Comments on: If I had a 7 BILLION dollars, I’d buy… http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/ Investing for beginners Wed, 07 Jan 2009 05:55:04 +0000 http://wordpress.org/?v=2.6.2 By: moneyrelations http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1946 moneyrelations Tue, 29 Jan 2008 22:22:52 +0000 http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1946 @ Nancy You know... I've never seen Wall Street :) And the Nick Leeson story was done by Ewan McGregor in Rogue Trader. Never saw it either but maybe in my personal finance education kick, I should rent them :) @ plonkee Yeah, maybe. And then when they found out and tried to unwind it, it got even worse. It just goes to show you... these smart people know all there is about sophisticated derivatives this and that. But at least <i>I</i> never lost a billion dollars. ;) @ Nancy

You know… I’ve never seen Wall Street :) And the Nick Leeson story was done by Ewan McGregor in Rogue Trader. Never saw it either but maybe in my personal finance education kick, I should rent them :)

@ plonkee

Yeah, maybe. And then when they found out and tried to unwind it, it got even worse. It just goes to show you… these smart people know all there is about sophisticated derivatives this and that. But at least I never lost a billion dollars. ;)

]]> By: plonkee http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1943 plonkee Tue, 29 Jan 2008 20:13:27 +0000 http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1943 I assumed it was like the Nick Leeson story. He lost a lot of money on the markets making one or more bad calls, and then creatively committed fraud trying to cover it up, and save his job. And then it didn't work. I assumed it was like the Nick Leeson story. He lost a lot of money on the markets making one or more bad calls, and then creatively committed fraud trying to cover it up, and save his job. And then it didn’t work.

]]> By: Nancy (aka money coach) http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1927 Nancy (aka money coach) Tue, 29 Jan 2008 04:51:10 +0000 http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1927 you know, people think the financial pages are boring - but can you *imagine* the juicy movie that could be made about all this? We need more 'wall streets'! you know, people think the financial pages are boring - but can you *imagine* the juicy movie that could be made about all this? We need more ‘wall streets’!

]]> By: moneyrelations http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1926 moneyrelations Tue, 29 Jan 2008 03:35:48 +0000 http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1926 @ Traciatim Glad to see you've thoroughly thought this out ;) Wouldn't expect less from a DIYer. And glad to see you can make do with only 500 mil ;) @ Selene It just seems an awful lot of money to go unchecked for the work of a single individual. They are saying he's looking at 7 years in prison? That's 1 billion per year. Is that appropriate or is that lenient compared to the run of the mill robbery? Hmmm. @ Traciatim

Glad to see you’ve thoroughly thought this out ;) Wouldn’t expect less from a DIYer. And glad to see you can make do with only 500 mil ;)

@ Selene

It just seems an awful lot of money to go unchecked for the work of a single individual. They are saying he’s looking at 7 years in prison? That’s 1 billion per year. Is that appropriate or is that lenient compared to the run of the mill robbery? Hmmm.

]]> By: Selene http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1925 Selene Tue, 29 Jan 2008 02:56:20 +0000 http://www.moneyrelations.com/2008/01/28/if-i-had-a-7-billion-dollars-id-buy/#comment-1925 I believe he is covering up for someone. The other reasons don't seem worthwhile to me. I believe he is covering up for someone. The other reasons don’t seem worthwhile to me.

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