499 stocks dipped and only one rose? and which one was it? Campbell's Soup.
Media execs living in million dollar homes in Greenwich , Conneticut: Manhattan Co-ops and Upper New York Mansions ,think this is just so amusing. The end of the Roman Empire said one: oh, "this could have an impact on future businesses to come "gleefully said another.
I spoke to my bank Manager at Wachovia this morning. So Citigroup signed the merger, but it has not been approved by the shareholders. Citigroup then is sort of left holding the bag...for the moment.
Mayor Bloomberg in New York, wants to break the term limits law and run for another four years. Now Mr. Bloomberg as you know is a billionaire. Yes Mayor stay in another four years so you can monitor yours and your friends assets on Wall street. How timely.
Another billionaire Ron Lauder,who firstly opposed it now supports it. Well of course the billionaires club has to rally forth and protect their assets. Move wealth around and break out with new investment strategies, income streams then make up new laws and continue on as usual.
The bottom line is this; a lot of them knew this would happen. They sit on the "rules committee" and make up the rules as they go along. What we as middle class folks may want to consider is to force them to keep playing Russian roulette amongst themselves.
Why should the middle class i.e. poor in comparison to them bail them out? Let them eat their losses, lick their boots, which they happen to own a multitude of..and create new paradigms of wealth. What we need to do is pay close attention and attempt to ride their coattails and make our money off of them!
People on Wall Street are NOT in a panic. It is newsworthy to make it so, but that is not the mood. Imagine a wealthy Conneticut resident saying, "this is our Katrina" well the folks in New Orleans did not create that holocaust, but all the big time investors most certainly are part of this mess. Ah , Greed..let them eat cake so they think about us..but we won't be eating cake this time!!
Posted By: Marta Fernandez
Tuesday, September 30th 2008 at 7:39PM
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