mensaboy, I revisited an old thread to stress the issue of greed and what this did to "fuel" the world to where it is right now.
Obama won it, the economy will move ahead not just because of a new man in power in Washigton. No on will gain from this negative growth and the weaker links, being countries, companies, or individuals, will hit the hardest.
Easy said than done, but it will. It is much harder to rebuild what was destroyed by greedy so-called financiers. I wish they all go to jail (for life) for the stress and mess caused to all of us.
Just like they were the first ones to go down, the US of A will be also the first ones to stand back up.
The thread started a fuel hedging and drifted, as always does, into other issues. Hedging is speculation regardless what the (not) wise financiers said, say and will say.
Pure greed and selfishness drives company top management teams make very basic mistakes based on self-created assumptions of scenarios (for own bonuses) that end up not being true, instead of indulging themselves in recruiting professionals, managing and retraining them as required and keep them happy without paying astronomic packages.