The perspective of the greed/lusting half-wits who continue to line their pockets at the expense of everything and everyone else, that's who. :eek:
Holy UBS Batman!!
- Thread starter PAPA ROACH
- Start date
Auction-rate securities generally paid higher yields than savings accounts or money-market funds,
..its not money market funds...only a select few people are effected.
..its not money market funds...only a select few people are effected.
http://online.wsj.com/article/SB120355353748481481.html?mod=sphere_ts&mod=sphere_wd
heres a article of the select few,...
yes the waves are hitting far inland.
heres a article of the select few,...
yes the waves are hitting far inland.
It's only the beginning, the cuts are supposed to keep coming, and the other firms will have to follow suit. That is the current thinking.
Use your head. Conrad and Muffy lose 30% in their money market accounts. Panic with upper crust retail investor. Of course the lawyers will pull out the prospectus and poke it with index fingers like so many race track touts poking their choices f or the daily double.
People are scared. Credit dries up. Losses expand. Nobody spends. Yeah, this is small potatoes.
Use your head. Conrad and Muffy lose 30% in their money market accounts. Panic with upper crust retail investor. Of course the lawyers will pull out the prospectus and poke it with index fingers like so many race track touts poking their choices f or the daily double.
People are scared. Credit dries up. Losses expand. Nobody spends. Yeah, this is small potatoes.
