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  • Financials Getting Slaughtered [View article]
    Good point. Greenspan was a big believer in unregulated free markets and now he wants temporary bank nationalization. Some people blame his "easy money" policy for the crisis.


    On Feb 18 10:57 AM Dr.Jackpot wrote:

    > Someone wrote this morning that Alan Greenspan favored nationalization
    > of banks. Wasn't he the whole cause of this ripoff in the first place?
    > Is there no justice called for here?
    Feb 18 13:05 pm |Rating: +1 0 |Link to Comment
  • Financials Getting Slaughtered [View article]
    That is the difficult part, trying to determine which of the financial companies stocks will have any value 3 to 5 years from now.


    On Feb 18 08:39 AM Jim Hawthorne wrote:

    > Yes, the financials are getting slaughtered. Yes, many of these equities
    > are trading at or near their 52 week lows. Yes, many of these are
    > facing the delightful choice of insolvency or nationalization.<br...
    >
    > Are any of them really 'cheap'? When you're buying a deck chair on
    > the Titanic, is any price 'cheap'?
    Feb 18 13:04 pm |Rating: +1 0 |Link to Comment
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