Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, September 17, 2008
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7 comments:
WTF is wrong with MS???
It's the same rolling bear raid.... Goldman will be next.
Naked shorting banned tonight, so i think they're attacking in order to make it before then.
horrifying im horrified
Like I said, after we get resolution, we tend to get "The knife".
There is a reason they started the uptick rule, in the 30's none of the banks could access the markets to raise capital. because the stocks were killed.
not to throw out the boogyman of the 1930's and who knows if that was actually the problem.
Why did they repeal that rule in the first place? It seemed stupid to me at the time.
You know how bureaucrats are, Keep messing with things till they are broken.
Not only can you bill to break them, then you can bill to fix them.
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