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Re: mastaflash post# 159342

Monday, 09/29/2008 3:44:59 PM

Monday, September 29, 2008 3:44:59 PM

Post# of 169277
It's going to get worse. But not because of the markets or the SEC. It's going to get worse because banks are going under. No money to lend thus no investments for growth in the way of small business loans, property, and harder to get money for consumer items from clothes to automobiles. Also less capital going into the market. Here's my take:

http://samaelrocks.wordpress.com/

The only thing about capitalism that bugs me are the unusually large salaries paid to those officers that bankrupt companies. Hell, look at Delta. There's a lot of them. We can also blame that on board members and majority holders of public companies. Of course, those board members and majority share holders are generally the officers that create the huge salaries anyway.

Maybe the Fed should offer bailouts to those companies prepared to cut CEO salaries by 90% plus regardless of what the board thinks. Or, let them keep their salaries as long as 90% goes to bailing out the lowest income level borrowers of their institutions from foreclosure. LOL!

It all surrounds lending risky terms money without proper backing.
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