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.
Thursday, November 12, 2009
No wonder this guy isn't on CNBC any more
"We all know at this point that our banking system is being used as an unregulated bonus-seeking mechanism for bankers, now underwritten by taxpayers with $23.7 trillion worth of national wealth. Bankers lent pretend money to home buyers to award themselves actual money in bonuses -- making home prices balloon and, in the process, bankrupting America's treasury, currency, the states, and many of its citizens. To simply let the housing market rapidly correct itself (or more likely over-correct) would result in massive societal disruption, possible violence and unnecessary suffering." - Dylan Ratigan
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