Your humble editor is skeptical that this latest financial rally will turn out to be anything of substance… except another shorting opportunity when the time is right.

Talk about putting your money where your mouth is! Robert Steel, President and CEO of Wachovia, spent 16.1 million dollars on 1 million shares.

Why Buffett likes Wells and US Bank so much, and why Wachovia is a trainwreck by comparison.

Bottom line: The current rout in financial sector shares might smell awful to the simple onlooker. But smart investors should know that it smells like the beginning of the end of their collapse, too.

Why won't execs stop making promises they are not 100% sure they can deliver?

Not so fast

The good news is that the worst of the liquidity crisis seems to be over. After a slow start the Federal Reserve Board under Chairman Ben S. Bernanke has done an outstanding job containing the panic in the financial system and dispelling the fear of a total meltdown.

good news

HOG's problems aren't necessarily slow bike sales

Todd comments on Bank of America's conference call and the financial industry in general.

Despite a rough finish to 2007, Wachovia still expects improvement in 2008

Todd Sullivan looks at recent investments by Eastern investors.

Todd Sullivan looks at the banking fallout and the bargains to be had..