PhinT

It Did Happen! - Cramer's Mad Money (9/29/08)

Beyond disappointed with Crammer, CNBC and Poulson... Some of the short term money makers (after 90% ++ loss) have been Stocks we were assured that were in good standing e.g. Poulson on FNM and Crammer on WB... Crammer and CNBC can get away this based on their "warning" on the investments but what responsibility does the gov't have when Poulson's makes multiple statements assuring that FNM was not in trouble? I as many others were sucked into these and other stocks by "assurances"... I as many others lost our investments by such advise and large sums of money were made after the fall...Humm... should of, could of and would of but the market scared me off... Anyway, would like to know if or when the gov't is going to step up to Poulson's statements on FNM...

FBI Investigates Victims of the Financial Fallout

The situation is beyond scary. We have a Sec of Treasury who was in the thick of this mess back 2006 (and reassured the public that FNM was a solid company before the gov’t took it over) and is making decisions that from my perspective will make the same people $billions more while folks like me have lost large percentages of their 401k over the last 8 years and individual stock trades (FRE/BS/LEH/FNM etc…)…. Who are we really bailing out and will this bill actually benefit those placed in the middle of this criminal manipulation of the market benefiting the few…

If the FBI real does something (which I doubt because it is to far reaching and would be bigger than the Nuremburg trails after WWII) we will be reading about government, Private Equity, Wall Street and Corporate Executive involvement … I hope the FBI does do something and if so, these guys should really be treated as “War” criminals…