Comments on: And In Other Recovery News… http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 19:17:10 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: VennData http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251555 VennData Sat, 30 Jan 2010 23:51:41 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251555 Rupert Murdock, foreign-born owner of Fox News, just had a Supreme Court ruling that will allow any corporation (who can advertise on his TV station and in his magazine, newspapers and put product placements in his movies) ...and... foreign corporations as well... http://www.nytimes.com/2010/01/22/us/politics/22scotus.html Just got plenty of recovery help from the Supreme Court ruling allowing any corporation to spend as much as they like to sell political product to Americans. Hello China! Rupert got his payback, for such even-handed support of the Bush policies that did such a great job for our nation. Voting has consequences. Rupert Murdock, foreign-born owner of Fox News, just had a Supreme Court ruling that will allow any corporation (who can advertise on his TV station and in his magazine, newspapers and put product placements in his movies) …and… foreign corporations as well…

http://www.nytimes.com/2010/01/22/us/politics/22scotus.html

Just got plenty of recovery help from the Supreme Court ruling allowing any corporation to spend as much as they like to sell political product to Americans. Hello China!

Rupert got his payback, for such even-handed support of the Bush policies that did such a great job for our nation.

Voting has consequences.

]]> By: lalaland http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251538 lalaland Sat, 30 Jan 2010 23:15:13 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251538 rktbrkr – “the NTBTF are starting to fail” - starting to feel like a meyersbriggs personality test up in this joint... rktbrkr – “the NTBTF are starting to fail” – starting to feel like a meyersbriggs personality test up in this joint…

]]> By: cognos http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251435 cognos Sat, 30 Jan 2010 19:05:36 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251435 rktbrkr - "the NTBTF are starting to fail" Hmm... about 150 banks failed last year. Over 100 of them had <1B in assets. I would guess that 90% of them had 30% numbers in Jan. So again, not quite conclusive. rktbrkr – “the NTBTF are starting to fail”

Hmm… about 150 banks failed last year. Over 100 of them had <1B in assets. I would guess that 90% of them had 30% numbers in Jan. So again, not quite conclusive.

]]> By: bsneath http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251403 bsneath Sat, 30 Jan 2010 16:59:13 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251403 Jamie Dimon said we were in the 7th inning a year ago so we must be in about the 15th now? I just hope the economy doesn't use the "sudden death" playoff provision. Jamie Dimon said we were in the 7th inning a year ago so we must be in about the 15th now?

I just hope the economy doesn’t use the “sudden death” playoff provision.

]]> By: rktbrkr http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251397 rktbrkr Sat, 30 Jan 2010 16:25:07 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251397 What ever happened to Tiny Tim's public-private scam? Nothing I guess. Haven't heard anybody talk about what inning we are in. Jamie Dimon said we were in the 7th inning a year ago so we must be in about the 15th now? What ever happened to Tiny Tim’s public-private scam? Nothing I guess.

Haven’t heard anybody talk about what inning we are in. Jamie Dimon said we were in the 7th inning a year ago so we must be in about the 15th now?

]]> By: rktbrkr http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251396 rktbrkr Sat, 30 Jan 2010 16:22:36 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251396 Ramping UP! The NTBTF are starting to fail. The Fed supplies virtually free money to the TBTF to mop up the NTBTF who don't have similar access to the Fed and the TBTF get bigger whilst politicos posture about breaking up the TBTF. And the pols get campaign funding from the TBTFs. Meanwhile BB and TG labor in secrecy. Ramping UP! The NTBTF are starting to fail.

The Fed supplies virtually free money to the TBTF to mop up the NTBTF who don’t have similar access to the Fed and the TBTF get bigger whilst politicos posture about breaking up the TBTF. And the pols get campaign funding from the TBTFs.

Meanwhile BB and TG labor in secrecy.

]]> By: pravin404 http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251387 pravin404 Sat, 30 Jan 2010 15:32:45 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251387 6 banks closed by FDIC on 1/29 with total estimated cost of $1.85 billion. This adds upto $3.2 billions cost of bank failures in January of 2010. Check more numbers on bank failures at : http://portalseven.com/banks/ 6 banks closed by FDIC on 1/29 with total estimated cost of $1.85 billion.
This adds upto $3.2 billions cost of bank failures in January of 2010.
Check more numbers on bank failures at :
http://portalseven.com/banks/

]]> By: Chief Tomahawk http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251380 Chief Tomahawk Sat, 30 Jan 2010 14:41:33 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251380 BR, Mish and Calculated Risk's blog postings provide some interesting insight: http://globaleconomicanalysis.blogspot.com/2010/01/fdic-friday-lotto-another-reason-why.html http://www.calculatedriskblog.com/2010/01/unofficial-problem-bank-list-increases_29.html So, why would banks lend if there's a list out about who's weak and may be taken over by the FDIC? If they hold out, they could win the "FDIC Friday Lotto". BR, Mish and Calculated Risk’s blog postings provide some interesting insight:

http://globaleconomicanalysis.blogspot.com/2010/01/fdic-friday-lotto-another-reason-why.html

http://www.calculatedriskblog.com/2010/01/unofficial-problem-bank-list-increases_29.html

So, why would banks lend if there’s a list out about who’s weak and may be taken over by the FDIC? If they hold out, they could win the “FDIC Friday Lotto”.

]]> By: LeeX http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251378 LeeX Sat, 30 Jan 2010 14:28:31 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251378 I find it remarkable that Canada has had zero bank failures. I find it remarkable that Canada has had zero bank failures.

]]> By: Winston Munn http://www.ritholtz.com/blog/2010/01/and-in-other-recovery-news/comment-page-1/#comment-251375 Winston Munn Sat, 30 Jan 2010 13:31:20 +0000 http://www.ritholtz.com/blog/?p=50486#comment-251375 "Yeah, well, I guess they had it coming. " " We all got it coming, kid. " “Yeah, well, I guess they had it coming. ”
” We all got it coming, kid. “

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