He was supposed to be "shining citi on the hilltop", instead we know that he is coldblooded insider, money/fame craving buffoon , who made his money , mostly from monopolies and Government connections. And Wall Street loved him to show as cuddly , folksy old grand oracle. Well, sorry, there is nothing new in the world since Eve ate apple. Big money made by being( or eventually progreesing to be) SOPITALIST. Honest people have much, much harder time. So there was Buffet versus Madoff. Now there is Madoff and Madoff and Mad Off and nothing else left from Wall Of Shame called Wall Street.
Here is a person, who called derivatives the WMD(weapons of mass destruction) and he must have known it first hand, as his own babe MCO( Moodys) was the MONOPOLY( one of them with S&P and Fitch) and he says, well, I do/did not know what Moodys were doing just as I do not know what goes into washing powder TIDE( PG is also owned by Buffoon). OK keep on Buffing!
Ok, to even compare Tide with multi-trillion derivatives business, he himself called WMD's make BUFFET-> BUFFOON. But our subscribes knew this LOOOOOOOOOOONG time ago
clickme->buffett-s-pr-disaster
To paraphrase Dear Mr. Buffoon himself.
WHEN THE TIDE ( i do not mean detergent) GOES OUT... (:-
Yoo complete it Dearest Readers.
21 comments:
Euro,
In reverse?
at
ALAP3!
Emini 332 is coming
In few minutes
Let you know
emini
at
Market Report
emini
at
Market Report
Goodafternoon Dear Boris ...
Financial Times Deutschland today:
First the Greeks, then Portuguese and Spanish - and now France and the Netherlands: Investors shun the bonds of these countries and seek refuge in Germany and the USA. One strategist said: "These are the last of the Mohicans
Dear Xerxes,
Thanks,
These are the last of the mohincans or or last of the bohicans(:-
Good Trading Dear Xerxes
Dear Boris, I think, USDILS is just changing the long-term trend...
It should be higher in the next couple of years...
Dear Ivan,
Thanks Good Trading
Very Dear Friend
We did have a FIBO 62 that was rejected at 3.66 or so.
Since then the pair was rising
emini file coming soon
Sorry
Unable to do 5 min dat
too fast moving
everything
Good morning Dear Boris and friends. It's been a while,,,but I am back.
Tim :)
Welcome back Tim ....
Dear Boris .... They took out the May 25th lows
Boris
back in town
B-berg says 2000 for the relic when the double dip becomes evident
Dear Friends
Trying to catch the breath
Market Permitting
(:-
Good Trading
Dearest John(welcome back)
Very Dear Friend Xerxes
Dear Friend Tim
Welcome back
Update
at
Market Report
Update is URgent
Rocket!
Boris
Nice call
old john
Dear John
THanks
Dearest Friend
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