Wall Street Breakfast: Must-Know News [View article]
aig- doesn't deserve to be in capital letters! A 60 Billion loss in 1 quarter. In american capitalism, the business model is that the ceo's and the board of directors get exhorbatant salaries which they have the authority to grant themselves. Then they need bailed out by the federal government, However, they don't want the government to control them because big business is so astute and run things so much efficiently. LOL--Good Luck to you all when reality sets in. It is not going to be very pretty!
Wall Street Breakfast: Must-Know News [View article]
The market is rigged! I wonder if this is happening because baby boomers were getting close to retireing or worse yet retireing early. This meltdown has certainly delayed the Social Security problem for awhile, as many people that I know are putting off their retirement plans for now.
Wall Street Breakfast: Must-Know News [View article]
AIG executives i have heard are taking another $440,000.00 retreat for their top executives. They don't have to worry about expenses though, as the american taxpayer just provided them with another 9 Billion.
Wall Street Breakfast: Must-Know News [View article]
Why repeal the mark to market rule. Why not just repeal accounting standards? By the way we can say the failed securities are worth hundreds of times their current value while we are at it and all of a sudden we have no problem and we can all go along our merry way with our heads in the sand as we have for so long now, at the expense of our future generations!
Wall Street Breakfast: Must-Know News [View article]
Watching the hearings on the bailout has me very worried! Not only are the idiots who got us in this mess, not being open and forthright about how much they need but also what they need it for[other than to save the present system that is on the brink of collapse]. Then they say this will not guarentee that. They do not say who is being saved and adamently refuse to answer what is being saved,because that secretsy will help ensure success. If this gets approved we deserve everything that this ensures will be eventually come tumbling down our way. This just helps the present system to bail out our foreign holders of our worthless debt at the expense of the american taxpayer. HOW MUCH LONGER CAN WE IN GOOD FAITH SCREW OVER OUR FUTURE GENERATIONS FOR THE BENIFITS OF US AT THE PRESENT? ENOUGH IS ENOUGH!!!!
Wall Street Breakfast: Must-Know News [View article]
It seems to me that an excellent investment in these extreme times would be to find out who is making the printing presses, the paper and the ink that the US Government is using to print all of this worthless currency that is going to cover all of these bad debts, made possible by all of those highly paid executive crooks who need tax breaks!! GOOD LUCK to you all--we will need it!
Wall Street Breakfast: Must-Know News [View article]
The Gloom Talk from the Top Needs to Stop [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
What's Wrong with the AIG Bailout Model? [View article]
What's Wrong with the AIG Bailout Model? [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]