markg

Barron's Calls a Bottom

This is one truely asinine statement. The fiasco started with Mr. Blue Dress himself wanting to put every breathing person in a house, continued by a democratic congress applying heavy pressure to relax lending standards. And continued by the general ineptitude of Bernanke et. al. There is plenty of blame to go around, including but not limited to Bush.

The problem isn't Obama's length of term in office, its the fact he promised a solution, and all ideas proposed so far have been hopeless. He can't even nominate cabinet members who can be confirmed without problems. So far he hasn't done much to gain credibility. And I hope that changes soon.

A great deal of general greed and carelessness by the financial industries lead to the rest. This is the group that thinks passing paper and getting points is a value added business and they should get millions for playing the bigger fool game on a grand scale.

On Mar 09 01:42 AM User 372304 wrote:

> Let's see. Bush and cronies were in office for eight years and created
> this mess...in spades. And the wizards at Barrons have the audacity
> to call this the Obama Bear Market. Give us a break guys. He's been
> in office for less than seven weeks.
>
> If there is any hope...it's going to come from the practical, realistic,
> transparent policies of the Obama Administration. Wall Street deserves
> all of the pain they have created from Grasso to Madoff. It has become
> one crooked, corrupt place that deserves to go down, down, down.
> Then maybe we can start rebuilding a society based on truth, service
> and peace.

Crucell: Great Chance of a Buyout

I agree with Nick. Companies with cash like Pfizer and Merck are going to find alot of tempting targets

Wall Street Breakfast: Must-Know News

Sure Obama and company can whine belatedly about TARP money going for bonuses, but where was the oversight before this happened? What can they do now? Same thing they did before, nothing!

The money is gone and it is going to stay gone.