eddie6442

Wall Street Breakfast: Must-Know News

GM: Ask Ross Perot to dust off his notes of 20 years ago and he can give an intelligent and workable restrucuring plan......... Why isn't Ross on the government committee as a consultant?????????

CHRYLER: Is owned by a private equity firm with $BB of dollars, but refuses to invest further in C......... Why Chrysler is even involved with government "taxpayer" bailkout boggles the mind!!!!!!!!! The rich never spend their own money when the gullible taxpayer can be fleeced by "paid for" Congress!!!!!!!!!

IMHO

Wall Street Breakfast: Must-Know News

I am astounded at the uproar over the AIG bonus' and NOT A PEEP about the TENS OF BILLIONS funneled thru AIG to its COUNTERPARTIES!!!!!!!!!
Former AIG CEO Hank Greenberg just appeared on the Neil Cavuto show and was perfectly honest and candid about what has happened at AIG..........
Is this BONUS uproar simply a distraction away from the real issue: TAXPAYERS BILLIONS MAKING COUNTERPARTIES WHOLE -- which Mr Greenberg said never should have happened!!!!
I am painfully aware of the INCOMPETENCE OF OUR GOVERNMENT. I have recently believed that much of what has occurred has been CORRUPTION.......... Now it appears IT MAY BE EVEN WORSE!!!!!!!!!!!!!!!

Low Volume Capitulation - Fast Money Recap (10/13/08)

Macke's comment "the fat cats are coming up with another scam for America" is the most telling........ He is essentially telling us we have been taken, and only if we are fools will we be taken again............

Secondly, if he knows this, then WHY DON'T WE KNOW WHO THEY ARE & WHY AREN'T THEY BEING PROSECUTED?????????

What To Look For Next in This Market

The next 5-10 years would be an excellent time for the Microsofts and Googles of the world to invest in American alternative energy companies, infrastructure builders and cutting edge technologies. Buying back stocks only helps their shareholders, minimillay. While INVESTING IN AMERICA is "giving back" to our countries, much like many athletes do successfully for their communities.
THINK outside the box..............
FOR AMERICA!!!!!!!!!

Fannie & Freddie Bailout? - Fast Money Recap (9/5/08)

Sarbanes-Oxley is largely responsible for these massive writedowns, due to personal liability of Officers/Directors. The uncertainty behind financial numbers makes for effective FUD planted by Hedge Funds into the willing media. Naked Shorting [illegal] yet done with SEC compliance, becomes real handy driving down share prices as far as "they" want. Congress is now passing laws to dramatically increase % of company that can be owned without disclosures @5 & 10% levels. Soon new ownership will become obvious of Americas financial institutions and , as the previous poster stated, small investors will be wiped out yet again. This will make Enron/Worldcom look like chump change, comparatively. Maybe all this is simply coincidence of our inept and/or corrupt government institutions?
IMHO -- FWIW