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Sick and tired of a Wall Street that lies to us and then assumes weâ€™re too stupid to figure it out?

By: capt_nemo in WRGO | Recommend this post (0)
Tue, 06 Dec 11 5:27 PM | 71 view(s)
Boardmark this board | Reality news,,,,,,,,

Msg. 01885 of 18626
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Donâ€™t get mad â€” get even.

Consider one of the more outrageous examples of Wall Street mendacity, which occurs like clockwork every December: window dressing.

Mutual-fund managers will sell a losing stock near the end of the year in order to avoid having their disastrous bets memorialized in year-end reports.

Note carefully that there is no legitimate investment reason for this activity. After all, it is

http://finance.yahoo.com/news/don-t-mad-wall-street-050129566.html?l=1

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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