Forbes: A Defense Of Wall Street

[Wild Cobra]

Oh give me a ing break. No one in their right mind one actually buy the bull 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?

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 ing laughable.

That's why they should have gone bankrupt.

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.

That 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.

Is this dumb 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?

Is this article some kind of joke?

No, I don't see how.

[Marcus Bryant]

Aided, abetted, and gift wrapped by the Fed and the GSEs.

[spursncowboys]

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.