Jul 17
Some Wall Street talking head said today that the worst is over. Oh really. These "earnings" announcements don't really reflect that. This past week we have heard the Goldman Sachs, JP Morgan Chase, Bank of America and Citigroup all reporting a "profitable" second quarter. But don't be fooled by the hype. These reports of "profits" are certainly not an indication that the economy is improving or that these beneficiaries of tens of trillions of dollars of taxpayer money have survived the fi
