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General - Market Meldown - View Post

Coca-Cola said:
megaman79 said:
My money is gone. I had 20 grand in Jbwere, that firm is 55% owned by Goldman. Im not risking it so its all gone as of this morning

 

you mean you pulled your money out?

or gone as in lost?

 

I rang them, They said "there is no guaruntee on your investments, you loan us the money to invest for you. If Goldman dies your investment is returned AFTER we recuperate OUR costs". I thought about this and said "No way dude, give me my money" I got it all out and back in a normal standard bank account.



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.