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"

Thursday, November 20, 2008

The Charlie Gasparino Kiss of death

Gasparino just gave City the old "City is fine, they would have to be lying in order to be in trouble"...

Just like he did when he said " I trust Dick Fuld more than any of these bears, They arn't lying"

seems like the kiss of death to me.

maybe we can get a nice moodies downgrade in the next few days.

1 comment:

Tony said...

Did he really say that? Unbelievable.

I've been busy for the last couple weeks at work, so I've been missing all the bloodshed.


I remember Gasparino with his naive her-worship of Fuld and he Chollie was saying all those things right before Lehman went under. "Fuld is a good guy, he would never lie."

Poor Chollie Gasparino. Fool me once, shame on you. Fool me twice... can't get FULD again. (I made a joke!)

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