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All Posts Tagged With: "daily reckinging"

The Biggest Transfer of Wealth in History

“Hedge Fund Manager Describes Rock Bottom,” says a New York Times headline.

Poor Mr. John Devaney. He had to sell his Renoir. His Gulfstream. One of his mansions. And his yacht. Ouch. He says he’s personally lost $150 million trying to…

12Jul2008 | Daily Reckoning | 0 comments | Continued
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  • Recent Comments

    • LOL that Youtube thing probably really is a good idea. I too, doubt he will act so boldly to institute a ...
      HalP | 20Nov08 | More
    • Honestly I doubt it, but who knows. Obama is looking to FDR for inspiration so we'll soon see if bold ...
      Stephen Oakes | 18Nov08 | More
    • Seriously! Does he really think that O would do such a thing?
      HalP | 18Nov08 | More
    • Absolutely, Marc, better late then never. Thanks for the link to, "Big Bailout: What The Fed’s Decision Means For Stocks - ...
      HalP | 13Nov08 | More
    • Hi HalP, Marc Lichtenfeld here -- thanks for the kind words. While I agree with you that some should ...
      Stephen Oakes | 13Nov08 | More
    • Actually for most of it might be past time fore a personal evaluation of portfolios. It's certainly good advice, Marc. Fear ...
      HalP | 12Nov08 | More
    • I got to tell you that is is on of the scariest reads I've seen since the bailout was proposed.
      HalP | 10Nov08 | More
    • I agree -- thanks for your comment HalP!
      Stephen Oakes | 3Nov08 | More

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