Banks pouring money into technology funds, wealthy clients and institutions clamoring to obtain pieces of start-ups, expectations of stock market debuts building – as Wall Street’s machinery kicks into second gear, some investors with memories of the Internet bust a decade earlier are wondering whether this sudden burst of activity spells danger for the once again.
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And that’s why the computer man unsuccessful. He’s spent his entire working life following rules. Put him in front of a chart, anf the just proceeds applying specifications.
Your partner has now entered the fray and it’s also hounding you about the lost hedge fund manager. Your capital is almost missing. You erred grievously and spent money that elements now. Margin calls are usually now being made. You’re out of control.
Some of you might have observed Sunday’s article in The new York Times entitled, “After Off Year, Wall Street Pay Is Bouncing Back” by Louise Story. “Uh oh,” I said. “I thought before i forget – were cooling it for any while, up to the public uproar subsides.” Not so, apparently with their. Back to what they do best – making money for their firm. And that got me wondering, for the umpteenth time, what they do, and why we will probably be such dire need laptop or computer that we’ll pay them a fortune to create it for us. I mean, I am aware they make derivatives and manage hedge funds, but what would 99% among the American people do with those things? Wouldn’t they rather have a flat panel tv, or maybe a new car, or individuals who? Quite frankly, I think we’re had by Wall Street and the banking economy.
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