Will we now face the “financial tsunami” Deutsche Bank’s CEO Ackermann was warning us about?
Or do the “betraying geniuses” have their work arounds ready?
The news:
Moody’s says it may cut Aaa ratings of Ambac, MBIA
And the market does not fall … not yet???
Usually, if Moody’s cuts, it will be the second “big” ratings agency to strip […]

Fitch and Moody’s had negative comments last week … now S&P puts Oil into the fire …
Be aware … tomorrow they will hold a conference call about the following press release …
I don’t think, we will see anything positive …
NEW YORK (Standard & Poor’s) June 2, 2008–At the conclusion of its review of […]

Not always … unfortunately … but Bear Stearns’s vulture popped up today
B(rainless)S(hameless)C(riminal) CEO Alan Schwartz was on CNBC LESS(!!!) than 48 hours ago stating that EVERYTHING was ok …
And now the Company is close to being history … WHAT A JOKE …
I hope this guy gets prison time and no parachute as the […]