3-4 pm / It is the Dreaded Hour at the Stock Market - this has been discussed for weeks now
Mira
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Mon Dec-01-08 05:28 PM
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| 3-4 pm / It is the Dreaded Hour at the Stock Market - this has been discussed for weeks now |
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Would someone explain to me as if I were a two year old why Paulson lumbers onto the TV screen at 3 pm sharp to give a speech on a day when the market is already down 430 points?
What kind of moron would schedule it that way, or not cancel and re-schedule?
The market kept dropping like a brick as he told us his wise ass know nothing explanations, with the closing bell ending the disaster at 680 points down.
Idiots.
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| SlicerDicer-
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Mon Dec-01-08 05:30 PM
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| 1. Cratered is the term. Not bricked |
| AndyA
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Mon Dec-01-08 05:34 PM
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| 2. Because Paulson is an idiot and he doesn't care. |
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He was one of the people who should have seen this coming.
He was one of the people who could have done something to stop this runaway train, but didn't.
No doubt he's making/has made a ton of money off this market situation.
He should be in jail, not giving speeches.
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| Robbien
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Mon Dec-01-08 05:36 PM
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| 3. Because everyone who matters to him turns off CNBC at 3:30 |
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Paulson wanted to talk to his public while their TVs were still turned on.
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| DJ13
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Mon Dec-01-08 05:37 PM
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| 4. Maybe he knows his old firm is short the stock market? |
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Typically CEO's know you never talk about bad news during the trading day without a good reason.
Paulson was a CEO, so he should know that, but since he ignores it there has to be a reason behind it.
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| truedelphi
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Mon Dec-01-08 05:43 PM
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| 6. Yeah I agree: he is far too capable of getting his way to |
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Right now he is our King. Our one and only king.
So I doubt that what he was doing was unintentional. And your explantion makes as much sense as any.
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| OnceUponTimeOnTheNet
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Mon Dec-01-08 05:41 PM
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| 5. I missed todays speech, I'd love to see one of his speeches put in high speed |
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and listen to him sounding like porky pig and making those sudden moves with his arms and face. Bet it would go viral on the Youtube.
~Porky Paulson~
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| muriel_volestrangler
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Mon Dec-01-08 05:55 PM
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| 7. Cancelling a speech would just spread more fear, I'd think |
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It'd look like he was panicking.
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| amdezurik
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Mon Dec-01-08 05:58 PM
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| 8. he has his, so screw the rest of us |
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simple when you cut through all the hyperbole and histrionics they like to toss in ain't it?
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