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Re: FinancialAdvisor post# 4915

Friday, 05/08/2009 9:13:30 AM

Friday, May 08, 2009 9:13:30 AM

Post# of 22510
Yes FinancialAdvisor is right as far as today's environment, but when I started investing in early 80's it was common knowledge then any stock falling below $2.00/share was considered "penny stock" and worthless risk to invest or hold then.. But so many forget history or even the week before it seems today..

As far as Ken Lewis, that Business Editor writing his book who appears on cnbc (Joe?) is correct as Charlotte, NC and BAC and the banking community here is a mafia organization.. In fact, living in NC as I do, I can attest there still exists a massive underground "anti-yankee" mentality STILL after all these years and good-old-boy redneck system which Ken Lewis and the banking organizations are part of; and everytime I see his mug on the news it disgusts me how a banker can lie straight faced to millions all the while know they did wrong and affected millions of people all in the name of making mroe and mroe money and do not care to what extent they have to go to in achieving that goal!!!

National unemployment numbers today ar 9% now! Unemployment in NC is far higher! Unemployment in my area is over 18%. Today the Charlotte area school system is cutting 1200 teacher jobs too not ebing reported on mainstream emdia! Where is Obama's stimulus to kepe teachers from ebing cut? It aint happening because there is a greater con game going on between those in power in government and in power in banking at expense of the majority working class people today..
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