The One Time Sheriff of Wall Street
Airtime: Thurs. May 7 2009 | 7:39 AM ET
Insight on how the financial crisis could have been avoided, with Eliot Spitzer, former New York State governor and Arianna Huffington, The Huffington Post co-founder/editor-in-chief.
The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. —Jesse Livermore
Feb PPI fell .6% headline vs expectations of a drop of .2% but the core gain of .1% was right in line with forecasts. The headline figure was led lower by a 2.9% fall in energy prices (led by gasoline) while food prices rose .4%. Energy prices have since reversed, with gasoline in particular at the highest level since Oct '08 so PPI will move up again in March. Inflation in the pipeline was mixed but comes after strong gains in Jan. Goods at the intermediate stage of production rose .1% after a 1.7% gain in Jan. Ex f&f it...
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May 7th, 2009 at 3:57 pm
[...] Spitzer on Squawk Box | The Big Picture Collected by culturalcapitalism 00 mins ago from http://www.ritholtz.com // Event.onDOMReady(function() { // sizeText($(‘video_title’), 475); // }) collect this [...]
May 8th, 2009 at 12:02 am
I’ve said it before, what he did was illegal. But his lawbreaking is less than a footnote in comparison to the lawbreaking at even ONE of the major banks…why did HE have to leave and not the geniuses in AIG/Citi/BofA/etc
May 9th, 2009 at 10:27 am
This guy was a shameless shake-down artist and hypocrite — his prosecutions as AG didn’t send anyone to jail, but squeezed hundreds of millions of $ from shareholders to NYState. Please don’t aid his attempted rehabilitation.
May 14th, 2009 at 5:43 pm
this guy is the worst check out what they wrote about him on http://www.stonezone.com … Spitzer literally blackmailed Marsh and McLennan Insurance into taking Cherkasky from the bowels of Kroll Investigative Services, owned by M & M, and promoting him to Chief Executive Officer of M & M. When company directors objected to Cherkasky’s lack of insurance experience they were told that Spitzer would not settle fraud charges against the company unless Cherkasky was installed. “No Cherkasky -no settlement,” one director told me directly.