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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: freechina who wrote (1671)	10/27/2005 3:21:37 AM
From: TobagoJack	Respond to of 218126

<<Henry Blodget>> on <<Bernankes>> Oh lord, help us.

To: freechina who wrote (1671)	10/27/2005 11:12:37 PM
From: energyplay	Respond to of 218126

My initial reaction was surprise with Bernake's choices. On further thought, they make sense using some of the view in the last item. If you are making a lot of money ( 295 K + 100 K + 100 K) plain vanilla investments will get you where you need to go. Since he is able to get 100 K (per year) for a book, the marginal benefit from spending X hours on a book will be greater (and more certain) than trying to get Y more % Also, as a member of the Federal reserve, you should not be buying individual stocks - you have too much inofrmation flow. Especially financial stocks. Same with being on the President's Council of Economic Advisors. I expect Altria has either inherited or from a consulting job. ++++++++++++++++ I don't think I want a Fed Reserve head who owns David Tice's Bear fund, Newmont Mining and Goldcorp.... Oh, by the way, Eliot Spitzer previously invested in Jim Cramer's Hedge Fund....