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cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board (http://www.cougarguard.com/forum/index.php)

- Finances (http://www.cougarguard.com/forum/forumdisplay.php?f=27)

- - Lehman is done (http://www.cougarguard.com/forum/showthread.php?t=22484)

Colly Wolly

09-15-2008 01:30 AM

Lehman is done

Turn on CNBC. BoA buys Merrill Lynch. Dow futures already down over 300 points. Monday is going to be ugly.

MikeWaters

09-15-2008 01:47 AM

these investment bankers got unbelievably rich doing stupid, unethical things and now we are supposed to feel bad for them as they walk away with millions and leave a ruined economy in their wake.

Colly Wolly

09-15-2008 02:01 AM

Quote:

Originally Posted by MikeWaters (Post 265435)

these investment bankers got unbelievably rich doing stupid, unethical things and now we are supposed to feel bad for them as they walk away with millions and leave a ruined economy in their wake.

Typical. The root of this problem is the real estate bubble. The whole country is on the hook. But you can keep blaming "Atlas". We'll get through this like everything else, and you'll have something new to bitch about in a couple years.

Colly Wolly

09-15-2008 02:04 AM

By the way, how do you see the lives of "your people" being affected by this? Just curious.

MikeWaters

09-15-2008 02:53 AM

No bailout. None. These people deserve to lose their shirts.

Colly Wolly

09-15-2008 02:59 AM

Quote:

Originally Posted by MikeWaters (Post 265445)

No bailout. None. These people deserve to lose their shirts.

Agreed. Leave the government out of it. And the people who deserve to lose their homes lose their homes. No bailout...

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