Archive for the ‘bailout’ Category
Tuesday, April 8th, 2008
Jim Rogers for President. Oh wait, he already emigrated to Singapore.
Posted in Fed, bailout, bankruptcy, subprime | No Comments »
Sunday, March 23rd, 2008
Government intervention at its finest:
http://www.bloomberg.com/apps/news?pid=20601087&sid=akhm.v.Wd1YQ&refer=home
Posted in Fed, bailout, bankruptcy, bond market, subprime | No Comments »
Friday, March 14th, 2008
Very interesting article detailing why the Fed took the steps it did on Tuesday:
http://market-ticker.denninger.net/2008/03/short-bus-rolls-again.html
The question has to be asked - Did they know Bear Sterns was setting up for a failure?
Posted in Fed, bailout | No Comments »
Tuesday, March 11th, 2008
The DJIA's 400+ move to the upside today confirmed my worst fear in that a Fed intervention could rob those of us who are short in this market. Basically, Bernake dropped a $200 billion gift on the market this morning and caused widespread pain amongst the bears (me being one ...
Posted in S&P 500, bailout, puts | 1 Comment »