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  • Should CEOs Sit on Other Companies' Boards? [View article]
    Actually, I think the main reason they sit on boards is because CEOs use the positions to pump up the "established market value" of CEOs
    Apr 23 16:21 pm |Rating: +6 -1 |Link to Comment
  • Easing of Mark-to-Market Rules: Good for Banks, Bad for Investors [View article]
    Ah, the old joke:

    Client -- "what is 2+2?"
    CPA -- "what would you like it to be?"
    Apr 02 13:21 pm |Rating: +7 0 |Link to Comment
  • Is Goldman Tempting the Interest Rate Black Swan with 1,056% Risk Exposure? [View article]
    Why worry? If they lose, we'll all pick up the tab. If they win, they keep it all. What's not to love?
    Mar 31 17:20 pm |Rating: +9 -1 |Link to Comment
  • Foreclosure Moratoriums: It's Time to Get Real [View article]
    > I don't fully understand the reasoning behind the objections here.
    > Who is going to buy the house in foreclosure?

    Someone who can afford it.

    What of the family
    > that lives there?
    They should find something they can afford, not have ME subsidize their bad decisions when I deliberately turned down offers of bigger house/mortgate in order to force myself into something I can afford.

    > These families had to live somewhere and most picked the option that best suited their financial and familial needs. It was hard to foresee
    the mess that came.

    No, they didn't HAVE to have that house, they PREFERRED that house to the other more affordable alternatives

    > Does a mistake or a miscalculation or a decision made of necessity remove their right to a little help now to survive the storm so that we don't have to deal with the fallout later when the market turns around?

    See above. People should live with their bad decisions, not force me to subsidize them and essentially penalize me for being responsible. I am LITERALLY going to be subsidizing profligate neighbors -- I will live in a lesser house AND help them pay for a better house... because I made good decisions and they made bad ones. That is NOT FAIR.

    Feb 15 13:50 pm |Rating: +21 -1 |Link to Comment
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