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Can Wall Street withstand weak housing?
Business Week Online ^ | September 19, 2006 | Peter Coy

Posted on 09/20/2006 10:26:44 AM PDT by GodGunsGuts

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To: RobRoy
And they get PAID for what they know.

So does Peter. How'd that work out for his client?

He nailed them on it

And still lost $500,000 for his client.

Not one of those people can be taken seriously by me again

You have Peter, you don't need anyone else.

Never thought he was.

That's a relief. It seems like many doomers on FR think he is.

We know that all men are flawed, but some have specific wisdom in specific areas that can be useful. Schiff proved that in 2006.

I wonder how his longer term clients have done?

The other guys proved just how wrong - yet with arrogant confidence - experts can be.

Kinda like Peter.

I overestimated the reasoning ability and character of the American people.

Me too, but living in Chicago, I'm already surrounded by Dem idiots.

It is going to be an interesting two years.

That's a good word.

281 posted on 11/25/2008 8:09:14 AM PST by Toddsterpatriot (Somehow people must be free I hope the day comes soon won't you please come to Chicago)
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To: Mase

>>Maybe you’ve haven’t read much about the great depression. I have. Either way, let me know when the rate of unemployment hits 25%, the soup lines form and the streets are filled with former executives selling pencils and apples for a nickle.

Until that time, please climb back into your bunker, confirm you have two year’s supply of food and spare me the comparisons that aren’t analogous in any way.<<

Have fun with this:

http://seekingalpha.com/article/107556-valuations-today-more-pessimistic-than-during-the-great-depression?source=email


282 posted on 11/25/2008 10:08:35 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: GodGunsGuts

Like a time-capsule. See where we are now...


283 posted on 02/15/2009 9:29:05 PM PST by madison10
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To: madison10

Bttt


284 posted on 05/23/2009 8:12:01 PM PDT by RobRoy (I'm wearing a cast on one hand. My spelling and clarity may not be up to par right now.)
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To: madison10

>>Like a time-capsule. See where we are now...<<

And now...


285 posted on 05/28/2009 4:02:18 PM PDT by RobRoy (This too will pass. But it will hurt like a you know what.)
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To: conservativecorner

The chart only goes to 2006. Bet that line is back close to 100 by the end of the year.


286 posted on 05/28/2009 4:07:53 PM PDT by SeaHawkFan
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To: wideawake

You assume bankers are smart.


287 posted on 05/28/2009 4:12:35 PM PDT by SeaHawkFan
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