Citi's New Plane

Can you believe this? The bank is still being robbed! $45 million for a new airplane? Don't you think that could better spent supporting the major airlines by booking a few commercial flights? I think the management at Citi and the guy who bought a $15,000 garbage can for his new office at Bank of America ought to be run out of town. Remember the plane and garbage can next time you get soaked for overdraft fees by uncaring banks. I have one question, WHO IS THE IDIOT AT BANK OF AMERICA THAT APPROVED THAT REQUEST FOR THE GARBAGE CAN? Again stupidity reigns in corporate America and we the general public are paying the price.

Wall Street Meltdown Blues

Well, it finally happened. Wall Street finally had a meltdown. This is what happens when you borrow, borrow, and borrow some more, and then put all of your eggs in one basket. Read the blog of why the option arms caught the Wall Street banks. Its time for new leadership and vision on Wall Street. Who knows what the long term effects will be. The US economy is so diversified, and this is such a small group of individuals affected, the rest of us will probably not feel anything.