Thread: Go economy!
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Old 2008-09-23, 11:04 AM   #85
sperry
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Real Name: Scott
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The way out is through
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What are you guys apologizing for? I sold my original batch of options at $46/share back in Jan to buy my house. The rest of my options have been worthless ever since the stock dropped below around $38, which was months ago.

I'm just pointing out the milestone of IGT's 60% drop in value as an indicator that we're all fucked because the economy finally turned the corner towards impending doom. I can't say I'm all that surprised... the writing has been on the wall since the 80's. You can't create a debt-based economy that must grow geometrically at 3% each year and expect it to last forever. And you especially can't do it with less and less taxes and deregulation of industry, a la "trickle down economics". Feel free to blame Regan, Bush Sr. and Bush Jr.
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