Showing posts with label gambling. Show all posts
Showing posts with label gambling. Show all posts

Monday, August 9, 2010

Wall Street panic following CEO resignation

So HP's CEO Mark Hurd resigned on Friday following a sexual harassment allegation. Fine. But am I the only one finding it a bit odd that the HP stock would plunge almost 10% on this news? Has the future prospects of this company really changed that much just because the CEO resigned?

The stock market is increasingly becoming a freakin' casino. My suggestion is we move Wall Street up to Las Vegas while we're at it.