Financial Shakeup this weekend

[nplenzick]

ccm911 wrote:

We really need to let this play out with no government intervention. I'll take the ride, good or bad. aybe a nice depression is what we need to clean up all the waste on Wall Street. Have they learned nothing? Every time the Fed releases more funds the Stock Market rises. Where is it written that the market must always rise? What ever happened to market corrections?

As for the Bear Sterns bailout(remember, that is what started this thread), why is the CEO going to walk away with 61 million in his pocket.

I guess the scumbags on Wall Street get paid, win or lose!

Nice work if you can find it.

Would you be prepared to lose your home Chris? Working for peanuts?( if there's any work at all). Dreaming about the days when you owned a Porsche? Trying to figure out how you'll stay warm next winter? Standing in line for food? Just like there are no nice wars there are no nice depressions. Most people haven't a clue of what it would be like and how long it would last. I'm I glad the CEO walked with 61 million in his pocket, HELL NO. But lets elect someone who's not tied to special interest groups who can appoint our brightest economists to investigate as to what went wrong and then pass legislation to prevent it from happening again.

Just remember if that depression does happen, it's not that CEO who'll be hurting, it'll be you, your friends, and family.