the ~OTHER SIDE~ of window dressing
January...February...March...
Monday March 31 is the last day of the first quarter of 2008
Fund managers ALWAYS dress up their ****tfolios in preperation of the
quarterly re****ts
being paid by people of means to manage their money is tricky business
"Dressing " up the ****tfolio with marquee blue chip names and removing
those symbols of a recent "perp walk" is a great way to get nodding
approval from the constituancy and to keep one's cushy job.
No perps have walked... yet... but by now even sub saharan tribesmen have
heard of the sub prime debacle and know that Citi, WaMu and BofA are
getting clobbered.
All the presidents men are working on the problem... ****pping pallet loads
of taxpayer money in damage control.
Job one for the folks who print money is protect the banks.
There is a bounce to be played in C WM & BAC
