Comments on: Bankers Pull Another Fast One

By: Dirk W. Sabin

Dirk W. Sabin — Mon, 16 Feb 2009 20:11:23 +0000

When a Congressman asks a Wall Street Tycoon if they would work less diligently if they did not get big bonuses, I am put in mind of that same Congressman spending the majority of his or her time shilling for campaign donations, aka “bonuses” to insure their own diligence.

Meanwhile the poodle Media says little about this tidbit of sardonic irony

By: Doug Adams

Doug Adams — Sun, 15 Feb 2009 18:23:10 +0000

Who started the collateralizing of highly questionable debt obligations? Who was involved in the clearly disastrous decision to exempt CDOs from regulation, or at least rigid oversight?
Did they truly believe that these instruments would be traded only between knowledgeable, sophisticated risk-takers like themselves? That would entail rapidly passing the paper around in musical-chairs fashion, until the music stopped (as it has), and some sucker gets stuck with it.

By: m. n. tillman

m. n. tillman — Sun, 15 Feb 2009 13:37:17 +0000

Best read on the web. (Baltimore, MD)

By: Rob Viglione

Rob Viglione — Sat, 14 Feb 2009 20:44:28 +0000

Ironically, the latest book in my queue is about the Spanish Inquisition. It seems that scapegoating has, is, and will always be with us.

By: jollyd

jollyd — Sat, 14 Feb 2009 16:13:59 +0000

“don’t get mad, get rope!”

Note to security state monitors: guy’s i’m just kidding! really, it’s a joke.

Hail, Oceania! (or is it Freedonia)

By: killben

killben — Sat, 14 Feb 2009 07:23:34 +0000

“Many of you have complained that you will lose your top talent. Are those the same people that helped lose your banks billions?”

This a big joke

If the best and brightest are going to lead my business to the gallows, I would not want to employ them … I hope my competitors do .. I can pick up their pieces for pennies later..

By: Gary Near Death Valley

Gary Near Death Valley — Sat, 14 Feb 2009 03:10:07 +0000

Enjoy all your articles very much, but would like to see you at the top of the page indicate which article is with what category: Stumped on what this one goes with. Thanks

By: Sage Wiseman

Sage Wiseman — Sat, 14 Feb 2009 00:46:57 +0000

In the future, rice and soup may be more valuable than gold.

By: Paul

Paul — Fri, 13 Feb 2009 23:26:05 +0000

Yes, all too true…unfortunately.

By: John Foster

John Foster — Fri, 13 Feb 2009 19:15:49 +0000

Keep up the good work, especially your views on upcoming events.
If we knew how much gold bullion is in Fort Knox we could calculate what the price gold should be per ounce to cover all the trillions of debt.
Have you thought about puttin that to one of your staff? I should think it must be at least $ 10,000 per oz.
I wonder how many tons there are really there and dare the government tell us?
Anyway, I always follow your very good advice, thank you.