Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of this year. Now many are choosing investments they deem safer, like bonds. The New York Times reports.
Treasury 10-Year Notes Gain for Fourth Week as Economic Recovery Falters
Recovery fears knock appetite for risk
When you're finished, send, alright.
No. But got something for you to say around when you get to work tomorrow... bet you'll be the only one to know about that there.... When I told the lady that used to be the concierge of the building I'm in week time that GS was taking to court in London the Natixis-BPCE bench of crooks, she almost jumped to the roof of joy, she doesn't know anything about stocks or markets but she as almost anyone of her age (86) she has a savings account with that bank. Careless of the consequences, they sold her the natixis stocks, telling her it was jsut as safe as her good old savings thing and most of her lifetime savings are now gone.... All these B.Bip BIP BIP be gone to jail for that in the US but they got away with it... when I told her, I mean she was smiling.
Well they may learn, it won't be the same tryin to cheat GS than it is to cheat on poor uneducated folks!
Are you done now? I'd like to enter the transactions?
Something to say coffee time. Rather unexpected you know, I mean, a decision in NYC to go ahead with a lawsuit, a Judge in London, the least expected consequence, a large smile on an old retired concierge in Paris. The story hanged cause it's rather disturbing while being quite significant of how this people is treated... As a kid that lady grew up she told me in the center, a place called Auvergne, her parents had a very small farm, and didn't allow her to go to school for too long as they needed her at the farm despite her teacher request who wanted her to study more, you can ear all the regrests when she mentions it. Well, she worked at the farm for a while but as she got older, the french at the time had some kind of program to end small farming, so to get out of the coming poverty I guess resulting from the loss of the farm (a state decision), she headed to Paris where she had the opportunity to become a concierge meaning she would have a job and a home in the building (the home, a ground floor flat of 300 square feet...) where she grew up her family, she's very proud her daughter has become an accountant. She managed to save enough to buy herself a two bedroom flat, 4th floor in the building she had been a concierge for at least 26 years may be more, she was already there when I got the place, anyway, on top of that she had that savings account at the BPCE and she absolutely trusted the bank so when they told her it was sfa eand just the same she signed the documents and ended with the natixis stocks... you know the rest of the story... What's disturbing is how much has been asked to her throughout her entire life when the FBIP BIP BIP that sold her unfaithfully, unprofessionally the stocks get away with it..... Check out Sarky's agenda, on the 25th, 12h30.....
Tell me, it's weird right.
That's why the small nations without a state but with a language and a culture whose Land and future depends on the Paris administration need the other democracies to stand for their rights... it's disturbing!
Well, that's what I meant; Have the futures. I'm slow now, you?
It's back alright. Need the graphs too.
Wouldn't say that cause it started long before 2007, that kind of selling took place right after a reform probably around 98 or a little bit before that and since uneducated or poorly educated to sophiticated fiancial products retirees became a target for hard selling of dirty stuff.
On a pretty large scale, yop. Different products and several institutions have been involved, all, state owned or with a management under state intervention.
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