Wall St doing better?
 

From what I've read and watched on the news shows, the remaining big players on Wall St are having a pretty good year. Compensation and bonuses are expected to make a strong comeback this season. Reduced competition and access to cheap capital has greatly improved the balance sheets of the remaining players and it appears that our banking system will not be nationalized anytime soon.

That means a lot coming from a guy who's idea of "solving a big business crisis" is untangling a wad of Bombers without getting hooked :hihi:

-spence

Hey man, I went to business school. Sure, I was on welfare when I did it - but that's neither here nor there.

I think the market is overvalued right now. The market has not shown the typical changes given much of the data that comes out.

I think we're still headed down to at least 8200

I dont know the answer, but just some food for thought. How is Freddie and Fannie doing?
It would be interesting to see how they, governement managed companies, recovered vs. the private companies.

$1.90 and $1.66. I think you would have made doubled your money if you had invested back several months ago, when I was laughed at for mentioning it:rotf2:

You put far too much emphasis on stock prices.

???Thanks JD. I'll put that in the bank:biglaugh:

NYT- "FED Considers Sweeping Rules To Regulate Pay at Banks."
Not just executives, but traders,loan officers and other employees.

No attempt to nationalize banks here. :doh:

The market has a short memory. What downturn? DJIA is up over 48% since the lows in March.

AIG is up 234% from its low of $.37 a share after the collapse.

Nothing like the infusion of taxpayer money and government intrusion into private companies.