small observation

[Brazen]

If I mess up my finances and go to the wall I'm toast. No one cuts me a break - least of all the bank. But banks scr*w up big time, and they get rescued by central bankers.

[divz]

Brazen, youre call on the dow ending green could be good only down 30 pts now.The whole banks bail out thing gives a little false sense of security though, are they not just cushioning the blow or delaying the fallout??

[SimonPB]

well Brazen because if you go to the wall only Gravy and a few here notice and nobody (apart from gravy) gets hurt. A big bank goes to the wall, everybody notices and feels the pain.

[john_1]

Thing is now the hedge funds and banks know that if they are reckless there is every chance of a bail out. So little chance they will mend their ways.

[Brazen]

True that Simon - I'm not saying it's not necessary, but it sure isn't fair. And when they were making money hand over fist they were topping up their houses in the Hamptons and getting trophy wives. Also john, remember you've got to have a net worth of over $5 million to even enter a fund, so these guys aren't eating baked beans now. The rich - God bless em.

[john_1]

Whats wrong with trophy wives

[Brazen]

Why don't you ask a very pregnant mrs john that? Go on, I dare you.

[#8]

Trophy + wife = Oxymoron