Comments on: 10 Links: Monday Edition

By: contrabandista13

contrabandista13 — Tue, 18 Aug 2009 02:33:15 +0000

CNBC: ‘Anyone Who Owns A Suit Can Come On Television’

I thought that policy had been in effect for years….?

By: contrabandista13

contrabandista13 — Tue, 18 Aug 2009 02:26:31 +0000

A little serving of reality from Tyler Durden…..

http://www.zerohedge.com/article/q2-2009-corporate-defaults-more-double-2008-total

Q2 2009 Corporate Defaults More Than Double 2008 Total

“…. The second quarter of 2009 set a new record for the number of corporate defaults, with 82 non-financial events of default, consisting of 16 names in media and entertainment, 15 in autos and 15 in natural resources, according to a new report published by S&P. The total amount of defaulted debt was $254 billion, far larger than the $102 billion spread among 69 defaults in all of 2008…”

The new sub-prime…..

Ciao,

Econolicious

By: VennData

VennData — Tue, 18 Aug 2009 00:51:56 +0000

Wonk Watch

We read the smarties so you don’t have to

http://www.thebigmoney.com/blogs/sausage/2009/05/27/wonk-watch?obref=obnetwork

Includes: Barry Ritholtz, CEO of only research firm Fusion IQ

By: willid3

willid3 — Mon, 17 Aug 2009 23:45:05 +0000

why we need the CFPA http://baselinescenario.com/2009/08/17/a-cfpa-research-brief/

By: jeg3

jeg3 — Mon, 17 Aug 2009 23:41:40 +0000

2009 Tech “startups” Award goes to:

http://techdirt.com/articles/20090817/0133175896.shtml

By: willid3

willid3 — Mon, 17 Aug 2009 23:40:18 +0000

not sure that cloud computing has much to do with mainframes (unless its running linux or unix i guess) have seen enough about it yet (but i have been in that business for more than 20 years). it like distributed (been there done at least twice. nothing new there either) and centralization (again. nothing new there either) so far it looks like a way to save money on utility bills (lots of servers VS one), usually ends up that one is lots cheaper. and most ID theft isn’t by computer by the old fashioned way. some one at a creditor or dumper diving gets your information (been there, didn’t enjoy that ride either!)

By: Thor

Thor — Mon, 17 Aug 2009 23:35:51 +0000

Hrmmm, I’m debating on whether or not I should stop following the stock guys here and follow this bird instead.

http://www.dailymarkets.com/stocks/2009/08/09/lesson-from-a-parrot-buy-and-hold-blue-chips/

I’m joking by the way :-)

By: Bruce in Tn

Bruce in Tn — Mon, 17 Aug 2009 23:32:52 +0000

http://www.marketwatch.com/story/value-line-reduced-equity-allocation-on-monday-am-2009-08-17

October 2000 was last time Value Line was more bearish

“In its Aug. 21 issue, which was emailed to subscribers early Monday, Value Line reduced its recommended equity allocation to the range of 60% to 70%.

This reflects a cautious to outright bearish posture on Value Line’s part, since the firm has never lowered its recommended allocation to below 50%. The last time it was lower than it is now was October 2000.”

By: Mike in Nola

Mike in Nola — Mon, 17 Aug 2009 23:05:38 +0000

Moss:

I imagine you use XP. Solving this problem is one of the better security features of Vista and Windows 7. Guest account off by default. You can have what’s called an administrator account, but if you try to do anything that requires administrative privileges, like access someone else’s data or change an high level setting, it tells you that it requires the privilege and you have to say ok. Some people find this annoying, but it’s really the only solution, much like having to SU in unix. There were so many complaints about it that MS loosened it up in Win7, but you can change it back, which I advise. You don’t see it often once you have the machine set up. Of course, you can still give people limited accounts.

By: Pat G.

Pat G. — Mon, 17 Aug 2009 22:56:31 +0000

@ Mike

You’re probably right. Life’s a bitch…