Friday, December 12, 2008

No Extraordinary News

I have not found something of value in today's press. I suggest you watch the Short View from yesterday about the end of the dollar rally.
In a different vein (it has nothing to do with Global Finance)read the press today about the Adventures of Mr. Madoff. The guy stole $50 billion from his customers. These customers included some of the biggest finance brains on Wall Street and, yet, they believed his record of 1.00% to 1.20% (per month ) month after month for years. This is the equivalent of offering the Brooklyn Bridge at a discount

No comments: