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What's the over/under on how many days until Florida Gov Scott resigns due to a financial scandal?
Scott had pledged during the campaign to put his financial holdings into a blind trust when elected, but instead transferred his Solantic stock to his wife, Ann, in January.
...refused to directly answer whether he would consider prohibiting the state from contracting with the firm
That bald prick should take a bullet. Yet more proof that Florida is the dumbest fucking state in the union by a yard and a mile.
with dodd-frank, criminals writing laws never ends well.
You know what (.....) it's all futile.
It really is. All the analysis, all the effort, all the hours spent studying... futile.
Ben wants higher equity prices. Period.
We may agree or disagree.
But we have portfolios to nurture.
Stock picking became useless.
Correlations do not work any more.
Technical analysis is long dead.
Good news are good.
Bad news are great. As an example - Japan goes offline? Bullish.
Just BTFD and remember to use the proceeds to buy gold.
Why IVY ALUM STOP interviewing kids has ANYTHING to do with today's market, which will be up for sure anyway?
Tulli - Yes, yes, yes.
Just when will all us rational people understand that Thebenbernank, CEO of the World's Greatest Ponzi Scheme doesn't give two hoots about crappy fundamentals, a worsening housing market, terrible consumer confidence, rapidly rising US debt ceiling, failing banks etc. etc just as long as the stock market keeps on a'rising happily.
How short are these morons' memory spans?
And don't even get me started on the new "Tulip Mania" aka social networking companies being valued at $ multi-billions and 200+ multiples of (pie in the sky?) "projected" earnings.
Alex Jones. 2005. Explains the real Alan Greenspan and the coming housing crash;
That Greenspan revelation that Dodd Frank is an epic fail is nothing new to anyone here, why they let that geezer write anything anymore is beyond me, he still denies that he had a hand in this mess.
The vexing question confronting regulators is whether this rising share of finance has been a necessary condition of growth in the past half century, or coincidence. In moving forward with regulatory repair, we may have to address the as yet unproved tie between the degree of financial complexity and higher standards of living.
The writer is former chairman of the Federal Reserve
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