You are right about that KM> Unbelievable.
Fabulous post. I was hoping someone would address the fall of the stockmarket. And yes, it's happening everywhere. There isn't one of us it won't affect. Plain ol' greed is wot done it!
This wasnt good and now its gonna be f*!
That's me in the corner, looking for a hanky..
I hope so too. Life is hard enough for most Filipinos. ='(
Scary times right now for sure.
The people who created this disaster were paid millions of dollars, supposedly because they were the experts.They will keep the millions and Joe Average will pay. Something is very wrong but I have grave doubts that the system will change in the long run.Good post Ken.
Powerful stuff here. I just want to know, how far back do we go to find the root of this mess? All the way to the 80s?
Thank you for your comment. Yes it's me in the banner shot. Captured by Mr. Uskarp at www.uskarp.no
This sums it up very well! Great collection of pictures :)
If the presidential candidates are smart they would make this disaster their cause. People need hope now more than ever. Hope goes a long way.
It's hard to feel sorry for those investment bankers and traders at Lehman Bros., who probably make an average of $2 mil/year, when there are families in Queens who are struggling to afford milk and bread every day.Ditto the Bear Sterns and Merril Lynch guys.
I'm with you Ming. They made their bed, time for a long nap. The only problem is, their nap ruins our day...
It's the same in the UK and it's going to get worse. Great cartoons, a hobby of mine. My partner is the Political Cartoonist for the BBC Politics Show, and you want to see what they won't show.
Sorry to point the obvious but not everybody working at LB falls into the wealthy investment bankers category. My heart broke on Monday when I answered an email received from LB (one of my customers) on Friday night - it was addressed to about 7 persons and I got 7 "undeliverable email" back.
Eliane is correct. Not everyone at LB are stockbrokers and traders. And I bet their retirements and stock options evaporated overnight.
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