Friday, March 27, 2009

Who is clean on Wall St.?

Who is left in Wall St. that is clean?

Is there any firm or bank who can be considered ethical?

Is there any firm or bank that you could do business with - financing, IPO - that you can

1) trust
2) accept that they too will benefit from your hard work

For 2, it is too repulsive and frankly too dangerous for all our futures to work with the big banks in a way that they become even more wealthy.

It is a good idea to start collecting such information about who’s who, about reputation.

Tuesday, March 24, 2009

Dreams of buying an EV car

In the first paragraph over here the author dreams of buying a EV car from a major car company.
If he could get together 2million of like minded people (not too hard), they could each put in $1000 USD and buy GM outright, based on today's market cap. As the new owners of GM, they could have GM make all the EV cars that it could afford. Times have changed.
(They wouldn't want to do it though)