Welcome to Capital Account. In the most recent development of the Samsung vs. Apple patent war, Samsung is suing Apple on grounds that the iPhone5 infringes on its patents. In a world where Too Big To Fail has been singularly associated with the financial sector, could a single tech and consumer products giant have a disproportionately visible effect on the larger US economy? Measured by sheer market capitalization, Apple set a record in August as the most valuable US company the world has ever seen. We ask analyst Reggie Middleton if Apple’s next development will be the iBubble!
Plus, Obama’s mortgage task force finally barked. The New York Attorney General is filing a civil lawsuit against J.P. Morgan, alleging widespread fraud by the company’s Bear Stearns unit in the sale of Mortgage Backed securities. We talk to Reggie Middleton about the impact of this lawsuit and whether it has any bearing on the MBS market today.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_silv.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_gold.gif)
this guy always impresses me … no sound bytes… well thought out … well presented … and it makes enormous sense …. shorting apple would be an idea if i could ever face the share market again ….
no i’ll stick to silver
Reggie Middleton is awesome. I especially enjoyed his analysis of the indoctrination system, err I mean education system on a previous Capital Account episode.
Reggie’s analysis of Apple being overbought and over-represented in the Nasdaq is indicative of Apple being a possible Black Swan. When Apple begins to lose its lustre in the eyes of the big institutional investors and they begin to hit the sell button, the result could bring down the Nasdaq. This in turn could open a whole new can of worms.
And the beat goes on.
iPhone, iPod and there other gadgets are just distractions made by the big and rich corporations to keep the others hypnotized by these. Also, who cares if Apple got sued by Samsung? Oh yeah, the others does because they won’t be getting their gadgets!