bailout

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knabe

Well-known member
Joined
Feb 7, 2007
Messages
13,643
Location
Hollister, CA
here's some stats you won't see very often

Here's all you really need to know to see who lost and who benefited most at the Five Families of Wall Street, otherwise known as Goldman, Morgan Stanley, Merrill Lynch, Lehman Brothers and Bear Stearns. From the start of their 2004 fiscal years through yesterday, the big standalone investment banks lost about $83 billion of stock-market value. During the same period, they reported about $239 billion of employee-compensation expense.

seems like a lot of room to pay you the investor a little more.  to me, this means don't invest with them.  they are using your money to pay themselves more than you.  the churn cost might be a little too high.

i guess i would have to conclude that most people including myself, aren't aggressive enough with investing.  seems time to bypass the infection.
 

jason

Well-known member
Joined
Mar 26, 2006
Messages
3,046
Location
Emporia, Kansas
I almost focused investing in my own business and real estate in my town that I can oversee.  Too much greed and deception in a lot of these large corporations.
 

mooch

Well-known member
Joined
Apr 10, 2008
Messages
393
Location
IOWA
Jason said:
I almost focused investing in my own business and real estate in my town that I can oversee.  Too much greed and deception in a lot of these large corporations.
That was the plan in the late 1800's and 1900's that made this country great
 

rex

Well-known member
Joined
Oct 24, 2008
Messages
55
Location
NE
I wish they would give me just a million of the 700 billion.

I would buy a new atv, more land, and and would pump some freak steers to win all the shows  ;D
 
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