3 Things America Needs to Do to Get the Economy Back on Track [View article]
@humblemaster
The basic ideas of what you're saying looks correct, but your math seems to be off. Remember that percentages are multiplicative not additive. (i.e. 50% gain + 50% loss is not back to even)
The Mess on Wall Street: $4 Trillion Down the Drain [View article]
Well, let me add: Don't forget to mention that the CEOs and senior management of these companies made millions of dollars of profits/bonuses/salary over the past few years, and even if they don't get golden parachutes, they've already made their money.
@junkyarddog - if you were nearby, I'd offer you a shot of whiskey to go with that cup of joe. I absolutely agree with what you're saying as well as the sentiment of Mr. Davis's article.
3 Things America Needs to Do to Get the Economy Back on Track [View article]
The basic ideas of what you're saying looks correct, but your math seems to be off. Remember that percentages are multiplicative not additive. (i.e. 50% gain + 50% loss is not back to even)
The Mess on Wall Street: $4 Trillion Down the Drain [View article]
Is It a Time for Panic or Profit? [View article]
Is It a Time for Panic or Profit? [View article]
Options Trader: 9/11 Redux [View article]