| 作者 |
[分享]Do we still have free market in US? Guess not! |
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| 所跟贴 |
Rate Cut won't save those greedy -- theoretical - (408 Byte) 2007-12-01 周六, 04:00 (449 reads) |
ceo/cfo [博客] [个人文集]

头衔: 海归中将 声望: 院士 性别:  加入时间: 2004/11/05 文章: 12941
海归分: 491638
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作者:ceo/cfo 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
both at home and abroad?? They paid the top dollars for those cdos and expected a stream of cashflow payment coming in after two year teaser rate is over; now they will be stuck for another 7 years with income only 2%? Where is the credibility in this financial market? I am not one of such victim investors, but the whole thing will have a huge negative impact for many years to come. In financial world, if you don't have credibility, you have nothing left, period.
This is all what the modern capitalism is about!!!
It makes me double sick when I have my hair cut at home while seeing a social welfare taker was having her nails done by the professionals for $60 a pop. 
作者:ceo/cfo 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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