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


To: Smiling Bob who wrote (190064)3/11/2009 1:07:28 PM
From: John KoligmanRead Replies (2) | Respond to of 306849
 
The interesting thing is, a short time ago GE was selling at 42 bucks a share, with a market cap of about 430 billion. At 6 a few days ago, the wealth destruction in that ONE issue was about 370 BILLION. Perhaps every 401k statement should also include a picture of I-Melt...

Regards,
John