Hedge Fund

  •  (1) |
  • 1 (11) |
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  • 9 (17) |
  • A (1544) |
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  • K (113) |
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  • P (1998) |
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  • V (402) |
  • W (624) |
  • x (3) |
  • Y (39) |
  • Z (14) |

How do you go from $130/share last year to a "fire sale" to JPMorganChase at $2/share?



Well, here's a quick run down on the timeline of events that led to this disaster.

I am running out to pick up the kids, but will be back with more. I just twitted that I feel the stock market is like a really bad telenovela. So now I feel compelled to blog why. Gotta go pick up the kids first.


liza's picture

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I've essentially been driven out of activism, and being gainfully employed is much more attractive than being marginalized. Note this doesn't mean there are no benefits - it means it's not worth the costs. The fact that the skeptical side considers a weighing of positives and negatives, while the marketing side seems to follow a cultist reinforcement of only favorable evidence, inclines me to believe that the skeptical side is right and the marketing side is wrong.


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