Deep Market Thoughts…We Need MORE Dreaming and LESS Stealing
- Posted by Howard
- on August 6th, 2008
Let’s be clear…You don’t SWING to a second quarter $11 (ELEVEN) BILLION loss.
That takes commitment. Deep f@#cking team effort. You EARN IT.
We need way less stealing in corporate America and way more dreaming. You get dreaming with tax cuts and creativity for small business and stiff, swift punishment in for fraud. A few innocent white collars thrown in prison is not the end of the world if it means locking up the pricks in charrge of our financial futures of the last 10 years.
The dreaming I want now is in a prison system to house the criminals at AIG, Countrywide, Fannie etc…
To be fair/clear, common shareholders need to respect their money A LOT more and stop thinking of the stock market as their gambling money. You get what you pay for.
Investing is difficult.
BUT, the fraud and loose regulation we have let permeate is sickening.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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