Sub Prime: What your banker did NOT tell you

• JDManiac

  3 Oct 08, 03:14

  Hello,

  If you are interested to find out what causes the sub prime and how will it affect your investments, you may wish to check out this website:

  http://baokong.wordpress.com

  or

  www.baokong.wordpress.com

   

   

  Do tell your friends about this website if the information is useful to you.

   

  Your humble servant

• LatecomerX

  3 Oct 08, 03:24

  And your dear banker also didn't tell you that advertising your own site in sgForums gets you a free bowl of ban-� and a nice cup of ban-dung served by our � Fifi.

   

• elementalangel

  3 Oct 08, 03:56

  Originally posted by LatecomerX:

  And your dear banker also didn't tell you that advertising your own site in sgForums gets you a free bowl of ban-� and a nice cup of ban-dung served by our � Fifi.

   

  wa u call her lao =X

• dragg

  3 Oct 08, 08:10

  it seems none of the govts of the countries affected are doing anything to those bankers who brought about all these problems.

   

• Chin Eng

  3 Oct 08, 08:31

  scratch head.....

   

  self-advertising..... articles on stocks....

  how come it reminds me of someone else????

• dragon_stone

  3 Oct 08, 08:43

  the so called experts dun know how to look into their own backyard, when indexes are down; oh, due to market sentiments when it is down further; oh again,due to sub-prime etc... what they dun tell you is the snowballing effect and our local investments companies are sucked into their fray what happens to our local investment advisers/experts? all our hardearned money gone...
• the Bear

  3 Oct 08, 08:46

  Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
  
  The villagers seeing that there were many monkeys around, went out to the forest, and started catching them. The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
  
  Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!
  
  The man now announced that he would buy monkeys at $50 ! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
  
  In the absence of the man, the assistant told the villagers. "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each."
  
  The villagers rounded up all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!
  
  Now you have a better understanding of how the stock market works!!