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

Wall Street, R.I.P. Now What?

Me thinks that John Perkins, the author of "Confessions of an Economic Hit Man," should weigh in on this debacle. The urgency of Paulson and Bernanke when they reported to Congress that we need broad powers and and a blank check--right now!--seems suspect. Kinda like the "9/11" of financial hits--except it's the American middle class that's getting hit. The people at the top just need to tighten their belts, sell their ten cars, give up vacations at Vail, CO . . .

Wall Street, R.I.P. Now What?

Me thinks that John Perkins, the author of "Confessions of an Economic Hit Man," should weigh in on this debacle. The urgency of Paulson and Bernanke when they reported to Congress that we need broad powers and and a blank check--right now!--seems suspect. Kinda like the "9/11" of financial hits--except it's the American middle class that's getting hit. The people at the top just need to tighten their belts, sell their ten cars, give vacations at Vail, CO . . .

The Problem With Investing in Banks

Thanks for this background on the banking industry.