Care to watch the CEO of Indymac, the second largest bank failure, at a press conference this weekend?
Listen to the words carefully. You will hear something that is entirely untrue but it is carefully scripted to suggest that your deposits are safe and secure.
Let me know if you pick it up.
http://www.youtube.com/watch?v=YWObzm9O1Nc
About Me
- Dan Cofall
- Dallas, Texas, United States
- I'm a talk show host on the CNN Network (AM1190 in Dallas/Ft. Worth). We simulcast and podcast at thewallstreetshuffle.com. You can hear us on iTunes. Our show, “The Wall Street Shuffle” is heard daily 4-6pm and is an irreverent mix of current economic and financial topics and investment advice. I've never met a central banker I like nor a government I trust with my tax dollars. I am a well-armed gold bug and think inflation is a greater threat than water-boarding. It’s just too bad that I can’t open up and share my feelings…
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