mals

Notes on a Scandal: High Dividend Investor's Survival Guide to This Unsustainable Rally

"An excellent article, except for the last paragraph:
I'm being perfectly serious. It's quite conceivable that shorting financials could again be banned, more one time profits manufactured, etc. Remember, when Wall Street and Washington band together, it's risky to get in their way. Who said life was fair?"

Can you really predict what the consequences would have been, it Washington had not interfered and rescued the banks and the auto companies? With a year away from retirement and my 401K down nearly 40%, I feel that the government (both Republican and Democrat) did the right thing.