Famous Last Words Of 2008


Sure, no one can get it right every time. We all miss the mark now and then. But these comments are real doozies!

Following are the Fast Money traders’ favorite most outrageous comments of the year.

Macke’s Favorite Comment

“Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact.”

-Alan Greenspan, Congressional Testimony,
October 23rd, 2008

Tatro’s Favorite Comment

"If you've got a squirt gun in your pocket, you may have to take it out. If you've got a bazooka and people know you've got it, you may not have to take it out."

- Treasury Sec. Hank Paulson
July 2008

Najarian’s Favorite Comment

"Existing-Home Sales to Trend Up in 2008"

-National Assoc of Realtors, Press Release
Dec. 9, 2007

Terranova’s Favorite Comment

"I love Goldman Sachs being the best of the breed with financials…they've been on the money with the oil call, I think they're going to knock the ball out of the park with what they report on June 17th."

- Joe’s prediction on Fast Money
June 3rd, 2008

Find out what the traders have to say about these outrageous comments. Watch the video now.

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Trader disclosure: On Dec. 30th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke Owns (MSFT), (TM), (WMT): Pete Najarian Owns (AAUK) And Is Short (AAUK) Calls; Pete Najarian Owns (DOW) Call Spread; Pete Najarian Owns (XHB) Call Spread; Pete Najarian Owns (ENER) Call Spread; Tatro Owns (JPM), (WPRT); Quint Tatro Is The Principal Of Tatro Capital; Tatro Capital Owns (INTC), (SDP), (DXO), (WPRT)’ Tatro Capital Is Short (AAPL), (GOOG), (XOM), (CVX)

Terranova Owned (GS) On 6/3/08; Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV)

Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (BIG), (OFC), (DLR), (EXR), (IGE), (MAC), (DBC), (DBV), (SKT), (UA), (CLB); Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights

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