“The market is down, the market is down,” shouted the reporter to the next; “soon, who knows, the sky, surely, the sky will fall;” the reporter concludes. Distributors of news batter their listeners with riles of negativity: Lehman Brothers is seeking relief and protection in bankruptcy; as a result thousands of Lehman employees are out of work, Bank of America purchased Merrill Lynch; HP has laid off thousands, the country is in the mist of a colossal financial catastrophe. Political office contenders blame lack of regulation or offer, if elected to clean up the Wall Street mess; all bemoan the interest of the average investor; the common middle class innocent, the holder of equity, bonds, or other tradable instruments.Read More »
The Whiner Society
Greed, Risk, and Ultimately – Recovery
Authored by: William Robert Barber