)The top 100 stock
market authors
selected for publication
market authors
selected for publication
CM001
»
Comments
» Single Comment
| 
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most active
Instabloggers.-
1
David Fry
-
2
TraderMark
-
3
Don Dion
-
4
Cliff Wachtel
-
5
Joseph L. Sha...
Top Instabloggers » -
1
-
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
-
I am angry.
Sep 25 23:43 pm
|Rating:
0
0
All Comments by CM001 »Hey, Congress, Guess What? WaMu's Toast [View article]
In my 15+ years of investing, I never felt angry in losing money. I have lost lots of money in the market, but never felt the market is rigged or angry. Today, when WaMu is taken out, I truly feel the system is rigged. Yes I have lost tons of money. Yes I was stupid to be invested in this so long. But, $26 billion equity and $310 billion assets are taken out for nothing!
Is the management stupid not to agree for a deal?
Is rating agencies stupid to double down-grade on back to back days? BTW, why no one is investigating them?
Is FDIC don't see the bailout debate? Can't they give few more days for WaMu?
The ordinary investors are massacred. Today, I truly believe, the worst capital market for small and individual investors is US. There is no one to protect individual investors. Everyone is trying to kill the individual investors, and you can do that with impunity.