Archive for February 6th, 2009
BoA’s Ken Lewis Speaks Out
Seems clear that Lewis sacrificed John Thain to save himself…just like happened so many times before.
Jim Cramer: Look East, Investor
This is interesting…watch the video
Taxpayer Money?
Last night went to an interesting seminar of journalists. Many interesting points. One of them is we all say taxpayer money is bailing out the banks/save the economy, but everyone taxpayer is also a consumer, a home owner (the majority of the taxpayers), a depositor at a bank, a borrower from banks. So if my [...]
Unemployment Rate
Jan 09′s unemployment rate just came out, 7.6%. How does that look in a historical perspective? Headline news wouldn’t give you much clue. So here are the historical unemployment numbers from the Department of Labor. So the highest rate in the past 87 years were during 1982 and 1983 when it were 9.7% and 9.6%. [...]
