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The bailout

Posted: Thu Oct 09, 2008 7:03 pm
by Stephen Eisel
I thought that the bailout was going to help the stock market?????

http://ichart.finance.yahoo.com/instrum ... ze=239x110

Posted: Thu Oct 09, 2008 7:21 pm
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

Posted: Thu Oct 09, 2008 7:39 pm
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.

retirement balls

Posted: Sun Oct 19, 2008 7:52 am
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.

bailing and treading

Posted: Sun Oct 19, 2008 12:22 pm
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.