The bailout

Open and general public discussions about things outside of Lakewood.

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Stephen Eisel
Posts: 3281
Joined: Fri Jan 26, 2007 9:36 pm

The bailout

Post by Stephen Eisel »

I thought that the bailout was going to help the stock market?????

http://ichart.finance.yahoo.com/instrum ... ze=239x110
Stephen Eisel
Posts: 3281
Joined: Fri Jan 26, 2007 9:36 pm

Post by Stephen Eisel »

PETROLEUM ($/bbl)


PRICE* CHANGE % CHANGE TIME
Nymex Crude Future 84.76 -1.83 -2.11 19:39
Dated Brent Spot 80.06 -3.02 -3.63 10/09
WTI Cushing Spot 86.59 -2.36 -2.65 10/09

oil is falling
Danielle Masters
Posts: 1139
Joined: Sat Jul 09, 2005 12:39 am
Location: Lakewood, OH

Post by Danielle Masters »

Well at least with a combination of Giant Eagle rewards and super low gas prices I was able to fill up my SUV for almost nothing.
ryan costa
Posts: 2486
Joined: Fri Jan 06, 2006 10:31 pm

retirement balls

Post by ryan costa »

Andrew Lahde succeeded in business and his getting out. In a final act of retirement balls he published this in the Financial Times.

http://www.ft.com/cms/s/0/128d399a-9c75 ... ck_check=1

He seems content to levy the greatest blame on the collapse on the Harvard MBA ilk of Players.
"Is this flummery” — Archie Goodwin
ryan costa
Posts: 2486
Joined: Fri Jan 06, 2006 10:31 pm

bailing and treading

Post by ryan costa »

The innovative new finance industry was supposed to replace displaced industrial jobs. It had even appeared to replace displaced industrial jobs for a while. The new MBA ilk had made fortunes spinning mortgages into gold.

In the end they had only spun mortgages into Lead. The tide is high. the big banks and mutual funds are wearing lead shoes.
"Is this flummery” — Archie Goodwin
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