Parisian Family Office CEO. Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at the Ghost Ranch in MT, Pamelot, their TN farm or winter home in San Jose del Cabo, Mexico.

Tuesday, January 20, 2009

Need a loan???????

For sure, President Obama brought some "responsibility" to Wall Street margin clerks today. Gotta believe the overseas camel jockeys who own these banks are feeling rather frazzled. The derivates debacles behind these banks aren't even being addressed. It's like, so if a "subprime" loan was bad for the bank then how about the cowboys who left the banks high and dry and just walked away?

Where are incentives to right the system? There are none. It's a big give-away. The crooks and thieves and fat cats have just walked away to leave John Q. Taxpayer holding the bag.

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