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Trading Now

Wednesday, July 29, 2009

How Sirius took a dump: The Stock Market Game

Someone sent this to me through the comments section
go here for the website

*in the 80's it was Boesky and Milken and Drexel Lambert stealing insider information and then buying up the junk bonds and crashing the companies stock so they could profit
In the 30's it was GS and JPM talking up the stock market only to see it crash. I was doing some research for my book recently on the History of Finance and it was eerie how the 2000's mimic the 30's in every way. Credit recession's take a long time if ever to recover.
In the 90's it was Henry Blodgett telling you to buy stocks that his company was selling
So don't be surprised

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