oh yeah, just read that article.
i just want to see steady increase over days, weeks, or months instead of quick pops.
just look at all the schmucks who worked for both private banking industry and the government agencies.
there is a report, and it says obama is pushing lawmakers to replace.....blah, blah.. i don't think lawmakers will concede (at least, not republicans) to obama this time after that the government shutdown and debt ceiling fiascos. it is a long process, and obama will be gone before anything happens.
that doesn't mean that it has a right to con and rape Fannie. JPM was one of the major beneficiaries when the financial crisis hit in 2008. they gained more than the settlements.
Innovation? The technology was already there. Tesla is a decent car, but if big German and Japanese boys (BMW, Mercedes, Audi, Lexus and so on) start to make electronic cars, then you can say Tesla goodbye. Tesla might do well in the US, but with extensive sales/marketing networks these companies have worldwide, Tesla's future seems bleak. Everybody knows BMWs, Mercedes, Hondas, and Toyotas, but if you ask average Americans outside big cities (LA, SF, NYC, and Miami), they have no idea what Tesla stands for. Soon or later Tesla has to expand globally to capture market share, but its brand identity can't compete with Germans, Japanese or other European big boys.
It is 9:23 pm here in Malaysia, and I am hoping for another positive day FNMA. A few good news came out over the weekend, so let's see how we fare today. Good luck to you all.
oh boy, another idiot thinks tesla is an apple of automobile. when bmws, mercedes, porsches starting to roll out, then tesla is the pear.