SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (119886)11/8/2009 11:06:17 AM
From: Madharry2 Recommendations  Respond to of 132070
 
somebody added this great comment:

Art Cashin at UBS made an interesting analogy in his written comments this morning. Following up on remarks by Jeremy Grantham comparing the recent financial crisis to the sinking of the Titanic, Art speculated that the people in charge are painting life boats on the side of the ship of state in the hope that the passengers will feel more secure. If you can not afford real life boats I suppose the illusion of life boats is better than nothing, for awhile.



To: Madharry who wrote (119886)11/9/2009 7:03:02 PM
From: Knighty Tin  Respond to of 132070
 
You can't disappear major trading firms like Lehman and Bear without changing market dynamics. The Same thing happened to the bond market when Salomon, the biggest player by far, dropped out (yes, they were still around, but no longer a dominant player.) I simply see a market trying to figure out what the new realities are.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News