Would we survive....would we be better or worse off? Would the average person have a chance to compete?.....many questions come to mind... Additional Details the questions should have ...
That the stock price doesn't matter?
lets say that I have $70K and bought 70K shares of a certain stock($1/share), if the stock went up to 10 I'll make$700000.however, if I bought 2800 ...
Hey guys ive been doing alot of research and reading books on buying stocks. They tell you to watch for certain things like p/e ratio. sells numbers. profit numbers. ect ect ect... Here is my ...
1.u make money wen the price goes up.
2.u mk money wen the price goes down.
3.u mk money wn thre is no change in price
4.u mk money irrespctive of the price going up or down....
Why won't investment bankers at Meryll Lynch be prosecuted?
Just wondering...so these investment bankers at Meryll Lynch who pretty much destroyed the country...they won't be prosecuted for their greed? If good ole Martha Stewart was put into prison for getting hints on stocks...why won't these ruthless morons at Meryll Lynch be put away. After all fellow taxpayer...you're the one that has to clean up the mess!
Because when they invest money for their clients, they are required to determine whether or not these investments are suitable in light of the customer's investment objectives. If they're not suitable than they can be taken to arbitration per terms of their customer account agreements.
Otherwise, when they're investing their own money (which is the cause of their recent distress) there is no law that says they can't lose it.
dk
They made poor decision and they are paying for it.
GMP
You should get a little education before you go condemning people for doing their jobs. If you want to know what happen, why it happened, and why the fix just MIGHT work then read this article
Taketwoasprin C
Because bankers can get away with anything and it seems like everyone is always there to cover up for bankers.
Iqbal E
Amanda - You called that legalized theft!. Remember, a man with a pen will still more than a man with a gun!
NextMove
Well would you have preferred that the bankers not make as much money? The bankers make the money for the country and everyone in the banking system has to be greedy to allow a country to amass it's wealth. In times of Economic growth would YOU prefer to idle by living your life normally whilst everyone around is getting richer? Or would you also go for the new wealth? I don't think it's fair that the major investment banks be blamed completely for this economic turmoil because they were simply doing their job. A recession was bound to happen eventually and they will keep happening because Economic growth can't continue forever. Market confidence was destroyed due to the mortgage crisis and commercial banks lending too much, now those banks have started to fail and are dragging down entire countries.
executor
Why blame Merrill when the blame should be put on educational system for creating an entire generation of people who can't read a mortgage application - and for a generation that cant figure out how much they can afford -
Roman Esteban Due April 12
Because banks are in the pockets of the democrats and well democrats are in control of congress. And republicans could care less so they see no need.
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