Bulls make money, bears make money, pigs get slaughtered, Cramer must be swooning. Yet what did Gordon Gecko do? He had some guy followed around to figure out what he was up to. Big deal, good for him. He bought a company and decided it was worth more broken up. Ok. So he went to jail. Yet the real thieves have gotten off scott free. The Ceos of Lehman and Bear Strearns and Merrill lynch, and Bac, etc, were able to securitize mortgages with basically no DD and churn them off and continue to ponzi them until the bubble burst. They get to keep their multi millions. No criminal charges are being sought. Thanks SEC. Go after the Martha Stewarts. [more]
Just amused me that I log on and the last three posts I read are by Alstry, Binve and Arbitare.