|
Posted by Uncle_vito on July 17, 2008, 12:46 am
Democrats will do whatever is necessary to make the Republicans and Bush
look bad. Including bringing down the economy, wishing for more deaths in
Iraq and making minorities feel like powerless victims.
Look at what Schumer did to IMB, a perfectly good bank. I want to emphasize
the word bank. They were closing their mortgage lending and were only
handling checking accounts and CD's. Pretty harmless stuff unless some
asshole causes a run on the bank. Thanks to that asshole, some folks will
only get 50% of any of their deposits over $100K. I am sure charities, and
widows and orphans kept money in that bank. I hope the SEC investigates
him and puts him in jail. Democrats are insanely sick.
Vito
>> Hello, FrediFizzx!
>> You wrote on Wed, 16 Jul 2008 16:27:18 -0700:
>>>http://dealbook.blogs.nytimes.com/2008/07/16/bear-lehman-said-to-question-
>>>goldman-on-rumors/
>>>http://news.yahoo.com/s/nm/20080716/bs_nm/goldman_lehman_bear_dc_1
>>
>>>There is no doubt that BSC's collapse was due to a bank-like run on the
>>>firm. Was it caused by false rumor info spreading? Probably.
>>
>>>Fred
>>
>> Of course lousy management and a focus on sales rather while ignoring
>> quality assurance had nothing to do with Bear's collapse.
>
> Many many companies got caught up in the subprime mess and for sure many
> of them have to share the consequences. The question remains as to
> whether they could have learned from their mistakes and turned it around
> had the "run" not happened. It is not hard for rumor mongers to take down
> any weakened company. Do you think it is fair to take down a weakened
> company by spreading false rumors? I am sure that you don't. Perhaps we
> will find out what really happened and perhaps we won't.
>
> Fred
>
|