FB: Liberty League

[superman57]

ok so superman just watched Reign Over me with Don Cheadle and Adam Sandler... wow... great movie...

[dewcrew88]

I love the fact that all the talk of Yom Kipper brought out the ad of learning classical Hebrew...

The Rev put the word jackass in his post twice, and the next time he looked at this page there was an ad for Red Sox gifts.

It's science...
Red Sox fans = jackasses  (except my main man TGP)

hey, hey, hey! I'm offended! 

[pumkinattack]

Rev,

  Sometimes its the best business decision (personal values aside).  If anyone was going to do it, though, it would've been better before the gov't changed the personal BK laws. 

  One positive, if colleges start seeing a decline in matriculation (between tougher credit and demographic changes as the kids of baby boomers move out of college altogether) schools will stop their unrealistic cost increases (7% per annum for 20 plus years is absurd) and dip into their endowments more, rather than running it as a profit center and source of ranking strength. 

  Markets are going to open down again.  Russia, Ukraine, Indonesia and Iceland all halted trading and the Nikkei was down 8 or 9%.  I forgot another good investment move: marry a rich (and preferably hot) girl. 

Bart's version of the Union game notes are posted:http://campus.hws.edu/athletics/hobart/football/2008notes/union.pdf

[dlippiel]

Getting a start on the weekend here are some picks:

WPI 35 - MM 21

Bart 21 - Union 13 (How good is the TE for Union?  No one's done it this year, but that will be a size mismatch all day for them, I think Bart can limit Coney's avg. barring no long runs - unlike Arciddicono who had a bunch of 6 -7 yd rushes one year)

Upset Pick
Susquehanna 21 - UR 20 (I think I spent most of my posts defending Rochester, but Susquehanna has some size on their lines and suspect they may be on an upswing)

Also, I wouldn't want to spar Frank is there is any controversy in a Hobart win at the Boz this year.  BTW, '04 was a clean win.

How do we not throw to him (Union TE) more?

[pumkinattack]

I don't know, is that rhetorical?  He has 17 receptions in 4 games.  That's good by most TE standards, but didn't Branche at RPI and the TE at SLU a few years ago avg. 6 or 7 per game?  Is he on par with those two?  My point was that no one has exploited the size of our secondary and OLB's thus far in the passing game (somewhat on power running outside though). 

Our DB's and FS are smallish and the OLB/Rover are 5-8/5-9 or so.  Even the DE's (whom are probably atheltic enough to get out there) are only around 6' so there's a 4 - 8 inch hieght advantage (not accounting for leaping ability).  That's why I figured that would be an advantage for Union today (if not in all their games). 

It looks like Union's D line looks light (on paper).  Is that by design? 

[Frank Rossi]

How about angel investing in student loans.  Lend to neighborhood kids you know well (qualitative credit analysis), lien something/anything you can.  Student loans are drying up with the changes to gov't rules as well as the hole where (private label) securitization used to be. 

Lend with partial coupon, partial OID (original issue discount), you should be able to pick up double digit returns, structure it uniquely to your/their needs (no immediate DS like student lenders) and the kid's ability to pay the debt is a function of the job market in four years (buying you time). 

Very non-traditional, but what traditional asset classes aren't exactly helping anyone to retirement on an island right now.  Maybe Gold since all this gov't spending will lead to higher interest rates and higher inflation down the road, but your stomach has to be lined with the stuff to live with the daily volatility. 

In his more cynical and dirtbaggier moments, The Rev sometimes considers taking all of his student loan debt and transferring it to his credit cards, and then declaring bankruptcy.  After all, student loans cannot be wiped away, but credit card debt can.

It's scummy.  It's dishonest.  And sometimes the Rev thinks "they deserve it."  But in the end The Rev says to himself, "Well, Rev, you're the jackass who took the easy money.  You're the jackass who will have to pay it back."  And then The Rev stares into the Abyss.  If only The Rev had a time machine to warn himself of the dangers of easy money.

It's also subject to a two-year lookback period related to fraudulent transfers -- so upon filing for bankruptcy, the manuever could be undone and place you in the same position -- or worse since the credit card companies may have an issue with you and you may be forced into a Chapter 13 instead of a Chapter 7.  Highly inadvisable move, if you ask me.

[Frank Rossi]

Getting a start on the weekend here are some picks:

WPI 35 - MM 21

Bart 21 - Union 13 (How good is the TE for Union?  No one's done it this year, but that will be a size mismatch all day for them, I think Bart can limit Coney's avg. barring no long runs - unlike Arciddicono who had a bunch of 6 -7 yd rushes one year)

Upset Pick
Susquehanna 21 - UR 20 (I think I spent most of my posts defending Rochester, but Susquehanna has some size on their lines and suspect they may be on an upswing)

Also, I wouldn't want to spar Frank is there is any controversy in a Hobart win at the Boz this year.  BTW, '04 was a clean win.

How do we not throw to him (Union TE) more?

Union used him plenty toward the end of the ROC game -- almost as much as ROC used Pedro Sosa.  Not really that concerned, and remember to include Boland's stats since Union has 2 TEs that receive.  My concern is on the other side of the ball since TEs have caught the two game-winning TDs against Union in LL play.

[Frank Rossi]

We opened -700 and recovered to -122 in the Dow.  I really actually wish we had the complete blood-letting this morning (we might still later) -- anyone buying today is a bit foolish since 3pm-4pm will likely be fugly on the Street.  We need a good drop to swoop the remainder of the oversupply of shares for sale out of the market -- if that can happen today, I'd consider buying shares next week myself (I haven't directly bought shares since 1998).  Things are pretty cheap right now, and some things are beng overdone.  Remember, the price of gas continues to tank right now -- that's a good sign for future consumer growth (unemployment is the one wildcard that could really prolong this pain, though).

Long story, short -- if the tape looks ugly after 4pm today, relax.  It's actually likely the best thing that could happen.  Now we're +75 points as I write this... again, it's mysterious why we could bounce nearly 800 points on a Friday with no real news to support it.

- Frank

[PBR...]

How about angel investing in student loans.  Lend to neighborhood kids you know well (qualitative credit analysis), lien something/anything you can.  Student loans are drying up with the changes to gov't rules as well as the hole where (private label) securitization used to be. 

Lend with partial coupon, partial OID (original issue discount), you should be able to pick up double digit returns, structure it uniquely to your/their needs (no immediate DS like student lenders) and the kid's ability to pay the debt is a function of the job market in four years (buying you time). 

Very non-traditional, but what traditional asset classes aren't exactly helping anyone to retirement on an island right now.  Maybe Gold since all this gov't spending will lead to higher interest rates and higher inflation down the road, but your stomach has to be lined with the stuff to live with the daily volatility. 

In his more cynical and dirtbaggier moments, The Rev sometimes considers taking all of his student loan debt and transferring it to his credit cards, and then declaring bankruptcy.  After all, student loans cannot be wiped away, but credit card debt can.

It's scummy.  It's dishonest.  And sometimes the Rev thinks "they deserve it."  But in the end The Rev says to himself, "Well, Rev, you're the jackass who took the easy money.  You're the jackass who will have to pay it back."  And then The Rev stares into the Abyss.  If only The Rev had a time machine to warn himself of the dangers of easy money.

It's also subject to a two-year lookback period related to fraudulent transfers -- so upon filing for bankruptcy, the manuever could be undone and place you in the same position -- or worse since the credit card companies may have an issue with you and you may be forced into a Chapter 13 instead of a Chapter 7.  Highly inadvisable move, if you ask me.

u still think 9000 is the bottom frank?   

[Frank Rossi]

How about angel investing in student loans.  Lend to neighborhood kids you know well (qualitative credit analysis), lien something/anything you can.  Student loans are drying up with the changes to gov't rules as well as the hole where (private label) securitization used to be. 

Lend with partial coupon, partial OID (original issue discount), you should be able to pick up double digit returns, structure it uniquely to your/their needs (no immediate DS like student lenders) and the kid's ability to pay the debt is a function of the job market in four years (buying you time). 

Very non-traditional, but what traditional asset classes aren't exactly helping anyone to retirement on an island right now.  Maybe Gold since all this gov't spending will lead to higher interest rates and higher inflation down the road, but your stomach has to be lined with the stuff to live with the daily volatility. 

In his more cynical and dirtbaggier moments, The Rev sometimes considers taking all of his student loan debt and transferring it to his credit cards, and then declaring bankruptcy.  After all, student loans cannot be wiped away, but credit card debt can.

It's scummy.  It's dishonest.  And sometimes the Rev thinks "they deserve it."  But in the end The Rev says to himself, "Well, Rev, you're the jackass who took the easy money.  You're the jackass who will have to pay it back."  And then The Rev stares into the Abyss.  If only The Rev had a time machine to warn himself of the dangers of easy money.

It's also subject to a two-year lookback period related to fraudulent transfers -- so upon filing for bankruptcy, the manuever could be undone and place you in the same position -- or worse since the credit card companies may have an issue with you and you may be forced into a Chapter 13 instead of a Chapter 7.  Highly inadvisable move, if you ask me.

u still think 9000 is the bottom frank?   

Never said it was the bottom -- but I didn't think there was this sort of mayhem left in the market.  It hit me after the -800 to -350 day that these mini-comebacks are just causing more pain.  We need a complete buyer's strike for a bottom to form, and I wouldn't be surprised if -1000 crossed the tape later today.  Remember, the stock market does not necessarily represent the financial world --- equities and financials are two different things, and equities tend to get over-dramatic, like a Union College play-by-play announcer.

[PBR...]

How about angel investing in student loans.  Lend to neighborhood kids you know well (qualitative credit analysis), lien something/anything you can.  Student loans are drying up with the changes to gov't rules as well as the hole where (private label) securitization used to be. 

Lend with partial coupon, partial OID (original issue discount), you should be able to pick up double digit returns, structure it uniquely to your/their needs (no immediate DS like student lenders) and the kid's ability to pay the debt is a function of the job market in four years (buying you time). 

Very non-traditional, but what traditional asset classes aren't exactly helping anyone to retirement on an island right now.  Maybe Gold since all this gov't spending will lead to higher interest rates and higher inflation down the road, but your stomach has to be lined with the stuff to live with the daily volatility. 

In his more cynical and dirtbaggier moments, The Rev sometimes considers taking all of his student loan debt and transferring it to his credit cards, and then declaring bankruptcy.  After all, student loans cannot be wiped away, but credit card debt can.

It's scummy.  It's dishonest.  And sometimes the Rev thinks "they deserve it."  But in the end The Rev says to himself, "Well, Rev, you're the jackass who took the easy money.  You're the jackass who will have to pay it back."  And then The Rev stares into the Abyss.  If only The Rev had a time machine to warn himself of the dangers of easy money.

It's also subject to a two-year lookback period related to fraudulent transfers -- so upon filing for bankruptcy, the manuever could be undone and place you in the same position -- or worse since the credit card companies may have an issue with you and you may be forced into a Chapter 13 instead of a Chapter 7.  Highly inadvisable move, if you ask me.

u still think 9000 is the bottom frank?   

Never said it was the bottom -- but I didn't think there was this sort of mayhem left in the market.  It hit me after the -800 to -350 day that these mini-comebacks are just causing more pain.  We need a complete buyer's strike for a bottom to form, and I wouldn't be surprised if -1000 crossed the tape later today.  Remember, the stock market does not necessarily represent the financial world --- equities and financials are two different things, and equities tend to get over-dramatic, like a Union College play-by-play announcer.

they are doing small buybacks to cover their positions and reset their hedges. they are going to kill it this afternoon wait until you see the drop. no one wants to be long on a 3 day weekend....gm, ford, chrysler, morgan stanley, ubs could easily all be gone in the next 2 weeks.

[Frank Rossi]

they are doing small buybacks to cover their positions and reset their hedges. they are going to kill it this afternoon wait until you see the drop. no one wants to be long on a 3 day weekend....gm, ford, chrysler, morgan stanley, ubs could easily all be gone in the next 2 weeks.

Doubt that, uPBR -- My thought is that right now, EVERYTHING is subject to a government bailout for the next two months.  The government is going to prevent the public knowledge or notice of potential disasters now.

[Pat Coleman]

gm, ford, chrysler, morgan stanley, ubs could easily all be gone in the next 2 weeks.

Ugh.

[PBR...]

they are doing small buybacks to cover their positions and reset their hedges. they are going to kill it this afternoon wait until you see the drop. no one wants to be long on a 3 day weekend....gm, ford, chrysler, morgan stanley, ubs could easily all be gone in the next 2 weeks.

Doubt that, uPBR -- My thought is that right now, EVERYTHING is subject to a government bailout for the next two months.  The government is going to prevent the public knowledge or notice of potential disasters now.

we shall see, of course a number of ratings analysts are now agreeing saying its a very distinct possibility. and yes the govt will bail them out somewhat mainly their pension funds but most people will get something like .20cents on the dollar and huge medical cost increases. sorry you were right you didnt call the bottom at 9100, you just said the bottom is forming (when it closed at 9100 that day) and there will be a little bleeding left to do...         (this doesnt even go into the rumors of a nationalized banking system and many major corporations that are on the ropes right now...pbr hopes everyone is in cash and gold bars right now)

[Knightstalker]

Courtesy of OxyBob on the SCIAC board:

Man weds Goat.