I am from Bethesda, right outside of DC and I grew up in Baltimore when I was a kid just a few years ago. I usually browse the Washington Post and the Baltimore Sun on a daily basis, but this is some bullshit.
If you’re from MD, this is a “WTF” moment…sort of like the one we had during the last hour of today’s trading.
You see, the Mayor of Baltimore just got indicted on 12 counts of all sorts of shit (“allegedly”) that runs parallel to crony capitalism, apparently giving favors to her ex-boyfriend, misappropriating stuff, being charged with theft, perjury, and all the other corrupt stuff that are practiced by other known politicians. This is another case of taxpayers’ money being funneled for personal use.
I’d like to see her get out of this one.
In addition, I, on behalf my fund, recently received the coveted Mayor’s Citation. Is it even worth anything anymore?
So, what does any of this have to do with trading? Well, not much, but in an era where people are getting Madoffed left and right, it’s especially important to do due diligence on people that are in positions of power.
And, of course, if you are a person in that sort of position, please don’t fuck it up.If you enjoy the content at iBankCoin, please follow us on Twitter