I thought that the bailout was going to help the stock market?????
http://ichart.finance.yahoo.com/instrum ... ze=239x110
The bailout
Moderator: Jim O'Bryan
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retirement balls
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.
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
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bailing and treading
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.
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