Tuesday, September 23, 2008

US Economic Meltdown - Fall 2008

Looks like we have still not been able to reach the root of the market melt down. I have few questions that are still unanswered.

Q1 How is it possible that these fallen financial institutions did not have internal periodic escalations of deviations and outage

Q1A How is it possible that the precursors to bankruptcy was not tracked for last 52 weeks?

Q2 How is it possible that there were NO circuit breakers in transactions?

Q3 Did all these companies fail simultaneously in the periodic audits?

Q4 Did the audit agencies deviated too?

Q5 Who was tracking the quarterly results and were the share holders kept in dark?

Q6 Isn’t the federal government informed in advance of the financial slippage?

Q7 Who has gained most from the melt down?

Q8 Who will gain most from the recovery and bailout?

Many more …..I believe this melt down is deliberate. If not, then American economy has ended up as single largest casino bet in history.

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