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  • Equities lower following report of Ukraine plane crash [View news story]
    putin doesnt even respect his own parliament, why do you expect him to show respect to a leader two continents away.
    Jul 17, 2014. 01:11 PM | 2 Likes Like |Link to Comment
  • Australia repeals carbon tax, BHP says move will help competitiveness [View news story]
    The polluters should pay for the harmful externalities they create. Anyhow a tax is only an incentive for innovators to come up with new technologies and the government was supposed to be using the money to help fund research.
    On a sidenote Abbot supports a tax on gasoline so that his BHP corporate lobbyists are happy.
    Jul 17, 2014. 01:06 PM | Likes Like |Link to Comment
  • Plan D for Aereo? [View news story]
    go into overseas markets fools. SCOTUS ruling does not reign supreme in europe and asia.
    Jul 17, 2014. 12:07 PM | 2 Likes Like |Link to Comment
  • At the second time of asking, EU Finance Ministers have agreed on measures to deal with failing banks. Losses of up to 8% of a bank's total liabilities will first be imposed on shareholders, creditors and major depositors with over €100,000, after which governments will be able to supply funds of up to 5% of liabilities. As further protection for taxpayers, states will create resolution funds that they'll finance with levies on banks. EU leaders are set to approve the measures at a meeting today. [View news story]
    touching deposits is a bad idea.
    Jun 27, 2013. 11:47 AM | Likes Like |Link to Comment
  • What If Google Ran Monetary Policy.... [View instapost]
    I laughed so hard when i read this. "I'll get a message to Geithner"....hahaha.
    Jun 12, 2013. 03:56 PM | Likes Like |Link to Comment
  • Capital One (COF) agrees to pay $3.5M to settle SEC charges the company and two senior executives understated millions in auto loan losses in 2007. As is usual in these cases, the bank and execs neither admitted nor denied the findings. [View news story]
    Cost of doing business as usual....understate a couple hunderd million and pay measly 3.5 million slap on the back.
    Apr 24, 2013. 05:54 PM | Likes Like |Link to Comment
  • The FDA won't appeal a decision to overturn the conviction of a salesmen who was found guilty of marketing narcolepsy drug Xyrem for treating drowsiness and chronic fatigue, two conditions for which the medicine wasn't approved. A court quashed the conviction because it said FDA regulations violated free speech in a decision that could have wide ramifications for the agency's ability to regulate off-label drug marketing. [View news story]
    This individual is selling a drug, since all drugs are approved by the FDA for treating some condition which they specify and this individual is lying about the conditions this drug can treat; His lie doesn't won't help the public in any way, I don't see how free speech is violated. LOADS OF CRAP.
    Jan 24, 2013. 11:28 AM | Likes Like |Link to Comment
  • It's tough to find any market pros to go on the record, says a fired-up Gary Kaminsky, but what they're telling clients is the election was bad news for stocks. The bull market from the 2009 lows was about stocks priced for Armageddon meeting massive central bank stimulus, he says, but that dynamic is played out, leaving the markets to deal with the reality of a weak economy and questionable leadership in D.C. [View news story]
    politics has very little to do with stock prices. There are big issues such as EUROPE, and the fiscal cliff uncertainty, If these things get resolved we will have a bull market.
    Nov 15, 2012. 01:13 PM | 2 Likes Like |Link to Comment
  • The SEC and CFTC ought to merge, says a House subcommittee, as confusion about who had oversight for what likely contributed to the MF Global fiasco. The report also questions the FRBNY for giving MF primary dealer status despite a clear record of "prior risk management failures (and) chronic net losses." Yes, but the CEO had an A-list rolodex. [View news story]
    well the political influence comes because one party or the other nominates these regulators. Also the regulators have to continually worry about getting their budget cut, if they become too "regulatory."
    Though the FRBNY has no excuse, Dudley should retire already.
    Jon Corzine escaped only b/c he was a senator before.
    Nov 15, 2012. 01:05 PM | Likes Like |Link to Comment
  • Reversing decent premarket gains, stocks turn lower mid-morning, the Dow and the S&P each down about 0.7%. The fiscal cliff gets the headlines, but don't forget the perverse effects of monetary policy. After listening to a month's worth of financial company earnings calls, it's become clear the business of using money to make money is sluggish-to-lousy at the moment. [View news story]
    Seeking alpha editors keep your opinion on monetary policy to yourself. Let the readers decide for themselves whether it's a "perverse" policy or not.
    Nov 14, 2012. 11:14 AM | Likes Like |Link to Comment
  • "Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier[View news story]
    well we have to hold the 98% hostage for the demands of the 2%......we did sign a no new taxes pledge you know :)

    (Though I don't know how they would say they upheld the pledge if we fall over the cliff)
    Nov 7, 2012. 03:46 PM | 1 Like Like |Link to Comment
  • "Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier[View news story]
    I think we have been hearing about the ghost of inflation ever since QE1 but still have to meet this elusive figure. Anyhow the FED controls QE not the president, and votes next year are hawkish.
    Nov 7, 2012. 03:41 PM | 1 Like Like |Link to Comment
  • Principal write-downs on mortgages could be coming as the President's reelection likely means Ed DeMarco's days as FHFA chief are numbered. Applying the quaint notion the housing agencies are to be stewards of taxpayer money, DeMarco has blocked administration plans for write-downs, arguing they would not just be costly, but ineffective as well. Nice to know you, Mr. DeMarco. [View news story]
    More republican BS. Best way to get the economy moving is to move it from the bottom up. WIth the banks not allowing people to refinance, underwater homeonwers need relief.

    Oh and I have heard all the arguments about making bad decisions and where is my chcek when I am current.... Simple answer, these people were also current but when people lose their jobs (financial crisis) paying monthly mortgages becomes harder.

    Also the government has limited resources and must allocate them efficiently. Simply put, its more bang for the buck to help the underwater homeowner than anyone who is current.
    Nov 7, 2012. 03:23 PM | 1 Like Like |Link to Comment
  • Aeropostale's Stock Is Healthy And Looking To Rise [View article]
    When I look at the reward in ARO vs AEO, I am more inclined to invest in AEO because it has a dividend and growth capability.
    Nov 1, 2012. 11:18 AM | Likes Like |Link to Comment
  • AIG is paid back with interest for a $5B loan it made to the Maiden Lane III fund set up in 2008 to help bail the company out. That's correct - AIG loaned $5B to the fund created to rescue it. The total amount paid back to AIG was $5.6B. (PR)  [View news story]
    financial BS........those 0.6B belong to the taxpayers.
    Jul 17, 2012. 06:52 PM | Likes Like |Link to Comment