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  • The Nefarious and Destructive World of TARP
    Spot on, Andrew!
    Dec 07 06:51 am |Rating: 0 0 |Link to Comment |View article
  • Pathetic Display at Yesterday's Financial Hearings
    Greenspan, a failure of monumental proportions. At least we can understand what he is saying now. And he is probably earning a lot more now that when he headed the Fed. It is pretty sick the way the world works. Maybe that is why we are heading for such an almighty fall.
    Oct 24 09:53 am |Rating: 0 0 |Link to Comment |View article
  • Negative Return on Investment on Paulson’s Moral Hazard
    Good article mate.
    Sep 25 22:31 pm |Rating: 0 0 |Link to Comment |View article
  • Capitalism: RIP
    Mate the Titanic is going down. They'll do anything and I mean anything to save the ship. Anyone with a brain should have seen this coming in August last year and now be sitting in a well provisioned lifeboat, watching this catasrophe unfold.
    Sep 22 07:31 am |Rating: 0 0 |Link to Comment |View article
  • A Paulson Fan's View of the U.S. Mortgage Company
    What you seem to be conveniently overlooking is that Hank is the former head of Goldman Sucks and hence one of those masters of the universe who created this abomination. How much did he make, tax free I believe, was it $600 million? Hank like a lot of the other genius bankers and merchant bankers got into his gold plated luxury lifeboat stuffed with money and sailed away from the SS Ttianic before it even hit the iceberg. Good on you Hank!!!
    Sep 20 01:25 am |Rating: 0 0 |Link to Comment |View article
  • A Turning Point for Financials
    I think you're right smarty pants.
    Sep 19 10:09 am |Rating: 0 0 |Link to Comment |View article
  • The Financials, the Automakers, and the Call That Cramer and All of CNBC Got Wrong
    Andy I don't know why you bother with an article like this. Cramer gets it wrong again and again and again but if you dare to point this out his loyal fans will rush in and defend him to the hilt. People of low intelligence need their gurus and they infuriated by people who criticise their infallibility. I am just waiting with baited breath for Ben Stein's next offering about how it's really not that bad and if we all just hang in there and believe then everything will be just fine.
    Sep 18 10:52 am |Rating: 0 0 |Link to Comment |View article
  • History Suggests the Financial Bottom May Be Near
    History suggest you shouldn't trust anyone who calls a bottom or suggests a bottom is near, like you.
    All I see is things getting worse, a lot worse.
    Sep 16 10:42 am |Rating: 0 0 |Link to Comment |View article
  • The U.S. on the Precipice
    Well said User 154216. America spends hundred of millions of dollars on the process of electing a President and you end up with someone like George Bush, an amiable dill who apparently has an MBA from some fancy university but freely admits that "economicks" is not his strong suit. His 8 year tenure has been an unmitigated disaster for America but it looks like he is going to be replaced by another Republican. I guess you get the politicians you deserve.
    Sep 15 06:00 am |Rating: 0 0 |Link to Comment |View article
  • Why Treasury Shielded Frannie's Sub Debt
    Any thinking American should be very worried about the future, Chris.
    Sep 11 14:16 pm |Rating: 0 0 |Link to Comment |View article
  • Can the US Government Afford Future Bailouts?
    I really don't know why you call yourself "Prudent" because that is a serious misnomer. As for your ramblings, I went back and had a look at what you've had to say about Freddie and Fannie in the past and you have been very consistent, CONSISTENTLY WRONG! I suppose if you keep on trying one of these days you might actually get something right but I wouldn't hold my breath.
    Sep 10 06:45 am |Rating: 0 0 |Link to Comment |View article
  • The Weekend American Capitalism Died
    Good article Markham. What you have is more like crony capitalism. Let's face it, America could best be described as a plutocracy, a country run by the rich and well connected for the rich and well connected. Clinton admitted as much, when she said she wanted America run for all and not just the rich and well connected. Whether any politician could actually achieve that is very doubtful.
    Sep 09 06:16 am |Rating: 0 0 |Link to Comment |View article
  • The Fannie/Freddie Nationalization: Conservatives Acting Like Socialists
    Great article. This market has a decidedly "Sodom and Gomorra" feel about it. Cramer has a piece out this morning explaining which banks will benefit the most by being able to offload their toxic waste into Fannie and Freddie and onto the taxpayer. And investors are boring in to get their share of the swill. Just how long can this disgusting despicable behaviour go on for?
    Sep 08 13:17 pm |Rating: 0 0 |Link to Comment |View article
  • Problematic GSE Bailout
    In August last year it was apparent that this financial market did not have a shred of credibility and that revelation is being reinforced time and time again. Where will all of this end? Well if it is not in a catastrophic disaster, the world can count itself very lucky.
    Sep 07 09:14 am |Rating: 0 0 |Link to Comment |View article
  • Bill Gross: 'Pick Me! Pick Me!'
    Very good article and very good comments. You'll know when things have taken a turn for the better when people like Gross, the name fits, actually step up to the plate and take responsibility for their actions instead of looking for those who did the right thing take the fall for them. I wouldn't hold my breathe because that just aint the Wall Street way.
    Sep 05 11:31 am |Rating: 0 0 |Link to Comment |View article

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