If this is liquidation stuff is true – that the once-$37 billion magic-touch hedge fund titan is truly in trouble because of market activity…
If by some fluke this went to court and the these banks were forced to pay it, they’d all fail – one after another like dominoes.
I’m sorry, but I’m sticking with my The Economy is Worsening schtick
This is a bail out.
Will the third time be a charm?
Bruce Berkowitz of the Fairholme Fund is the Matthew McConaughey of the mutual fund game – he had a huge run in the 2000’s but is now known mainly for how often he loses his shirt.
Here’s what I’m thinking is about to go down: A chilling head-fake sell-off followed by new highs for equities.
Why do these two banks look so much worse than most large company stocks over the last few years?
These big bank stats are mind-blowing…