Comments on: Sept 29th: The Day of Unlucky Sevens http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/ Trusted Insights and Conversations on the Next Wave of Technology Mon, 23 Nov 2009 10:06:30 +0000 http://wordpress.com/ hourly 1 By: Trouble Returns to the Land of Telecom - GigaOM http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-911646 Trouble Returns to the Land of Telecom - GigaOM Mon, 10 Nov 2008 05:18:01 +0000 http://gigaom.com/?p=22841#comment-911646 [...] Cisco is widely considered to be a bellwether of the telecom and infrastructure sector. Its gloomy outlook, therefore, proves just how negatively affected the industry at large will be by the vise-like grip of the economic downturn. [...] [...] Cisco is widely considered to be a bellwether of the telecom and infrastructure sector. Its gloomy outlook, therefore, proves just how negatively affected the industry at large will be by the vise-like grip of the economic downturn. [...]

]]> By: Milos Sugovic http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902345 Milos Sugovic Tue, 30 Sep 2008 21:21:27 +0000 http://gigaom.com/?p=22841#comment-902345 All eyes are on the volatility of the Dow. If it’s Monday’s crash, or the aftermath recovery, the media can’t look past its instability. And that’s understandable given the popularity of the index, but misleading given the reach of the crisis and limits of the 107-year-old index. That’s why pulling the right strings depends on the choice of index during decision-making as I’ve discussed on http://peppercomblog.typepad.com. All eyes are on the volatility of the Dow. If it’s Monday’s crash, or the aftermath recovery, the media can’t look past its instability. And that’s understandable given the popularity of the index, but misleading given the reach of the crisis and limits of the 107-year-old index. That’s why pulling the right strings depends on the choice of index during decision-making as I’ve discussed on http://peppercomblog.typepad.com.

]]> By: How Wall Street Can Hurt Silicon Valley - GigaOM http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902268 How Wall Street Can Hurt Silicon Valley - GigaOM Tue, 30 Sep 2008 13:31:14 +0000 http://gigaom.com/?p=22841#comment-902268 [...] Kelleher, Tuesday, September 30, 2008 at 6:30 AM PT Comments (0) Monday’s 9.1 percent dive by the Nasdaq was so sharp — with big names like Amazon, Google, and Apple losing between 10 [...] [...] Kelleher, Tuesday, September 30, 2008 at 6:30 AM PT Comments (0) Monday’s 9.1 percent dive by the Nasdaq was so sharp — with big names like Amazon, Google, and Apple losing between 10 [...]

]]> By: dave mcclure http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902246 dave mcclure Tue, 30 Sep 2008 09:29:14 +0000 http://gigaom.com/?p=22841#comment-902246 FEAR rules the day. cattle are motionless; sheep are catatonic. good time to start investing / building something new, i think :) FEAR rules the day.

cattle are motionless; sheep are catatonic.

good time to start investing / building something new, i think :)

]]> By: Peggy McGilligan http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902206 Peggy McGilligan Tue, 30 Sep 2008 03:13:23 +0000 http://gigaom.com/?p=22841#comment-902206 For reasons too lengthy to go into, it'd really take the cake if I'm the 7th poster. Anyway, did you know many of the fat cats who circulate from board to board and from job to job throughout the financial industry, are also members of the Bilderberg Group and or the Trilateral Commission? When someone takes your money and steals your car, it makes an impression. When they belong to such secret political cliques, it leaves an indelible impression. Many elected officials even belong to these cabals. When Bill Clinton eased banking restrictions, he dished out $8-billion dollars for community reinvestment loans. When the financing schemes fell through, as is their wont whenever 30-million Mexican nationals buy inflated properties and default, it left banks in the lurch. Hillary Clinton counted on the loan giveaways to buy votes. Interestingly enough, had Hillary secured the nomination; she, instead of Barack Obama would preside over the bailout. So, where’s that $8-bilion plus dollars? The Global Initiative people (code speak for car thieves) took my money; they stole my car. If you or I did half the things these people have done, we’d be serving consecutive life sentences. Wise up, get angry, and let the bubble burst. Gentlemen, I want my money back: http://theseedsof9-11.com For reasons too lengthy to go into, it’d really take the cake if I’m the 7th poster. Anyway, did you know many of the fat cats who circulate from board to board and from job to job throughout the financial industry, are also members of the Bilderberg Group and or the Trilateral Commission? When someone takes your money and steals your car, it makes an impression. When they belong to such secret political cliques, it leaves an indelible impression. Many elected officials even belong to these cabals. When Bill Clinton eased banking restrictions, he dished out $8-billion dollars for community reinvestment loans. When the financing schemes fell through, as is their wont whenever 30-million Mexican nationals buy inflated properties and default, it left banks in the lurch. Hillary Clinton counted on the loan giveaways to buy votes. Interestingly enough, had Hillary secured the nomination; she, instead of Barack Obama would preside over the bailout. So, where’s that $8-bilion plus dollars? The Global Initiative people (code speak for car thieves) took my money; they stole my car. If you or I did half the things these people have done, we’d be serving consecutive life sentences. Wise up, get angry, and let the bubble burst. Gentlemen, I want my money back: http://theseedsof9-11.com

]]> By: Uday http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902203 Uday Tue, 30 Sep 2008 02:45:35 +0000 http://gigaom.com/?p=22841#comment-902203 Hello Om, I can't believe that you still trust/get advise from Wall Street Folks- "as I gather more insights from folks around Wall Street" What were you thinking when you wrote the above statement? Pl drink some more coffee, if you are feeling sleepy... Did you ask them about their fate first? It's hilarious when they predict the future of tech, when they can't even understand what's going on in their own backyard! Every one knows that high tech will be impacted but this financial mess won't mark the end-of-the-road for innovation & high tech. -Uday. Hello Om,
I can’t believe that you still trust/get advise from Wall Street Folks-
“as I gather more insights from folks around Wall Street”

What were you thinking when you wrote the above statement? Pl drink some more coffee, if you are feeling sleepy…

Did you ask them about their fate first? It’s hilarious when they predict the future of tech, when they can’t even understand what’s going on in their own backyard!

Every one knows that high tech will be impacted but this financial mess won’t mark the end-of-the-road for innovation & high tech.

-Uday.

]]> By: courtney benson http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902195 courtney benson Tue, 30 Sep 2008 01:05:16 +0000 http://gigaom.com/?p=22841#comment-902195 Sit tight! This too shall pass. Save your cash for when they throw the baby out with the bath. Sit tight! This too shall pass. Save your cash for when they throw the baby out with the bath.

]]> By: Kendall http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902176 Kendall Mon, 29 Sep 2008 23:01:49 +0000 http://gigaom.com/?p=22841#comment-902176 And 777.7 was 7%! If we don't pass the bill by market open tomorrow, the Dow will go down another 1,000 points...hold onto your panties... And 777.7 was 7%! If we don’t pass the bill by market open tomorrow, the Dow will go down another 1,000 points…hold onto your panties…

]]> By: ronald http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902163 ronald Mon, 29 Sep 2008 21:26:01 +0000 http://gigaom.com/?p=22841#comment-902163 I thought 7 was a lucky number. What we see here is that Lawyers (house reps) don't understand math. Or the reaction they will get in a highly interconnect complex system, also called chaotic systems (for a reason). Hold on to your seats, the roller coaster just started. I thought 7 was a lucky number.

What we see here is that Lawyers (house reps) don’t understand math. Or the reaction they will get in a highly interconnect complex system, also called chaotic systems (for a reason). Hold on to your seats, the roller coaster just started.

]]> By: Milward http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902160 Milward Mon, 29 Sep 2008 20:52:03 +0000 http://gigaom.com/?p=22841#comment-902160 This is just the begening! This is just the begening!

]]> By: Coconut Wireless http://gigaom.com/2008/09/29/wall-street-wobbles-bailout-rejected/#comment-902147 Coconut Wireless Mon, 29 Sep 2008 19:30:27 +0000 http://gigaom.com/?p=22841#comment-902147 On NPR last week, a guest on a show described the current situation as one where Wall St. is holding a gun to its head and telling the rest of us/govt., 'If you don't help me, I will shoot' On NPR last week, a guest on a show described the current situation as one where Wall St. is holding a gun to its head and telling the rest of us/govt., ‘If you don’t help me, I will shoot’

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