His comment today at his old pal, Michael Milken's conference was pure Eli, honest.
He said 16,000,000 homeowners owe more on their homes than the homes are currently worth.
It will be 2010 before the ship gets off the reef, maybe not even then.
Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading WON/CANSLIM methodology from PAMELOT, TN farm, GHOST RANCH, MT, on Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, will always be, a relentless optimist with radical gratitude.
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