Select Page
Good News – Bad News: Wachovia And The Market

Good News – Bad News: Wachovia And The Market

by

At least good news for taxpayers... CitiGroup has backed out of talks for Wachovia leaving the entire deal for Wells Fargo. I'm guessing that after more of the depth of bad debt came to light, it became more and more obvious that the deal just was not longer going to be in the best interest of CitiGroup's stockholders. That was the good news, as long as...

A good read

by

Two Great Stories - BOTH TRUE - and worth reading! STORY NUMBER ONE Many years ago, Al Capone virtually owned Chicago . Capone wasn't famous for anything heroic. He was notorious for enmeshing the windy city in everything from bootlegged booze and prostitution to murder. Capone had a lawyer nicknamed "Easy Eddie." He was his lawyer for a good reason. Eddie was very good! In fact, Eddie's skill at legal maneuvering kept Big Al out of jail for a long time. To show his appreciation, Capone paid him very well. Not only was the money big, but also, Eddie got special dividends. For instance, he and his family occupied a fenced-in mansion with live-in help and all of the conveniences of the day The estate was so large that it filled an entire Chicago City block. Eddie lived the high life of the Chicago mob and ...

Panic

by

My mother called me this morning.  “I’ve been worried about you.  Are you okay?”, she asked. I told her that I was fine; that you only lose when you sell.  Which got me thinking…What rules should investors employ in this market? You only lose...

Debate #2, The Morning After

by

Question of the Night:  Why should we trust either one of you? Good question.  In typical politico style, I heard both candidates answer in this manner:  “Blah, blah, blah, yak, yak, yak”. I don’t know how I would have answered the question if I were...
    Log in