I wonder if using the logic behind this article will be effective with my next client.
“I think this is a brilliant quote because it encapsulates the situation perfectly. (For readers who are not basketball fans, this was a sports reference to basketball players who stay close to their basket to score easy lay-up points). Dimon, a classic keep-your-powder-dry-when-everyone-else-is-losing-his-head conservative banker, is also an opportunist. In a move straight out of Warren Buffettâ€™s game plan, he was looking for some easy lay-ups when the chips were down and everyone was panicked. Thatâ€™s how he got bear Stearns and itâ€™s also how JPMorgan Chase got Washington Mutual.”
“Readers may know that William Black, who teaches economics and law at the University of Missouri, Kansas City, has been a vociferous critic of US policy on the financial crisis. In this lecture, he not only revisits one of his favorite topics, fraud, but also examines a wealth transfer from the middle classes to the banksters.”
Music industry executives – clueless or masters of the rope-a-dope strategy?
There’s no recovery until, according to Calculated Risk, residential investment picks up.