Wow. I don’t watch alot of TV, but I assumed J6P really didn’t care about the bank bailouts anymore (tea-party people excepted). Obviously people were laughing their a$$es off. This is a good sign.
Personally, I’m keeping my pitchfork nice and sharp, but maybe there’s hope for a reversal on the bailouts — and a little clawback where necessary.
Every day I get up and look through the Forbes list of the richest people in America. If I'm not there, I go to work. ~Robert Orben
According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
May 11th, 2009 at 12:36 pm
Looks like citigroup was the only bank to get all the questions correct! ha
May 11th, 2009 at 2:03 pm
Wow. I don’t watch alot of TV, but I assumed J6P really didn’t care about the bank bailouts anymore (tea-party people excepted). Obviously people were laughing their a$$es off. This is a good sign.
Personally, I’m keeping my pitchfork nice and sharp, but maybe there’s hope for a reversal on the bailouts — and a little clawback where necessary.