Why This Crisis is Still Far from Finished

Why this crisis is still far from finished By Mohamed El-Erian Published: April 24 2008 During the past few weeks we have seen a growing number of market participants predict an end to the dislocations that erupted last summer and claimed victims throughout the financial system and beyond. While their predictions are understandable, they are [...]

Buffett: “Economy is in a Recession”

NEW YORK (Reuters) — Warren Buffett, the world’s richest person, said Monday that the U.S. economy is in a recession that will be more severe than most people expect. Buffett made his comments on CNBC television after his Berkshire Hathaway (BRKA, BRKB) agreed to invest $6.5 billion in the takeover of chewing gum maker Wm [...]

The Price for Food and Fuel Will Only Go Up

Read This – and get out of debt and start to save more cash

AP Poll: Mortgage Payments Worry Many

Apr 14, 3:26 PM EDT AP Poll: Mortgage Payments Worry Many By ALAN FRAM Associated Press Writer WASHINGTON (AP) — One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home’s value is shrinking, according to a poll showing widespread stress from the nation’s [...]

They Said It Could Not Be Done

They Said It Could Not Be Done A Poem by Benny Hill They said that it could not be done, he said just let me try. They said, “Other men have tried and failed,” and he answered, “But not I.” They said, “It is impossible,” he said, “There is no such word.” He closed his [...]

Jeremy Siegel: Even in a Bearish Market, Bullish on Stock

In an open discussion with executives in the Securities Industry Institute, Wharton professor Jeremy Siegel examined investment strategies in the current market. Siegel, author of the landmark books Stocks for the Long Run and The Future of Investors, drew upon historical records in making sense of the current downturn. Based on Siegel’s analysis of data [...]

The Dogs

Dogs (Waters, Gilmour – Pink Floyd) You gotta be crazy, you gotta have a real need. You gotta sleep on your toes, and when you’re on the street, You gotta be able to pick out the easy meat with your eyes closed. And then moving in silently, down wind and out of sight, You gotta [...]