Just when you thought Wall Street was going to undergo a major transformation and reform, the Obama administration has created an opportunity to profit. It was only a question of time before the investment bankers stood up, shook off the dirt and began to think of the next vehicle for success. [...]

Timothy Geithner told the Senate Banking Committee that he wants to sell the warrants acquired through the TARP program sooner rather than later.

Are you getting as tired as I am listening to the ‘brains’ on CNBC? Last week they were talking about the return to better times – even some talk of the DOW testing longer term resistance levels. Today, everyone seems to have gotten up on the wrong side of the bed and is looking not for sunny and 80 degrees, but rather a beginning of a protracted cold war.

From time to time it makes sense to step back, see where we have been and then set our sites on where we are going. History is nice but it’s just that.

Well the results are in and go figure the findings are better then expected.

Although the effects of the recession are not complete, Goldman’s numbers and those of Wells Fargo might suggest that the worst is over. A few weeks back during a prime time update on the economy, President Obama suggested that technology and communications could broadcast information quicker when things get bad and when they get better.

Is it spring or is the economy beginning to thaw out?
The markets are up 20% off the bottom which generally suggests a ‘bull market’. We are not quite ready to say that everything is fixed.