Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 87.88

+1.3%

10:39 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JDN who wrote (74674)	11/27/2007 5:43:37 PM
From: Dinesh	Read Replies (1) of 77400

>Banks are to blame as well as greedy people Why rush to blame? In any case, isn't this how free markets are supposed to work? When one focuses solely on the income statement and ignores the balance sheet, the result is more likely to be financially disastrous than not. The American household leveraged to the hilt and now it's payback time. Just like Citicorp and you-name-it. I imagine arguments also being made about misrepresentation in loans, financially illiterate borrowers, etc. But no one has quantified that yet. It's all anecdotal, not sufficient to hold anyone culpable. Without granting due process, it's no different from lynching. It's not like these fellows were clicking on "I Agree" on an online EULA for a free email account. They knew it was about large sums of money. Regards

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next