Ten resolutions that will help you survive the coming bear market - MarketWatch: "Now the crisis is metastasizing: Hundred of billions of dollars in write-offs reducing shareholder equity, hundreds of millions of dollars in severance pay to CEO losers. Worse yet, Wall Street's insiders rubbed salt in their shareholders wounds by passing out $38 billion of the shareholders' profits in bonuses, averaging more than $600,000."
The advice in the article is good food for thought, if not entirely tasty. Even if the ideas aren't 100% correct, it's good information to consider and accept OR reject.
Happy New Year, folks. Like the old Chinese curse, it appears we're heading into Interesting times.
Tuesday, January 01, 2008
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