Archive for September, 2008

Bailing out the stock market, and killing the economy

Written by Michael Vass
Don’t you love when the Government spends your money? And they do it on a scale so grand that you just have to stop and go wow.
Currently the Government has proposed the best deal Wall Street has ever seen. After having spent over a quarter of a billion dollars on Bear Sterns [...]

Yes I thought Lehman was a buy - in 2005

Written by Michael Vass
I was speaking with an old friend and colleague of mine today, and he reminded me of something I had forgotten. As I have mentioned before I was a stockbroker, and I worked with my friend for a few years. While we were at the same firm one of my bigger positions [...]