1. Your Questions About Nasdaq Omx
Susan asks…
Lousy stock market performance? Yes? No?
With every stock exchange in the world in the red would'nt it be better to explain this deep
downturn on external forces as opposed to internal (US domestic stats)? I mean- there is not
one foreign stock exchange that has not merged, or is about to merge, with larger exchanges.
Example: NASDAQ/OMX, NYSE/EURONEXT and others. With US, Canada and Mexican
markets so intertwined-how could you not expect their financial woprlds NOT TO EFFECT OUR
HOLDINGS?
Steve Winston answers:
Right now is the time to buy good, rock solid companies. Stick with best of breed stocks right
now.
The market is on Sale! The profits to be made will be huge for those who know how to ride the
beast.
You can play the blame game all you want, you can cry and complaine and anything else you
please. But it won't make you any money.
That's what the game is all about, Now go buy some good stocks.
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2. Richard asks…
Is our nation run by complete crooks?
Bernard Madoff arrested over alleged $50 billion fraud
NEW YORK (Reuters) – Bernard Madoff, a long-time fixture and powerful adviser on Wall
Street, was arrested and charged on Thursday with allegedly running a $50 billion Ponzi
scheme, U.S. authorities said.
The former chairman of the Nasdaq Stock Market who remains a member of Nasdaq OMX
Group Inc's nominating committee, is best known as the founder of Bernard L. Madoff
Investment Securities LLC, the closely-held market-making firm he founded
http://news.yahoo.com/s/nm/20081212/bs_nm/us_madoff_arrest
these people steal so much more than they can ever spend
do they just get off on ruining people's lives?
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3. Steve Winston answers:
You right...greed is very contagious.....especially in those who see money
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