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Please play nicely.  No one wants to listen/read a keyboard warriors rants....

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Author Topic: BAILOUT REJECTED!  (Read 1587 times)

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Lizzie_Zoom

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Re: BAILOUT REJECTED!
« Reply #15 on: 29 September 2008, 20:34:53 »

Good News ;D ;D ;D  [size=16]Slight recovery to -682.70[/size]

Still -6%
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Bandit127

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Re: BAILOUT REJECTED!
« Reply #16 on: 29 September 2008, 20:38:19 »

For some perspective, the biggest one day hit during the Wall Street crash was 22.6%.

Wall Street Crash of 1929 Wiki-Clicky

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Banjax

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Re: BAILOUT REJECTED!
« Reply #17 on: 29 September 2008, 20:48:48 »

jeezuz - it'll be raining brokers on wall st - hate to clean that mess up :-/
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50 bucks!?! For 50 bucks I'd put my face in their soup and blow!!

Banjax

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Re: BAILOUT REJECTED!
« Reply #18 on: 29 September 2008, 20:50:45 »

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Good News ;D ;D ;D  [size=16]Slight recovery to -682.70[/size]

Still -6%

wait til euro markets open in the morning lizzie - plus asian markets open in a few hours - if they panic we are truly Bombay-Ducked  :o :o
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50 bucks!?! For 50 bucks I'd put my face in their soup and blow!!

Bandit127

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Re: BAILOUT REJECTED!
« Reply #19 on: 29 September 2008, 21:26:54 »

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Dow is now[size=16] -662 [/size] :o

yup and it was 541.50 down less than 18 minutes ago, so it is certainly slipping fast Bandit! :y :y

6.2% down now!  A record apparently according to the BBC!!
Well it looks like the final trades have gone through. -777.70. Or 6.98%

Apparently a one day points record, but the guy on the Beeb said there have been 20%+ drops before now.

Hopefully Asia won't panic. Or, as bannjax said, we will be Bombay-Ducked

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Golfbuddy

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Re: BAILOUT REJECTED!
« Reply #20 on: 29 September 2008, 21:43:07 »

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Here comes the pain.

Effing t0ssp0t republicans.  >:(

There were 90 odd democrats voted against it, nearly half their presence in the house.
Yeah, starting to look like Pelosi was a big part of the problem.  >:(


and 2/3 of republicans refused to back it  :o




Correct me if I'm wrong but don't the Democrats have a majority in the House of Representatives??

This wouldn't be an anti Bush political game by any chance would it?? Maybe a last effort to discredit the lame duck president who promised that they would strike a deal??
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