Hedge funds hoard $600 billion in cash

re: Hedge funds hoard $600 billion in cash

Dorothy Burwell — Thu, 23 Oct 2008 13:51:13 GMT

The markets will NOT die. For god's sake...banks can't survive and make money if they dont't LEND money. It's their ONLY source of income over the long run. Business will survive because TO survive they will find ways to get the goods and services to their consumers. Business will have to just get more creative. Let the strong survive and the weak fall, and get government out of the business world. They can't get governing right how the hell they gonna get business management right.

re: Hedge funds hoard $600 billion in cash

len — Sat, 27 Sep 2008 13:41:47 GMT

larry,

i believe you've got it right. when some people walk away with tens of millions (or hundreds of millions) in some cases, when everyone else is losing their a__ then something with this capitalist model isn't working. REGULATION is required or the thieves will keep stealing... and yes, let's raise the tax bracket to 50% or more for salaries like that.

re: Hedge funds hoard $600 billion in cash

Larry L — Sat, 27 Sep 2008 00:35:11 GMT

We can get the money back by taxing the ridiculously high Wall Street incomes and the "death tax". These people have taken money from our economy and squandered it on unproductive ventures as well as their own aggrandizement. Time to fight back.

re: Hedge funds hoard $600 billion in cash

len — Fri, 26 Sep 2008 20:23:35 GMT

ali,

you've not only over simplified the problem, you don't understand it either. it is not only about some companies failing; it is about the economy coming to a halt. jobs lost, houses lost, retirements lost, bullets being more valuable than stocks... etc. go rent MAD MAX and get some ideas. :)

re: Hedge funds hoard $600 billion in cash

Ali Rasheed — Fri, 26 Sep 2008 14:04:11 GMT

The hell with a bailout for the speculation and high risk taking financial market. If AIG is too big to fail then surely the US is too BIG to fail. The world is depending on us as the engine that drives everything. Let the Hedge funds and other governments put up the cash to free up credit. Didnt we bail out Mexico and other nations before? I say let the markets fall, let the banks and business who cant make it close!