by Thomas Mullooly | Dec 19, 2008 | Asset Management
The federal, state and local governments are co–losers with Madoff investors. Lots of questions are starting to surface regarding Bernard Madoff, and the scam that he’s been running — apparently, for years. I’m starting to read questions like... by Thomas Mullooly | Dec 14, 2008 | Asset Management
It was reported this week that the Treasury Department sold $32 billion in T-bills at a yield of 0%. Yes, that’s NOT a misprint: zero percent yield. These are treasury bills which mature in four weeks. Yields on these kind of investments have dropped from 1.75%... by Thomas Mullooly | Dec 13, 2008 | Asset Management
Former NASDAQ chairman Bernard Madoff disclosed this week that the investment advisory firm he has run (aside from his market making business) was, in fact a fraud. It’s unknown exactly how much money has been lost, but it appears to be somewhere between $17... by Thomas Mullooly | Dec 6, 2008 | Asset Management, Stock Market Comments
Subscribe: Android | RSS (Warning: math ahead!) Covered call writing is when you own a stock (or buy a stock today) …and also sell (or write) a call option against that position. The main thing people forget about covered call writing is this: anytime you sell... by Thomas Mullooly | Nov 26, 2008 | Asset Management
How can so many people be so wrong for so long? It wasn’t all that long ago where we had gas lines, a prime rate that reached 20%, unemployment reaching 12%, and inflation at 13%. All we heard — nearly 30 years ago — the problem was...
