NoFate

How NOT To Think About Investing

It is not about counter-party risk ...it is about transparency.

When we can finally read a financial statement for a bank without worrying about "mark to myth" or off the books SIVs ...and actually figure out what they are worth... then there will be no counter-party risk.

It's good to see that you are finally bearish Jeff ...too bad you are still not understanding the root problem.

Analysts See Dow Rising Sharply in 2008

"We have often pointed out that analyst price targets should be taken with a grain of salt."

Ummm ...should be taken with a salt mine in this case.

Interesting article, but it seems the main conclusion is how laughable analyst's price targets really are.