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Old 03-21-2008, 02:37 AM   #9 (permalink)
Sion
Dumb all over...a little ugly on the side
 
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Location: In the room where the giant fire puffer works, and the torture never stops.
As I see it, the problem with Wall Street and the financial markets in general is plain old simple greed. Not satisfied with making 10% or 15% earnings on their money, which should be considered a good return on any investment, the people who REALLY run this country kept inventing more and more "investment vehicles" based less and less on actual performance and more and more on potential. Global financial markets have become a house of cards, a pyramid scheme of unimaginable size. And like any house of cards, it doesn't take much of a breeze to send it tumbling down. Like any pyramid scheme, eventually not enough money is coming in the bottom of the pyramid to keep it afloat.
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I jus' want ta thank you...falettinme...be mice elf...agin...
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