October 2008

Are we behaving rationally? Is what we are seeing the normal unwinding of risk? How much more fear do we need to see for markets to stabilize? The questions are pouring in. The answers are all over the map. If one more person says the sky is falling, I am going to lose my mind. Believe me, I have been bearish and noted it many months ago on this blog, but we need to start talking ... read more

“I know people are scared watching the markets unravel. Don’t panic. That is the worst thing that you could do in a market like this. Think about it. How often do you look at your 401k statements in a good market? Don’t make quick decisions when those decisions are based on fear. Time horizons are different for different people. For some this market will present opportunities of a lifetime. ... read more

We have talked a lot about this rescue plan or bailout depending on what you call it and I have received a lot of visibly angry comments from some of you. First of all, I am thrilled that you are speaking out and offering options. This is everyone’s opportunity to speak their peace before this bill passes or fails. On my last blog about the plan, I brought you one alternative from Richard ... read more

Dallas Mavericks owner and HDNet Chairman Mark Cuban joined me this morning on Money for Breakfast. He was fired up!!!! I had a blast. He said everything that was on his mind and held nothing back. Cuban is concerned about credit markets and funding businesses. He is a huge believer in free markets but he also said he has never had to pay attention to bank lines and credit limits like he is ... read more

Eugene Ludwig... is the name familiar? If it's not, you may want to become familiar with it. Ludwig was the U.S. comptroller of the currency from 1993 to 1998 during the Clinton Administration. As comptroller, Ludwig oversaw the federal agency responsible for supervising federally-chartered commercial banks and federal branches and agencies of foreign banks. Prior to his position on the Hill, ... read more