vboring

Should Wall Street Have Saved Itself?

some poorly run institutions choose to compete with each other to be the most idiotic for their own backwards reasons.

they choose to do it. nobody forced their hands.

Should Wall Street Have Saved Itself?

yeah, look at BRK, which chose to sit out both the tech bubble and the housing bubble. their shares aren't worth the paper they were printed on.

oh, wait.

sarcasm doesn't translate to text well, but that definitely was sarcastic.

The Credit Crisis and Potential Shorts

could still be a good time to short international financials. the best domestic financials to short would be those that will be hurt by declining commercial real estate loan performance.

far too few people are talking about the real estate bubbles that happened in most of the rest of the world.