Bear Stearns is the first of many to come!

[jjk2]

Quote from Khaled187:

Wouldnt it be just wonderful if it was GS. Please God make it GS, please God.

haha khaled why did they reject ur resume


i know they did

and i really hope GS crashes too. :eek:

 

[jjk2]

Quote from stock_trad3r:

LOL I think the worse is over. THe dow is only down a whole 1%...lol

With the exception of financial and retail stocks are doing very well. We're in a global economic boom. Bear stearns is just a drop in the bucket.

didn't you say you were gonna leave.

 

[The Kin]

I like Goldman, they're the only ones who know what they're doing.

 

[ByLoSellHi]

Quote from The Kin:

I like Goldman, they're the only ones who know what they're doing.

I wouldn't be as comfortable.

I'm not saying your judgment is misplaced; I'm just saying all these brokerage firms, including Goldman, are literal houses of cards right now, with all kinds of exotic and bizarre financial assets that are hard to understand, and even harder to assess a valuation.

 

[fluttrader]

Quote from ByLoSellHi:

I wouldn't be as comfortable.

I'm not saying your judgment is misplaced; I'm just saying all these brokerage firms, including Goldman, are literal houses of cards right now, with all kinds of exotic and bizarre financial assets that are hard to understand, and even harder to assess a valuation.

Yes, that is the problem, maybe even they themselves don't know the REAL,underlying risk of their holdings

 

[Equalizer]

 

[Khaled187]

Quote from fluttrader:

Yes, that is the problem, maybe even they themselves don't know the REAL,underlying risk of their holdings

Right on spot.

 

[Khaled187]

Amazing pic Equalizer, where did you get it?

 

[stock_trad3r]

LOL bear sterns also has revolving doors.

 

[Grandeur]

http://finance.yahoo.com/tech-ticker/article/7226/Lehman:-We're-Not-Bear,-and-We're-Not-Screwed?tickers=leh,bsc

Deja vu. It's like last week when someone else said something similar.