Posts filed under “Financial Press”
> Today – SPMs are down 14.60 in Sunday night trading because Obama’s chief economic adviser, Larry Summers, asserted while appearing on Fox News Sunday, that the economic freefall is over but, “I expect the economy will continue to decline… [with] sharp declines in employment for quite some time this year.” (Reuters) • “The anticipation…Read More
Let’s revisit the old linkfest days: • U.S. Is Said to Prepare Filing for Chrysler Bankruptcy (New York Times) See also Who killed Chrysler? (Fortune) • Mr. Geithner Flexes Muscles: The Treasury Secretary Tells Investment Banks Government Is in Charge That was seen Tuesday in his disabusing the Street’s investment banks from the idea that…Read More
Yesterday, I had a lunch meeting about Bailout Nation with the folks at Borders HQ in Detroit was quite interesting. I was over-caffeinated, and essentially babbled away for 2 hours. I did manage to remember to ask a few questions, and learned quite a bit. It was an education for me in a real “Art…Read More
Proinsias O’Mahony: “Blogs have gone from being eccentric postings to become essential financial reading: SOME OF the savviest and most in-depth analysis of the global banking crisis has come from the financial blogosphere. Luminaries like Nouriel Roubini, Nobel economist Paul Krugman and former IMF chief economist Simon Johnson are all active bloggers while equally valuable…Read More
From Money Magazine: They rank four “standout financial blogs” in terms of being the are the most informative (and entertaining) financial blogs on the Web. > Cowen DeLong Kedrosky Ritholtz > I can’t speak for the other bloggers, but I think my picture may be actionable . . . > Source: Best money-related bloggers MONEY…Read More
“Although perfectly legal, this move is also perfectly delusional, because some day soon these assets will be written down to their fair value, and it won’t be pretty.” -Steven Roth, professor of management at the Tuck School of Business at Dartmouth College, on Bank of America’s earnings fraud > We been discussing how many of…Read More
Cramer references on the Simpsons?
Millhouse’s dad yells at Cramer ?!? That has to be some sort of cultural jumping the shark sign of the Apocalypse.
Or maybe, its the peak of Cramer bashing . . .
Go to the 3:54 minute mark
I have a few good quotes in this piece: “While bloggers sometimes get bad reputations for ranting and raving from the sidelines, it’s hard to question the credentials of some renowned bloggers, such as Princeton economist Paul Krugman, last year’s Nobel Prize winner, and the notoriously bearish New York University economist Nouriel Roubini. “Blogs have…Read More