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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (73602)5/20/2010 12:12:33 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 74559
 
What's a "Risk Assessment Form"? Is that something a government department requires people to have? I have never had one. Have you? I just do things and think about what I'm doing and constantly assess risk at all instants of the day and night.

If the risk looks okay, I continue to do what seems like a good idea at the time.

There surely isn't any safety documentation for the tarps and bailouts and dilution and whatnot -- they just hit the "Pixelate in a Panic" button and gave out a $trillion to anyone who looked like one of their mates to avoid a deflationary implosion as Big Ben had long said he would do when he explained that there would not be deflation and that people shouldn't worry about that.

Goldman Sachs would come up with some new financial instrument and if the profit looked good, away they'd go. Moving money is the name of the game for them and multidimensional degrees of freedom the aim so that anyone could bet on anything with Goldman Sachs taking a cut.

Mqurice