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leaderoftheback (90.04)

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CAPS is CAPS and Fools can be Fools

June 05, 2009 – Comments (0)

As I was fishing around for some thing or other, I came across one of these CAPS promotional posts, titled A 1 in 100 Investor.    [more]

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Highland Capital CDO Fund Is Insolvent, Wiping Out Investors

February 20, 2009 – Comments (0)

Investors wiped out...only enough left to pay creditors.  Creditors?  What significant creditors could an investment fund have?  Did they never pay their transaction fees?  What else is there?  Well, I'm sure the fund's managers were wiped out, too...totally penniless now.  Golly this is bad.

 

This is a Bloomberg headline, by the way...and their content...don't wants to go to copyright prison. 

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Buy Local, Sell Global; Trade Protectionism and Community Vigor

January 31, 2009 – Comments (2)

Buy local, sell global has been my personal mantra for quite some time.  There is much hand-wringing of late over the ascendence of trade protectionism in thought, if not in action.  It will be a problem if national barriers to trade are thrown up.  However, that is not antithetical to a personal decision to buy "locally."  Trade barriers are simply akin to legislating morality.  We all need the free choice to buy cheap, or buy quality, buy from our friends and neighbors, or to make a conscious decision to not support someone who does not support our own selfish interests.  [more]

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My, how things have changed

December 17, 2008 – Comments (0)

Long Term Capital Management lost 4.6 billion dollars and required a rescue to keep the global financial world from collapsing.

 

Maddow- Way more than 4.6 billion, and? 

 

Is there an elephant in the room? 

 

 

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A reply to Mike

October 03, 2008 – Comments (1) | RELATED TICKERS: CHK

Since one or two people out there have nothing better to do than to read my blog, I'll post this for all...Mike is a regular poster on the CHK board.  He has of late been lamenting the collapse of our favorite stock (favorite like a big wild rollercoaster!!!).  Mike is very smart and the CHK discussion board has the best writers I've yet found; so all y'all check it out!  The lessons of CHK apply across the board.  I appreciate all comments.   [more]

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