Comments on: Twenty-First Century Trust-Busting http://www.ritholtz.com/blog/2009/01/twenty-first-century-trust-busting/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:16:44 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Mike in Nola http://www.ritholtz.com/blog/2009/01/twenty-first-century-trust-busting/comment-page-1/#comment-137496 Mike in Nola Mon, 05 Jan 2009 17:05:45 +0000 http://www.ritholtz.com/blog/?p=15065#comment-137496 I believe a number of us have said that the rightwingers had brought us a new gilded age and that we needed a new TR to tame the robber barons. Problem is, Obama was put into office by many of the miscreants. BTW, anyone believe the Jobs' story about hormone imbalance? It's plausible, but they haven't been exactly open up to this point, e.g. "Steve isn't skipping MacWorld because he's sick; it's just not important anymore." Anyone shorting the stock? If the recession is as bad as we expect, Apple will have trouble selling its expensive products anyway. Without Jobs it will just be worse. I believe a number of us have said that the rightwingers had brought us a new gilded age and that we needed a new TR to tame the robber barons. Problem is, Obama was put into office by many of the miscreants.

BTW, anyone believe the Jobs’ story about hormone imbalance? It’s plausible, but they haven’t been exactly open up to this point, e.g. “Steve isn’t skipping MacWorld because he’s sick; it’s just not important anymore.” Anyone shorting the stock? If the recession is as bad as we expect, Apple will have trouble selling its expensive products anyway. Without Jobs it will just be worse.

]]> By: gloppie http://www.ritholtz.com/blog/2009/01/twenty-first-century-trust-busting/comment-page-1/#comment-137404 gloppie Mon, 05 Jan 2009 00:37:26 +0000 http://www.ritholtz.com/blog/?p=15065#comment-137404 Microsoft has big problems in Europe, and they will not go away easily. Microsoft has big problems in Europe, and they will not go away easily.

]]> By: fhwang http://www.ritholtz.com/blog/2009/01/twenty-first-century-trust-busting/comment-page-1/#comment-137385 fhwang Sun, 04 Jan 2009 21:39:34 +0000 http://www.ritholtz.com/blog/?p=15065#comment-137385 Thank goodness more people are saying it. If a company is too big to fail, it's too big. Period. Thank goodness more people are saying it. If a company is too big to fail, it’s too big. Period.

]]> By: Charlatan http://www.ritholtz.com/blog/2009/01/twenty-first-century-trust-busting/comment-page-1/#comment-137339 Charlatan Sun, 04 Jan 2009 17:15:36 +0000 http://www.ritholtz.com/blog/?p=15065#comment-137339 Many here undoubtedly noticed that Ben Stein in a recent column implied that "letting" Lehman fail was basically the whole reason why the stock market collapsed. In addition to the alleged evils of CRA, Lehman has become one of the media Gestapo's favorite rallying cries. As long as they can blame government action or inaction for the current crisis -- someone other than the captains of corporate America -- then they're happy. Many here undoubtedly noticed that Ben Stein in a recent column implied that “letting” Lehman fail was basically the whole reason why the stock market collapsed. In addition to the alleged evils of CRA, Lehman has become one of the media Gestapo’s favorite rallying cries. As long as they can blame government action or inaction for the current crisis — someone other than the captains of corporate America — then they’re happy.

]]> By: leftback http://www.ritholtz.com/blog/2009/01/twenty-first-century-trust-busting/comment-page-1/#comment-137324 leftback Sun, 04 Jan 2009 16:16:15 +0000 http://www.ritholtz.com/blog/?p=15065#comment-137324 Of course Sandy Weill's Ponzi scheme (sorry, I mean Citigroup) should be broken up. It's not like it is something sacred, with emotional resonance, like Fenway Park or Wrigley Field. It's an artificial behemoth that was created to suck profits into someone's pockets (just like AIG) and then leave some poor saps holding the bag when it collapses. Incredibly, we the people are the saps in question. Of course Sandy Weill’s Ponzi scheme (sorry, I mean Citigroup) should be broken up. It’s not like it is something sacred, with emotional resonance, like Fenway Park or Wrigley Field. It’s an artificial behemoth that was created to suck profits into someone’s pockets (just like AIG) and then leave some poor saps holding the bag when it collapses. Incredibly, we the people are the saps in question.

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