Your Daily Profit April 22, 2009 *****The Quiet Coup *****Newsletter Advisors Fellow investor, Toxic Asset Profits In Act 1 of the Recession, AIG "whiz kid" Joseph Cassano killed the US economy with risky, hyper leveraged investments, while pocketing hundreds of millions for himself. Now the...
Dear Reader, The Las Vegas taxi driver was an old fifty-something, with a mullet hanging out of the back of his battered baseball cap and a potato sack gut hanging over his belt. Having driven a cab myself, long ago and far away, I habitually engage in cabbie chat, as I did now. “So, how’s biz?” “Horrible...
.........But First, A Word From Our Sponsor.......... Our 3rd Quarter numbers are in. And the news-as expected-is quite good. Thanks to our balanced business model, EverBank® continues to grow and prosper despite challenging market conditions. During the 3rd Quarter of 2008, we solidified our place as...
Posted to
Daily Pfennig
by
Chuck Butler
on
03-02-2009
Filed under:
Filed under: Employment, Dollar, Bailout, Euro, Canada, Carry Trade, GDP, Eurozone, AIG, Eastern Europe, John Taylor
September 26, 2008 Dear Readers, What a world I have returned to from my cloistered retreat at the beautiful Vivenda Miranda , scenically situated on a cliff outside of the quaint port town of Lagos, Portugal. Everything has changed. Everything is changing. The storm we have so long tried to help you...
Posted to
The Room
by
David Galland
on
09-30-2008
Filed under:
Filed under: Economy, Presidential Race, Credit Crisis, Politics, Government, Gold, Ben Bernanke, Recession, The Fed, David Galland, McCain, Economic Forecast, Bailout, Henry Paulson, AIG, Ron Paul, Sara Palin, Donald Grove
The weekend has brought us events that can only be described in large, over-the-top terms. The Fed agreeing to take equity on its balance sheet? How bad can things really be? Clearly much worse than most people thought last Friday. Moral Hazard has been re-introduced as Lehman is allowed to go down....
Posted to
John Mauldin's Outside the Box
by
John Mauldin
on
09-15-2008
Filed under:
Filed under: Michael Lewitt, Barry Ritholz, Economic Forecast, Bear Sterns, Financial Crisis, Fannie Mae, Freddie Mac, Bank Failures, Lehman Brothers, Bailout, AIG