Tuesday, August 10, 2010

The Recovery So Far....

Posted by Sean Doyle, August 10, 2010
(Just in case you were wondering, the monkey is the Fed, and the dog is the U.S. economy...)

Is Chairman Bernanke the hero of the Great Recession? WSJ Economics Editor David Wessel seems to think so...



Thursday, August 5, 2010

On The Road Of Capitalism There Are Passengers And There Are Drivers...

Posted by Colin Doyle, August 5, 2010.

"Pretty Boy" Lloyd's super-team has gone from perfecto to downright choppy in it's trading division. Goldman Sachs, which (remarkably) posted zero down trading days in Q1, has revealed in a filing that they had 10 days of trading losses in Q2. (Including 3 days of 100+ Million in losses...ouch)

Why the sudden change in trading performance? Insiders believe Lloyd's wild rock-n-rolla lifestyle may have contributed to the lackluster results.

Here's the linkage: