Jim Rogers, famed hedge fund manager, doesn’t seem to think so. See the following Bloomberg article with his comments: ABOLISH THE FED In the words of Revelutionary War era statesmen convening for a session of the Continental Congress, “Hear him! Hear him!” Maybe the Fed is the problem and not the solution. Uh oh! [...]
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The Demise of Bear Stearns – A Eulogy
by TheFalcon March 17, 2008 News CommentaryAh the venerable Bear Stearns…. Founded in 1923…Pronounced DOA Sunday, March 16th, 2008 after 85 wonderful years. Stock Price Action Highlights: 52 Week High $160.00 Nov 5, 2007 $100.00 Jan 1, 2008 $ 85.00 Mon last week $ 62.00 Fri last week 30 bucks (change in vernacular intentional) Sunday 2 Bits and holding according [...]