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Monthly Archives: February 2009
Wells Fargo: Huh?
Wells Fargo revised its fourth-quarter loss due to a new $328.4 million charge related to losses on investments. The San Francisco-based bank said its loss for the quarter widened to 84 cents per share from a previously reported 79 cents … Continue reading
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I didn't sign up for this…
Again, the caveat: I’m a leftie Dem, but a $2 trillion deficit and we’re to believe we’re not going to see an increase in taxes on the middle class. On the other hand, why wouldn’t we expect the old politics … Continue reading
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I never wanted to be a banker….
and now we’re looking at owning up to 40% of CitiGroup, with the same CEO (though a board of directors change). Aren’t we all getting a bit angry?
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Bobby Jindal
I suspect enough’s been said, let’s just triple what’s been said and cross him off the list.
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General Motors
The company lost about $10 billion in the fourth quarter and nearly $40 billion last year. Why is Wagoner still Chief Executive Officer. I’m a left wing liberal, but let this company go.