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To: Haim R. Branisteanu who wrote (89020)10/24/2008 7:07:04 AM
From: andiron  Read Replies (1) | Respond to of 116555
 
there is no doubt that good number of finance pimps & goons will go to jail and (assets seized). It is a matter of when not if.

Like mark faber said people few generations down will ask if you were born below 2007 or after 2007.



To: Haim R. Branisteanu who wrote (89020)10/24/2008 7:09:25 AM
From: Dan3  Respond to of 116555
 
Re: Why the head of GS collects $70 million in compensation when at the same time his firm gets $10 billion of tax payers money is beyond me – and they do it NOW

I know exactly how you feel - words fail me.

The legal term is fiduciary duty, it's what these guys have all violated. Why aren't they in jail?

If a store clerk pockets the proceeds of the day's sales as a self awarded "bonus" he gets arrested and money is returned to the owners. Why isn't that happening here?



To: Haim R. Branisteanu who wrote (89020)10/24/2008 12:52:02 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
Stop panicking and enjoy your losses.

Or you can sell now and stop the pain, before all market participants come to realize the full extent of the underlying losses bringing prices to their true level.
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