More Of The Same

Filed under: Business Blitz

Wall Street continued down its devastatingly downward spiral on Friday.

Have a great weekend, y'all!

Posted: Oct 10, 2008 at 3:35 pm / Email this »

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21 comments to “More Of The Same”

vengance says – reply to this

1

its up 310.70 and rising at 336 PM EDT
vengance says – reply to this

2

but who knows how these things work eh MARIO…FINANCIAL GENIUS…
stick to gossip
Leona$ Gho$t says – reply to this

3

THANX BUSH!
RashManly says – reply to this

4

ACORN pressured
banks to make loans to people
without enough income to
pay their home payments.
ACORN threatened to sue
banks that did not make the
unsafe loans.
That is a large part
of the Wall Street collapse.
.
Who in this Presidential
race used to work for ACORN?
It was not John McCain!
Del_Rob says – reply to this

5

dumb ass…it's -59 points as i type this. the market doesn't close for another 17 minutes.
mama of 2 says – reply to this

6

Re: vengance – lol
thanks for the real update.
Furby Fuckina Fuckwad says – reply to this

7

Samo Samo
same shit, different day…
sweetpiece says – reply to this

8

BE HEALTHY AND TRY TO SMILE… ALOT!
:)
LettyB says – reply to this

9

YOU HAVE A GOOD WEEKEND YOU FUCKTARD! IT'S THANKSGIVING IN CANADA THIS WEEKEND!
darlena says – reply to this

10

Vote OBAMA 08.
Melissa is always right says – reply to this

11

Just keep your cash under your mattress. And your smith & wesson nearby.
vagvagwhatvag says – reply to this

12

i hate your stupid "happy friday" and "happy monday" comments… they're so annoying. i can just imagine the sarcastic/annoying/feminine tone they're said in and it curtyls my blood
mama of 2 says – reply to this

13

fresh.
mama of 2 says – reply to this

14

Re: LettyB – you out?
vengance says – reply to this

15

Re: Del_Rob – ok dumbass look at the time stapm on my post it was up 310.70 dropped to -242. Now BELLED -43.81 WITH FINAL TALLIES STILL TO COME. STILL ITS FAR FAR BETTER THAN THE -600 IT WAS AT 2PM. MIND YOU THE DOW LOST 20% IN A WEEK BUT IT SEEMS LIKE THE BOTTOM HAS BEEN HIT
Big Black Dick says – reply to this

16

And then rebounded to positive numbers, but spread more fear Perez , it's what the media does.
vengance says – reply to this

17

ALSO REMEMBER ITS A 3 DAY WEEKEND BANK HOLIDAY MONDAY. SO THERE IS TIME FOR THINGS TO COOL OFF. OCTOBER HAS NEVER BEEN A GOOD MONTH FOR THE STOCK MARKET. BOTH THE DEPRESSION AND 87 CRASH WERE IN LATE OCTOBER. BLACK MONDAY 10-19-1987. BLACK THURSDAY 10-24-1929.
vengance says – reply to this

18

NOW FOR THE FUN FUN FUN POLITICS OF THIS SITUATION…IF NOT FOR DEMOCRATS AND THEIR "EVERYONE DESERVES A HOUSE AND MORTGAGE" RHETORIC THIS PROLLY WOULD HAVE NEVER HAPPENED. WHEN SOMEONE WHO ONLY MAKES 35K A YEAR TAKES A NOTE ON A 300K HOME…WHAT ARE THE ODDS OF THEM BEING ABLE TO PAY IT OFF?? WHAT HAPPENS TO THE NOTE ON THE HOUSE THAT BANKS SELL BETWEEN EACHOTHER? IT BECOMES WORTHLESS CAUSE THE GUY WHO ISN'T PAYING ON HIS MORTGAGE MAKES THE WHOLE CHAIN OF PAPER TAINTED. SO…THEN THE CREDIT LINES DRY UP THEN BANKS FAIL…THEN THE MARKET LOSES 20% OF ITS VALUE….JUST LIKE THIS WEEK.

NOW THE FINAL NUMBER FOR THE DOW TODAY IS -128.00 WHICH IS A DAMN SIGHT BETTER THAN THE -600. IT WAS AT 2PM
luuluu says – reply to this

19

Re: vengance – Democrats didn't force people to buy homes they cannot afford. It was a choice made by INDIVIDUAL MORONS.
Leona$ Gho$t says – reply to this

20

I'M BUYING A SHITLOAD OF STOCK IN EXPLOSIVE DIARRHEA MEDICATION!
SquirrelLives says – reply to this

21

It would appear that the past 7 days have gone a long way toward flushing out the faint of heart. I wouldn't be surprised if things don't start to turn around soon. When the dollars from the bailout begin to flow, we should see the market start to turn the corner. I even heard Kelsey Grammer say he's looking at the market as a buying opportunity (not that he's an expert but he went on to say he got out of the market in July - foresight?). Hopefully the fear will pass and clearer heads will emerge.