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Archive for October, 2007

Optimism

Wednesday, October 3rd, 2007

Credit crunches and buildings fall. The world turns upside down and things we used to count on become the dreams we wish we still had. The sounds of happiness and laughter drift into sounds of yelling and despair and all that we used to hope for gets trapped in dissonance and angst. Call it a [...]

Message From Someone In Need

Tuesday, October 2nd, 2007

I got this message today from a friend here at school. Please read this note. Hello, My name is Avi Kremer. Three years ago I was a normal, healthy 29-year old. Then I was diagnosed with ALS, also known as Lou Gehrig’s disease. Now I am confined to a wheelchair, and I can barely use [...]

The Understatement of The Year

Tuesday, October 2nd, 2007

Greenspan Sees `Rethinking’ on CDOs After Losses Although the equity markets regained their footing and have now surpassed the peak set this summer, the credit markets continue to be in difficult shape, highlighted by Citigroup’s announcement yesterday that they will take a huge loss based on writing down some of their credit assets. I try [...]

Observations on the markets and the world with realistic optimism