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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST
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To: TobagoJack who wrote (40234)9/22/2008 1:47:26 PM
From: Haim R. Branisteanu1 Recommendation  Read Replies (2) of 218083
 
fully agree with your statement >>> the move in favor of gs and ms smacks of crony capitalism, more so than anything that had happened before the onset of asian financial crisis <<< as those guys manning those firms should go to jail IMHO but unfortunate they will not

As to the FED move they where presented with a fact and they needed to act - should they know this a year ago - that is for sure but at this moment you must act and not dwell in history

My only hope that after things settle then a serious investigation should proceed and those dreaming up the leverage and executing and pushing it should go to jail like in the S&L crisis and more - WS should be a place where few would like to work
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