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Started By
Message
re: Lehman Watch Thread
Posted on 8/21/08 at 8:51 am to Doc Fenton
Posted on 8/21/08 at 8:51 am to Doc Fenton
quote:
Thanks for the invitation.
You were too busy playing the part of pollyanna to notice the glittering gold card in front of you.
quote:
it kinda sucks how little meat is left on the bones of these carcasses. Making easy money is fun. This other shite takes work. frick.
No shite. WFC still has a relatively high stock price (all things considered). They have a lot less exposure to toxic loans than others, but they are going to feel the pinch on auto and CC defaults.
2
Posted on 8/21/08 at 9:08 am to MileHigh
isn't WFC partially owned by Buffet? I don't want any part of something that he can throw money at.
Posted on 8/21/08 at 9:15 am to MileHigh
quote:
You were too busy playing the part of pollyanna to notice the glittering gold card in front of you.
I'm more of an economics man, not a market player. Thus, I was too busy trying to shoot down all the ridiculous bullshite that was flying around on the Poli Talk and Money Talk message boards.
I wasn't even paying attention until people started rabidly calling out Alan Greenspan and Ben Bernanke in December, and then I felt compelled to dispel some of the more extravagant myths going around.
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