My First Inductee into the Investor Hall of Fame [View article]
That first comment shows how warped the investment world has become. He is taking the easy way out because he will already have set up offshore funds, totally untraceable, for the family he is trying to save and who may or may not have been involved. Hes trying to 'retire' and shouldnt even be out on bail. CNBC running news flashes on him while running TV noir show music from the fifties as if its humorous is anything but funny. Those great business 'educators' have a lot further to fall and a great deal to learn about these people they have lionised.
What will happen is the following - republicans rebel, CNBC starts to talk about Obama 'losing it' and 'shouting', Mc Cain is photographed going to meeting with rebels, deal is announced Monday, stocks rise, stocks slowly fall slowly on economic data, stocks fall fast when 700bn seen not enough because noone buying houses. But at least Goldman Sachs is there to pick up the pieces.
The Presidential Speech, in Context [View article]
Cramer, whose career arc now looks like what will soon happen to the markets, recently spoke of 'financial terrorism'. In fact the railroading of this bill is the 'financial terrorism'. It isn't enough, they know it but they want to save themselves before Main St.
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Latest | Highest ratedMy First Inductee into the Investor Hall of Fame [View article]
How to Start Your Own Hedge Fund [View article]
Why Friday Came Early [View article]
The Presidential Speech, in Context [View article]
SEC Bans Shorting Financials [View article]
What About 'All That Cash on the Sidelines'? [View article]