Quote of the Day: Uptick Rule

Straight dope:

"To suggest that the removal of this rule is causing the markets to go
down is to loudly announce ‘I don’t understand the credit crisis, and I
am incapable of ever understanding it.’
"

-Jim Bianco, WSJ

The article specifically mentioned Mario Gabelli, Martin J. Whitman, and Jim Cramer as opposing the elimination of the Uptick rule.

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Source:
Blame Game: The ‘Uptick’ Rule Debate
GREGORY ZUCKERMAN
WSJ, April 1, 2008
http://online.wsj.com/article/SB120701263355579045.html

Category: Markets, Taxes and Policy, Trading

Lender-Abandoned, Non-REO Foreclosures

Category: Credit, Economy, Real Estate

More on Federal Withholding Taxes

Category: Data Analysis, Economy, Employment, Wages & Income

Merrill Lynch: Per Capita Recession Began in Q4

Category: Data Analysis, Economy

Ghriskey of Solaris: Stocks in `Bottoming Process’: Video

Ghriskey of Solaris Says Stocks in `Bottoming Process’: Video                                             

click for video
Ghiresky

Timothy Ghriskey, who helps manage $2 billion as chief investment officer at Solaris Asset Management, talks with Bloomberg’s Carol Massar in New York about Lehman Brothers Holdings Inc.’s share sale, the outlook for stocks and his investment strategy, including the recommendation of Alcoa Inc., Assurant Inc. and Union Pacific Corp. Bloomberg’s Erik Schatzker and Julie Hyman also speak. (Source: Bloomberg)   

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Source:
Ghriskey of Solaris Says Stocks in `Bottoming Process’: Video
Bloomberg, April 1 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aNJTc4ZFU6Ns

Category: Economy, Video

Quote of the Day: Bill Gross on Credit Markets

Category: Credit, Economy, Federal Reserve, Real Estate

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Category: Commodities, Investing, Psychology

Today’s Infoporn: Follow the Money in Global Dealmaking

Category: Credit, Finance, M&A

Bernanke: Economy Slowing, GDP Flat in 1H ’08

Category: Economy, Federal Reserve, Inflation

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Category: Data Analysis, Economy