A “resurgent Wall Street”, hm?
The question is, how does The Street lure back the small investors? Because they sure ain’t buying stocks like they used to!
Should this be titled “Wall Street is Back”, or “Big Daddy Government is Now Sleeping on the Couch!”
It’s amazing what $20 trillion or so in taxpayer money can do.
Watch this video-”electronic run on the banks”-Kanjorski-2009.
At about the 2:15 point in the video, Kanjorski talks about a “tremendous draw-down of money market accounts”-550 BILLION dollars, in less than an hour.
Remember when Hussein and McCain came back from the campaign trail when this happened?
Pres. Bush looked scared to death, McCain looked very concerned, and Hussein looked bored. (thanks, soros-fool us once...)
Someone is trying to bait the little guy back into the market—NONE for me!
Sell! Sell! Sell!
Wall Street is back? Did it bring back my money?
This whole idea of an 'investment banker' on 'Wall St' is a crock. In real life the term 'investment banker' can refer to anyone working in the capital markets, but in the Economist/loony-left/Obamafaction world it's the evil exploiting pin stripe capitalist yadda yadda. Even the idea of a Wall St. is bogus. OK, so maybe 50 years ago something actually physically happened there but capital markets have long since gone electronic; even the NYC financial offices have moved uptown. All that's left on south Manhattan is the image: