tag:blogger.com,1999:blog-20267501.post857538096981636581..comments2023-10-26T04:53:47.765-04:00Comments on Mutterings of a Mad Bookseller: What's that giant sucking sound...?Forrest Properhttp://www.blogger.com/profile/15962708844204376272noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-20267501.post-34699570166966357452008-09-17T18:46:00.000-04:002008-09-17T18:46:00.000-04:00MI: I had no stocks then either. Have next to none...MI: I had no stocks then either. Have next to none now. Gotta visit your blog- am trying to make money now, but times are hard...<BR/><BR/>Knight: Oh, you child, you. sorry- I still find it hard to believe you and my cousin are old enough to have kids. Fuck- I'm not old enough to have kids. But welcome to MMB. Please keep checking in!<BR/><BR/>MI: At the time, my excitement for high school, juniors (me being 25) oh, never mind..<BR/><BR/>Phoebe Fay: It's all ugly. Gold coins are apparently where John MCcain kept his money...<BR/><BR/>HungryMo: Good to hear from you -my apologies for not visiting.If GW Bush's economy was in better shape, I'd be everywhwere...<BR/><BR/>Blogger Doug P. Baker: Great story! welcome to MMB! And please, keep coming back.<BR/><BR/>Beach: I was 25, and called my mom and dad to make sure they were ok. <BR/><BR/>Malach: Bet on "TILT!!!!"<BR/><BR/>PoP: You are another blogger I have not been visiting as i try to buy oil for the winter- but thanks for stopping by, and I'll be back!Forrest Properhttps://www.blogger.com/profile/15962708844204376272noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-45543799184344004252008-09-17T09:49:00.000-04:002008-09-17T09:49:00.000-04:00I remember that day too. We had very little in th...I remember that day too. We had very little in the market at the time so it didn't scare us the way this present thing does. Now the govt has given a loan to AIG so we'll see who shows up with the empty tin cup next.pissed off patriciahttps://www.blogger.com/profile/08854364015577541981noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-1968153518247720162008-09-16T23:08:00.000-04:002008-09-16T23:08:00.000-04:00The market is like playing the slots nowadaysThe market is like playing the slots nowadaysMalach the Mercilesshttps://www.blogger.com/profile/16243258141258465269noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-55645504666967092882008-09-16T22:26:00.000-04:002008-09-16T22:26:00.000-04:00What I'm puzzled by is the sheer stupidity that le...What I'm puzzled by is the sheer stupidity that lead highly educated men and women in the financial industry to act like third-graders with money stolen from dad's wallet. AIG carries the contract to manage the 401k accounts at my work. Today a massive email was sent out at work assuring everyone that AIG's problems were not connected to the 401k's. Needless to say many voiced doubt over this assurance and began transferring their money, sort of a minor localized bank run. I wonder how much more of this banking trouble might it take to start a old fashioned nationwide run on the banks?<BR/><BR/>Oh, yeah in 1987 during that stock crash I was in West Germany on that REFORGER. Got so worried that I found a pay phone, called collect home to Georgetown to check on my grandfather who I was worried about for various reasons much too long to describe, who promptly cussed me out for calling him collect from "F**king Germany." Once I got back to the states he apologized since he said the call only cost ten bucks, which I paid him back.Trinityhttps://www.blogger.com/profile/11104833044214880287noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-92124467345871354912008-09-16T17:36:00.000-04:002008-09-16T17:36:00.000-04:00I too remember exactly where I was when I learned ...I too remember exactly where I was when I learned about the enormous drop in '87. I wasn't quite homeless, because I was alowed to sleep in the back room of a used clothing store. But I had nothing else. I was outside of the store in the late evening admiring the fish swimming across the computer screens (stone-age screen savers) in the window of a tech store, and a friend came by. He told me about the stock market, which was as foreign to me as soap is to a deadhead. Once I understood that rich people were becoming suicidal, we both had a good laugh.<BR/><BR/>But it recovered, as all the rich people should have known it would. So, now that I have a little money in the market, via my retirement account, I don't worry about little ups and downs. Over the long haul it is a better place to have your savings than any bank! I'm still a bit poor, but I'm not a bit worried.Doug P. Bakerhttps://www.blogger.com/profile/10259297751420532238noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-80386899423421058462008-09-16T14:46:00.000-04:002008-09-16T14:46:00.000-04:00During that 1987 thing, I was getting ready to tak...During that 1987 thing, I was getting ready to take a 8 month sabbatical to Cape May. I had no stock and the company where I was consulting didn't have any problem, so I wasn't directly affected.Hungry Motherhttps://www.blogger.com/profile/13465905817770134952noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-16822526844730804042008-09-16T12:35:00.000-04:002008-09-16T12:35:00.000-04:00I don't even pretend to understand all the implica...I don't even pretend to understand all the implications of this, but I know it's going to be ugly. Very, very ugly.Phoebe Fayhttps://www.blogger.com/profile/10425002459681921692noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-24967741046371693102008-09-16T11:15:00.000-04:002008-09-16T11:15:00.000-04:00I was a junior in high school and our POD teacher ...I was a junior in high school and our POD teacher was prolly the only guy I saw that was EXCITED over this misfortune for millions.<BR/>He thought we would learn from this very important moment in "History" and so we all had to start roll playing as if we were on wall street trading stocks. <BR/><BR/>He obviously didn't loose any money or I think his excitement would have been slightly dampened.Malicious Intenthttps://www.blogger.com/profile/05477868628325387881noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-3809538313024351852008-09-16T10:43:00.000-04:002008-09-16T10:43:00.000-04:00October 19, 1987 I was four. I have no input on th...October 19, 1987 I was four. I have no input on that moment in time. All I know is that learning what AIG stands for has made a significant impact on my life.Knighthttps://www.blogger.com/profile/14108347590219803283noreply@blogger.comtag:blogger.com,1999:blog-20267501.post-72638082285162435972008-09-16T08:21:00.000-04:002008-09-16T08:21:00.000-04:00See, this is why it is so nice not to have any mon...See, this is why it is so nice not to have any money, I cannot loose any. We are just slowly digging in our basement for our new bomb shelter and are gradually stocking up supplies. It's the new rage these days.Malicious Intenthttps://www.blogger.com/profile/05477868628325387881noreply@blogger.com