelled, credit rateing reset, and evertthing start again.Would love the credit agencies to be bombed TBH Quote Link to comment Share on other sites More sharing options...
Goddaz Posted September 25, 2008 Author Report Share Posted September 25, 2008 why dont they just start again.everyone's debts should be cancelled, credit rateing reset, and evertthing start again.Would love the credit agencies to be bombed TBH Why? (I have an idea but I don't want to assume tbh) Quote Link to comment Share on other sites More sharing options...
VENOM Posted September 25, 2008 Report Share Posted September 25, 2008 i would actually liek to see a world distaster happen tbh. end of the day the strong will survive.. Quote Link to comment Share on other sites More sharing options...
Mr. Gayle Posted September 25, 2008 Report Share Posted September 25, 2008 why dont they just start again.everyone's debts should be cancelled, credit rateing reset, and evertthing start again.Would love the credit agencies to be bombed TBH Why? (I have an idea but I don't want to assume tbh)Cos I have perfect credit Quote Link to comment Share on other sites More sharing options...
Mr. Gayle Posted September 25, 2008 Report Share Posted September 25, 2008 Just print more money Quote Link to comment Share on other sites More sharing options...
Goddaz Posted September 25, 2008 Author Report Share Posted September 25, 2008 Bully, you know you can fix your credit file yeah? (even if its perfect lol) Quote Link to comment Share on other sites More sharing options...
Guest Flava Dave Posted September 25, 2008 Report Share Posted September 25, 2008 Just print more moneyLMAOtell that 2 Zimbabwe Quote Link to comment Share on other sites More sharing options...
Mr. Gayle Posted September 25, 2008 Report Share Posted September 25, 2008 Bully, you know you can fix your credit file yeah? (even if its perfect lol)What with them ebay tings, they dont workAnd I aint got money to be paying back them age old debts Quote Link to comment Share on other sites More sharing options...
VENOM Posted September 25, 2008 Report Share Posted September 25, 2008 Goddaz, restore your credibility and explain shortselling in no more than 5 simple lines.and i want to shortsell Microsoft..how do i do this so it crashes and i buy their shares. GO Quote Link to comment Share on other sites More sharing options...
djbmc Posted September 25, 2008 Report Share Posted September 25, 2008 can someone sticky this? i smile everytime i read the title Quote Link to comment Share on other sites More sharing options...
Guest Swiftie Posted September 25, 2008 Report Share Posted September 25, 2008 Goddaz, restore your credibility and explain shortselling in no more than 5 simple lines.and i want to shortsell Microsoft..how do i do this so it crashes and i buy their shares. GOBad company to use as an example mind you. Coz how is 1 man (you) going to spread a big enough rumour to force other shareholders (ones who are going long) to panick sell? Quote Link to comment Share on other sites More sharing options...
VENOM Posted September 25, 2008 Report Share Posted September 25, 2008 Goddaz, restore your credibility and explain shortselling in no more than 5 simple lines.and i want to shortsell Microsoft..how do i do this so it crashes and i buy their shares. GOBad company to use as an example mind you. Coz how is 1 man (you) going to spread a big enough rumour to force other shareholders (ones who are going long) to panick sell?richest company in the world? Quote Link to comment Share on other sites More sharing options...
Goddaz Posted September 25, 2008 Author Report Share Posted September 25, 2008 Goddaz, restore your credibility and explain shortselling in no more than 5 simple lines.and i want to shortsell Microsoft..how do i do this so it crashes and i buy their shares. GOLol, restore my credibility you knowFundamentally its just when a trader sales a financial instrument in the hope of buying them later at a cheaper price.I won't do that with MS coz the government are clamping down on that. Infact they are NOT allowing it.YOURSELF can NOT crash MS stocks, sick guy Quote Link to comment Share on other sites More sharing options...
Guest Flava Dave Posted September 25, 2008 Report Share Posted September 25, 2008 also, theyd kinda b no needonly firms affected by short selling in the current climate are financial institutions because shareholders and other banks themselves arent confident enough in the liquidity of even the largest firms (AIG, Fanny Mae etc having to be bailed out) and most of these firms rely on inter-bank lending and sh*t, so wen this doesnt happen as much then ppl will jsu think sutin bad is gonna happenMicrosoft isnt in anyway connected to that so i dunno how on earth short selling could wipe off its value and sh*t Quote Link to comment Share on other sites More sharing options...
Goddaz Posted September 25, 2008 Author Report Share Posted September 25, 2008 David, in theory it could but its a VERY LONG shot & you'll need ALOT of money to do it. In this climate, its not going to happen.If somehow MANY MANY MANY investors/finance firms started to short sell MS stocks. It could drive the rest of the market to follow suit or at least lower its value. MS stocks is very STRONG so forget about tbh. Quote Link to comment Share on other sites More sharing options...
housed Posted September 25, 2008 Report Share Posted September 25, 2008 hmmm i dont get this./say if i had a credit card and 2 loans and dint pay ne of them and they get put to an agency thingy? and i have to pay them instead of the banks and i do pay them would my credit rating go bk higher?or if these comopanies go bust wouldit cnacel my debt?confuzzled.or is it all calculated at a creidt refeence ageny? what r they? confsued.do the determine ur rating? Quote Link to comment Share on other sites More sharing options...
housed Posted September 25, 2008 Report Share Posted September 25, 2008 i type to fast inpatietn u see gdfgdfgdfgdfg Quote Link to comment Share on other sites More sharing options...
Goddaz Posted September 26, 2008 Author Report Share Posted September 26, 2008 hmmm i dont get this./say if i had a credit card and 2 loans and dint pay ne of them and they get put to an agency thingy? and i have to pay them instead of the banks and i do pay them would my credit rating go bk higher?or if these comopanies go bust wouldit cnacel my debt?confuzzled.or is it all calculated at a creidt refeence ageny? what r they? confsued.do the determine ur rating?Lol @ agency thingyNah, the only time you pay a credit reference agency is when you want to obtain your credit file. Experian at the moment let you do a 30 day trail for free but make sure you cancel it before the 30 days or they'll debit your account. You pay who you literally owe unless it gets passed on to debt collection agencythen you pay them who then pay whoever you owe. Usually by then they probably defaulted you. The many defaults you have, the worse your credit score/file/rating gets. It's updated every month. If you pay it off, your file may get better, it just depends on your other credit situation. It's worked out collectively too.Credit Agencies simply record & store all your financial escapades for helping other financial & non financial companies to make decisions on giving you credit/accounts/hp or a job. Some don't even use the major credit reference agencies (Experian, Equifax), they have their own system of assessing.Ok, all certain financial debts you owe will appear on your file, these could be bank related (credit cards, loans, over drafts etc), anything on higher purchase like car, tv, basically whatever you are paying off little by little & you signed a credit agreement. Other things include county court judgements, debt collecting agencies etc.I hope the above helps you but I STRONGLY suggest you go to; http://www.experian.co.uk/ or http://www.equifax.co.uk/Anything else you wanna know just holla Quote Link to comment Share on other sites More sharing options...
Grafter Posted September 26, 2008 Report Share Posted September 26, 2008 Let's beat the credit crunch by printing some more fake Krispy Kreme vouchers please Quote Link to comment Share on other sites More sharing options...
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