The disgraceful fall of PFG continues to fully evolve as CEO Russell Wassendorf signed a statement linking his suicide attempt to a fraud that he perpetrating stretching back twenty years.  Where was the CFTC or NFA in regulating this monstrosity, and why would anyone trust commodity futures without some form of SIPC insurance moving forward?...Read More

http://seekingalpha.com/article/720181-wells-fargo-update-on-underpriced-growth-and-total-return-potential?source=email_rt_article_title&ifp=0 INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

One of my favorite investors Bruce Berkowitz of Fairholme Funds posted a new slide show today.  He correctly identifies the difference between volatility and risk as defined by a permanent loss of capital.  In this market anything with the perception of risk is being punished quite viciously as the macroeconomic situation is trumping individual stock...Read More