Glen60

Red Meat for Goldman Conspiracy Theorists

Just remember, Davewmart, Greenspan didn't want fraud prosecuted, said "market" forces would take care of it & it doesn't appear any one else is so inclined. Viva la fraud.

Why I'm (Cautiously) Optimistic About the Future

I too was cautiously optimistic...that is...until I watched the Alex Jones film "Fall of the Republic". A sobering look at the sorry state of affairs facing this nation.

A Year After Lehman: We Remain at Risk

Still would like to know who naked short sellers were in the demise of both Bear Stearns & Lehman Bros., six months later.

Wall Street: Dumb as It Ever Was

Wall street isn't dumb, only the betters. You'll get better odds at your local casino.

This Week's Recap: Goldman's Sucker Punch

Meltdownman,

Thanks for the link to the Frontline program. Incredible !!! Without fear of prosecution for fraud, these firms will clean our clocks. I bet Ivan Boesky & Michael Milikan wished they had operated in this environment. Senator Phil Graham was one of those politicians that helped repeal the Glass Stegall act, in 1999. Larry Summers was against regulating hedge funds in 2002. What an astute, and honest lady, Brooksley Born is. They chewed her up & fed her to the lions. To my knowledge, no one was ever identified as the naked short sellers responsible for the demise of Bear Sterns. It was so successful that a mere 6 months later, they did the same thing to Lehman Bros.

The Secret Paulson-Goldman Meeting

Still haven't heard who the naked short sellers were in the demise of Bear Sterns or Lehman Bros. Presumably never will. Anyhow, two of GS's biggest competitors were eliminated. No wonder Warren Buffet felt confident In investing $5 billion in GS, last fall. Go with the money and clout.

How Galleon Got (and Lost) Its Edge

What is the big deal about paying an $800,000 fine on a million $ profit? Heck, I could do that all day long, maybe even several times a day. Fines mean nothing, only an excuse not to get caught in the future.

Beware the Current Bull Market in Derivatives

Is this the same Citi that was recently on the precipice of bankruptcy? Where are they peddling the crap, and who is rating?

Should You Invest in Banking Stocks?

and here, all along, I thought gambling was the province of casino's. Place your bets.

Things Aren't All Golden at Goldman Sachs

GS will just repackage the Level 3 assets, & with the help of rating agencies, pawn them off to unsuspecting cuustomers. Whats new?

S&P 500: Fundamental and Technical Convergence

Give one good reason to buy the S&P @ 130 X earnings, aside from hype, go with the crowd mentality?

Historical P/E Ratios and the Stock Market

Are you telling me I should buy, even though the S&P 500 is selling with a P/E ratio in excess of 125? Me thinks better odds can be had at the local casino.

Nouriel Roubini and the VIX

Who, in their right mind would buy a P/E at 130??? I can get better odds at the cassino.

Fear Is Driving the Markets Higher

Is there any economic rational for investing in this market? Think I have better chance at Vegas.

S&P 500 Put / Call Ratios Turn Precarious (Again); Risky Summer Rally Beginning?

Who is buying with P/E ratio in excess of 123