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Re: War but it's Business as usual: msg#00017

politics.socialism.wsm.general

Subject: Re: War but it's Business as usual

Some rich people will get richer in this conflict, capitalists always make
profits, even more, they make profits from others capitalists

On 8/3/06, alan johnstone <ajsc21755@xxxxxxxxxxxxxxxx> wrote:
>
> Lebanon's stock exchange restarted trading on Tuesday
>
> One of Beirut's main indexes, the BLOM, closed 4.1% lower at 1,230.22.
> Trading hours were shortened and the exchange put a 5% limit on the amount a
> share could rise or fall, in an effort to control volatility. Many shares
> fell the maximum 5%, including property developer Solidere and Lebanon's
> largest bank Blom. "Volumes are low," said one trader in Beirut. "There are
> many offers in the market but no bids. It looks like we will see more
> downward pressure this week."
> Observers said that despite the concerns about the ongoing conflict,
> investors would probably be lured back into the market if share prices fell
> far enough.
>
> [ One person's misery is another's opportunity in capitalism , eh ? ]
>
> http://news.bbc.co.uk/1/hi/business/5234654.stm
>
> alan johnstone , edinburgh br
>
> [Non-text portions of this message have been removed]
>
>
>


[Non-text portions of this message have been removed]






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