That’s the title of the lead story on the Huffington Post website today-9/25/09. I encourage you to watch the 5 minute interview with Inspector General of TARP-Neil Barofsky. It’s not good news, but it’s the truth. Kudo’s to the Huffington Post for their excellent investigative journalism-well done.
Click this link to watch the interview:
Neil Barofsky-Tarp Inspector-9-09
Archive for September, 2009
“One Year Later, Financial System May Be In Even Worse Shape”
Posted in Uncategorized on September 25, 2009 | Leave a Comment »
Dollar Woes
Posted in Uncategorized on September 24, 2009 | Leave a Comment »
As our country racks up more and more debt, the U.S Dollar depreciates further and further. Right now it’s a slow, drip, drip drip. It may be the case; that the dollar gradually heads lower during the next decade. Or, we could see this process accelerate overnight. No one knows for sure.
Over the past few [...]
Setting Financial Goals
Posted in Uncategorized on September 24, 2009 | Leave a Comment »
As stock markets around the globe start to rev up again, the siren call of higher returns will get louder and louder. The recent crash may have jolted you out of your slumber in terms of your asset allocation; you probably have more in bonds than you did before the crash, but that new pragmatic [...]
Playing it too Safe
Posted in Uncategorized on September 1, 2009 | Leave a Comment »
There’s a large amount of investors sitting on the sidelines, parking their money in treasury bills, CD’s or money market accounts too scared to make a move. For those that lost a lot of money during the recent crash and need their investments to grow in order to fund their retirement, this may not be [...]