malach hamovess

Madoff's Curtain Call: Sell When Transparency Is Absent

Tough act to follow, but how about this:

There is still no way for accountants to determine the dilution effect to participants in the Treasury bailout; everyone will be giving some warrants, etc.; but how and when they negotiate Treasury bow-outs from their companies will affect the dilution from these equity-lite deals. And the arbitrary manner in which Treasury can assert itself regarding these warrants makes it impossible to assess their impact on future earnings.

Wall Street Breakfast: Must-Know News

the g-20 summit meeting will denounce bank failures and vow a pledge to improve their economies.

it will be as effective as UN resolutions condemning Israel's occupation or of Senate resolutions honoring mother's day