September 10, 2009
This has to be the single dumbest thing I have read in months: Investment Bank Profits May Drop on Regulations, JPMorgan Says.
Here’s a news flash: With the least amount of regulatory oversight in generations in the 1990s and 2000s, bank profits were less than zero — indeed, their losses were so great that [...]
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August 24, 2009
No one can predict the future. I don’t even try in trading. All I do is go on a reasonable expectation of what I think will happen… …fully prepared to respond in case it doesn’t. But then you get these moroffs (too dumb to call mor-ons) who think they can. The latest example is the [...]
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