From: September 2012

Sixteen Trillion…

One trillion is one million million so if you multiple that by 16 you have our debt today. That puts your burn rate in perspective. Nobody understands that number and there is no likely way to pay it back. You can read until your eyes bleed, but forget getting your head around it. It’s growing …

Morgan Stanley – Let my Brokers GO!

If you are a broker/advisor/client car washer/financial planner (ha) at Morgan Stanley (Smith Barney, Dean Witter), it is like being involved in your own modern version of The Exodus. Like Charlton Heston, I can imagine the meeting where Morgan Stanley’s CEO stood in front of his troops and declared ‘…’You must own $FB shares…lot’s and …