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Home › Blogs › time*treat's Blog › 1 in 4 Wall Street execs: fraud is necessary

1 in 4 Wall Street execs: fraud is necessary

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http://www.reuters.com/article/2012/07/10/us-wallstreet-survey-idUSBRE86906G20120710

Just so you know, if you take your money out of the Evil Looking stock market and park it in a "nice, safe, Blue Angel bank CD", you've just sent it back into the financial markets Thud, unless you bank at Bailey Building and Loan. Eek

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Entry #853

Comments

Avatar sully16 -
#1
Sounds like 1 in 4 walls street execs need to bunk with bubba for 25 years or so.
Avatar time*treat -
#2
You're gonna punish the 1 in 4 that admit it? ;-)

People resent if you say the stock market IS gambling, but they'll learn it's not even that honest. The public is going to become familiar with the word "rehypothecation".
Avatar bobbya -
#3
That explains WHY Rupert Murdoch bought The Wall Street Journal AND The DOW Industrial Ave!
Avatar sully16 -
#4
LOL, ummmmmm, the Dow industrial average! It 30 companies that make up the Dow, it's how they gauge market performance, you can own stock in all the companies, The dogs of the Dow refer to the 10 worst performing companies in the Dow.
You can have the Dow industrials, cyclicles, utilities,retail etc, they are companies in a group to gauge the market conditions against others in the group.

I reccommend, if your going to invest, by limit orders, not market orders, you usually get a better deal if you can pull it off.
Avatar scorpio -
#5
Sully were you a WAC once?
Avatar rdgrnr -
#6
Dorkio,
Were you a WACKO once?
Still are?

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