Bristol-Myers Squibb Co. (BMY)

All Comments on BMY

  • commenter
    informedinve
    stor
    Sep 23 11:54 AM
    Wall Street Breakfast: Must-Know News [view article]
    Enter your comment here

    www.truthout.org/artic...     Reply
  • commenter
    jetpilot
    Sep 23 11:47 AM
    Wall Street Breakfast: Must-Know News [view article]
    no time to think just act... Reply
  • commenter
    jetpilot
    Sep 23 11:41 AM
    Wall Street Breakfast: Must-Know News [view article]
    TBill as a card carrying conservative and Iraqi war vet, I find your statement about the similarities between the rush of the Patriot Act and this crisis eerily familiar...Quick quick give me your wallet so I can buy a fire extinguisher your house is on fire or folks this offer is available only today if you don't act now all is lost..Was not our hasty entrance to an unpopular war marked by a deafening beat of drums to action that nobody could hear themselves think to make an appropriate response... Reply
  • commenter
    Right in
    San
    Francisco
    Sep 23 11:03 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Rawdogbuffalo is close to the point. Obama has said that he would want Paulson to participate in a transition - vague, but a recognition that a broken hand-off won't work, and that politically the public is being asked to trust Paulson. Given that trust, he would be a great asset to either side in the campaign, but cannot be courted or commit one way or the other until after the extreme politics of getting the package passed. I would think that he will be quiet until after the election - wanting to spend at least a year or two with either administration bringing his baby to life - and deciding who lives and who dies throughout the American economy. Reply
  • commenter
    Shaggieman
    Sep 23 10:45 AM
    Wall Street Breakfast: Must-Know News [view article]
    I suppose you folks all saw this one. Looks to me like Lehman transfered money out so they could go BK.


    www.independent.co.uk/...     Reply
  • commenter
    TBill
    Sep 23 10:00 AM
    Wall Street Breakfast: Must-Know News [view article]
    As pointed out, there are major problems with this bill. As with the Patriot act, it's being rushed thru with the threat that if it is not passed now, the ensuing meltdown will be on your heads. The problem is the threat is real. So what's a Congresscritter to do?

    As for the SEC being responsible, if you hand me a loaded gun, I'm I required to shoot myself with it?

    Reply
  • commenter
    axelrod608
    Sep 23 09:26 AM
    Wall Street Breakfast: Must-Know News [view article]
    Hank Paulson wants to be the only one who knows how much bailout money goes to whom and what they do with it -

    My suspicion is that this tells us more about these institutions' balance sheets than they want us to know. Based on the amount of derivatives in world markets - 1,000 trillion dollars - and the likihood they are concentrated in the American market, the probable reason for banks to still be reluctant to grant loans to one another is that they either know or suspect the others have far more bad paper under their kimonos than they care to admit or want others to know. .

    What Paulson is proposing is a blind bailout - first we shovel a ton of money into these institutions, then they show us what they're hiding in their level 3 portfolio. If Paulson were still running Sachs and another bank came to Sachs wanting to be bailed out, would he agree to give the other bank a ton of money on these terms ? No way.

    Granted, the Federal government hasn't made a single decision based on sound business principles in a very long time, but isn't it about time to start ?

    As for Paulson's "for my eyes only" pitch, if my government wants to dump a few trillion dollars into some poorly run, failing businesses, I want to know who's getting how much and what they are doing with it. 700B is just the beginning. They created this mess with a lack of transparency. Public policy should demand a thorough examination of all assets and liabilities, not just the ones they are willing to show us.

    The more reluctant they are, the more it makes one wonder if these firms have really flat out illegal transactions buried in their unreported assets. Who says they have no "Enron" accounts ?

    Finally, good public policy would also require different management. It makes no sense whatsoever to pour the greatest amount of public money in history into failing businesses and leave the management in place that created the situation. Let them flip burgers, not CDO's




    Reply
  • commenter
    this Bud's
    for you
    Sep 23 09:00 AM
    Wall Street Breakfast: Must-Know News [view article]
    Heads need to roll at the SEC. This crisis lands right at their door.

    From John Mauldin (9/19/08):

    Want to get really mad? Up until 2003, all investment banks were allowed only 12 to 1 leverage. Then in 2004, the SEC basically gave five banks (and only five banks) the ability to lever up 30 or even 40 to 1. Bet you can guess the five banks. Bear, Lehman, Merrill, Morgan and Goldman. Three down.

    As Barry Ritholtz wrote: "So while the SEC runs around reinstating short selling rules, and clueless pension fund managers mindlessly point to the wrong issue, we learn that it was the SEC who was in large part responsible for the reckless leverage that led to the current crisis."
    Reply
  • commenter
    Vin Diesel
    Pham
    Sep 23 08:57 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Breaking News
    Cramer's help for buy and sell     Reply
  • commenter
    nuffsaid
    Sep 23 08:54 AM
    Wall Street Breakfast: Must-Know News [view article]
    Another riddle. How many people in foreclosure are the ones who bought their houses with 100% to 125% financing and can walk away with no real financial loss? And if they are bailed out does this just preclude another or continuing cycle of foreclosures? Reply
  • commenter
    User 266011
    Sep 23 08:06 AM
    Wall Street Breakfast: Must-Know News [view article]
    "Decisions by the Secretary pursuant to the authority of this Act
    are non-reviewable and committed to agency discretion, and
    may not be reviewed by any court of law or any administrative agency."
    This language must be opposed in the proposed bailout legislation.
    Reply
  • commenter
    turd
    furgeson
    Sep 23 08:03 AM
    Bristol-Meyers Squibb vs. Imclone: Icahn Stirs Up the Pot [view article]
    So nova, I guess your 100 shares won't be voting for the tender offer? Bummer.

    If I recall, the open market placed the value of IMCL a lot less than 62.

    I can't wait to hear who the mystery bidder is, and after DD they can't make a binding offer for whatever reason.     Reply
  • commenter
    rawdawgbuffa
    lo
    Sep 23 08:00 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Riddle me this, don’t you think McCain or Obama should tell us who will be their Treasury Secretary? Just a query. I mean with almost a trillion dollars on the line. Reply
  • commenter
    brokerbila
    Sep 15 12:02 AM
    My Website
    Stay Clear of Traditional Asset Classes [view article]
    This link seems to be working fine. Was it off the web momentarily on March 1,2008? economicindicators.gov/ Reply
  • commenter
    notsosmart
    Sep 14 01:21 PM
    My Website
    Bristol-Meyers Squibb vs. Imclone: Icahn Stirs Up the Pot [view article]
    i saw icahn interviewed on a tv show a few years ago.he was asked about all his activities re finance.he stated that he has all the money he needs.all this is just a game to win.he should be very comfortable as in my opinion wall st has just become a kind of casino.the sheeples have no idea or clue whatsgoing on. Reply
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