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Monthly Archives: May 2007
Lessons from the whaling industry
The whaling industry was the very icon of American prosperity for over 100 years. Its revenue drove jobs, homes, businesses and fortunes. Then the whales were gone. The decline in whale populations was evidently underway by 1840 when hunters ignored … Continue reading
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More investors take risk of buying stocks with loans – USATODAY
There has been a lot of banter of late about whether or not the retail investor has been much involved with recent rallies in the stock market. The bulls argue that the retail investor has not yet joined in and … Continue reading
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"There will be blood in the street" and other pleas for "sanity"
Today Bloomberg reports that Bank of America CEO Lewis says the so called credit bubble of the past 6 years is about to break. Look out below. See Bank of America Lewis calls for lending 'Sanity': http://www.bloomberg.com/apps/news?pid=email_en&refer=home&sid=aT7p.papJIlA. In December Wells … Continue reading
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