Home › Forums › Financial Markets/Economics › The Big Takeover
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March 23, 2009 at 12:39 PM #372377March 23, 2009 at 12:40 PM #371767EnorahParticipant
I think this thread hijack is the perfect example of why “the big takeover” was able to happen.
We are an easily distracted bunch, aren’t we?
LOL
Ohhhh look at all of the sparkly stuff over there
wait
what were we talking about?
March 23, 2009 at 12:40 PM #372054EnorahParticipantI think this thread hijack is the perfect example of why “the big takeover” was able to happen.
We are an easily distracted bunch, aren’t we?
LOL
Ohhhh look at all of the sparkly stuff over there
wait
what were we talking about?
March 23, 2009 at 12:40 PM #372225EnorahParticipantI think this thread hijack is the perfect example of why “the big takeover” was able to happen.
We are an easily distracted bunch, aren’t we?
LOL
Ohhhh look at all of the sparkly stuff over there
wait
what were we talking about?
March 23, 2009 at 12:40 PM #372268EnorahParticipantI think this thread hijack is the perfect example of why “the big takeover” was able to happen.
We are an easily distracted bunch, aren’t we?
LOL
Ohhhh look at all of the sparkly stuff over there
wait
what were we talking about?
March 23, 2009 at 12:40 PM #372382EnorahParticipantI think this thread hijack is the perfect example of why “the big takeover” was able to happen.
We are an easily distracted bunch, aren’t we?
LOL
Ohhhh look at all of the sparkly stuff over there
wait
what were we talking about?
March 23, 2009 at 12:47 PM #371782daveljParticipant[quote=CA renter] But to think that Bear Stearns or Lehman Bros would still be here if not for the short-sellers is questionable, IMHO. They were in trouble even without the short selling, though the SS might have sped things up a bit.
[/quote]Bottom line: If the viability of your business is reliant upon its stock price, then you don’t have a viable business. Thus, if the viability of your business is reliant on the actions of short sellers, then you don’t have a viable business.
I’m against naked short-selling as well. But, please. Short selling ain’t the problem. Crappy assets and 35-1 leverage are.
Patrick Byrne is a charlatan and blowhard of immense proportions.
March 23, 2009 at 12:47 PM #372069daveljParticipant[quote=CA renter] But to think that Bear Stearns or Lehman Bros would still be here if not for the short-sellers is questionable, IMHO. They were in trouble even without the short selling, though the SS might have sped things up a bit.
[/quote]Bottom line: If the viability of your business is reliant upon its stock price, then you don’t have a viable business. Thus, if the viability of your business is reliant on the actions of short sellers, then you don’t have a viable business.
I’m against naked short-selling as well. But, please. Short selling ain’t the problem. Crappy assets and 35-1 leverage are.
Patrick Byrne is a charlatan and blowhard of immense proportions.
March 23, 2009 at 12:47 PM #372239daveljParticipant[quote=CA renter] But to think that Bear Stearns or Lehman Bros would still be here if not for the short-sellers is questionable, IMHO. They were in trouble even without the short selling, though the SS might have sped things up a bit.
[/quote]Bottom line: If the viability of your business is reliant upon its stock price, then you don’t have a viable business. Thus, if the viability of your business is reliant on the actions of short sellers, then you don’t have a viable business.
I’m against naked short-selling as well. But, please. Short selling ain’t the problem. Crappy assets and 35-1 leverage are.
Patrick Byrne is a charlatan and blowhard of immense proportions.
March 23, 2009 at 12:47 PM #372283daveljParticipant[quote=CA renter] But to think that Bear Stearns or Lehman Bros would still be here if not for the short-sellers is questionable, IMHO. They were in trouble even without the short selling, though the SS might have sped things up a bit.
[/quote]Bottom line: If the viability of your business is reliant upon its stock price, then you don’t have a viable business. Thus, if the viability of your business is reliant on the actions of short sellers, then you don’t have a viable business.
I’m against naked short-selling as well. But, please. Short selling ain’t the problem. Crappy assets and 35-1 leverage are.
Patrick Byrne is a charlatan and blowhard of immense proportions.
March 23, 2009 at 12:47 PM #372397daveljParticipant[quote=CA renter] But to think that Bear Stearns or Lehman Bros would still be here if not for the short-sellers is questionable, IMHO. They were in trouble even without the short selling, though the SS might have sped things up a bit.
[/quote]Bottom line: If the viability of your business is reliant upon its stock price, then you don’t have a viable business. Thus, if the viability of your business is reliant on the actions of short sellers, then you don’t have a viable business.
I’m against naked short-selling as well. But, please. Short selling ain’t the problem. Crappy assets and 35-1 leverage are.
Patrick Byrne is a charlatan and blowhard of immense proportions.
March 23, 2009 at 1:01 PM #371797Allan from FallbrookParticipantDave: Since we’ve hijacked this thread to music, what are your thoughts about David Byrne (Talking Heads)?
BTW, I agree completely about Patrick Byrne. He’s not only a charlatan, but he’s also an agent provocateur and has engaged similar discredited characters (such as Judd Bagley) to spread his lies and propaganda (and that’s exactly what he’s doing, propagandizing people).
Have you read Farhad Manjoo’s work on “the post fact society”? Very interesting stuff.
March 23, 2009 at 1:01 PM #372084Allan from FallbrookParticipantDave: Since we’ve hijacked this thread to music, what are your thoughts about David Byrne (Talking Heads)?
BTW, I agree completely about Patrick Byrne. He’s not only a charlatan, but he’s also an agent provocateur and has engaged similar discredited characters (such as Judd Bagley) to spread his lies and propaganda (and that’s exactly what he’s doing, propagandizing people).
Have you read Farhad Manjoo’s work on “the post fact society”? Very interesting stuff.
March 23, 2009 at 1:01 PM #372254Allan from FallbrookParticipantDave: Since we’ve hijacked this thread to music, what are your thoughts about David Byrne (Talking Heads)?
BTW, I agree completely about Patrick Byrne. He’s not only a charlatan, but he’s also an agent provocateur and has engaged similar discredited characters (such as Judd Bagley) to spread his lies and propaganda (and that’s exactly what he’s doing, propagandizing people).
Have you read Farhad Manjoo’s work on “the post fact society”? Very interesting stuff.
March 23, 2009 at 1:01 PM #372298Allan from FallbrookParticipantDave: Since we’ve hijacked this thread to music, what are your thoughts about David Byrne (Talking Heads)?
BTW, I agree completely about Patrick Byrne. He’s not only a charlatan, but he’s also an agent provocateur and has engaged similar discredited characters (such as Judd Bagley) to spread his lies and propaganda (and that’s exactly what he’s doing, propagandizing people).
Have you read Farhad Manjoo’s work on “the post fact society”? Very interesting stuff.
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