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09-16-2008, 03:57 PM
  #35
Devonator
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Join Date: Jan 2003
Location: Proud Darul Harbian
Country: Canada
Posts: 2,224
vCash: 500
Thanks guys for the insight....so at the bottom of everything, is it really simply just about some greedy people in these companies?

Or is it shady accounting practices? Cooking the books so to speak..

I have to admit, I read a lot also but mainly about history and theology and various cultures...economics simply isn't something I have studied apart from my education days...I know that sounds funny as someone who was trained to be an accountant but to be fair, I havn't worked in my field for years...so I really am quite illiterate!!

I really have no portfolio...just my house is my major investment...I own zilch for stocks.....but I am aware, that this latest collapse could possibly effect all of us.....

Hopefully some good will come out of this...

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