Friday, July 30, 2004

Got the first "Kerry Crash" e-mail yesterday, from an "investment advisor." Apparently, the poor data, unsustainable Price/Earnings, declines in profit, and possibility of alternative investments isn't going to make the market fall, but the possibility that Bush will lose is.



Indeed, it appears that any decline in the market from now until after the election will be blamed on investors "fear" that Bush might lose the election. At least according to those who...er...fear Bush will lose the election.



Feeling guilt for having deleted the e-mail; wanted to reply to the sender with the list of Kerry's top ten donors, courtesy of, and with dollar figures at, CNN):




  • Mintz, Levin, Cohn, Ferris, Glovsky and Popeo

  • FleetBoston Financial Corp. (now part of Bank of America)

  • Time Warner

  • Hale and Dorr LLP

  • Skadden, Arps, Slate, Meagher & Flom

  • Harvard University

  • Hill, Holliday, Connors, Cosmopulos Inc.

  • Verner, Liipfert, Bernhard, McPherson & Hand/Piper Rudnick

  • Citigroup

  • Goldman Sachs Group

Yep; that's a list of firms having nothing at all to do with the market.

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