Says Bear was ok, rumors and panic did them in

Quote from The Kin:

Yeah but MF Global is fucked. Hhahahahahahahhahahahahaha!
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Grow up child what is so funny about a firm going to the wall? I spent 10 years at GNI who were bought by Man and still know a lot of people there.

After reading a lot of your posts recently it is obvious you are a little boy yet to do his first real trade. Fuck off
 
There is obviously a person behind "Bogan 7", but why identify yourself with the convict descended scum of Australia?

Anyone who identifies with this filth must be an idiot!

You are embarrasing all us other Australians who do not have convict genes.
 
Quote from Alex_in_Oz:

There is obviously a person behind "Bogan 7", but why identify yourself with the convict descended scum of Australia?

Anyone who identifies with this filth must be an idiot!

You are embarrasing all us other Australians who do not have convict genes.
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If your not convict stock what are you? Apart from a no nothing prat that is?
 
But if it were simply rumors that caused Bear's collapse, why would it's management accept a $2 bid from JPM, especially after the Fed said it'd come to their rescue?

I mean, if the company *really* had solid assets over liabilities, then I would've said F$$C JPM and their $2, let's declare bankruptcy and call the Fed's "bluff"!

It all points to a company whose net assets are less than liabilities and therefore worth $2.00 BUT if that's not the case, then something else was going on to make management give the company away.
 
It's a lot more complicated than that.

And no one is saying they didn't f^&# up.

But clearly, the end was precipitated by external forces to some extent.
 
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