Month October 2007

And in what hellhole is this slow death by torture happening? An ally of the United States, that’s where. The reaction from the White House and Congress is, of course, crickets. Seems they only criticize countries who are not allies…

Prodded by Treasury Secretary, major banks along with PIMCO and Fidelity are planning to raise 80-100 billion for a Save-The-SIV superfund. SIV’s (Structured Investment Vehicles) are yet another of the exotic, highly leveraged Wall Street “investments” that have gone seriously…

Simsbury CT