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  • Wall Street Breakfast: Must-Know News [View article]
    Banks get 10 years to comply with capital rules that take effect in 2012. Guffaw.

    MSM et al reported Henderson was ousted at GM because he was too old-school, insider at that company. Actually, he was the scapegoat for backing out of the Opel sale. Prime Minister of Germany Merkel was visiting the US when the deal was canned. Supposedly they will look for a more "dynamic" leader. Of course, that leader will have to please Washington and the unions.
    Dec 16 11:06 am |Rating: +2 -1 |Link to Comment
  • Some Thoughts on Leveraged ETFs [View article]
    I don't see a rebuttal of the main point here: That leveraged ETF's are being touted as perfectly for and track well, long-term. Yet, the user is supposed to figure out on their own that the claims are false.
    Good example of Wall St. today. Be ridiculed by experts for not asking questions on your own to discover the falsehoods in a prospectus, then, don't ask questions when it's time to pony up a couple of $trillions for their mistakes.
    Aug 10 11:48 am |Rating: +2 -2 |Link to Comment
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