Nothing new to say about the markets right now; all eyes are on Wednesday's 2:15 FOMC announcement. I will mention I've started using something very spiffy on the back end of my blog which lets me see – in real time! – every person that pops onto the site and what they're doing. In the daytime, there are typically 500 people on Slope at any given moment. Very cool.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
As reported here yesterday, the CEOs of three investment banks, including, of course, Goldman Sachs' Lloyd Blankfein, decided to give the most powerful leader in the world a big ol' F.U. by blowing off their scheduled meeting. The bankers that did show up made a patronizing gesture of getting there via Amtrak, personal cars, and other middle-class modes of transportation. I'm surprised one of these zillionaires didn't take Greyhound, just to show he's just like us reg'lar folks.
Blankfein et. al.'s excuse of "inclement weather" made it even more insulting, since there was just a little fog in the air. Wow. That takes some serious chutzpah, Lloyd. You better hope there isn't another time in the Obama administration that you need the man's help.
Anyway, it made the front page of the New York Times' business section: