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.
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
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