Saturday, October 31, 2009
Bush SEC "Idiots", Obama SEC "Dear Friends"
Overall, Madoff’s conclusion is that financial industry is “by and large…honest,’’ adding that “you can’t have the transparency the regulators want you to have because it’s proprietary and detrimental.”
“The thing I feel worst about beside the people losing money is that I set the industry back.”
Sunday, October 25, 2009
Saturday, October 24, 2009
Friday, October 16, 2009
NEW YORK (CNNMoney.com) -- General Motors Corp. has struck a deal to sell its Hummer truck unit to a Chinese industrial business, the two companies confirmed Tuesday.
Privately owned Sichuan Tengzhong Heavy Industrial Machinery Company Ltd., based in China, will acquire the truck brand, which has been part of GM since 1999. Tengzhong said it plans to keep Hummer's management team.
Sub headline: What cheap Chinese shit does to America / Benefits of globalism.
Insurers dropping Chinese drywall policies - Santa Cruz Sentinel
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Well, this is one way to salvage a boat.
Saturday, October 10, 2009
Been trading GFI, a South African gold miner all year long.
"Environmentalist" congressman from Oregon driving alone in his Suburban. Well, he has two kids after all!