Making the whole affair, a typical power play, by the banks. Way to regulate Geithner. We have nothing but confidence in the banking system now. What's on tap for next week? Will every government official be on TV claiming the banks are great, until they have time enough to secure second offerings? Tell me one large investor that will be fooled, outside of the government?
Computer errors have given us the Bush Presidential win in 2000, and the final 500 point drop on Monday. Without computer-generated, "weather models" we would have never been able to deduce the presence of global warming, and now that we have, instead of just commenting "it sure is hot this year", we are neurotically color coding and commenting on every fraction-of-a-degree change in climate. Computers are responsible for the majority of space program "glitches", costing us millions of dollars....and yet here we are, letting them sit on our laps, as if everything is cool. Don't say you haven't been warned....because you haven't. I was just making some observations....
Bank Stress Test: The Cheat Sheet [View article]
online.wsj.com/article...
Making the whole affair, a typical power play, by the banks. Way to regulate Geithner. We have nothing but confidence in the banking system now. What's on tap for next week? Will every government official be on TV claiming the banks are great, until they have time enough to secure second offerings? Tell me one large investor that will be fooled, outside of the government?
What Just Happened to Google? [View article]
I'd Rather Hang Myself - Cramer's Mad Money (9/16/08) [View article]