venividivici

Pathetic Display at Yesterday's Financial Hearings

Greenspan, a failure of monumental proportions. At least we can understand what he is saying now. And he is probably earning a lot more now that when he headed the Fed. It is pretty sick the way the world works. Maybe that is why we are heading for such an almighty fall.

Another Leg Down for Financials Is Coming

I have seen many very intelligent financial people describe the problems bedeviling the financial markets as the worst since the great depression.
People in this industry invariably try to put a silver lining on everything that happens because confidence is such an important element. The fact is these problems are enormous and the ramifications are mind boggling. Does any thinking person truly believe that the share market reflects this?

Is Countrywide Financial Headed for Bankruptcy?

Kostya you just landed a knockout punch! Well spotted. Make them accountable.

The Worst Is Behind Us (unless massive bank failure is considered a bad thing)

Good article Reggie and good letter fxtrader. You have to be aware of the dangers but still keep you eyes open for the opportunities.

The Coming Crash of 2008: A Result of Overleveraging

Good post. I am no doomsdayer. I did fantastically well trading the market last year. But I agree with you. There is something very ugly coming down the track.