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The Political and Financial Markets Commentator

Jericho, New York

The state of politics and the financial markets are discussed with an eye towards the potential impact on us all.

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RE: Mortgage Modifications: What Are They?
Do you do mortgage modification? What is your suce...
RE: Do These Guys Really Feel The Pain Of Main Street?
The answer to the question in my blog this morning...
RE: The Government Rescue Plan: What Are They Talking About?
The biggest problem with this whole plan is the Go...

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The Political and Financial Markets Commentator

December 2008

Bernie Madoff: Who Could (Should) Have Known?

Dec. 16, 2008
Question: How do you make a small fortune? Answer: Start with a large fortune and give it to Bernie Madoff to invest! "When the truth is found to be lies, and all the joy within you dies": Jefferson Airplane,1967 "I would not join any club that wou

The Political and Financial Markets Commentator

Dec. 14, 2008
If you didn't subscribe for email or feed delivery, these are the stories that you missed this week: Memories Of A Day Trader The Auto Bailout: Between A Rock And A Hard Place Athletes, Privilege and the Law Are Stocks Off To The Races? Maybe, M

Memories of a Day Trader

Dec. 12, 2008
As In Life and Trading, Timing Is Everything Buy the dips, sell the rallys. I became a proprietary equity trader back in 1987. At the time, one of the most volatile stocks on the NYSE was MMM with moves that could be a full point or more. These move

Global Blast Of Liquidity: What Does It All Mean?

Dec. 5, 2008
In a throwback to an earlier time, the Bank of England cut its key lending rate 100bp. to 2.0%, the lowest level since 1939. If they were to cut it to below 2.0%, it would be the first and only time since the Bank of England came into existence in 1694. I

The Political and Financial Markets Commentator

Dec. 4, 2008
If you haen't been getting your feed or email updates of the stories that have been written the last week, here are some of the titles: Torture: What Is The Correct Definition? The Big Three: This Time They Drove The Selling Of America: The List Go