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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (40052)9/18/2008 1:17:06 AM
From: prosperous  Read Replies (2) | Respond to of 217882
 
I am hoping hat we get this mess cleaned up by end of next quarter, the sooner it completes quicker we can start build up process. The lawmakers would be better off looking for longer term solutions they need to impose on trading to bring system back on track rather than trying to put temporary bandages to appease pissed off investors...in the meanwhile let the markets correct to wherever they need to so there is a healthy fear of risk for stocks instituted in people's mind having realized it in preparation for longer term; will help us undo some of the damage previous FED chairman has done in terms of offering free put on risk



To: energyplay who wrote (40052)9/18/2008 11:06:27 AM
From: elmatador  Respond to of 217882
 
Those banks have paid billions in taxes to the government. From all corporate profits in the US the financial sector was contributing with 30%

The government now is using that tax money to save the institutions.