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Immelt was pumping GE stock at $30, and even sent an email to everyone who worked at GE, back in 2006, apprising them of the fact that he spent a few million dollars on stock. Look at how well that worked out, lol.

And shareholders, in the past decade, have lost well over half the value of their investment in the stock markets. Why aren't shareholders revolting? That's what I don't understand..

Yeah there's a reason all right -- most engineers have an eye towards sustainability. But Board of Directors are only interested in what happens in the next quarter or two so they can keep their jobs and cash in their stock options to pay for another yacht. Obviously the two goals are...

Surely, you mean 'incompetent'. Seriously, there's no magic skill involved in being a CEO. All those people have extensive armies of risk management people, VP's, etc., around them. And the President of the USA only makes, what, $500k/year?? And he runs an organization that is several...

It wouldn't be hard to find very competent individuals for $200k, to run America's banks. The current salaries paid to people working in the financial sector are completely inexcusable, and are really, a complete abrogation of the fiduciary responsibility of management and the Boards of...

The USA has got to be one of the most 'overbanked' countries on earth. So a reduction in capacity is perfectly rational, and will only make the economy healthier in the long run.

If the amounts are reasonably small, it takes them a while to accrue interest. But rest assured, the interest is accruing, and they will deduct it from your account, once a month, if you have borrowed money from them.

What??? The market is still down 30-40% from the peak. Housing (not that it matters) is down. The MBS that sit in most retirement portfolios are increasingly worthless. The dollar is crashing. Unemployment is continuing to rise. I don't know about this Las Vegas claim of yours -- but...

Good news for the USA I guess.

How long till China finally figures out the entire US economy is just one giant circle-jerk??

Ick! Isn't this pretty much the epitome of insurance fraud?

That's pretty rare, not the rule, but rather the exception. Maybe 10-15 years ago, and you inflation-adjusted the figures, but definitely not today. Pharmacy only takes 6 years or so, and most people take 5 years to do an engineering program. The key difference is that a pharmacist pretty...

So we have an economy based on ass kissing, how well a person communicates, and fluffery. Not one based on intelligence, skill, integrity, and forthrightness. No wonder we're in trouble. No wonder engineers do so poorly in the workforce.

How far up to we need to go in order to get the 'small' investor, who has lost a good chunk of value on their house (bubble popped), and in tech stocks -- to go, "OMG, I need to buy the stock market"? I see absolutely no evidence whatsoever that morons have been induced, as of yet, to invest.

A 50-year old, 2-bedroom, condo conversion for $170k? Good lord.

The banks are lending. They're lending to participants in the stock market who are driving it up, thus, eventually, making equity financing less expensive for businesses that want to grow. If the stock market had a reasonable P/E ratio for the past decade, ie: something like 25, you would...

"biggest boom of our time"? WTF are you talking about? You mean the decade where practically everyone doing stuff of value lost their jobs? The decade where debt absolutely ballooned (with no increase in exports to show for it). The decade of the collapse of the manufacturing industry...

2000-2009 = "the lost decade" -- maybe?? How quickly people seem to forget that the market has gone absolutely nowhere for the past decade.

Why would Buffet tell the world his true plans? So people could front-run him? Dumb. Warren B. is a pretty smart man. Although maybe he's a bit bipolar these days, lol. Pretty hard not to be, given everything that people are hearing.

Why can't they? If all the debt was wrung out of real estate (which it may very well be...eventually), then prices would be such that someone could save up for a few years and make a purchase, just like they can for any other consumer item. What's wrong with real estate prices plunging or...