The Federal Reserve was not founded to bail out Bear Stearns or a few hedge funds. It was founded to keep a stable currency and maintain its value.

The Federal Reserve was not founded to bail out Bear Stearns or a few hedge funds. It was founded to keep a stable currency and maintain its value.

I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.

My basic advise is don't lose money

If anybody laughs at your idea, view it as a sign of potential success!

Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.

I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.