Too Big to Bail: Lehman Brothers Is the Model for Fixing the Zombie Banks [View article]
Chris Whalen, of Institutional Risk Analytics, said: “What the investment shows is that Bear Stearns looks like good value at this level. Bear Stearns is a sound bank, I’m not worried about their future.
More on the Banking Backdrop: Never Before So Many Loans [View article]
I started buying my favorite financials this month and will continue until next year at this time...but then again, I was buying energy after the Enron scandal and everyone thought I was insane. I only wish I was smart enough to buy at the bottom, alas, I am not.
Too Big to Bail: Lehman Brothers Is the Model for Fixing the Zombie Banks [View article]
More on the Banking Backdrop: Never Before So Many Loans [View article]
Friday's Rally: Just a Short-Squeeze? [View article]
JPMorgan Boosts Bear Bid to $10 - NY Times [View article]
Smells like corporate welfare to me.
Wall Street Breakfast: Must-Know News [View article]
coffee, turn on CNBC, then Eli.....I know, I know, I need to get a life!