By popular demand, cats. As posted earlier, Peter Schiff is taking it on the chin lately, and was put on blast by Mish Shedlock for not calling it right in 2008. Now, Schiff has fired back. Definitely worth reading if you’re interested in explanations of why he forecasted a drop in the dollar, why he [...]
Entries from January 29th, 2009
Peter Schiff – No Respect?
January 29th, 2009 · 6 Comments · bitchfights
Who knew the landscape of doomsayers was going to get so crowded? CB sent me The Guardian’s “25 people at the heart of the meltdown” earlier this week, a list that unsurprisingly includes George W. Bush, Alan Greenspan, Gordon Brown and permabull Abby Joseph Cohen, among others. At the end of the articles, there’s seven [...]
Tags:
Does President Obama Have To Choke A Banker?
January 29th, 2009 · 7 Comments · bailout
Say what you will about his package, at least the new president knows when to get mad. He was apparently less than amused when told Wall Street employees – many of whom no doubt work for companies who received bailout money – collectively received $18b in bonuses last year, although his one-word response was decidedly [...]
Tags:
The Unkindest Cut Of All
January 29th, 2009 · No Comments · bandit, fail
Imagine for the moment that you are Sandy Weill. You’ve had to sit back and watch as two princes and some tiny man in a bandit mask (I picture Vikram standing at roughly the same height as actor Deep Roy, don’t ask me why) took the banking giant you helped create and drove it not [...]
Tags:
