Can we talk? Look, today there's BIG BIG news going on. BIG NEWS. Fannie and Freddie and Lehman and IndyMac and WaMu and National City - it's the biggest day for financial information and financial stocks we've had in a loooong time. But there's MORE big news... and FRANKLY... there's a ton of
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07/14/2008
Secretary Paulson and Bernanke followed each other speaking on Capitol Hill. In his prepared speech to the House Financial Services Committee, Sec. Paulson made these comments about Fannie Mae (FNMA) and Freddie Mac (FHLMC)... "Their regulator has made clear that they are adequately capitalized.
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07/11/2008
In 1899 Elbert Hubbard, a successful soap salesman wrote an inspirational pamphlet titled, "A Message to Garcia." It was one of my grandfather's favorite stories. This is not a literal translation - but one that my grandfather copied for me, based on Mr. Hubbard's original. I've kept my copy,
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07/09/2008