Maybe the market is discounting banks nationalized, and automakers file bankruptcy?

Discussion in 'Economics' started by crgarcia, Feb 24, 2009.

  1. Already priced in?
  2. If OBAMA nationalizes banks, you can kiss the Stock Market Goodbye. Such a move would wipe out stockholders in those banks (as if they are not wiped out now) and set a presidence for "nationalizing any public company that is in trouble."

    This would spook all 'BIG MONEY INVESTORS".

    It would end the ELITE TRADER CREW over nigth.
  3. Illum


    I don't think it would end a thing here. Does anyone really care if they trade something at 20 or 2? Trade it just the same. This isn't yahoo message boards filled with blind perma bulls, or a board with people who are so large they cant dump everything fast when it goes against them. Even the resident bull Stocktrad3r wouldn't touch these toxic financials. All ok here.