Donald Johnson

The Real Wall Street Doesn't Deserve to Be Ruined

First, I've never owned AIG or the investment banks. Too risky, and I don't ride losers. I sell them. I'm ok because I'm a speculator, not a gambler. There is a difference.

Second, I can be as much of a market purist as anybody, but what's made America prosperous is our ability to adapt and innovate as well as put people who make bad decisions out of work and crooks in jail.

Third, my annualized returns since I got back into the market in a small way in early June are very positive. I'm making money, not just beating the averages.

Fourth, anybody who doesn't see how the Paulson plan is intended to help main street doesn't understand the markets or the economy.