You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #42: The awful truth comes out. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
Terry in Austin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 11:02 PM
Response to Original message
42. The awful truth comes out.
Finance is not really an "industry." It produces nothing.

It's a bunch of guys with money who rent it out for more money.

Couldn't happen to a nicer bunch of drones!

Printer Friendly | Permalink |  | Top
  -Nations Financial Industry Gripped by Fear RedEarth  Sep-14-08 07:32 PM   #0 
  - GOP owns this mess. Time To Pay The Piper  mrJJ   Sep-14-08 07:35 PM   #1 
  - Another subject we will all need to become conversant in.  Old and In the Way   Sep-14-08 08:14 PM   #14 
  - Bingo - this is the smoking gun that should sink McW  central scrutinizer   Sep-14-08 08:20 PM   #17 
  - Exactly. Gramm, Gramm, Gramm.  Waiting For Everyman   Sep-14-08 08:21 PM   #18 
  - Thanks for your post. Exactly what I was saying.  trthnd4jstc   Sep-14-08 09:15 PM   #28 
  - exactly. I hope Sen. Dodd explains this in simple terms tomorrow am  wordpix   Sep-14-08 09:57 PM   #33 
  - Bill Clinton Has Significant Responsibility  MannyGoldstein   Sep-14-08 10:14 PM   #37 
     - Thanks for the reminder seriously. nt  snot   Sep-14-08 10:34 PM   #39 
  - Thirty years of deregulation.  billyoc   Sep-14-08 07:40 PM   #2 
  - The regs are there  TomClash   Sep-14-08 08:06 PM   #12 
     - In February, 2007, the Bush administration refused to regulate hedge funds  aint_no_life_nowhere   Sep-14-08 10:05 PM   #36 
     - Read the Investment Company Act of 1940 . . .  TomClash   Sep-15-08 07:42 AM   #44 
     - No, the regs have been eviscerated AND the remainder's not enforced. nt  snot   Sep-14-08 10:35 PM   #40 
  - (shrug) It's their own fault.  BlooInBloo   Sep-14-08 07:43 PM   #3 
  - Houston won't be the only city with busted skyscraper windows... n/t  Xipe Totec   Sep-14-08 07:43 PM   # 
  - Capitalism is going down again -- as in over + over again --  defendandprotect   Sep-14-08 07:43 PM   #4 
  - Time to be scared. This is a cluster of epic proportions-not a time for McSame policies  bronxiteforever   Sep-14-08 07:44 PM   #5 
  - Someone is getting rich  spotbird   Sep-15-08 12:44 PM   #50 
  - And Congress seems to be vacationing . . . . !!  defendandprotect   Sep-14-08 07:45 PM   #6 
  - Our firm just called all our retired finance law people out of retirement  policypunk   Sep-14-08 07:48 PM   #7 
  - Damn  MadMaddie   Sep-14-08 08:19 PM   #16 
  - Kind of wondering  laptoprepairguy   Sep-14-08 07:50 PM   #8 
  - Bank of America just bought Merrill Lynch  CountAllVotes   Sep-14-08 07:54 PM   #9 
  - I didn't know BoA was doing so well  wordpix   Sep-14-08 09:58 PM   #34 
     - The best book cookers will win.  hunter   Sep-15-08 12:35 PM   #47 
  - where the f' is Bernanke  CountAllVotes   Sep-14-08 07:56 PM   #10 
  - Yes, the party (GOP) is over.  bluesmail   Sep-14-08 08:01 PM   #11 
  - Basically the endof the B-D business in the US  TomClash   Sep-14-08 08:08 PM   #13 
  - "B-D"?  snot   Sep-14-08 10:37 PM   #41 
     - Broker-Dealer nt  TomClash   Sep-15-08 07:29 AM   #43 
        - thanks. nt  snot   Sep-15-08 12:23 PM   #46 
  - ...and they still don't get that if the individual homeowner goes down, they're going too.  Waiting For Everyman   Sep-14-08 08:15 PM   #15 
  - 3 words: LEVEL PLAYING FIELD  Waiting For Everyman   Sep-14-08 08:26 PM   #19 
  - CNBC has excellent coverage of the Titanic sinking....  dixiegrrrrl   Sep-14-08 08:33 PM   #20 
  - "Not often you get to be an eyewitness to a historic collapse as it happens."  PassingFair   Sep-14-08 08:40 PM   #23 
  - OMG, they had to come in on a SUNDAY!!!!?!!!11!  PassingFair   Sep-14-08 08:34 PM   #21 
  - Look out for JP Morgan Chase. They are not in nearly as good shape as  Ex Lurker   Sep-14-08 08:37 PM   #22 
  - Got a link or can you explain further?  Dover   Sep-15-08 12:37 PM   #48 
  - Is there a list of troubled banks?  dabenpb   Sep-14-08 08:51 PM   #24 
  - my guess is if they're heavily involved in the banking-investment-development revolving door  wordpix   Sep-14-08 10:00 PM   #35 
  - All part of globalization of the banking institutions (via consolidation)  Dover   Sep-15-08 12:44 PM   #49 
  - I don't know of a list per se, but you might want to take a gander at  Buns_of_Fire   Sep-15-08 09:09 AM   #45 
  - Fuck 'em all. They are a cancer infecting the temple of our civilization.  Odin2005   Sep-14-08 08:52 PM   #25 
  - It's here, world wide recession/depression. Better strap in we're  greyghost   Sep-14-08 09:06 PM   #26 
  - Sky is falling. World will end tomorrow. Meanwhile, I just booked my hotel for New Year's. n/t  Psephos   Sep-14-08 09:49 PM   #29 
     - I've been booked, but that isn't going to stop the inevitable.eom  greyghost   Sep-14-08 09:54 PM   #31 
  - What is amazing to my mind is this:  trthnd4jstc   Sep-14-08 09:08 PM   #27 
  - good post  Psephos   Sep-14-08 09:53 PM   #30 
  - Well said.  greyghost   Sep-14-08 09:55 PM   #32 
  - It's all your fault, you liberal DEMON.  PassingFair   Sep-14-08 10:18 PM   #38 
  - The awful truth comes out.  Terry in Austin   Sep-14-08 11:02 PM   #42 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC