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2007/8/3-22 [Finance/Investment] UID:47525 Activity:nil |
8/3 http://biz.yahoo.com/rb/070803/bearstearns_markets.html?.v=1 "Bond market turmoil sending investors fleeing from risk may be a worse predicament than the 1980s stock market fall and Internet bubble burst, Bear Stearns Chief Financial Officer Sam Molinaro said on Friday." ... well that's not a good headline \_ It's a cyclical market! Lalalalala! \_ Housing prices are going to crater in 2005! Lalalalala! \_ Markets are cyclical. This is news to you? Maybe Sam is entirely right. Things drop. You believe they'll stay that way forever? Do you *want* them to stay that way? I don't see the reason for your snarkiness and sarcasm on such a sky-is-blue issue. |
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biz.yahoo.com/rb/070803/bearstearns_markets.html?.v=1 Reuters Bond turmoil worse than Internet bubble: Bear CFO Friday August 3, 2:50 pm ET NEW YORK (Reuters) - Bond market turmoil sending investors fleeing from risk may be a worse predicament than the 1980s stock market fall and Internet bubble burst, Bear Stearns Chief Financial Officer Sam Molinaro said on Friday. "These times are pretty significant in the fixed income market," Molinaro said on a conference call with analysts. The fixed income market environment we've seen in the last eight weeks has been pretty extreme." "So, yes, we would make that comparison" to market events that also include the debt crisis of the late 1990s, he said. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. |