Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, August 26, 2008

FDIC Chariman Sheila Baer.....

Always cool as a cucumber.... She does a great job.... Just saying "Hey Things are fine. we have the jack booted feet of the regulators on every bank neck in the country...."

If there is a problem, we will find it.... And things are fine.

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