Bear Stearns is the first of many to come!

jjk2 · Mar 17, 2008

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.

if they are hard to understand, why do these exotic optinos exist? such as binary options. i've been always curious how a man made thing could be so unpredictable.

stock_trad3r · Mar 17, 2008

Bear sterns is an isolated event.

1flyfisher · Mar 17, 2008

You mean like carlyle and thornburg?
you idiot.

Quote from stock_trad3r:

Bear sterns is an isolated event.

frank grimes · Mar 17, 2008

and C, WM, LEH, WB, CFC, plus a few more, good thing were in a bull mkt and the economy is fine!

ratboy88 · Mar 17, 2008

Quote from frank grimes:

and C, WM, LEH, WB, CFC, plus a few more, good thing were in a bull mkt and the economy is fine!

nowhere else to go but up.. sky's the limit.

Khaled187 · Mar 17, 2008

1flyfisher, please dont quote stock_trad3r because I have him on block and im not interesting to read what he says.

stock_trad3r · Mar 17, 2008

Quote from 1flyfisher:

You mean like carlyle and thornburg?
you idiot.

Um carlyle isn't a public traded company and thornburg had a small market cap to begin with. No one of those companies were very important.

Khaled187 · Mar 17, 2008

Dont let the positive close trick you people. The inevitable is coming.

jjk2 · Mar 17, 2008

Quote from Khaled187:

Dont let the positive close trick you people. The inevitable is coming.

yes !

paden · Mar 17, 2008