Dear Friends: The hottest media topic of the New Year is the Israeli-Palestinian conflict in Gaza. And as I was reading the New York Times on Tuesday, I came across this sentence in one of the articles that was staggeringly truthful and more than a little unsettling in its implications for me as an investor...
Posted to
John Mauldin's Outside the Box
by
John Mauldin
on
01-08-2009
Filed under:
Filed under: Middle East, George Friedman, Oil, Stratfor, Geopolitics, OPEC, Iran, Persian Gulf, Israel, Intelligence, Saudi Arabia, Israeli-Palestinian Conflict, Gaza
As various companies go hat in hand to Washington for a bailout, a recurring topic is what guaranty do the taxpayers get that they're not just throwing more money down a hole. Good question. Who wants warrants or preferred shares if the company is doomed anyway? What you're seeing take place...