The Fed along with the Government did everything they could to engender capitulation last week. As far as the the whole short-selling debacle goes, where do you draw the line. I was reading this piece over the weekend wondering what happens next?
How High Leverage Has Brought Down the Whole Banking Industry [View article]
What ever happened to free market capitalism? Why is the govt. jawboning and intervening. Don't we need some failures. A strong economy is formed by weeding out the weak links. It's like little league baseball when you had to play the fat kid for 3 innings! Let the market run operate freely please. This was a good piece on this topic i saw today.
The ABCs of the Fannie Mae / Freddie Mac Problems [View article]
I think there will be a bailout. Paulson wasn't stern enough in his stance. I was just reading this piece and I tend to agree. There was another article up on SA today that summarized this well. Time will tell.
Mother of All Short Squeezes? [View article]
www.greenfaucet.com/th...
How High Leverage Has Brought Down the Whole Banking Industry [View article]
www.greenfaucet.com/tr...
Beware of Sending Fannie and Freddie Stock to Zero [View article]
The ABCs of the Fannie Mae / Freddie Mac Problems [View article]