Here’s the story of a creep named Bernie.Who has 150 years to rot in hell.His two trader sons and brother lawyer Peter,Are playing dumb so watch them next.
Here’s the story of his wife named Ruth.Who’s now riding subways and looking to rent.She pretends to not know a damn thing,Yet withdrew millions in time.
Regulators and his [...]
My very earliest memories from the media as a kid growing up in the 80′s in New Orleans include Ronald and Nancy Reagan, Punky Brewster, and Dire Straights.
Yet my family took car trips to Curtis Mayfield. My mom vacuumed to Smokey Robinson. And I remember playing with my dolls singing “Baby Love” by [...]
President Obama has to juggle issue after issue daily, and respond with clarity and calmness.
Given the extraordinary example of leadership under pressure that he has provided, the blogosphere is starting to buzz about something…
Is he human?!?!
So Sunday night, Pat Buchanan and I did a deep dive into the White House’s recycling bin. If you’re [...]
Why is The Myth of the Rational Market by journalist Justin Fox a bestseller?
Wondering this is not an indictment on Justin Fox at all–he’s a respected journalist, and a great writer. Also, I haven’t read the book so I’m not criticizing it.
The title takes me aback because of course the market isn’t rational!
According [...]
Imagine for a moment a precocious kid.
If his dad told him to clean his room, he probably also stripped his bed bare and took the pictures off the wall. If mom said vacuum the floor, he’d make it a point to vacuum every millimeter of carpet while she watched her soap opera.
What eventually happened [...]
My awesome, baby boomer parents opened the vault and shared lessons for wealth creation with me when I turned 17 and headed for college.
The top 5 tips included:
Balance your checkbook after every purchase.
Only buy what you have money to pay for.
Study hard in college for a career that more than pays the bills.
Work hard and [...]
Have you ever wondered what happened behind the scenes after TARP was passed by Congress in late 2008, when TARP money was disbursed to Wall Street banks?
In my first exclusive thewallstreetgeek.com video, we see the nail-biting negotiations between Treasury Secretary Henry “Hank” Paulson, and Goldman Sachs CEO Lloyd Blankfein:
Embedded video from http://www.youtube.com/wallstreetgeek
Follow me on Twitter: [...]
Embedded video from CNNMoney.com VideoTen bailed-out banks were deemed healthy enough to return almost $70B in TARP money to the Treasury:
JP Morgan Chase
Goldman Sachs
Morgan Stanley
American Express
Capital One
US Bancorp
Bank of NY Mellon
BB&T
State Street
Northern Trust
Interesting scenario because if I were offered a loan at 5%, I would hang onto it.
Then again, this particular loan had clauses that [...]
On May 15th, Rep. Ron Paul popped up on Morning Joe to perform his periodical “he may be onto something, but he’s scaring the hell out of me” commentary. Click here to see it.
Although the US market enjoyed a rise since Ron Paul’s commentary a month ago, the question still remains: is the [...]
On May 21st, the S&P reported that the U.K.’s credit rating could be downgraded in the near term, and that its GDP might well equal its debt burden come 2013. In other words, the Brits could be living check to check in 5 years. If this can potentially happen to the U.K., which commanded worldwide [...]
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