buffalogordon

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    • Wed Jul 23rd 17:55 PM | Rating: 0 0
      Commented on:
      Online Travel Trouble: American To Ditch Kayak; Is Orbitz Next?
      The consumer is really the loser when they use Kayak or Orbitz. Use them as a reference - but go directly to the airline website to buy your ticket. You will pay at least 5 dollars less for each ticket.
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    • Tue Mar 18th 13:11 PM | Rating: 0 0
      Commented on:
      Let's Get Real About Bear Stearns
      I agree with the author. Bear was NOT bailed out - they were swiftly liquidated and backstopped by the Fed to keep global credit flowing. Bear was widely known to be a loner on the street - they had no friends. Therefore, instead of the other investment banks helping Bear stay afloat through the turmoil, they were swiftly taken down on a rumour. No trust. Extraordinary times call for extraordinary measures. As much heat as Bernanke takes, I think his scholarship with regard to understanding the machinations of the Great Depression helped here.
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