Well the companies that actually make stuff, you know actually create wealth are doing fine.
The current problems are caused by the smartest guys in the room types that populate the likes of Bear Stearns and Lehman Brothers.
The financial services companies that stuck their noses in the swill of securitised residential mortgages are going to be severely punished. Unfortunately the companies that do something of real value are suffering some short term collateral damage.
It'll all be over soon and hopefully with some nice shiny new prudential regulations for the derivative traders.
- Forums
- ASX - By Stock
- DJIA
- yanks have lost it
yanks have lost it, page-20
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DJIA (INDEXDJX) to my watchlist
|
|||||
Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a |
Open | High | Low |
26,683 | 0.00 | 0.00 |