Comments on: The Extinction of Ethics in Finance – The Fallout http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/ By ScopeLabs - Where Reality is the Final Arbiter Thu, 28 Jan 2010 00:10:02 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Wil Martindale http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/comment-page-1/#comment-54 Wil Martindale Wed, 25 Nov 2009 18:55:26 +0000 http://realityarbiter.com/?p=322#comment-54 Good article. You should advise us peons with small 401Ks (since we represent a huge contingent). But in like fashion to your suggestion, I bulled out all of my losses since incept over the past year at 24.8% gains YTD, netting me a loss at incept of -0.9%, then opted out of contributions altogether this month, and dumped everything into the recently added Mrly Stbl Val VI+++ (most conservative thing they have) earning Bernanke's assanine savings rate. As dollar values decline, I'm still in a losing proposition, but you'll be glad to know that I'm one person who pulled the plug on contributions and won't be seing a 25% loss when the next crash comes. I'll need all the cash I can squeeze out of my paycheck to fund the coming baliout taxes at Fedral, State and County levels. Good article. You should advise us peons with small 401Ks (since we represent a huge contingent). But in like fashion to your suggestion, I bulled out all of my losses since incept over the past year at 24.8% gains YTD, netting me a loss at incept of -0.9%, then opted out of contributions altogether this month, and dumped everything into the recently added Mrly Stbl Val VI+++ (most conservative thing they have) earning Bernanke’s assanine savings rate. As dollar values decline, I’m still in a losing proposition, but you’ll be glad to know that I’m one person who pulled the plug on contributions and won’t be seing a 25% loss when the next crash comes.

I’ll need all the cash I can squeeze out of my paycheck to fund the coming baliout taxes at Fedral, State and County levels.

]]> By: The Extinction of Ethics in Finance – The Fallout http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/comment-page-1/#comment-35 The Extinction of Ethics in Finance – The Fallout Wed, 28 Oct 2009 18:51:28 +0000 http://realityarbiter.com/?p=322#comment-35 [...] This article was originally posted at RealityArbiter.com and is authored by Greg Simmons of Scope Labs. Greg has graciously allowed us to reprint his [...] [...] This article was originally posted at RealityArbiter.com and is authored by Greg Simmons of Scope Labs. Greg has graciously allowed us to reprint his [...]

]]> By: uberVU - social comments http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/comment-page-1/#comment-33 uberVU - social comments Sat, 24 Oct 2009 08:10:03 +0000 http://realityarbiter.com/?p=322#comment-33 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by AutomaticEarth: One, are you prepared for another market meltdown? And two, what is your new exit strategy when things do go wrong? http://bit.ly/4EnhFS... Social comments and analytics for this post…

This post was mentioned on Twitter by AutomaticEarth: One, are you prepared for another market meltdown? And two, what is your new exit strategy when things do go wrong? http://bit.ly/4EnhFS…

]]> By: Lee http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/comment-page-1/#comment-29 Lee Wed, 21 Oct 2009 05:54:37 +0000 http://realityarbiter.com/?p=322#comment-29 Looks like I tried to leave a comment but it failed. Sorry about that. Could not find it in my sent mail. Another day. Looks like I tried to leave a comment but it failed. Sorry about that. Could not find it in my sent mail. Another day.

]]> By: Sue Laws http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/comment-page-1/#comment-28 Sue Laws Mon, 19 Oct 2009 14:15:13 +0000 http://realityarbiter.com/?p=322#comment-28 Please add to the 'questions' area: If your financial advisor is so "good"...why is he/she working at all? He should be enjoying life and relaxing with a glass of champagne, at his mansion in the Mediterranean! Please add to the ‘questions’ area:

If your financial advisor is so “good”…why is he/she working at all? He should be enjoying life and relaxing with a glass of champagne, at his mansion in the Mediterranean!

]]> By: Edna R. Rider http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/comment-page-1/#comment-26 Edna R. Rider Sun, 18 Oct 2009 21:04:05 +0000 http://realityarbiter.com/?p=322#comment-26 Why would you think there's going to be another meltdown with the governments of the world clearly having demonstrated that they can keep markets propped up? Are you suggesting the thing we really have to worry about is the government fiscal situation melting down? I hardly see oil melting down again (OPEC and Goldman Sachs have such enormous power it is ridiculous). I hardly see bank stocks melting down: every piece of toxic debt they have is easily bought by Helicopter Ben. I am a bond girl and not in stocks, but I see no reason why you would warn people away from the only comparatively safe area of the financial markets. Why would you think there’s going to be another meltdown with the governments of the world clearly having demonstrated that they can keep markets propped up? Are you suggesting the thing we really have to worry about is the government fiscal situation melting down? I hardly see oil melting down again (OPEC and Goldman Sachs have such enormous power it is ridiculous). I hardly see bank stocks melting down: every piece of toxic debt they have is easily bought by Helicopter Ben. I am a bond girl and not in stocks, but I see no reason why you would warn people away from the only comparatively safe area of the financial markets.

]]> By: Largo Winch http://realityarbiter.com/2009/10/the-extinction-of-ethics-in-finance-the-fallout/comment-page-1/#comment-23 Largo Winch Fri, 16 Oct 2009 15:50:18 +0000 http://realityarbiter.com/?p=322#comment-23 Great article Sir. I also think it is time to fly well above the economic weather at this juncture and by that I mean 1/3 Gold and 2/3 Cash. The insiders can have their stocks. When this thing crashes again due to high Oil prices caused by the Central Banksters inflationary policies, we can then find a way to buy Crude Oil on the cheap... (crossing fingers here). Regarding the article, please allow me to add this: If you are finally capable of managing your own money, then please tell the ones you love to do the same and get them out of the Banksters grip! -LW Nitpick of the day: It is "Mont Blanc" and not "Monte Blanc" (you may remove this line before posting). Great article Sir.

I also think it is time to fly well above the economic weather at this juncture and by that I mean 1/3 Gold and 2/3 Cash. The insiders can have their stocks.

When this thing crashes again due to high Oil prices caused by the Central Banksters inflationary policies, we can then find a way to buy Crude Oil on the cheap… (crossing fingers here).

Regarding the article, please allow me to add this:
If you are finally capable of managing your own money, then please tell the ones you love to do the same and get them out of the Banksters grip!

-LW

Nitpick of the day: It is “Mont Blanc” and not “Monte Blanc” (you may remove this line before posting).

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