Financial course fees for investors are getting ridiculously expensive. In the Lehman Brothers debacle, some investors parted with their life savings to learn the complex financial terms, like collaterized debt obligations, derivatives, credit default swaps, first to default, credit linked notes, etc.

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Read more on Bernard Madoff, Ponzi scheme at Wikinvest

A lot of economic data are gloomy and suggests bitter months ahead but the recent stock rally defies logic. Long term trend is still bearish. To temper the exuberance, look at this 8 scary predictions - Dow 4,000, food shortages, a bubble in Treasury notes, etc.

Over $7 trillion dollars have been made available by the US government to rescue the financial sector and the economy. That’s about $23,000 for every American, and more than half of US GDP. However, allocations for the beleaguered auto industry remain pitiful and Detroit’s Big Three desire a larger piece of the pie to maintain their status quo.