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Confessions of a Money Manager: Don't get caught in panic seller's trap

Ray Unger — Fri, 03 Oct 2008 17:01:00 CDT

Given the roller coaster ride the market's been on these past few days, I pondered what to write about this week. I thought about the Jane Fonda, Jeff Bridges classic movie, "The Morning After," to illustrate how some traders, after a tumultuous and near drunken orgy of selling, find themselves the next morning holding nothing but cash when the market is skyrocketing upward. Or leading off with that familiar investment chestnut of looking for ...

Confessions of a Money Manager: Paulson's 'bottom' key to solving financial crisis

Ray Unger — Fri, 26 Sep 2008 12:51:00 CDT

Henry Paulson's "bottom" is the key to solving the nation's financial crisis. No, Paulson's bottom is not a place like Washington, D.C.'s Foggy Bottom, nor is it a curvy bottom featured in Fruit of the Loom underwear commercials. Paulson's bottom refers to Treasury Secretary Paulson's effort to find a bottom to the horrendous slide in real estate values, and it's the key to ending the malaise that's infected the financial markets both here and abroad.