Condor Options | Tag Archive | socialism for the rich

Tag Archive | "socialism for the rich"

American Comintern

Tuesday, September 9, 2008

“If anybody thought we had a pure free market system, they should think again.” - Robert Bruner, Dean of The Darden School of Business at The University of Virginia [h/t Top Gun FP] A number of readers have asked us for our take on the Freddie Mac/Fannie Mae bailout, so here it is. In the financial blogosphere, reactions to events are immediate, if often half-baked; in academia, reactions are thoughtful but take months or even years. We figured…

Midweek Smeagol Reading

Wednesday, August 20, 2008

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In a note yesterday morning to members, we were looking for an oversold rally, and said rally still has yet to materialize in any big way. We still think the S&P will close the week closer to 1300 than to 1250, but that’s a conviction loosely held. The two biggest questions on our minds for the remainder of the week are: Will the financials stop dragging everybody down? $BIX, $BKX, XLF all had a good day today, but they…