SRiC Specific: Bailout/Wallstreet Catastrofail Discussion thread

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Old Sep 29, 2008 | 12:38 PM
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SRiC Specific: Bailout/Wallstreet Catastrofail Discussion thread

this is going to hurt

Old Sep 29, 2008 | 12:54 PM
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I wouldn't worry just yet.
Old Sep 29, 2008 | 12:58 PM
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Old Sep 29, 2008 | 12:58 PM
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Originally Posted by Mr. Xevious
Old Sep 29, 2008 | 12:59 PM
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Originally Posted by soggynoodles
I wouldn't worry just yet.
worrying doesnt make sense anyway. its a semi-free market, **** happens.
Old Sep 29, 2008 | 01:00 PM
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Originally Posted by irrational x
worrying doesnt make sense anyway. its a semi-free market, **** happens.
just means the ability for others to make money as the top tier falls
Old Sep 29, 2008 | 01:01 PM
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just closed at -595. not to bad
Old Sep 29, 2008 | 01:03 PM
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Originally Posted by Mr. Xevious
just means the ability for others to make money as the top tier falls
i just lawled

you realize that this bailout doesnt effect the rich. its designed to help credit markets.

corporations of all sizes and individuals like you will bear the burden of this lack of liquidity... just look at apples stock. no consumer credit = no profit
Old Sep 29, 2008 | 01:06 PM
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Originally Posted by irrational x
i just lawled

you realize that this bailout doesnt effect the rich. its designed to help credit markets.

corporations of all sizes and individuals like you will bear the burden of this lack of liquidity... just look at apples stock. no consumer credit = no profit
no bailout = collapse of business that created risky practice to make more money = new business opportunitys

correct me if I am wrong, but I do believe that's how capitalism works. People **** up and business collapse, and new business will fill the hole in the market.

if there is no bailout, how do we (as taxpayers) pay for it then?
Old Sep 29, 2008 | 01:08 PM
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lolo, it went down so hard googles graphs are borked

Old Sep 29, 2008 | 01:09 PM
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Originally Posted by irrational x
just closed at -595. not to bad
not sure if this is from after hours trading or what

Old Sep 29, 2008 | 01:09 PM
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Originally Posted by irrational x
lolo, it went down so hard googles graphs are borked

ok thats awesome
Old Sep 29, 2008 | 01:10 PM
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Originally Posted by Mr. Xevious
no bailout = collapse of business that created risky practice to make more money = new business opportunitys

correct me if I am wrong, but I do believe that's how capitalism works. People **** up and business collapse, and new business will fill the hole in the market.

if there is no bailout, how do we (as taxpayers) pay for it then?
companies failing is not the issue.


lack of credit is.
Old Sep 29, 2008 | 01:10 PM
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lol @ graphs
Old Sep 29, 2008 | 01:11 PM
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Originally Posted by Mr. Xevious
not sure if this is from after hours trading or what

it opened higher. so it was probably a 700pt swing, but only down 600ish



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