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Friday, March 14, 2008

Market double-take 

By Andrew Hofer at 3/14/2008 03:23:00 PM
Oh good, they're being bailed out!.....oh, you mean it's so bad they need to be bailed out?

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1 Comments:

By Anonymous Anonymous, at Fri Mar 14, 04:18:00 PM:

Hey, I lost $8 on the lottery last month. When will Uncle Sugar bail me out?
The greedy bastards pay million dollar bonuses to hundreds of staff they have no risk (or, at least, didn't). What was Bear's actual 12/07 payout?
The S&L crisis was the same thing. Whenever risk is separated from reward, the risk will pile up until there is a crisis. Let the bastards sink and, next time, don't allowed leveraged risk unless there are insurances equal to the potential.  

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