From our “Reassuring News Dept”: the FDIC has issued a “Notice of Proposed Rulemaking” that would make it much easier for the FDIC to process bank failures. Sure, what they’re trying to do is buried in some arcane procedural language. Fear not: I waded into this bureaucratic morass. I reckon if I can figure out [...]
Filed under: Markets & Economy, Mayhem | Leave a Comment »
Get a load of this guy! He’s Schwab’s expert on derivatives. This ad popped up online today. Love how Schwab has their customers’ best interests at heart! “Derivatives Reduce Risk?” That’s certainly how they were foisted on investors. But YOU remember what Warren Buffet said. Right? Right!!?? …and don’ you ferget it! ◊◊◊◊ As [...]
Filed under: > Scott's Soapbox, Markets & Economy | Tagged: derivatives | 1 Comment »
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