Today’s show is focusing on bad calls – I’ll call it the “oops” episode.
Bank of America has come out today to say “oops”, indicating that they were wrong on their previous position on the S&P 500.
Bill Gates, founder of Microsoft makes success stories out of just about everything. We’re going to look at one of their corporations – Optimum Energy Company, which filed Chapter 11 on Wednesday.
The last oops is Wells Fargo. They have decided that they’re going back to 2006 and 2007 and likely returning to sub-prime.
And you lucky folks listening on the internet get the special segment, which will recap the week and talk about some of the stories that I didn’t have a chance to talk about during the week.