The Aussie market was doomed before trading began today with Friday’s shock result by General Electric (NYSE:GE) in New York. General Electric is a world-class jet engine maker. It’s also a shameless money-lender. But it’s the collapse of yet another Australian broker, Lift Capital and its 1,600 clients, which threatens to swamp the Aussie market this week. We are finally learning just how many people bought their way into the boom with borrowed money.
April 14th, 2008 | The Daily Reckoning | 2 comments | Continued Our DR Global Editions: 
Sunday, November 08th, 2009
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The Markets
All Ordinaries 4604.40 +85.20
S&p/asx 200 4594.00 +86.00
Nzx 50 Index Gros 3160.16 +15.66
DJIA 10023.42 +17.46
NASDAQ 2112.44 +7.12
S&P 500 1069.30 +2.67
Ftse 100 5142.72 +17.08
2009-11-06 00:47 Most Comments
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It's surreal ... Like trading trading stocks and currencies and cow bells! Which is why silly old buggers like me ...
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This is the sort of stuff sites that publish controversy have to put up with. It's a credit to the ...
Dan | 8Nov09 | More -
Ned S's muliply on this site I see. I would have thought one was enough of them myself? But there ...
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Hello Bargeass! My sister-in-law is a migrant. And so is my fiancee. And over the next 35 years there are ...
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Inflation is already and getting higher only the naive and deluded believe otherwise.
bargeass | 8Nov09 | More -
Australia's overvalued property is on borrowed time as the socialist, nanny state, land rationing policy will eventually be dumped and ...
bargeass | 8Nov09 | More -
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Gidday Ross. Number 4 sounds best but not betting on it.
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This is why moderators are needed in a public forum such as this.
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" I rarely see the need to use smiley emoticons." :(
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It's surreal ... Like trading trading stocks and currencies and cow bells! Which is why silly old buggers like me ...
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