European Tribune - Comments - Lehman: more socialising the losses of the rich

Lehman: more socialising the losses of the rich | 200 comments (200 topical, 0 editorial, 0 hidden)

Re: Energy is down as much as finance (none / 0)

Wondering why Europe's taking the bigger hit than the US.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Mon Sep 15th, 2008 at 11:09:16 AM EST
[ Parent ]

Re: Energy is down as much as finance (none / 0)

It takes it earlier.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Mon Sep 15th, 2008 at 11:15:42 AM EST
[ Parent ]

Re: Energy is down as much as finance (none / 0)

True.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Mon Sep 15th, 2008 at 11:22:20 AM EST
[ Parent ]

One reason, I think (none / 1)

is that US investors sell foreign stocks when they need to raise cash at home to cover losses - and they are still a big part of the ownership of European stocks.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Mon Sep 15th, 2008 at 04:25:04 PM EST
[ Parent ]

Re: One reason, I think (none / 1)

Wound up not being true anyway. The Yurpian indexes dropped ~2.5-3.5%, I believe. Yank ones dropped ~3.5-4.7%.

Fun, fun, fun!

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Mon Sep 15th, 2008 at 04:41:37 PM EST
[ Parent ]

Lehman: more socialising the losses of the rich | 200 comments (200 topical, 0 editorial, 0 hidden)

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