Altair: Where Does It End? (2 Viewers)

[.zero]

so is the current situation driving you crazy or providing entertainment for you altair?

 

Buy on AliExpress.com

[GordoDeCentral]

nah man i always have fun, but i do feel bad for a lot of people who are gonna have a hell of a bad year in 2009.

 

[.zero]

like who?

 

[Bjerknes]

I'm not going to feel bad for the higher-ups that should have seen this coming, but yeah, a lot people are losing jobs and their savings due to these various failures.

 

[Enron]

Last edited by Enron : Yesterday at 20:40. Reason: Damn you Bozi.
what i do?

@ andy-the worldwide recession is bearing down on us,anyone who denies it is betetr just sticking his head in the sand and kissing his ass goodbye

You should have seen my post. It looked like one of yours. You're wearing off on me!

 

[Enron]

Meh, just let AIG fail. It may be disastrous but whatever.

No. No. No. That's my dad's biggest client.

 

[.zero]

thats what i'm afraid of. ironically i decided over the weekend that i wanted to put some money in a CD with a good rate and visit my fidelity advisor to get into some mutual funds but yesterday mornings news kinda killed those plans

 

[GordoDeCentral]

oh no the fat cats will make more money, one of my guys is already up 30k today; no sir the people who will suffer are that 80% of the population.

 

[.zero]

oh no the fat cats will make more money, one of my guys is already up 30k today; no sir the people who will suffer are that 80% of the population.

so its no different from any other time

 

[GordoDeCentral]

so its no different from any other time

no it is, it ll be a lot worse

 

[.zero]

ya but the same gen pop will suffer as always

 

[Bjerknes]

No. No. No. That's my dad's biggest client.

So he does insurance law?

 

[Enron]

Whose up for a fire sale?

 

[Enron]

So he does insurance law?

Mostly.

 

[Bjerknes]

ya but the same gen pop will suffer as always

As Canardo said, it will be much worse than normal.

Basically anybody that has a job and pays taxes will be affected someway by this disaster, unless you make a load as it is.

 

[.zero]

great

 

[Bjerknes]

Whose up for a fire sale?

Perhaps.

Mostly.

AIG is probably too big to let fail. What I can't make any sense out of is why the government would bail out Bear Sterns but let Lehman Brothers and AIG go into insolvency. If I had to pick one to save, it would have to be AIG as they are more crucial to the common folk than Bear. The government and FED isn't making much sense

 

[GordoDeCentral]

the fed IS bailing-indirectly AIG, but they need 70 some billion dollars when their market cap is 12 billion, when are these people gonna make money??

 

[Bjerknes]

So they're injecting liquidity, but the shareholders are still fucked. Hmm.

 

[GordoDeCentral]

exactly!