Gothamist: Stocks Fall as Anxiety Persists

NannyState

Wed, 17 Sep 2008 22:27:33 -0500

The Fed won't cut rates. That one-trick pony's back in the barn. It's now a game of chicken with the European Central Bank. Will those uptight greedy eurocunts finally cut their rates or do they really want to see where our firewalls get built? Protectionism is not off the table.

esquared

Wed, 17 Sep 2008 18:27:50 -0500

*I'm referring to the gov't as the stupids, not the commenters

esquared

Wed, 17 Sep 2008 18:23:49 -0500

Just to show that the gov't can't change the fate of the stock market, whether they're "saving" a giant insurance market or an investment banker. The gov't bail-out of AIG is total bull-shit. It's the economy stupids.

JMH

Wed, 17 Sep 2008 18:19:35 -0500

Hey "money manager", the overly generous availability of credit is part of the problem, not the solution.

Shinobi Shaw

Wed, 17 Sep 2008 16:07:07 -0500

People should not be surprised, we have had it good for so long that this is the beginning of something bigger. And yet, Joe Schmoe is still chumming down chips and watching Monday Night Football without a care in the world. We shall see if Joe Average has the same smug douchebag look on his face 4 years from now when he is living in a shanty town. These are historic times indeed!

Steven

Wed, 17 Sep 2008 15:58:00 -0500

I hope the mindset doesn't start to grow in big business when they need help the government will bail them out. If we make a mistake no biggie the government will help us.

PeeDeeQ

Wed, 17 Sep 2008 14:59:45 -0500

#1 Yeah, i want a slide show of all these guys and gals with their hand somewhere on their head put to the tune of Orpheus in the Underworld (the can-can dance; you know?) This Halloween i am going as anguished trader!

PeeDeeQ

Wed, 17 Sep 2008 14:54:28 -0500

Babyhitler - I don't know what it is about this economic crisis, but we are learning more and more your personal life and your friends. Why so candid all of a sudden? Is this intentional, or are you feeling a little like a sinner at confession? Please discuss.

JacqueMehoff

Wed, 17 Sep 2008 14:43:33 -0500

is this the george costanza rule in how to look like you're working by acting perturbed? when are people going to wise up? cause it's not going to stop..

yetanotherdamneduselessaccount

Wed, 17 Sep 2008 14:31:09 -0500

Great to see that we'll be footing the bill for yet another bailout of the douchebag crew. Fuck stability. Let it burn. People could use a hard lesson in finance/economics.

babyhitler

Wed, 17 Sep 2008 14:26:47 -0500

my friend at ernst and young is a top level auditor and he tells me that the books are so cooked that it's impossible to do his job, his job being to coverup all the cooking of the books. Man, even the independent analysts know they are dirty crooks.

Kojak

Wed, 17 Sep 2008 14:10:20 -0500

GE does have a finance arm, but they can spin that off in a real hurry if need be. When your the world's largest conglomerate, you can spin off anything that may be bringing down the business as a whole. They've been talking about splitting up anyway for years

Steven

Wed, 17 Sep 2008 14:05:52 -0500

In ten years everyone will be forgetting what is happening today until the next crisis hits the fan.

matty

Wed, 17 Sep 2008 13:51:07 -0500

Short sellers should be round up and shot. Well only with nurf bullets, but you know, it would send a message.

arsguide

Wed, 17 Sep 2008 13:49:45 -0500

if the market was made up of people investing in companies they believed in as true shareholders who then share in the dividends of the companies profit...they would be hanging tough and this wouldnt be happening...instead the markets been taken over by anaylatical trading and massive amounts of money thats only rule is to follow the trend...now that the trend isn't up, up, they're trying to take their profits and run... whats amazing are these petulant supposed intellegent traders who keep expecting the fed to bail out and subsidize this fantasy that the markets are supposed to always being going up and up, that businesses are entitled to cheap cash to 'lubricate' the market. Its because the Fed has coddled the market and gave it cheap cash that the price of homes and donuts have doubled.

babyhitler

Wed, 17 Sep 2008 13:49:08 -0500

The photogs trick is to throw a bunch of granulated pepper at the traders and to high speed that shit. anyway burn baby burn! financial inferno! I survived 9/11 and the blackout of 2003. Is this all you got BUSH? I've taken everything you've thrown at me!

zodak

Wed, 17 Sep 2008 13:41:43 -0500

GE is next.

drewo

Wed, 17 Sep 2008 13:37:08 -0500

Note to US Government - things will be fine if you just butt out.

Nick S

Wed, 17 Sep 2008 13:32:13 -0500

Jesus, is there a pool that you're pulling all these "anguished trader" photos from? WE GET IT!