That quote is from <i>former</i> Fed Governor Lyle Gramley, not Bill Poole. No sitting FOMC member would tie their own hands like that. Martin
I've been bearish on housing and financials for quite a while and I'm making bank on this downturn. July was my best month in a long time, and...
I short quite a few illiquid stocks, so I see forced covers more often than most. I generally get about three or four forced covers a year. It's...
Nice job of backpedalling, AAA. Good to see you agree with me and disagree with your own post! :) For my part, I agree that entitlement...
Hell yeah. If you can't afford $362,875 of Berkshire Hathaway, you shouldn't be trading. Fucking odd lot pikers. Martin
He's the Comptroller General and director of the Government Accountability Office. http://en.wikipedia.org/wiki/Comptroller <i>A comptroller...
I'm pretty bearish and cynical about Wall Street and its BS, but that article is a poor and shallow excuse for analysis. Invective like that gives...
What a crock. Republicans, like the Germans I guess you could say, were poor judges of character. But once Bush's character flaws were revealed...
http://www.parentstv.org/PTC/publications/release/2003/0430.asp http://www.parentstv.org/PTC/publications/release/2003/0303.asp...
Wow, you'd think that after bringing us 8 years of George W. Bush, you guys would have found a little humility. Maybe a change of heart is too...
Solving trade problems with military power is like doing open heart surgery with a broadsword. A poor choice even in the last resort. So, what...
Oh sure. By that standard we can destroy the economy of pretty much any industrialized nation. The cost to the US and the world economy would be...
We can call it confiscation, but foreign buyers of US debt will call it default. I can't think of a faster way to turn the US into a third world...
Hear, hear. Of course if things get bad enough we can just go to war with them. Last time that happened we ended up retreating from the Yalu...
As a liberal, it pains me to say this, but I agree with every word. This is one issue where Congressional Democrats are and always have been on...
Fortunately Republicans would never try to legislate morality. Just those damn liberals. Martin
You and Paulson are apparently the last two people in America who think our problems are limited to subprime. Subprime loans are mostly 2 year...
The best explanation I have heard is that the high end of the residential housing resale market is still moving, whereas the mid and low end...
You guys aren't being creative enough. Get ahead of the game. The time to short the subprime lenders was when the homebuilders were getting...
<a href="http://www.callwriter.com/newsletter/images/cfc-insidertrading.jpg">Like mad.</a> 8 million shares in 2007 alone. That's 1.5% of...
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