Fuld’s Misquote Contest

At Lehman’s annual meeting held in April of this year, Richard Fuld, CEO of Lehman Brothers, was rumored to have said: "I will hurt the shorts, and that is my goal."

That quote was widely circulated — but it turns out to be wrong. You see, Fuld never actually uttered that phrase. The speech he gave was incorrectly transcribed.

What Fuld actually said was "____________."


You can fill in the blank below

Category: Corporate Management, Short Selling

Fed To Raise Rates? (I doubt it)

Dan North of Euler Hermes provides a smart overview of what the Fed’s options are:



Category: Economy, Federal Reserve, Video

Gas Prices & Income, Nationally (by County)

Category: Energy, Politics, Wages & Income

Enhanced Misery Index

Category: Data Analysis, Employment, Inflation

Media Appearance: CNBC’s Squawk on the Street (6/10/08)

> This morning, I am on CNBC’s  Squawk on the Street, at 9:35 am. Overseas markets are trading very heavy, and US Equity Futures are looking pretty rough. Back in January, we discussed our outlook for 2008 — here’s how we saw the year in January, with actualy mid year lows. Index_________2008 Mid Year______2008 Final______Actual…Read More

Category: Media

12 Questions on Markets and the Economy

Category: Commodities, Credit, Economy, Federal Reserve, Inflation, Investing, Markets, Real Estate, Technology, War/Defense

Poor Regulatory Oversight

Category: Credit, Derivatives, Federal Reserve

Rosenberg Sees ‘No Better’ Than 1% U.S. Growth in 2009

Merrill’s Chief Economist is not very sanguine on the odds for a quick bounce back.

Audio: Rosenberg Sees `No Better’ Than 1% U.S. Growth in 2009   

David Rosenberg, chief North American economist at Merrill Lynch & Co., talks about the May U.S. employment report, the possibility of "stagflation" in the U.S. economy and the outlook for growth.

00:00 Jobs report, outlook for U.S. economic growth
07:31 Home prices; inflation-commodity price link 
13:00 Home market outlook; "It’s not stagflation."
15:55 Bond spreads; consumer price inflation
19:41 Is America ready to retire?                

Running time 21:05
Last Updated: June 6, 2008 17:49 EDT

Rosenberg Sees ‘No Better’ Than 1% U.S. Growth in 2009: Audio
June 6 2008

Category: Economy, Employment, Video

For Those About to Rock, We Have Always Low Prices*

Category: Digital Media, Music, Retail

Newsweek: Why It’s Worse Than You Think

Category: Contrary Indicators, Financial Press, Psychology, Trading