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Author Topic: Ackman vs Icahn
R1 Man
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http://www.msnbc.msn.com/id/50592921/ns/business-stocks_and_economy/t/rumble-wal l-street-jungle-ackman-icahn-duke-it-out-tv/#.UQYpVGcb1LM

Both talked on MSNBC the other day. They said they would SHORT stocks with their hedge funds then DOWNGRADE the stock. Then they would COVER their shorts making Millions!!

HOW IN THE HELL IS THIS LEGAL???

Seriously...if INSIDER TRADING is ILLEGAL...this has to top that!!

Posts: 2363 | From: Detroit | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
buckstalker
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Didn't you hear?

The elitists in this country are no longer required to obey the laws of this country...

What I don't understand is why "we the people" are tolerating this behavior

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It's all in the timing...

Posts: 4303 | From: DSA | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
Pagan
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quote:
Originally posted by buckstalker:
Didn't you hear?

The elitists in this country are no longer required to obey the laws of this country...

What I don't understand is why "we the people" are tolerating this behavior

I just want to ask you a serious question. What do you propose "we the people" should do about it? You have already stated that you no longer vote. So, what is left? Armed rebellion? And now without getting your panties in a bunch. Can you explain what you would like "we the people" to do about it?

Btw...I agree what they are doing seems criminal to me as well. So we agree on that point completely.

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It is impossible to make anything foolproof because fools are so ingenious.

Posts: 3311 | From: St. Louis | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
glassman
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don't buy their stock from them? invest more directly in smaller businesses

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Don't envy the happiness of those who live in a fool's paradise.

Posts: 36378 | From: USA | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
glassman
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speaking directly to the issue of "armed rebellion"?

i would like to point out that bullies tend to pick only on people who won't fight back. even the biggest bullies tned to move on to the easiest prey and don't want to risk even minor injury.

the stock makret industry is unsuable becuase they require you to sign an agreement to arbitration (their choice of arbitrator) when you sign up for an account. When you have credit extended to you in the form of a margin account? you are ALSO agreeing to allow them to loan other people your stock in order to short-sell YOUR stock against your long position... whywould anyone int heir rightmind do this? because the herd tells them to do it...

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Don't envy the happiness of those who live in a fool's paradise.

Posts: 36378 | From: USA | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
   

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