Ken Lewis on Bank Accounting: Sensible Talk from a Surprising Source [View article]
The only alternative to mark to market is mark to myth. That is what got us here in the first place. You can only play hide the weenie for so long. We know the crap sandwiches are there. Denying they exist thru elimination of mark to market is disingenuious at best.
Keep it up Tom, your pollyanish bleating on behalf of these deadman walking banks will be the financial death of your followers.
Ken Lewis on Bank Accounting: Sensible Talk from a Surprising Source [View article]
Keep it up Tom, your pollyanish bleating on behalf of these deadman walking banks will be the financial death of your followers.
Market Bloodshed May Almost Be Over [View article]
After you wrote this article C traded with a 4 handle. Even with the Dow off its lows.
Thank goodness no one seems to be following your sage advice. How's that day job working out?
Young Jeezy's 'The Recession': I Think We’ve Bottomed Out [View article]
Terrance, don't give up your day job.