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EVENING READING

11 September 2009 by TPC 2 Comments

Wall Street Is Like Playing Poker -  Wall St. Cheat Sheet

The Hedge Fund Rebound Is Bad News -  Bernstein

Sears Is Still A Mess -  Jeff Matthews

The Collapse Of Lehman Averted A Second Great Depression -  The Telegraph

The Feds Should Have Bailed Out Lehman -  Business Insider

Is This Rally For Real? -  Fortune

Break Up The Banks To Fix The System -  FT

Art Cashin Is Seeing Some Eerie Similarities To The 1987 Market Crash:

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World's Largest Hedge Funds (market folly, 3/9/10)
Read more on Lehman Brothers, Hedge Funds, Sears Holdings at Wikinvest

2 Comments »

  • xxxxL said:

    Any one fainting to ignore these balance sheets ,these manipulations, is missing the greatest point of contention and future friction ever!

    http://www.occ.treas.gov/ftp/release/2009-72a.pdf

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    # 12 September 2009 at 6:10 AM
  • TAW said:

    TPC,
    What do you think about what Art Cashin said? Could the rally be because of algorithm trading? The volume is still low now. It puzzles me.

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    # 12 September 2009 at 9:05 PM