Forgot Password?
You are:
Not a member? Register for free!

Message Board > Cruiser Lounge > Cruising to Talk   Where did the trillions go?

Reply to Thread
 
LinkBack Thread Tools Display Modes
  #1  
Old 1st January 2009, 11:45 AM
Keith's Avatar
Former Cruisemaster
(Deceased 2012)
 
Join Date: Jan 1999
Posts: 899
Question Where did the trillions go?

"All told, about $7 trillion of shareholders’ wealth — the gains of the last six years — was wiped out in a year of violent market swings."

That quote from the New York Times raises an interesting question: where did those trillions go? And if, in truth, it never really existed, isn't that a Ponzi scheme?

http://www.nytimes.com/2009/01/01/bu..._r=1&th&emc=th
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Share on Facebook Share on MySpace
Quote |
Reply to Thread

Thread Tools
Display Modes

Forum Jump


All times are GMT -6. The time now is 08:54 AM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.2.0