I disagree with just about everything Put says, but…



A person would have to be a complete idiot to have all of his or her
money in one stock.   If they don’t understand that a stock
can go down and they can lose everything, then they should not be
buying stocks, they should keep their money at the bank in a savings
account.  I wouldn’t go as far as Put did and say I don’t feel bad
for them; I do feel bad for them.  But these people shouldn’t
blame others (Bernie Ebbers) for their ignorance. 



However, the brokers who had their clients so heavily positioned in one
security should be taken out back and shot in the face. 

[quote=Scorpio]However, the brokers who had their clients so heavily positioned in one security should be taken out back and shot in the face.  [/quote]

Anybody remember that broker with USB that did his own research, noticed some red flags, and tried to get his clients to reduce their ENRON exposure?

USB and the NASD proceeded to black list him, under the guise of their archaic rules.

I think the people at USB and the NASD that did that to this honorable broker should be taken out front, on to a public lawn, and burned at the stake.

You are thinking of UBS.

[quote=blarmston]You are thinking of UBS.[/quote]

You're right. I've got USB cables on the brain today. Thanks.

[quote=Roger Thornhill]

[quote=Scorpio]However, the brokers who had
their clients so heavily positioned in one security should be taken out
back and shot in the face.  [/quote]

Anybody remember that broker with USB that did his own research, noticed some red flags, and tried to get his clients to reduce their ENRON exposure?

USB and the NASD proceeded to black list him, under the guise of their archaic rules.

I think the people at USB and the NASD that did that to this honorable broker should be taken out front, on to a public lawn, and burned at the stake.

[quote=Roger Thornhill]

[quote=Coag]Is their any way we could have a poll or petition advocating that he be banned from the forum? [/quote]

If you go over to www.topgunproducers.com there's a poll about him.

[quote=Philo Kvetch]Arguing with Put is like running in the Special
Olympics.  Sure, you can beat him every time, but when it’s over
all you’ve done is beat a retard.[/quote]



OK Punk, take a shot.  Introduce a topic that you think you have any skills at and let’s go at it.



For about twenty years my wife and I have been very active in the New
York Special Olympics–there is nothing, as in NOTHING, more rewarding
than spending time officiating at Olympics events.



It takes a special type of schidtass to mock them.

I’m not mocking THEM, I’m mocking YOU.  You’re a lying sh*theel, and everyone including you knows it.   So ESAD.

Refering to a Special Olympian as a retard is not mocking them?

Nope.  Referring to YOU as a retard is.

Besides, a dirtbag like you couldn't find your way to the Special Olympics with a map, a compass and a native guide.

[quote=adoluap]What about this guy is worthy of pointing
out!!!  He has adopted special needs children and is trying to
help them.  Thinking and caring about someone more than you care
about yourself is not admirable???  Helping those who are not as
fortunate is not admirable???  What am I missing here???[/quote]



Would it make more sense to save money for something other than college when dealing with “special needs” children?

Why not?  Your folks did it for you.

[quote=Philo Kvetch]

Nope.  Referring to YOU as a retard is.

You're not a retard?  You certainly behave like one, at least here.

As to being me, you couldn't in your wildest dreams hope to do half of the things I've done. 

You certainly must envy me from afar (and below!).

[quote=Philo Kvetch]

You’re not a retard?  You certainly behave like one, at least here.

As to being me, you couldn't in your wildest dreams hope to do half of the things I've done. 

You certainly must envy me from afar (and below!).

As a matter of fact, yes.  Along with a few other things that you're incapable of doing or even understanding.

So 'long, Chump.  I'm off to passtimes that are far more interesting than chatting with an imbicile. 

[quote=Starka]

As a matter of fact, yes.  Along with a few other things that you’re incapable of doing or even understanding.

So 'long, Chump.  I'm off to passtimes that are far more interesting than chatting with an imbicile. 

Wrong again, little boy!

If you have your entire net worth tied up in a single stock--even if it's where  you work--you have to be a moron.  How bright does somebody have to be in order to know that the stock market can go down?

Moron may be a bit harsh, but I have to agree here a bit; with the codicil that the broker who didn't educate his client about a stop loss order or diversifyiing assets has been remiss in his duties.  Individuals who, on their own, left huge amounts of assets in any one company, may not be morons, but certainly can be classifed as stupid, lazy and greedy.

What is also ridiculous is the idea that there is anybody in this country who was denied a college education due to lack of funding.   Most of the greatest generation were in the service and were eligible for the GI Bill--as has every veteran since.

Among younger people--since the draft lottery--there has been an abundance of student loans and scholarships.  It's apolgizing again to believe that those who do not  have college educations don't have them because they couldn't afford them.

 I agree that almost (notice I said almost) anyone who has the drive and determination to succeed  can find the money, and the counseling to obtain the money, to get a good college education.  However, I differ here from Put in that I don't think a degree is the "be all, end all" of success. I know many, very successful entrepenuers, who are not blessed with a degree.  It is the drive, determination and native wit that make them a success.

Now, let's ask a philosophical question.  Should somebody who thinks like I do be allowed to sit on arbitration panels--or should such panels be closed to men and women who are personal responsibility zealots?

I think you mean anti personal responsibility zealots.  People need to take responsibility for their own actions or lack of actions.  There is a culture of victimhood in our society, and too many people that are so politically correct that they don't want to face down the needy, greedy "victims" for fear of seeming hard. 

So, part of the debacle can be attributed to greed and ignorance on the part of the investor. Part can be attributed to  lazy inattentiveness and fiduciary failure on the part of the broker. However, the biggest portion of the blame should be and rightly is attributed to Bernie Ebbers and he deserves every minute of jail time he serves.

P.S. You couldn't give me enough money to set foot in New York City.  OK that was figurative.....possibly I could force myself for enough cash.....but I swear, I wouldn't enjoy it. 

[quote=Put Trader]I am hardly a retard...[/quote]

Using your previous posts as evidence, everyone with an IQ anywhere North of the temperature of warm spit disagrees with you.