May 6 2010
Warren Buffet standing behind Goldman Sachs? Why did Warren Buffet take this position?
Warren Buffet ruffled some feathers during the Omaha annual Berkshire pilgrimage when he stood strongly behind Goldman Sachs, the embattled investment bank that is now a household name. Buffet made a significant investment behind Goldman during the financial crisis when everything seemed to be going to hell in a hand basket. The deal has brought [...]
Jan 13 2010
2.4 Million Job Openings for 15.3 Million Unemployed: How Average Americans don’t Partake in the Current Casino Stock Market Rally. Most of Net Worth is Stored in Housing but not for the top 10 Percent.
For the most recent job opening data, according to the JOLT survey by the BLS, there were 2.4 million job openings in November of 2009. Now this might seem like a large number but it is not. Consider the fact that we have 15.3 million Americans that are still officially labeled as unemployed. And this [...]