hkn

GM Bankruptcy Watch: Woe to Main Street Bondholders

I am 80 years old and extremely diversified in the stock market. I have taken hits because the bankruptcy laws are not being followed. The administration is writing them as they please. I will never buy a corporate bond again no matter how good the company is. Yes, my portfolio is down, but so is everybody else. 401k's etc. It hurts to lose 25,000 of hard earned money because it is pay back time to the Unions who supported O'Bama. You haven't seen the worst of it yet. Socialism is here.

Trading the GM Bankruptcy

I would like to kick my ex broker who told me the bonds were safe. I am retired and worked very hard all my life. Should I start over at 80. 25,000 is quite a bit to lose. Thanks to Barney Frank and Chris Dodd, Fannie went south. Who can live on Social Security. Those dividents bought food and shelter. How many of us will have to ask our kids for help now? Some change. The change we need is to kick out the corrupt congressman. There salaries and expenses are too high. I haven't heard them talk about cuts.

Get Ready to Buy Like It's 2002

This person who is touting OBama. We are talking about the stock market. The article is enlightening. You are not. I certainly do not want to share my hard earned money with you. Get you head out of the sand. O'Bama is going to tax our dividends at a much higher rate. As a Senior Citizen I dont even keep my social security. I live on my dividends. Our Democatic Congress lives on our sweat. Sweetheart loans from the banks and who reaped money from Fanny Mae. Dodd, Frank and O'Bama. Go campaign elsewhere

Paulson in a State of Panic

I am disgusted with the pick and choose who is to fail. They know they made a mistake with Lehman. Who is making the decision. The Goldman people who have been selected to "help". That is why Citi did not get the Wacovia deal and Goldman got it. The exclusivity clause was ignored. I have no respect for greedy Buffet. He came in a few days later when the rules were changed and he saw he now could make money on the deal and his people were in charge. The bull that was passed around was too much. When ciiti made the deal Buffet did not want it then. Our government was not fair. The Goldman people hired by Paulson influenced the decision. I wont forget what is being done behind our backs by this bunch. I have lost in these people. I was taught honesty and fairness and ethics. They forgot about these values that made out country great.

Playing the Market in Difficult Times

Disgusted.

Wall Street Breakfast: Must-Know News

The head of the sec Cox should also be replaced. He needs a course in regulation. We had the uptick disappear, the naked shorts killed the banks and the hedge funds did a job.

Wall Street Breakfast: Must-Know News

In 2005 Congress knew about this problem. Look it up. I sick of the blame game.

Wall Street Breakfast: Must-Know News

Nancy Pelossi should step down and get a speaker who has diplomacy. Shame on her and her sidekicks. Get rid of them all. Send them back to the third grade.