Week In Review: Where Did The Money Go?

Recap

So, where do you think the money came from?

Review

Where do you think the money went?

What To Do

Where is your money going! Here is the problem. People think they understand finance, economics, the stock market, real estate investing, but they don’t. The difference in the business of investing is someone is right and someone is wrong. It’s black and white. It’s 100% defined, calculated, and documented by performance figures and track records. It cannot be argued, refuted, or changed based on someone’s particular view, opinion, political party, religious affiliation, or anything other than….you were right or you were wrong. Period (no exclamation points, just a period!). If people want to live in the land of false illusion thinking that the “customer is always right”, then they are going to suffer the loses, the meek performance, the financial calamities that are well documented all over the internet, all over SEC filings, and cemented in the hearts and souls of those on Wall Street who have raped and pillaged their way to fame and fortune. Fortunately, we live in America where the small investor can compete AND win against Wall Street. With the track record and performance figures Wall Street has accumulated (with our tax payer dollars) this is not hard at all to do. Let’s take a look at the black and white, undeniable, horrific performance of Wall Street: The two most prominent banks on Wall Street are Merrill Lynch and Goldman Sachs. Performance and track record of Merrill Lynch: Bankrupted Orange County, CA with bad advice (circa 1994). Bankrupted numerous companies with bad advice and investment banking deals during the internet bubble (circa 2000). Bankrupted its own company (Merrill Lynch circa 2008), the US economy, and the World economies with rogue, blind, maverick bond trading schemes, the same of which have been taking place for decades on Wall Street! Who ran Merrill into the ground? And, how much were they paid? Here are the facts! Stanley O'Neal (ex CEO of Merrill Lynch) was compensated $48 million in 2006, $46 million in 2007, and $161.5 million in stock and options when he was fired from Merrill in late 2007 (that's $255.5 million in just two years for one guy!). Months later (circa 2008), Mr. O'Neal can't even be reached for comment, Merrill Lynch is bankrupt, and the US government has to force sale the failed bank to another failed bank – Bank of America. Track record and performance of Goldman Sachs last three CEO’s: Robert Rubin (ex CEO of Goldman Sachs, ex US Treasury Secretary) left Goldman to be Treasury Secretary, then went on to bankrupt Citigroup (circa 2007-2009) being paid $100,000,000 + to do so. Yes, that’s $100 million dollars!!!! Hank Paulson (ex Goldman Sachs CEO and ex US Treasury Secretary) would have lost a personal fortune of $600 million in Goldman Sachs stock had Goldman Sachs been allowed to go bankrupt. As Treasury Secretary, Mr. Paulson forged the blank check on behalf of the American taxpayer, and then blindedly handed over $23.7 trillion (that's right, look it up!) to all his poker buddies at the Wall Street casino. Jon Corzine (ex CEO of Goldman Sachs, ex US Senator and Governor of New Jersey, ex CEO of MF Global, one of the top picks for the next US Treasury Secretary by President Obama – who endorsed him personally in aforementioned political offices) has always been known as a rogue, reckless, over confident bond trader at Goldman Sachs and on Wall Street. He was ousted by one Hank Paulson (what a coincidence?) as CEO because the board found him to be “incompetent and incapable of running the bank”. He then goes on to bankrupt the state of New Jersey, and performing the perfect trifecta, goes on to bankrupt MF Global (which stands for Managed Futures on Wall Street and/or Major F _ _ _ Up on Main Street). IF Wall Street can't manage their own money, what makes you think they can manage your money? At Clark Brothers Investments we are different. We judge ourselves by how much money we make for our clients, not by how much money we make for ourselves.

Quote of the Week

The American ideal is that we are “a nation of laws, not of men,” as John Adams put it.

Clark Bros. is hiring!

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Clark Bros. is hiring Independent Registered Investment Advisor Representatives – full time, part time, anytime, anywhere. Please visit our web site at www.clarkbrothersinvestments.com for more information.

Jason R. Clark
T:  720 255 5711
jason@clarkbrothersinvestments.com
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Clark Brothers Investments
Registered Investment Advisors
18810 E. Whitaker Circle
Aurora, CO 80015
www.clarkbrothersinvestments.com