The ten biggest Wall Street lies of 2009

December 22, 2009 | By | 4 Replies More

Author Les Leopold sums it up nicely, including the fact that TARP is only the tip of iceberg regarding taxpayer money being poured into Wall Street coffers.

Merry Christmas to the big Wall Street banks, who work hard to . . . someone please remind me how these big banks to make the world a better place–what do they do for the economy or for productivity? Please tell me something more convincing than free market fundamentalism.


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Category: Economy, Fraud, snake oil

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

Comments (4)

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  1. Ben says:

    I'd like to recommend a stock.

    IAG (I AM GOLD Company)

    Right now you can buy it for under 16 dollars. My target price is 19.

    Google "IAG". Get it while it's hot.

  2. Ben says:

    Though it's been a rocky ride, IAG is now trading at 19.

    Next pick coming soon…

  3. Ben says:

    Ever heard of Burt's Beez products? Turns out they're made by chlorox. I like CLX (chlorox company) here at around 63, with a target of 69.

  4. Ben says:

    Its been a nice steady climb to 69 for CLX, as expected (hoped).

    Next pick coming eventually, but I'm not going to rush into anything (with the recent rally and all).

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