the market does tend to react negatively to any bad news.Kmarion wrote:
Their stock went worthless long long ago. Anybody who follows the economic news beyond the headlines knew this was coming.. especially the investors.
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but would EVERYONE feel the pain when these huge financial organizations go under?
I bought stock in Indymac for the fuck of it.
I bought stock in Indymac for the fuck of it.
didnt market react positively to this news the other week?Reciprocity wrote:
the market does tend to react negatively to any bad news.Kmarion wrote:
Their stock went worthless long long ago. Anybody who follows the economic news beyond the headlines knew this was coming.. especially the investors.
If you go back and look over the the last few months you will see that some of these bailouts and takeovers have actually stabilized the market. It adds a level of confidence knowing that these loans are being fully backed and managed by the fed.Reciprocity wrote:
the market does tend to react negatively to any bad news.Kmarion wrote:
Their stock went worthless long long ago. Anybody who follows the economic news beyond the headlines knew this was coming.. especially the investors.
Xbone Stormsurgezz
Did you know that they were Countrywide?God Save the Queen wrote:
but would EVERYONE feel the pain when these huge financial organizations go under?
I bought stock in Indymac for the fuck of it.
Xbone Stormsurgezz
A small local bank in my country is bankrupt. This could end up costing me 1000$ because the National Bank is taking over.
That's like a very nice vacation. CRAP! CRAP! CRAP!
If they had made a ton of money instead would they have shared?
That's like a very nice vacation. CRAP! CRAP! CRAP!
If they had made a ton of money instead would they have shared?
http://us.lrd.yahoo.com/_ylt=AjLUZh8UL9 … all_streetKmarion wrote:
If you go back and look over the the last few months you will see that some of these bailouts and takeovers have actually stabilized the market. It adds a level of confidence knowing that these loans are being fully backed and managed by the fed.Reciprocity wrote:
the market does tend to react negatively to any bad news.Kmarion wrote:
Their stock went worthless long long ago. Anybody who follows the economic news beyond the headlines knew this was coming.. especially the investors.
http://us.lrd.yahoo.com/_ylt=AiDdo1bgZl … _stocks_dc
http://us.lrd.yahoo.com/_ylt=AuNEZ_6pZX … ld_markets
Xbone Stormsurgezz
I am surprised.
Didn't impact like an arty round like I thought.
Didn't impact like an arty round like I thought.
thing is, he doesn't actually HAVE 25 billion cash. its all tied up in assets and such. now if he were to cash in on those assets it would cause a financial crisis itself. a vacuum if u will.ATG wrote:
10% of Americans late on mortgage or in foreclosure.
If Bill Gates could write a check and bail these companies out why is it that it will be treated as a economy threatening event?
http://apnews.myway.com//article/200809 … R0600.html
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