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Trader Monk

Trader Monk
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  • BP says the U.S. government is withholding evidence that would show the 2010 Gulf of Mexico oil spill was smaller than claimed. BP has identified 10,000 documents the government has sought to suppress relating to the spill, it said in a filing yesterday in federal court. Facing as much as $17.6B in civil pollution fines, BP wants to minimize the size of the spill and the extent of the damage.  [View news story]
    "The US government withholding evidence"..How could that be,..from the most transparent administraion evah!
    Mar 30, 2012. 08:55 AM | 6 Likes Like |Link to Comment
  • Oil-consuming nations may seek assurances from Saudi Arabia that it will not cut production and neutralize the impact on oil prices if reserves are released, diplomats and industry sources tell Reuters. The issue may be raised by Sec. of State Clinton, in Riyadh this weekend. But last year when reserves were tapped to fill the gap left by Libya's civil war, Saudi output at first remained high, then fell.  [View news story]
    So..I guess this is what you call brain power from the "smartest president ever"..a comprehensive energy plan that includes begging..maybe some more bowing will help..I can't imagine how much foreign leaders are laughing..
    WWRD..What would Regan do?
    Mar 30, 2012. 04:03 AM | Likes Like |Link to Comment
  • "The economy is getting stronger all the time," Jamie Dimon tells CNBC, "I believe the threat of a double dip recession is behind us." Of China, he says the country will see a soft landing, disagreeing with his own analyst who last week said it's not a debate anymore, the country is already experiencing a hard landing. Shares reflexively move a bit off session lows, S&P -0.8%.  [View news story]
    Hey Devlin..isn't that the same name as the pharma company in the Harrison Ford movie "The Fugitive"?
    Mar 28, 2012. 08:48 PM | Likes Like |Link to Comment
  • "The economy is getting stronger all the time," Jamie Dimon tells CNBC, "I believe the threat of a double dip recession is behind us." Of China, he says the country will see a soft landing, disagreeing with his own analyst who last week said it's not a debate anymore, the country is already experiencing a hard landing. Shares reflexively move a bit off session lows, S&P -0.8%.  [View news story]
    MB..I am laughing so hard at your comments I can't write..I haven't laughed this hard since yesterday's episode of Seinfeld..Thanks..
    Mar 28, 2012. 08:47 PM | Likes Like |Link to Comment
  • Ahead of elections expected (but not yet scheduled) in about a month, fringe parties in Greece - ranging from Communists to neo-Nazis - are registering 50% in polls. The political establishment - New Democracy and Pasok - are at just 35-40% vs. the combined 75% of the vote won in 2009. "A recipe for chaos," says a political consultant. (see also)  [View news story]
    Jon..Understood..My comment was more directed at the tremendous level of despair in a country and the willingness of the people to buy into radicalism that offers false hope.
    Mar 28, 2012. 12:08 PM | 1 Like Like |Link to Comment
  • Ben Bernanke yesterday defended the Fed's response to the 2008 financial crisis, saying it prevented "total meltdown" at a time when there were "very real" fears of a second Great Depression. Speaking at his lecture series, Bernanke explained that the bailout for AIG was due to its inter-connectedness. "The failure of AIG...would've been basically the end."  [View news story]
    Tschurin..very funny response..and great idea..wonder how big the market would be?
    Mar 28, 2012. 12:00 PM | 1 Like Like |Link to Comment
  • As gasoline prices continue to spike - now averaging $3.911/gallon, more than $0.20 greater than U.S. drivers paid a month ago - Pres. Obama's popularity is taking a hit in an election year. A new Reuters polls says 68% of Americans do not approve of how Obama has handled energy, and the dissatisfaction reaches across party lines. (also)  [View news story]
    It's GWB's fault..at least the MSM said it was when the prices rose during his tenure..
    Mar 28, 2012. 09:26 AM | 3 Likes Like |Link to Comment
  • Ahead of elections expected (but not yet scheduled) in about a month, fringe parties in Greece - ranging from Communists to neo-Nazis - are registering 50% in polls. The political establishment - New Democracy and Pasok - are at just 35-40% vs. the combined 75% of the vote won in 2009. "A recipe for chaos," says a political consultant. (see also)  [View news story]
    These conditions are similar to those present in Germany that allowed for the rise of the Nazi empire..Very scary..
    Mar 28, 2012. 08:52 AM | Likes Like |Link to Comment
  • Ahead of elections expected (but not yet scheduled) in about a month, fringe parties in Greece - ranging from Communists to neo-Nazis - are registering 50% in polls. The political establishment - New Democracy and Pasok - are at just 35-40% vs. the combined 75% of the vote won in 2009. "A recipe for chaos," says a political consultant. (see also)  [View news story]
    "A recipe for chaos"..Indeed..this is scary..
    Mar 28, 2012. 08:42 AM | Likes Like |Link to Comment
  • Ben Bernanke yesterday defended the Fed's response to the 2008 financial crisis, saying it prevented "total meltdown" at a time when there were "very real" fears of a second Great Depression. Speaking at his lecture series, Bernanke explained that the bailout for AIG was due to its inter-connectedness. "The failure of AIG...would've been basically the end."  [View news story]
    Hey..while you guys are being critical of Ben's "GENIUS"..I am using my time more productively..I am designing a Ben Bernanke bobble head doll except I am having a technical problem..His head is so big the doll keeps falling over..Maybe I should make the base bigger..
    Any of you guys interested in buying one?
    Mar 28, 2012. 08:18 AM | 3 Likes Like |Link to Comment
  • People began queuing for entrance on Friday, but no this isn't an Apple product launch, but Supreme Court hearings on the constitutionality of Pres. Obama's healthcare overhaul, which are due to start today. The case could have implications for dozens of companies, and could define the limits of Congress' power. A ruling is expected in June.  [View news story]
    This case DOES have implications for thousands of companies and ALL Americans..and SHOULD define the limits of Congress' power!!
    Mar 26, 2012. 08:14 AM | 2 Likes Like |Link to Comment
  • President Obama has reportedly selected Dartmouth President Jim Yong Kim to head the World Bank. Kim is a bit of a surprise pick over celebrities like Larry Summers, Hillary Clinton, and Jeff Sachs, but his birth in Korea may help deflect criticism from emerging economies about the U.S. hold on the bank's top position.  [View news story]
    Hoe Tamer "ideology trumps experience again"..Very insightful comment..this does appear to be the modus operandi of this administration.
    Mar 25, 2012. 08:50 AM | 1 Like Like |Link to Comment
  • President Obama has reportedly selected Dartmouth President Jim Yong Kim to head the World Bank. Kim is a bit of a surprise pick over celebrities like Larry Summers, Hillary Clinton, and Jeff Sachs, but his birth in Korea may help deflect criticism from emerging economies about the U.S. hold on the bank's top position.  [View news story]
    "but you are only fooling yourself"..Dana..this sounds like projection..
    I can see you have great anger issues regarding the previous administration but for an objective analysis this appears very similar.
    Mar 24, 2012. 01:47 PM | 2 Likes Like |Link to Comment
  • President Obama has reportedly selected Dartmouth President Jim Yong Kim to head the World Bank. Kim is a bit of a surprise pick over celebrities like Larry Summers, Hillary Clinton, and Jeff Sachs, but his birth in Korea may help deflect criticism from emerging economies about the U.S. hold on the bank's top position.  [View news story]
    Dana..It's OK to be wrong..Just admit it and stop digging a deeper hole..Both parties do it..but the difference is that Oblamo promised us Hope and Change..and the FACT is that he is NO different..and all independent minded and clear thinking Americans can see what is going on..
    Mar 23, 2012. 02:17 PM | 3 Likes Like |Link to Comment
  • General Motors (GM) plans to replace the 120-volt charging cord in nearly all of the Volts it has sold since late 2010. A company exec says the switch is to improve charging consistency - not to address an overheating issue. [View news story]
    Hoe Tamer..Are you suggesting media bias? Just wondering..
    Anybody know if the Volt comes with a fire extinguisher?
    Mar 23, 2012. 08:39 AM | 1 Like Like |Link to Comment
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130 Comments
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