When will the BS STOP!!!

Discussion in 'Wall St. News' started by Mvic, May 22, 2008.

  1. Mvic

    Mvic

    http://www.ft.com/cms/s/0/07cb8b1a-275e-11dd-b7cb-000077b07658.html?nclick_check=1

    I know a guy who owns a ton of Alcatel through his old Lucent position, he had some 50K shares of Lucent back when it was $84, unfortunately he never sold any and now owns a bunch of equally worthless Alcatel. Wonder if the banks will give him a loan using his stock BUT at the value it held back in 99.

    I know these guys are scared shitless but how much BS can they get away with before they destroy the credibility of the US financial markets/institutions. Cut the rot out once and for all before it infects everything.
     
  2. It will never stop. Everything is already infected.
     
  3. Way too many people made way too much money for doing next to nothing of value for too long.

    You are probably one of them

    So don't point the bony finger.
     
  4. We're all in this alone. :) :( :D :p :cool: :mad: :eek: :confused:
     
  5. Maybe these stupid banks want to continue loaning money to buy houses at 'hysterical' prices too?