Daily Archives: November 15, 2011

Good article on the broken bubble machine

The 1% is worried. It’s not the drumming in Zuccotti Park or the chants of “shame” keeping them up at night at their Manhattan homes. It’s a business model built to churn out easy money in a bubble that’s sounding … Continue reading

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Understanding Derivatives: Case Study — Heidi’s Bar

A childhood friend recently sent me this everyday explanation of credit derivatives, I thought it was very good. (author unknown.  Thanks Ted) Heidi is the proprietor of a bar in Detroit … She realizes that virtually all of her customers … Continue reading

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Leaders putting their own best interests first

In a system where the fiduciary cannot be trusted to respect their duties, we cannot expect the masses to see the laws as governing them either. I am reminded of a repugnant case I witnessed as a young criminal lawyer … Continue reading

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Quote of the day

“Before us lie two paths – honesty and dishonesty. The shortsighted embark on the dishonest path; the wise on the honest. For the wise know the truth: in helping others we help ourselves; and in hurting others we hurt ourselves. … Continue reading

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Good reasons to be cautious

Danielle Park believes we’re in a long-term bear market that has not ended, so she advises holding back and devising a buy list for when the opportunities become strong again.Watch her recent MoneyShow interview here.

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