User 275554

Credit Risk: Capitalism's Big Problem

The Federal Reserve is Guilty of Helping Create the Global Financial Meltdown

Many investors and concerned citizens around the world are showing their outrage at what the Federal Reserve has done to the American economy with their easy money policies which caused the credit & real estate bubble and subsequent global financial meltdown.

Join the thousands who are signing & commenting on the Abolish the Federal Reserve Petition at www.petitiononline.com...

Buffett and Cramer Agree: It's Time to Buy Stocks

Many investors and concerned citizens around the world are showing their outrage at what the Federal Reserve has done to the American economy with their easy money policies which caused the credit & real estate bubble and subsequent global financial meltdown.

Join the thousands who are signing & commenting on the Abolish the Federal Reserve Petition at www.petitiononline.com...

Bank of America's Acquisitions: What Was Ken Lewis Thinking?

What was Ken thinking? He was following the same line of thinking as the heads of AIG, Lehman, Wachovia etc. Ego, compensation and corporate legacy have blinded all these guys to the downside risk of their actions and now the chickens are coming home to roost in the current crisis.

I fear the value of Bank of America stock is going to ZERO! Just wait and see. They will either fail, merge for a couple of dollars a share or become a government owned and majority controlled financial institution with the work ethic and competency of the US Post Office. A sad state of affairs for such a great bank.

I am a stockholder and spent 25 years in the investment business and retired as president of a small US brokerage firm.