Getting a loan

I’ve read many stories in the past few weeks about how hard it is to get a loan now.  All the stories are saying the same thing – banks aren’t lending, people can’t get loans, so the economy is tanking because people can’t borrow money to buy things. Bullshit.  This past summer I had to […]

Just what is leverage anyway?

I was responding to some comments to a post I made to www.seekingalpha.com a few minutes ago, when I said something that I think needs to be explained further.  I mentioned “leverage” and since that’s been in the news (especially regarding financial stocks) quite a lot over the past few months, I decided to expound […]