Bailout Increasing in Size, Scope

The day we all feared has arrived.‚  The government has begun to directly intervene in the markets, buying $250 billion worth of stock in 9 banks.‚  Emperor Paulson has said that the government will end up taking up to a $2.25 TRILLION stake in various companies and formerly free market assets.

The bad news is that there has been many reports that the friendly bailout offered by the government to some of these banks wasn’t so friendly.‚ … read more “Bailout Increasing in Size, Scope”

Funny New Stock Market Terms

Tara sent me the following humorous New Stock Market Terms… I like the Standard & Poor definition best.

NEW STOCK MARKET TERMS

CEO Chief Embezzlement Officer.

CFO Corporate Fraud Officer.

BULL MARKET A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.… read more “Funny New Stock Market Terms”