Re: Forbes: A Defense Of Wall Street
Quote:
Originally Posted by MannyIsGod
Oh give me a fucking break. No one in their right mind one actually buy the bullshit in this argument, would they? Yes, investment in upcoming ideas is good. No, thats not what Wall Street was doing when they got us into this mess.
What do you mean? Big corporations are a shared wealth of many stock holders who know any capitol they place in the corporation can be lost. Why do you agree with bailing out rich gamblers?
Quote:
Originally Posted by MannyIsGod
I'd love to see an article that defends their unregulated gambling errrr trading on complicated schemes they created themselves. Saying that Wall Street was just investing in ideas like Microsoft and did nothing underhanded is fucking laughable.
That's why they should have gone bankrupt.
Quote:
Originally Posted by MannyIsGod
Its like this guy forgot what happened when they let one of these investment banks fail. Anyone so connected with Wall Street should know better than to say "should have let us fail" as though after Lehman it was even an option.
They should know that they should not rely on the government. That's what liberal pussies do.
Quote:
Originally Posted by MannyIsGod
:lmao
That shit is so laughable. The biggest mistake here was taking that damn government money.
Absolutely. It is a bigger mistake to not let the original mistake take it's course. All that was done was reward failure. Now we can expect to see more bad corporate decisions.
Quote:
Originally Posted by
baseline bum
Is this dumbfuck seriously trying to defend Ken Lay? The Ken Lay who robbed California blind in 2001 and stole money from every employee in the company who ever paid into his 401k? :pctoss
Is this article some kind of joke?
No, I don't see how.
Re: Forbes: A Defense Of Wall Street
Aided, abetted, and gift wrapped by the Fed and the GSEs.
Re: Forbes: A Defense Of Wall Street
Quote:
Originally Posted by
Marcus Bryant
Aided, abetted, and gift wrapped by the Fed and the GSEs.
GSE's ran by people like Barney Frank and Chris Dodd. I don't think either have had a real job let alone ran a successful company. I think this is less to do with capitalism and more to do with corporatism. Government intervention is the root of all of this-in the name of helping.
