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Non-Disney Entertainment
Topic: Mad Money

#AuthorMessage
11
WilliamK99
Thu 5/22/2008 1:29a
I do remember days before the Bear Stein crash he told viewers that you would be an absolute idiot to sell Bear Stein stock...

LOL, who is the idiot now?
12
X-san
Thu 5/22/2008 2:35a
That was the biggest lie I've seen.

When it crashed, he claimed that he wasn't talking about the STOCK at all, but rather he was reassuring people that their money would be safe in Bear Sterns BANK.

Yeah, right.
13
X-san
Thu 5/22/2008 2:36a
Interesting to look back and hear his exact wording...he said it in such a way that he could "technically" claim what he did.

I wonder how planned that was (in the way he words ALL his recommendations, I mean). If so, he made use of his one and only "get out of jail free" card with that one.
14
X-san
Thu 5/22/2008 2:40a
From the horses mouth...

http://www.youtube.com/watch?v...PXNSrSiI
15
WilliamK99
Thu 5/22/2008 2:40a
http://www.youtube.com/watch?v...bdjetlY8


I don't know.... It seems to me he is talking about the stock.
16
X-san
Thu 5/22/2008 3:00a
Yup, of course he was.

His show is a stock picking show, is it not?

It's not a "which bank will my money be safe in?" show. :p
All times are Pacific Time (US)

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