Sounds like securitization gone awry, right? Nassim Taleb tells Charlie Rose that banks are going to be no different than utilities. Mr. Taleb also points out that we should no longer be, “Privatizing gains and socializing losses.”
That is definitely the sweetest words I have heard in a long...
Some of the more interesting and important items for January 16th :
EU Hits Microsoft With New Charges – This is going to be one of the ways that the EU creates more assets to hand out to the banks. In some circles this is called "washing money"
Intel Plans to...
Here is the 11th conversation I had with John C. Dvorak . new insights for anyone who invests in anything. What to do? This chat is not produced and is presented as-is for anyone who wants to listen in.
We discuss Apple‘s responsibility regarding Steve Jobs.
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Click HERE...
In a true test of David versus Goliath, the mutual fund industry is withering as newer and more nimble ETFs are continuing to gain market share. It is no wonder as the idea of a 4pm trade time in a market that is volatile beyond measure has most investors...
Maria asks: “…Is the worst ahead”
Paulson: ” …I wouldn’t comment whether the worst is ahead”
Clearly the recovery is no where near as Paulson does not state anything at all that provides and indication that he knows. Also, do you notice that Paulson artfully dodges the answers as to “bank lending”...
