If anyone wants to know what denial looks like, check out this Bloomberg interview of Austan Goolsbee, chairman of the White House Council of Economic Advisers. This interview is in response to Standard & Poors cutting the U.S's outlook from stable to negative. (damon)....
The content contained in this blog represents the opinions of Damon Coley, Nathan Aberson, and/or Aaron Aberson. Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson also act as advisors and clients advised by Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Coley’s, Mr. Nathan Aberson’s, and Mr. Aaron Aberson’s recommendations. This commentary in no way constitutes investment advice, and should never be relied on in making an investment decision, ever. Also, this blog is not a solicitation of business by Mr. Coley, Mr. Nathan Aberson, and Mr. Aaron Aberson: all inquiries will be ignored. The content herein is intended solely for the entertainment of the reader, and the authors.
Monday, April 18, 2011
Tuesday, April 5, 2011
More pressure on banks. Clean Up Fund? Billions? As more and more Americans face mortgage foreclosure, banks’ crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that’s causing lawsuits and hampering an already weak housing market. A Really eye opening expose. I'm not sure you could even make this stuff up...(damon)
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