Just when you thought it couldn’t get worse

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By Jeremy Gardiner

You will hear much discussion around the terms ‘Wall Street’ and ‘Main Street’. Wall Street is synonymous with the US financial system and Main Street represents the US consumer. It is clear that the average American sees the current crisis as a Wall Street problem and the bailout plan […]

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All the Kings Horses and All the Kings Men …

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Humpty Dumpty sat on a Wall Humpty Dumpty had a great fall All the King’s horses, and all the king’s men Didn’t bankrupt the country and devaluate the currency putting the shifty bastard together again.

Hat tip: Barry Ritholtz’s The Big Picture, September 29, 2008.

 

Did you enjoy this […]

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Fear grips global markets

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The first ever trillion-dollar loss on Wall Street came in the wake of US lawmakers failing to gather enough votes to pass the $700 billion bail-out package. This post deals with a few interesting snippets and concludes that we are still in the grips of a primary bear market and should tread carefully until the smoke clears and the flames can be measured. […]






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