logicalthought

The Facts Indicate We're Not in a Depression or Bubble

>>One final point is that Warren Buffett's favorite indicator is very bullish right now.<<

You're referring to the "market cap to GDP" ratio, which I would say is an extremely misleading metric these days due to the now-massive "public debt-to-GDP" ratio. As an aside, I guess Warren must have a lot of "favorite indicators", because the one I recently heard him cite was related to "rail freight", which has been God-awful lately. Of course, both of these latter two "indicators" ("excessive public debt" and "rail freight") have extremely negative connotations for Warren's ABSOLUTELY favorite "indicator"... "Profits".

Cramer Hammers AIG Founder Hank Greenberg

Cramer and Greenberg deserve each other, as they're both experts in rewriting history.

Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans

Cetin,

You post hundreds and hundreds of the most inane and generally unsubstantiated comments on this entire web site. Instead, why don't you just crawl back into your basement "office" in mom and dad's house and try writing a novel or something?


On Apr 14 09:21 PM Cetin Hakimoglu wrote:

> You also don't like the bonusses either I take it?

Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans

There was a time when today's pump-and-dump job would have been "beneath" Goldman, which had always prided itself (under Weinberg) as being the classiest firm on the street, in terms of ALWAYS putting its clients' interests ahead of its own...

Oh, wait second...

Seeing as Goldman underwrote its own deal, I guess it DID put "the client" first!