Old Project Avalon Forum (ARCHIVE) - View Single Post - About the current financial scenario : History is repeating

Trishsgate · 10-08-2008, 03:29 AM

Quite thorough post. One would think logically that the higher bid would trump the lower in a sane and moral society, but IMO Wells Fargo may not be one of the bigger players and therefore the entanglement begins. This can also be traced backwards to the depression in the 30's within the US where smaller firms were gobbled up by the larger ones to create major monopolies. Some have even said that many in the know pulled their money before the crash in the 30's in order to take a much bigger slice of the pie. Again thanks and will watch the video it does not appear that I have viewed this one or at least not in awhile.

10-08-2008, 03:29 AM	#2
Trishsgate Avalon Senior Member Join Date: Sep 2008 Location: NC, USA Posts: 140	Re: About the current financial scenario : History is repeating Quite thorough post. One would think logically that the higher bid would trump the lower in a sane and moral society, but IMO Wells Fargo may not be one of the bigger players and therefore the entanglement begins. This can also be traced backwards to the depression in the 30's within the US where smaller firms were gobbled up by the larger ones to create major monopolies. Some have even said that many in the know pulled their money before the crash in the 30's in order to take a much bigger slice of the pie. Again thanks and will watch the video it does not appear that I have viewed this one or at least not in awhile.