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Profiting From The Meltdown

Business (tags: meltdown, profiteering, bank_consortium, investments )

Pretty
- 428 days ago - forbes.com

A consortium of the nation's leading investment banks have quietly created an index that is not only protecting them against the recent market meltdown but also promising to make them bundles of money in the process.

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Comments

Marian E. (166)

Wednesday August 8, 2007, 10:03 am
Innovative! This is the kind of thinking that got them where they are.

Past Member (0)

Wednesday August 8, 2007, 11:18 am
So what else is new? The rich profit, the poor just remain poor.

Dave Kane (152)

Wednesday August 8, 2007, 8:21 pm
I like those three little piggy banks - very cute : )

Jennifer S. (83)

Friday August 10, 2007, 7:53 am
thats right, the corrupt banks etc make the poorer, poorer, and the rich, richer. I wonder how istheir conscience. Sorry they can't have one.

One Love (130)

Friday August 10, 2007, 12:24 pm
Fortunately the SEC and Andrew Cuomo were alerted back in April that this would happen. He will be all over it. Trust me ;)

Carol W. (119)

Friday August 10, 2007, 4:02 pm

3 little pigs. Ilove them too, very good picture. At least banks prove more clever than even King George with their panl 'B;. Likethey neverthought they could seriously loose?

serge vrabec (172)

Saturday August 11, 2007, 4:05 pm
oink, oink!!

Phyllis P. (355)

Saturday August 11, 2007, 5:02 pm
I get so sick of hearing about corruption....the only relief is in knowing that what goes around comes around...