Reality slams stock market

Reality slams stock market

There are 1 comment on the The Jersey Journal story from Nov 11, 2008, titled Reality slams stock market. In it, The Jersey Journal reports that:

Volatility slammed Wall Street again today as the reality hit investors that few industries are safe from the consumer spending slump -- whether they're building homes, making cars or selling coffee.

Join the discussion below, or Read more at The Jersey Journal.

ohO

Houston, TX

#1 Nov 12, 2008
US May Lose Its 'AAA' Rating

http://www.cnbc.com//id/27641538

Consumer and investor confidence will return ONLY IF they FIX the core flaws NOT cover them up. Bailouts will not do a darn thing but bankrupt the treasury.

Few examples of core flaws that come to mind:
Mark to make believe accounting - Credit rating conflict of interest - Derivative scam (naked swaps)- Currency reform?(Bretton Wood 2)

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

BlackRock Discussions

Title Updated Last By Comments
News Investors Real Estate Trust (IRET) Insider Buys... Sep '16 zanezebediah 1
News UPDATE 3-AT&T top buyer at U.S. airwaves auctio... (Feb '15) Feb '15 Willsonjohn90 1
News Insight: U.S. early warning system for financia... (Dec '13) Dec '13 Le Jimbo 1
News AIG argues against $8.5 billion settlement with... (Jun '13) Sep '13 dariusrickard 4
News Blackrock Says It Added to Bets on Yen's Declin... (Jun '13) Jun '13 williamscharles71 2
News Bank of America Corp (BAC) News: Courtroom Batt... (Jun '13) Jun '13 Jesse 1
News Citigroup Awards EO Corbat $11.5 Million After ... (Feb '13) Mar '13 nevermind12345 4
More from around the web