My hunch is that both Buffett and Spitzer were the triggers that sent this house of cards sprawling over the American financial landscape in a wreck of huge proportions!!!
Hunch number two is that Americans and American investors have had their confidence shaken in both the financial giants, but also in our government and in it's ability to properly resolve this. Thus the market dive again today...
Hunch number three is that NO politicians are willing to do anything that is right because it is too hard and will require them to use good judgement, rather than "compassionate" correction that will fall far short of what's really going to be needed!!!
Too bad it’s not G.Sorra$...
I'm afraid yer right on da money. This is like an old southern true story about a rich old oil guy whose son got popped for a big dope deal. The dad then got popped bribing a judge to get the kid off. Before the dust settled the old guy was quoted as saying "This is all like a big bucket of shiite. The more ya stir it, the more it stinks.
To: AmericanMade1776; Grampa Dave; calcowgirl; Anybody; Everybody; All
Can anyone tell me if Warren Buffet’s company owns any of AIG???
22 posted on Tuesday, September 16, 2008 10:33:50 AM by SierraWasp