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+--- Thread: Stock Market (/showthread.php?tid=1355)
Stock Market - Securb - 10-10-2008
The villagers, seeing that there were many monkeys around, went out
to the forest, and started catching them. The man bought hundreds
at $10 and as supply started to diminish, the villagers stopped
their efforts.
At this point the man announced that he would now buy at $20 each.
This renewed the efforts of the villagers and they started catching
monkeys again. Soon the supply diminished even further and people
started going back to their farms.
The offer increased to $25 each and the supply of monkeys became so
limited that it was an effort to even see a monkey, let alone catch
it!
The man now announced that he would buy monkeys at $50 each!
However, since he had to go to the city on some business, his
assistant would now buy on his behalf for him.
In the absence of the man, the assistant told the villagers, "Look
at all these monkeys in the big cage that the man has collected.
I will sell them to you at $35 each and when the man returns from
the city, you can sell them to him for $50 each."
The villagers rounded up with all their savings and bought all the
monkeys.
They never saw the man nor his assistant again, only monkeys
everywhere!
Now you have a better understanding of how the stock market works.
Stock Market - Gator - 10-12-2008
Wow, if only you explained this to me 15 years ago. I could have saved all that money that I spent on my finance degree.
Stock Market - 3dR3 - 10-13-2008
i'm currently investing in aluminum cans.... they were full of beer.
Stock Market - Securb - 10-16-2008
CHARLOTTE, N.C. ââ¬â First there was the $440,000 American Insurance Group Inc. spent entertaining executives days after receiving an $85 billion lifeline from the Federal Reserve, now it's $86,000 for a hunting trip in England as the faltering company reaped another $37.8 billion in taxpayer funded loans.
News of the hunting trip emerged Wednesday as New York Attorney General Andrew Cuomo ordered AIG to do away with golden parachutes for executives, golf outings and parties while taking government money to stay afloat.
"Even after the taxpayer-funded bailout of AIG, the company paid hundreds of thousands of dollars for luxurious retreats for its executives, including an overseas hunting party and a golf outing," Cuomo wrote in a letter to the New York-based insurer.
He said the spending could be "fraudulent conveyances" under a state law regarding debtors and creditors and noted that beyond those excesses millions were paid to executives who were running AIG as it faced dissolution with government help.
Cuomo said he has the power under state business law to review and possibly rescind any inappropriate AIG spending as long as the Federal Reserve is propping up the huge insurer with almost $123 billion in loans announced since Sept. 16.
Stock Market - Hooch - 10-16-2008
just shoot those fuckers
Stock Market - 3dR3 - 10-16-2008
we should sell attilla's bastard children..
Stock Market - Securb - 10-16-2008
If Andrew Cuomo has the balls to bring up charges on AIG, Obama needs to make him Attorney General
Stock Market - Securb - 10-24-2008
Down another 400 points Wall St is going to look like "I Am Legend" in .....5..4..3......
Stock Market - 3dR3 - 10-24-2008
Securb Wrote:Down another 400 points Wall St is going to look like "I Am Legend" in .....5..4..3......
I was standing in line at Wachovia and asked the teller what the name would be after they merged with Wells Fargo "I don't care"
me either, really.