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business newsAnswers I Really Wanna Know: The Process and The Path
With each bitter pill taken, aren't we one step closer to recovery?
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You know, the one that mused that everyone was set up for the bailout bounce into the weekend followed by a harsh Monday bummer and a fuse towards S&P 1080 accompanied by a spike to VXO 70?
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Before the MOAS (Mother of All Snappers) arrived?
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"On Turnaround Tuesday?"
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Or is that (cough) “ too easy”?
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While a part of me rests easier that the Constitution of the United States of America was “successfully defended,” do politicians understand the DNA of the disease or the profound consequences of allowing the market self-correct through the process of price discovery?
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Does the single best opportunity to re-establish global credibility involve investigating the complicity of the policy makers responsible for creating the structural imbalances in the first place?
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Isn’t the dilution of financial institution equity a necessary evil as long as the deposits (savings) are protected?
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If you wanna hear me try to talk this through rather than write about it, why not click here?
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Perhaps because that’s what we do?
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But isn’t that the important stuff—the journey—that we so often speak of in Minyanville?
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Which of the three paths we offered in March will ultimately play through?
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Would it really shock you if they suspended trading until such time that a feasible and fair solution is identified?
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Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.
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