January 07, 2009 –
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RELATED TICKERS: AIG
, C
, AXP
It drives me crazy, but people keep talking about the recession like it's almost over, but not many people are aware of a problem so large that it dwarfs any potential private bankruptcy. I’m talking about the implosion of the American financial structure itself. [more]
December 30, 2008 –
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RELATED TICKERS: AIG
, WFC
, BAC
[more]
December 05, 2008 –
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RELATED TICKERS: V
, F
, BAC
I'd like to preface this article by pointing out that I know I am under 20%, but I am confident that I will be back above 99% within about a month after the hot air gets let out of the market. [more]
November 21, 2008 –
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RELATED TICKERS: AXP
, V
, MA
Recently, I’ve been very troubled about how people in my generation have been behaving with respect to their futures. I don’t want to sound like my grandfather, but we really are turning into a generation of dilettantes, lay-abouts, and twenty five year old children. I am terrified that in the next 1-3 years, bad credit card debt will be up alongside of bad mortgage debt, and that my generation will be largely responsible for it. [more]
November 20, 2008 –
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RELATED TICKERS: F
, GM
, TM
In a stunning example of camaraderie, the UAW workers and Management of the big three car manufacturers have come together to beg for their jobs. As opposed to the standard impassioned plea, threaten and scare tactics have been decided upon. The way mister Gettlefinger demands that the government hand over a pile of money by claiming "inaction is not an option" seems to be an interesting way of apologizing for destroying two American Icons through repeated excesses of greed and ineptitude. [more]
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