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Old 10-04-2008, 12:30 PM
gofastsandman gofastsandman is offline
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Join Date: Mar 2007
Location: W.P.B. ,Fl.
Posts: 4,586
Default Re: Stock market/banking sector insanity

I`m a Libertarian, so I have no representation to complain about. I sold my small MMA and bought Freddie Mac. 20 years from now I hope to retire.
My brother in law is an investment banker in London. When they short a stock they can leverage @ 100-1. He knows the 2 "humans" who starting shorting Lehman with massive hedge funds. They stoked the rumor mill and the bandwagon jumped on and now Lehman is gone.
GFS
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