|
Printer-friendly format Email this thread to a friend Bookmark this thread |
This topic is archived. |
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:26 PM Original message |
Where Did the Money Go? |
Printer Friendly | Permalink | | Top |
slackmaster (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:27 PM Response to Original message |
1. The money has mostly evaporated |
Printer Friendly | Permalink | | Top |
Howardx (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:28 PM Response to Reply #1 |
2. how does that happen? |
Printer Friendly | Permalink | | Top |
slackmaster (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:37 PM Response to Reply #2 |
14. It was never really there |
Printer Friendly | Permalink | | Top |
Occam Bandage (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:39 PM Response to Reply #2 |
18. Here's a simplistic analogy. |
Printer Friendly | Permalink | | Top |
truedelphi (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:01 PM Response to Reply #18 |
32. The only thing that is wrong with your analogy is this one: |
Printer Friendly | Permalink | | Top |
BR_Parkway (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:36 PM Response to Reply #18 |
38. Too simplistic for me to get I think - In real world - Citi buys $1B |
Printer Friendly | Permalink | | Top |
SoCalDem (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:31 PM Response to Reply #1 |
8. The ones who HAD it were the same ones who manipulated it, so |
Printer Friendly | Permalink | | Top |
liberal N proud (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:28 PM Response to Original message |
3. There wasn't any money to begin with |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:36 PM Response to Reply #3 |
13. True, however |
Printer Friendly | Permalink | | Top |
slackmaster (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:38 PM Response to Reply #13 |
17. Do you deal with things like good will? |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:10 PM Original message |
Accounting is cut and dry |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:28 PM Response to Original message |
4. The NYTimes asks the same question. |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:42 PM Response to Reply #4 |
20. You'd think, huh? |
Printer Friendly | Permalink | | Top |
Warpy (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:29 PM Response to Original message |
5. Most of it was never there in the first place |
Printer Friendly | Permalink | | Top |
Veritas_et_Aequitas (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:29 PM Response to Original message |
6. Into the aether. |
Printer Friendly | Permalink | | Top |
Occam Bandage (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:30 PM Response to Original message |
7. It disappeared. Money doesn't actually exist except by consensus that it does. |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:37 PM Response to Reply #7 |
15. There are rules/laws about moving even the numbers on spreadsheets... |
Printer Friendly | Permalink | | Top |
Occam Bandage (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:43 PM Response to Reply #15 |
21. There's no fraud. |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:50 PM Response to Reply #21 |
27. It didn't "turn out" that these securities were worthless... |
Printer Friendly | Permalink | | Top |
Occam Bandage (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:57 PM Response to Reply #27 |
31. To most people it affected, it did. |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:07 PM Response to Reply #31 |
34. That's not the point at all |
Printer Friendly | Permalink | | Top |
specialed (276 posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:31 PM Response to Original message |
9. For the most part to pay off |
Printer Friendly | Permalink | | Top |
damntexdem (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:31 PM Response to Original message |
10. Back where it came from. |
Printer Friendly | Permalink | | Top |
TahitiNut (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:32 PM Response to Reply #10 |
12. To the happy hunting grounds? Along with wampum? |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:46 PM Response to Reply #12 |
24. I'm thinking more along the lines of these... |
Printer Friendly | Permalink | | Top |
DS1 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:50 PM Response to Reply #10 |
28. Rancor pit? |
Printer Friendly | Permalink | | Top |
TahitiNut (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:31 PM Response to Original message |
11. That would require a deeper analysis of what "money" is to answer. |
Printer Friendly | Permalink | | Top |
rug (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:37 PM Response to Original message |
16. 2.2 trillion in Iraq, Afghanistan and "the war on terror". |
Printer Friendly | Permalink | | Top |
CountAllVotes (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:02 PM Response to Reply #16 |
33. *ding* *ding* *ding* |
Printer Friendly | Permalink | | Top |
SnoopDog (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:40 PM Response to Original message |
19. Money can be created - but it cannot be destroyed... |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:44 PM Response to Reply #19 |
22. Dude... that is so what I'm thinking... |
Printer Friendly | Permalink | | Top |
Occam Bandage (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:46 PM Response to Reply #19 |
23. Money can certainly be destroyed. |
Printer Friendly | Permalink | | Top |
SnoopDog (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:48 PM Response to Reply #23 |
26. No not really... |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:51 PM Response to Reply #26 |
29. Ditto |
Printer Friendly | Permalink | | Top |
Occam Bandage (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:54 PM Response to Reply #26 |
30. You're mistaken on two counts. |
Printer Friendly | Permalink | | Top |
SnoopDog (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:10 PM Response to Reply #30 |
35. Ok, we are dealing in semantics and valuations now... |
Printer Friendly | Permalink | | Top |
dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:41 PM Response to Reply #35 |
41. "And one only loses that value when that asset is Sold."- WRONG. |
Printer Friendly | Permalink | | Top |
Still Sensible (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:18 PM Response to Reply #30 |
36. I agree. And furthermore it is likely that there have |
Printer Friendly | Permalink | | Top |
lovuian (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 01:48 PM Response to Original message |
25. The Money went to the RICH the chosen FEW |
Printer Friendly | Permalink | | Top |
Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:28 PM Response to Original message |
37. It a nutshell, HUGE numbers of insurance policies were written |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 06:49 PM Response to Reply #37 |
43. That leads to my next question: |
Printer Friendly | Permalink | | Top |
Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 10:03 AM Response to Reply #43 |
44. Because they weren't regulated |
Printer Friendly | Permalink | | Top |
JuniperLea (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 12:55 PM Response to Reply #44 |
45. It all seems kinda stupid now, huh? |
Printer Friendly | Permalink | | Top |
dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:37 PM Response to Original message |
39. into the ether- it never actually exsisted, except electronically. |
Printer Friendly | Permalink | | Top |
onlyadream (821 posts) Send PM | Profile | Ignore | Tue Mar-03-09 02:40 PM Response to Original message |
40. Here's my idea where the money went: |
Printer Friendly | Permalink | | Top |
Odin2005 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-03-09 03:53 PM Response to Original message |
42. It never existed to begin with. It was mostly paper wealth with no basis in actual productivity. |
Printer Friendly | Permalink | | Top |
DU AdBot (1000+ posts) | Thu May 02nd 2024, 01:18 PM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC