Wall Street & the handwriting on the wall

[reed]

So, what do you all think of what's cooking with the "World Companies," Golden Parachutes, subprimes, and the letting go of the second cook and two maids?

[Satcomer]

The chicken has come home to roost.

I know that is harsh but I feel that is what is happening. I am just worried about my 401K.

[reed]

So we should bail out those that have played with other peoples money and too bad if all goes bust? In either case, it's the little guys who will pay. As usual. This is what I see at the present moment. Wall Street pigs will get away with murder either way.
In a word, the US Government has to give the Green Light. Too bad, but that is the way the cookie crumbles. SIGH.

[Rhisiart]

Greed is good!
Gordon Gekko 1988

However, Gekko was fiction. In real life the Peruvian Powder snortheads living on fat bonuses and gambling with our savings get away scott free. Wait for the next financial boom and they'll be back to their old tricks.

[fryke]

I just hope US election politics won't take down the _world's_ financial markets completely.

[reed]

Does anybody remember Bob Maxwell & what he did, Argentina & it's economic horrors that followed and Le Credit Lyonais Bank disaster in France (the archives where burned in the HQ in Paris by the way....by accident?). Only three examples.

[Rhisiart]

Vote for Obama. At least you'll live to regret it.

[reed]

this is fun

http://www.nytimes.com/interactive/2...t-graphic.html