I have some unreal news. I am launching my new ETF portfolio on Monday. I filed all the necessary paperwork this morning and have been approved. It is oversubscribed already and being floated by Lehman. They said I was low risk and told me I was dumber…
Feds say nobody can dig more than 6 inches in the sand to look for oil.
Reporter Dan Thomas is confronted by a park service employee. He is told he can not investigate the beaches for oil, can not dig in the sand, that he should go to a ‘public beach’…
Link
We are living in denial.
http://mauibear.maui.net
Last week ended up morphing into another mania week as things were less bad than expected. In reality things still suck but no one cares and Ben said he will save us so I feel safe.
Back to the award winner. Billions of dollars of market cap were adde…
Allow me to rationalize my losses and quiet the little songbird on my left shoulder, which is singing “stupid, stupid, stupid” into my ear.
Housing allowed the last reflation to work. Housing can’t get us out of this one.
Look at National Net …
Gov’t seizes 3 failing wholesale credit unions
WASHINGTON — Federal regulators took over three key lenders to U.S. credit unions, after losses on mortgage investments threatened to topple them. The move was a reminder that parts of the financial sys…
The slight improvement in Federal tax receipts and outlays that I noted earlier in the week looks like it was a false alarm. But what about the Fed’s massive Treasury purchases this week. What’s that all about? Click here to download comple…
WSJ Exclusive: In 2008, European leaders convened a secret task force to stave off defaults by EU nations http://on.wsj.com/cUoGKS