Thursday, January 21, 2010
Morgan Stanley Profit = $714 per unemployed person
Morgan Stanley (MS) reported earnings today, January 21, 2010, of $5 billion. With 7 million unemployed that is $714 for each one. If MS distributed those profits (made from small traders in the proprietary high speed trading operation) to the unemployed, it would be a step to reduce the anger that the public has for these outrageously unfair banks.
Sunday, January 3, 2010
85 years: Stocks v. Administration
Two images below show the DJ-30 first from 1968 forward and then from 1915 forward. Pictures can be worth a thousand words as the saying goes.
From 1968 through 2009 (click to enlarge):
From 1915 to 2010 (click to enlarge):
From 1968 through 2009 (click to enlarge):
From 1915 to 2010 (click to enlarge):
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