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Monday, December 01st, 2008

Hot Topics : $8 Trillion in Bailouts | Biotech Stock Bargains | The Greater Depression | Thanksgiving Turkeys

Posts Tagged ‘ Dick Fuld ’

Welcome to the Financial Whirlpool

Oct 13th, 2008 | By Bill Bonner | Category: Politics & Economics

“It is not just a few investment decisions that are being corrected, it’s the delusions of an entire generation.” says Bill Bonner in The Daily Reckoning. What’s happening is “a huge anti-bubble is forming … a financial whirlpool marked by exaggerated thrift, debt destruction and sweaty-palmed investors.”

Tags: Bill Bonner, credit crisis, Dick Fuld, Downturn Strategy, JPM, LEH, Wall Street crisis, WMT
Posted in Politics & Economics | CommentsWelcome+to+the+Financial+Whirlpool2008-10-13+15%3A22%3A11Bill+Bonner

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