Here's more good news.

I got a lot of comments about the Fed's secret bailout of European banks – which failed.  That's posted here:  http://drtom.posterous.com/this-is-pretty-screwed-up-torches-and-pitchfo But only my friend Lee Williams made the astute observation that Paribas (France), which got $175 BILLION is the majority shareholder – read 'owner' – of First Hawaiian Bank.  Do you grasp the implications? […]