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"

Friday, October 31, 2008

Phil Lebough

Poor bastard has to go on and defend the car industry on cnbc every day. Financial industry has to get a rescue ... but the car industry.

I'm not waffling that I hate the car industry. I just want an ugly care that costs 4K dollars and that I can run to AutoZone and buy and replace a part in 20 minutes.



Gasparino stoned on the air.

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