Ps. The preponderance of investment professionals desperately trying to spin this crisis, as they sense their careers going down the dumper, is pathetic.
The Worst Is Over ... Again ... And Again ... [View article]
BTW when I say the reporters at CNBC are "at risk" I mean that their livelihoods depend on a thriving stock market. They will do anything to keep this game going and have been blatantly biased in downplaying negatives and hyping anything remotely positive.
The Worst Is Over ... Again ... And Again ... [View article]
And he didn't even mention Citi's about face after claiming they didn't need capital. As for why attention hasn't been drawn to complete lack of credibility of these investment banks in the mainstream... it's obvious... The whole stock market system has degenerated into nothing more than a media driven shell game. Every one of the "reporters" at CNBC is at risk if the "truth" about the financial system, and hence the economy comes out.
Financial Crisis: Getting Old [View article]
The preponderance of investment professionals desperately trying to spin this crisis, as they sense their careers going down the dumper, is pathetic.
The Worst Is Over ... Again ... And Again ... [View article]
The Worst Is Over ... Again ... And Again ... [View article]