I just returned home and I am catching up on "The Madoff Ponzi Scheme Story." This guy was a true Wall St. maverick and was very well respected until today. Smart money guys from across the land trusted him and parked big loot with him.
Obama, Rahm Emanuel and Jessie Jackson Jr. seen at Chicago eatery doing jello shots and overhead saying at the same time "but it was your idea."
Nancy Pelosi photographed by Page Six with another Acorn pork request under her arm for this, her second bailout. She was denied if you remember on the first attempt with the bank bailout. Overheard saying "if I denied again, it will be three times a charm when we do the solar bailout."
Tick Tock, this global warming is gonna be a real killer.
Just random. See you tomorrow.
Thursday, December 11, 2008
Ponzi Schemes
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
2 comments:
I couldn't believe my eyes when I saw the snow this morning. A beautiful thing.
but we're all doomed right? lol
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