High Finance
Getting an Apple
So, how does one get an Apple? Well, Adam got one when a naked lady waltzed up to him and said, “Psssst, want an Apple”, and he became much smarter. The lady that I got mine from in the Apple store was dressed — or, at least, I think she was. My attention was fully [...]
Occupying Wall Street
When Occupy Wall Street (OWS) started last month, a wide variety of news outlets complained that the protesters would not accomplish anything because they did not have clear goals. It now appears that the resulting OWS Movement has scored at least one victory: successfully re-framing media coverage onto the jobs crisis and real economy rather [...]
Greed and Incompetence – 4
The Demonstrators Here in the Washington area, an interesting phenomena is taking place. The Democrats (spineless wimps that they are) are keeping pretty quite about the demonstrations in New York. The ones that DO have anything to say seem to be generally supporting the demonstrators. The Republicans, and their TV station, Fox News — are [...]
Greed and Incompetence – 3
I’m Good, Thanks for Asking Not everyone on Wall Street is a bad guy. Most are probably very nice. The sort of person who you might want to have as a friend. However, when huge sums of money are at stake, well, ya just never know. Let’s look at a few of the Wall Street [...]
Greed and Incompetence – 2
The Meltdown Begins After yesterday’s (October 17) blog, we are up to the 21st century and the election of George W. Bush as President of the US. The Glass-Steagall Act had been repealed but the Securities and Exchange Commission was allowed to remain. President Clinton: Let’s step back slightly (to 1992) and cover the terms [...]
Greed and Incompetence – 1
Background There seems to be a lot of demonstrating going on in New York and Washington regarding the world financial crisis. Why all these demonstrations? Why not just have a conversation with our Senators and Representatives? Maybe it is because a lot of us think that it is pointless. It would be pointless because all [...]
Only in America (again)
The CEO of Hewlett-Packard, Leo Apotheker, is about to leave after being there for 11 months and watching the HP stock drop about 42%. For this stellar performance he will be taking home $7.2 million in cash plus $18 million in stock. Now, in the 11 months that he was there, he has taken home [...]
