Your favorite Reformed Broker‘s taking a much-needed day off today. While you’re reading this, I’ll be at an amusement park with the family going for a world record in funnel cake eating/ roller coaster riding. Below are some recent posts I did that you may have missed. If you saw them all already, then I’ll…
September 2009
Did We Fall Off The Bull Today?
[youtube=http://www.youtube.com/watch?v=T5ZrTO7yRYI] Nasty bank failure/ secondary rumors all day today… Banks down 4.5%, Oil back under $70, AIG down another 8, Dow down 180 points with a little more than an hour left. Guess we’ll see.
Dear Deadbeat States, Please Pay Your Mortgages
I don’t like to point fingers or anything, but it seems that in July 2009, only 7 of our 50 states were responsible for 67% of the nation’s property foreclosure filings. That’s right, two thirds of the foreclosures are in…well, I’ll let you name the states. That’s right. California, Florida, Texas, Arizona, Nevada, Georgia and…
The Bankrupt Stock Casino Stays Open
Oooh, Superfly You’re gonna make your fortune by and by But if you lose, don’t ask no questions why The only game you know is Do or Die -from Superfly by Curtis Mayfield I got a call the other day from a friend of mine looking to buy shares of bankrupt Lehman Brothers, which…
Hot Links: Venom Mickey
Stuff I’m Reading this Morning… FDIC’s Sheila Bair makes the case against having just one banking super-regulator in this morning’s op-ed. (NYT) Are you following the JunkDEX? Guess what the components are…lol. (VIXandMore) Check this huge graphic out: The Anti-Fed Fact Sheet. (VisualEconomics) Chinese ADR’s outperforming actual Chinese stocks…’cause we westerners know better what your…
