hattryx

The Worst Is Over ... Again ... And Again ...

ah yes, magic. the final bastion of religious nuts and financial pundits. shake the black box long enough and the crystal ball shows you what you most wanted to see. open your eyes amigo. if you're scared here, you're either really young or really pessimistic.

The Worst Is Over ... Again ... And Again ...

oh and the ceo of any bank is much smarter than the author of this post. so are many of the reporters on cnbc. how long have you been following trends and how many contacts do you have who can give you numbers that wsj won't?

The Worst Is Over ... Again ... And Again ...

derivatives shouldn't matter because for every bank that takes a loss there will be a counterparty that makes a profit and a broker that makes commisions (equally offsetting). the bull is back. we're just waiting on a depression-styled magazine cover to make it official.

Auction-Rate Bonds Fail to Find Buyers

someone has just made a filthy amount of money on this. not me, but someone. sure wish it was me