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Monthly Archives: August 2011

Appaloosa Fund Sold BAC in July

CNBC reported that David Tepper’s Appaloosa Fund sold out of its BAC position back in July.

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Forbes: Fed Helped Create Economic Problems By Weakening the Dollar

“The Fed helped create the problem by trashing the dollar starting in the early part of the last decade. So the biggest thing in the Fed’s arsenal toolbox today is to not continuing to weaken the dollar but actually to strengthen the dollar — tie it to something like g-o-l-d. They’ll never do that but eventually they’ll be forced to do it,”

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