Financial Crisis

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Who insures the government’s billions, trillions and quadzillion jillions bailouts and economic stimulus plans? Answer: (Look in the mirror)

“I would err on the side of making it larger than making it smaller,” Zandi said in an interview. “The size of the plan depends on the forecast — the economic outlook — and that is darkening by the day.”

“Even a trillion is not inconceivable,” he said.

What is government thinking? Private industry is taking huge licks and this whole escapade has to come to a stop. This is obscene!

Is the Hartford going bankrupt? 2008 Bankrupt listings and speculation list for major stock losses for insurance companies

Ha! Are we really supposed to believe that? If I’m an American investor and I own stock in Hartford, there’s only one thing I’m doing with that stock right now - SELL SELL SELL! Insurance companies, like AIG, are going under and going broke.

Morgan Stanley or Goldman Sachs - who goes bankrupt first?

Now - I don’t know where you put your money, but if I were in your shoes - and I had money in either Goldman Sachs or Morgan Stanley (be it stocks or whatever) - I WOULD GET IT OUT RIGHT NOW!