Bear Stearns James Cayne Cashes Out $61 Million of Stock. Insider Transaction.
Friday, March 28th, 2008
I’m tired of talking about this.
Just look for yourself.
http://biz.yahoo.com/t/37/915.html
I’m tired of talking about this.
Just look for yourself.
http://biz.yahoo.com/t/37/915.html
Posted in bailout, bear stearns, james cayne, jp morgan, recession | No Comments »
Oh! My goodness!! A grease fire.
A normal person would turn off the stove.
Then cover the pan to snuff the fire.
Nope, not the federal reserve.
When the money is burning and losing value, they throw more money on the pile of burning money.
How smart is that?
Posted in bear stearns, ben bernanke, bernanke, cooking, federal reserve, grease fire, investment banks, monetary policy, money | No Comments »
Three witches enter.
Job Witch: Ahh. My wage is half it used to be.
Money Witch: My paper is worthless.
House Witch: My home is not my home. Tis my burden now.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
Job Witch: Send my position overseas,
ignore my tireless plees, for prosterity,
and other sundries irrelevant.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
Money Witch: Make me cheap, pricey to make,
leave shocked consumers, in my wake,
print to death, my soul you take,
as much as you need.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
House Witch: Bring the crooked to my hearth,
show them riches from the start,
job not needed, tax-free cash,
hide the earnings,
in your stash.
All Witches: Double Double Toil and Trouble Dollar Burn and Pop the Bubble.
Shhhh. Hear the crackle. Hear the burn. Hear Uncle Sam’s stomach turn. Shhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh. POP!
Posted in bear stearns, bolero, crash, credit crisis, depression, dollar, federal reserve, jp morgan, panic, recession, stock market, stocks | No Comments »