mlyn

Tuesday Options Outlook: LEH, WM, AIG, OIH, DOX, TRA, SVNT

Funny . . . I thought it was the neoconservatives, the old wealth who are probably funding their foreign accounts in case Obama wins; While the rest of the 95% are stuck here if McCain wins

Don't Worry, The Banking System is Sound

www.moderateindependen...

The best and the brightest . . . they are crooks!

Senator Harry Reid: 'No One Knows What To Do'

We are losing the Iraq War be cause it's a sinkhole. Bush and Petraeus have just been playing with the American people about this surge: It's working or it's not working or we need more troops. They are buying time so that they can leave, and leave it for the next president to clean it up, get blamed for it . . . this country is done for.

www.moderateindependen...

The Nationalization of AIG

Herbert Greenberg was on the Charlie Rose Show. He was former Chairman and CEO of AIG until he was forced out in 2005 by Eliott Spitzer. His company has a 12% shareholder interest in AIG. He described AIG as a national asset because of its extensive insurance and finance interests around the world. He said risk management under his watch never would have led to a mark down in the rating.

AIG: The Cramer Conspiracy Theory

Cramer has said some things that were telling, at least from his standpoint. What he says about what Fed is doing or not doing, the lack of oversight by the SEC, and he has out and out stated that the markets are rigged. This video can be seen on the TheStreet.com just before the bailout of Fannie and Freddie. I don't think Cramer is a dummy and his opinions on the economy are a launching point for most new investors who usually begin here. But woe to those who do not continue to read other analysts and conduct the due diligence before trading.

The Problem With Investing in Banks

Thanks for this background on the banking industry.