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Post# of 495952
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ieddyi

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ieddyi

Re: wall_rus post# 340877

Friday, 07/11/2008 12:18:06 PM

Friday, July 11, 2008 12:18:06 PM

Post# of 495952
The bailouts just distort the natural rhythm of any market

Taking risk out of the equation just insures bigger bubbles later on

LTCM almsot took the system down and was bailed out. The cost then was thought to be astronomical.

The current write downs are many factors bigger

Just like the stock market, the whole system is rigged to protect the big money interests
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