I don't think we need transparency per se. I think we need Congress to give Bernanke the power to take over AIG's and C's bad assets and sell of the parts. He specifically told Congress he needed this power to act to solve once and for all the credit problems, but Congress has not acted. Could it be that zombies continue to pull strings in Congress. Wouldn't surprise me.
While Financials Drag Markets Down, Five Ways to Stay in Play [View article]
That's it! I'm calling this the bottom. Why? Who knows. Why not? It seems like many people have called one bottom per month. Really, I'm not kidding. This is THE bottom. It's not gonna test or go sideways either or go straight up -- no "L" and no "V" and no "W", maybe a "Z" or a "B" and a "MACD."
AIG Needs Transparency, Now [View article]
While Financials Drag Markets Down, Five Ways to Stay in Play [View article]