Just talked to my friend over at Legg. He said this guy called the bottom after the BSC collapse too. I lol'ed. http://www.reuters.com/article/hotStocksNews/idUSTRE4B276820081203 NEW YORK (Reuters) - Legg Mason's star stock-fund manager Bill Miller said on Wednesday the "bottom has been made" in U.S. equities and that the Federal Reserve should consider purchasing stocks and junk bonds to pull the United States out of the financial crisis. Speaking at Legg Mason's annual luncheon for media, Miller said that all long-term investors believe that stocks today are cheap.
Oh boy...next Mr. Miller will tell the Fed to buy his ill-fated stake in Fannie Mae and other financial garbish he bought on the way down.
what a fucking clown. I swear the baby boomers who run this country have there heads stuck so far up there entire asses well never eve get out of this mess