You have been WARNED!!!!!!!
September 17, 2008
– Comments (5)
For months I have been pointing out that the books of many of America's most important companies did not reflect the underlying fundamentals. No where was this more evident than the publicly traded HBs. As management lied to you about the value of the assets on the books, the dumped their shares on the open market as Wall Street played along with the charade.
Now we are seeing banks worth nothing. Money market funds not worth par. The lies are finally coming to the surface and in the end greed will be blamed. America will be broke because of greed?
If a few crazy posters on CAPs saw it.......who else did??????
It is amazing how little a company can be worth once management becomes honest with its representations......next time it would be nice if they told us before they sold their shares......if there is a next time.
Watch what happens to Best Buy.