ok made it through another 20 minutes of Meet the press.
"bob makes the company 10 billion"
"Roger loses the company 20 billion."
"Ed Loses the company 20 billion."
Company go bankrupt... nobody gets bonus'.....
Bob goes to company where he can get a bounus' where he doesn't work with fools.
Company doesn't go to the government and say "we need 2 billion to pay bob a bonus, so he can keep making the company 10 billion. while everyone else loses us 40 billion more.."... The company fires roger and ed, and bob finds a new job. and whatever the company was making 10 billion and losing 40 billion on... they stop doing."
The worst part is I feel Bearish.... and not market Agnostic....
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
Sunday, February 1, 2009
good lord
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