Jesse's Café Américain: socialization of losses

“I know there is a God — I see the storm coming and I see His hand in it — If He has a place for me then I am ready.”

John F. Kennedy, scrawled on a prayer breakfast program, NYT, May 15, 1964

Showing posts with label socialization of losses. Show all posts

11 December 2014

Gold Daily and Silver Weekly Charts - When the Operation of the Machine Becomes So Odious

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"This is the contempt in which they hold the majority of American people and the political process: the common people are e...

17 March 2013

With Regard to the Cyprus Bank Deposit Confiscations: Is Nothing Sacred?

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Customer funds were long considered 'sacred' at brokerage firms, and were segregated from the proprietary operations of the comp...

10 March 2010

Investors Who Lost In Madoff and Stanford Schemes Want Government to "Make Them Whole"

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These are, by and large, relatively well-to-do people who were considered 'qualified investors,' or ought to have been. They were ab...

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Jesse

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