by Brian Brady
Commercial Real Estate Finance Expert
Structured Debt and Equity
Licensed Real Estate Broker in AL, CA, and FL
“You suck!”
“Well, you’re a big fathead !”
I like to watch the stock market opening on Bloomberg Television. The cable company lets me have Bloomberg, free, until 8AM so I can get my fix while I lay cocooned in bed.
A few weeks ago, Goldman Sachs, the premier investment banking firm, told Citigroup that they, basically suck. Today, Citi told everybody that they all suck just as much.
Treasury Secretary, Hank Paulson calls an audible from the Nixon playbook, Ben Bernanke is cranking up the printing press and the American public is depressed.
Slip, Freeze, Crash, Buy. When the sharks start eating the sharks, it won’t be long before you can start picking through the bones for a few good morsels.
Listen to Warren Buffett. He bought an American institution, in 1974.
Ian Mariano says:
It’s a shame that we have top business leaders behave in this kind of manner. “Where have all the leaders gone?” I feel for Mr. Iaccoca(from his new book)
I wonder when we will have a revival of great,courageous butcherous (Churchill said that great leaders are great butchers; unafraid to fire non-performing people)leaders. I have a feeling that will come once we reach our country’s deep recession like point where we haven’t been in a very very long time (worst than what we’ve seen occur in the past 10 years). A time where all the mediocre leaders would have no place to hide. I am looking forward to that day.
Ian
http://www.renohomeblog.com
December 5, 2007 — 11:51 am
sean carr says:
Things have definitely taken a turn for the surreal when Bloomberg becomes the most entertaining reality show on TV. I hope when the dust settles we’re left with something more than shinplasters in our pockets to go bargain hunting with.
December 5, 2007 — 5:35 pm