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Daily Archives: October 16, 2012
Ross: banks need to revert back to simple spread lending model
Billionaire investor Wilbur Ross weighs in on Citigroup shake-up and says banks will probably return to a simpler business model. Here is a direct link.
Walker: “the public is way ahead of the politicians” on reforms needed
David Walker, Comeback America Initiative CEO, discusses his five week bus tour talking to Americans about restoring fiscal sanity in the government and what they want from elected officials. Here is a direct link.
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Buy and hemorrhage threatens the financial health of real life families
Hedge Fund Consultant Michael Belkin sees the case for a 40% stock market drop in the coming 12-15 months. Belkin joins Sam Mamudi to discuss. Here is a direct link. For all the many people who are still holding equities … Continue reading
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