Monday, September 15, 2008

It's Been Real............


So long Merrill and Lehman Bros....who'da thunk it?

I wonder who's next?

Your views my former Bear Stearns employed friend?.........
Posted by at

7 comments:

Anonymous said...

Wall Street has always been about greed. Senior managers at many firms lost focus and only looked for the quick buck, so now they have to pay the price. That said, the fat cats will still get their million dollar bonuses, and it's the grunts that lost their life savings.
Grrrr
I wonder how the Fed justifies bailing out Bear and not Lehman?
As far as who's next? Could be anyone, but you may want to short WaMu. ;-)

M

September 15, 2008 at 6:52 AM
Tr8erGirl said...

M - Ur right - this really doesnt effect the higher ups...its the ppl that had their retirement and savings money in stock purchase plans, and then will get a pink slip in the next few weeks that will be hurting. Some crazy shit!

Wish I could short WaMu - but I think its on the no shorting list........

Oh well!

Now get back to work!
:-)

September 15, 2008 at 7:07 AM
Anonymous said...

>Your views my former Bear Sterns employed friend?.
former refers to 'Bear Stearns', 'employed', or 'friend'?

September 15, 2008 at 1:16 PM
Tr8erGirl said...

Just because I know you are slightly neurotic (not a bad thing!), I was waiting for you to ask that question....
I meant MY FRIEND WHO WAS FORMERLY EMPLOYED BY BS.........

Better?
:-)

September 15, 2008 at 1:20 PM
Anonymous said...

HEY! Wadda ya mean slightly neurotic?!

LOL
love ya

September 15, 2008 at 8:13 PM
Lakewood Falling Down said...

I always feel "safe" being in education, and I hope my NY pension remains safe. Safe but poor...

September 16, 2008 at 5:57 PM
Tr8erGirl said...

LFD - yes - i guess no matter how bad the economy gets, we need teachers no matter what! You guys dont get paid enough though, in any economy!

September 17, 2008 at 2:09 AM

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