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Stonewall Scores Again- Professional Edition

Watching Secretary Tim “Stonewall” Geithner shuck, jive, and obfuscate before the Congressional Oversight Panel was sickening and disgusting to anyone who has a clue of what’s going on, but old “TurboTax made me do it” obviously impressed investors, who in the main continue to be clueless. Geithner even smirked that he had never worked in the investment banking business, which misses the point that he has acted as a Street government agent and flunky throughout his career, especially in his recent role as head of the NY Fed. It is so disheartening to watch our future and the future of our children go down the drain at the hands of these psychopathic manipulators and their Wall Street clients. Nothing has changed, which convinces me that the market will have another crushing down leg.

Eventually.

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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