Quote:
Originally Posted by fotze
I think he meant it is almost comic how fundamentally fataed the market is right now, I know I'm trying to laugh this stuff off especially considering that evil greedy P.O.S's are what caused this.
They had a follow-up on this stuff on 60 minutes and there was a guy who said there a a handful of people who made in excess of a billion dollars betting that this would happen, all bets taken but not coverable apparently by 'financial experts' with unsuspecting peoples money.
I used to think the free market will take care of almost anything but this garbage has changed that. I hate that I have to believe that the government is needed to protect us from greedy pricks and stupid people.
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Yeah pretty much. I didn't know what to say to Jiri's reply there.
200 points lost on the DOW isn't going to whipe out a life savings. What I found funny was in 10 minutes, it swung over 200 points down. Bear markets have some crazy swings. -777, +900, -700 all within a couple days.