Caroline Baum’s New Year’s Resolution

December 27, 2010 9:30am by Barry Ritholtz

Caroline Baum — Bloomberg’s snarky, sardonic columnist — imagines New Year’s resolutions for various Wall Street players:

• President Obama promises his base he will attend a weekly meeting of Tax Cutters Anonymous.

• Securities and Exchange Commission pledges to find someone, somewhere who is responsible for some kind of wrongdoing;

• Ben Bernanke promises to cut up his U.S.A. credit card;

• New York Fed president Bill Dudley resolves to explain how it is the Fed can target inflation to the nearest 0.5 percentage point when it missed the mother of all housing and credit bubbles;

• Sarah Palin, former governor of Alaska and Republican phenom, pledges to finish digesting the 800-odd pages (paperback edition) of Milton Friedman and Anna Schwartz’s, “A Monetary History of the United States.”

• Caroline Baum pledges not to pick on Alan Greenspan anymore . . .

There are more at Bloomberg . . .

Source:
Blankfein, Palin Toy With New Year’s Resolutions
Caroline Baum
Bloomberg, Dec. 27 2010
http://noir.bloomberg.com/apps/news?pid=20601039&sid=aqkX7rlz9Jqo

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/

twitter

facebook