"Doom and gloom" has just begun

Discussion in 'Wall St. News' started by turkeyneck, Mar 10, 2008.

  1. Of course it's good news. It's Capitalism at work. Risk premiums are being revalued. Once the damage is done, I wonder if we'll do away with credit ratings and instead have Investment Banks and Investors do their own independent and private evaluation. You had a good run S&P, but you lost all integrity.
  2. Good post.

    While all this is happening broking houses down here are telling people to buy..buy..buy..BUY!!! the oversold financials.

    Ya gotta laugh!