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| Bear May Have Survived If Fed Acted Earlier | |
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| Tweet Topic Started: Apr 3 2008, 04:51 PM (128 Views) | |
| Dandandat | Apr 3 2008, 04:51 PM Post #1 |
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Time to put something here
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Don't you just hate it when people blame the goverment for their problems? What do these people want? A goverment who takes care of their every need, blows their nose for them and helps pull up their paints after they use the potty? What ever happened to personal resistibility? If your company invested itself into the ground why not simply say your sorry instead of looking for someone else to blame. Free market capitalists :rolleyes: their all alike, always have their hand out.
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| Dandandat | Apr 3 2008, 05:05 PM Post #2 |
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Time to put something here
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| ds9074 | Apr 3 2008, 05:09 PM Post #3 |
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Admiral
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What gets me is that the people now criticising the Fed, and we have them here criticising the Bank of England on the same grounds, for not providing them with enough support are the very same people who when the going is good argue for low taxes on their business and laid back government regulation. Basically the story is let the market be free to make as much money as possible when the going is good but get the government to bail them out when they are loosing money. Well sorry but thats unacceptable. Either they are going to have to accept more controls on what they do to prevent a reoccurance or they should be prepared to practice what they always put in the small print - the value of your investments (and businesses) can fall as well as rise. |
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| Dandandat | Apr 3 2008, 05:17 PM Post #4 |
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Time to put something here
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There to big to fall
At least they are willing to take "some" responsibilty how humble of them :rolleyes: |
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| somerled | Apr 4 2008, 11:14 AM Post #5 |
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Admiral MacDonald RN
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Any substance in the claims of insider trading with regards to some executives and board members of Bear just before the company fell over ? |
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| Dandandat | Apr 4 2008, 11:31 AM Post #6 |
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Time to put something here
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You would have to provide the claims. But with out knowing what your talking about, Id say based on the events of the situation "insider trading" would have been a very difficult feet. The collapse happened very quickly and was very public right from the beginning. Based on the information I have read one of the biggest mistakes the executives of company made was not realizing how bad things where getting before it was to late. This kind of precludes the idea of insider trading, no this is just a story of bad management nothing more. Now did the executives try to sell their share and withdraw their own money on the days of the collapse? I'm sure at lest some of them did, but that’s not insider trading as they where acting on the same impulse everyone else was which caused the collapse. |
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9:32 AM Jul 11