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 6, 2008

GM Ford Chrysler

All I hope is that if somebody cuts them a check, that management is forced to take a huge Pay cut. I insist that the CEO takes half a mill per year. the rest of his lackies all make under 300K.

I can understand Wall street companies paying bonuses if money is made, but these guys are just golfing all day.

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