Comments on: Geithner’s gift of your money to MatlinPatterson and Lap Wai Chan http://johnharding.com/2009/05/15/geithners-gift-of-your-money-to-matlinpatterson-and-lap-wai-chan/ Sat, 27 Feb 2010 19:45:57 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: admin http://johnharding.com/2009/05/15/geithners-gift-of-your-money-to-matlinpatterson-and-lap-wai-chan/comment-page-1/#comment-971 admin Thu, 01 Oct 2009 07:32:26 +0000 http://johnharding.com/?p=687#comment-971 MatlinPatterson sold even more of Huntsman (HUN) in 2005 at $23. HUN went down to about $2 in March, and has since risen to $9. So why sell? MatlinPatterson probably realizes what a lot of people <b>don't realize</b> - the recent market rise was a huge "dead cat bounce," based on false euphoria that the Depression is over. It isn't, and things are going to get a lot worse. The U.S. consumer purchase account for 70% of the U.S. economy. With 500,000+ people being laid off every month, how can things get better? They can't. MatlinPatterson sold even more of Huntsman (HUN) in 2005 at $23. HUN went down to about $2 in March, and has since risen to $9. So why sell?

MatlinPatterson probably realizes what a lot of people don’t realize – the recent market rise was a huge “dead cat bounce,” based on false euphoria that the Depression is over. It isn’t, and things are going to get a lot worse.

The U.S. consumer purchase account for 70% of the U.S. economy. With 500,000+ people being laid off every month, how can things get better? They can’t.

]]> By: K Bond http://johnharding.com/2009/05/15/geithners-gift-of-your-money-to-matlinpatterson-and-lap-wai-chan/comment-page-1/#comment-965 K Bond Tue, 29 Sep 2009 16:12:56 +0000 http://johnharding.com/?p=687#comment-965 Question? Why is Matlinpatterson dumping huge amounts of HUN stock? Question? Why is Matlinpatterson dumping huge amounts of HUN stock?

]]> By: Corporate Vigilance http://johnharding.com/2009/05/15/geithners-gift-of-your-money-to-matlinpatterson-and-lap-wai-chan/comment-page-1/#comment-711 Corporate Vigilance Sun, 17 May 2009 01:59:33 +0000 http://johnharding.com/?p=687#comment-711 <strong>May 17, 2009 Edition...</strong> Welcome to the May 17, 2009 edition of Corporate Vigilance presenting an array of opinions, instruction, and helpful information as it relates to business and personal finance.... May 17, 2009 Edition…

Welcome to the May 17, 2009 edition of Corporate Vigilance presenting an array of opinions, instruction, and helpful information as it relates to business and personal finance….

]]>