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"

Wednesday, March 25, 2009

word is...

So goldman is giving back the tarp money.... Good... they wern't going to loan any money to anyone retail anyways. We should probably also take it away from MS and whoever else is a former Ibank anyways.

but Ken Lewis is out this morning... saying "he is going to START paying back the tarp" Squawk doesn't understand how this is possible.... well joe it's not that they are going to pay it back... they are just going to start.

this is an interesting story

citi and boa buying mbs on the market.

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