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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (127052)6/4/2008 1:39:39 PM
From: Think4YourselfRespond to of 306849
 
Another Bob Toll? These CEO's are arrogant to the point of incompetence. They must get some sort of "God complex" where they figure they can do no wrong. That's the only reason I can think of for their making business mistakes only a high school student would make, and most high school students know better.

BAC buying CountryWide
Homebuilders buying back their stock at the top
Lehman's buying back stock when desperate for cash

Asinine mistakes. The companies deserve to fail.



To: ChanceIs who wrote (127052)6/4/2008 10:28:14 PM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
Whenever a CEO makes a remark like "I will hurt the shorts", there are invariably deep and intractable problems with the company. Pretty much an auto-short and hold of opportunity (i.e, on short covering ramps).

Nice job Bernanke, yer precious Banksters using the Fed Balance sheet and throwing it right back in yer face to day trade their own shares.

Got moral hazard yet?


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