Wall Street Breakfast: Must-Know News [View article]
Dollars for Dishwashers - wonder if there is anything else I can help my neighbor buy. Or should I say is there anything else we can charge to our grandkids?
Wall Street Breakfast: Must-Know News [View article]
Greed has been around for a long time. It will pop its head up again and again.
On Jun 19 08:51 AM axelrod608 wrote:
> >> "Financial reforms snag non-banks." >> > > Unrestrained greed with a total lack of concern for risk got us here. > Will sufficient reform in regulation to fix the problems have unseen, > unanticipated consequences ? Absolutely. This is not necessarily > a bad thing. > > The financial industry was allowed to "grow like topsy" and turned > out to be an unregulated disaster. If our leaders don't fix it, > it will likely have another meltdown in the future. > > What we should really be doing in public policy is to debate the > issue of whether an economy 70% driven by consumer spending with > half of the rest coming from finance is a desirable or sustainable > economy. In my estimation is is not. > > As an old gearhead I like to use car analogies. For $60,000 you > can restore a 1955 Chevy to new condition. For $20,000 you can buy > a new Cobalt. Which do you want to drive daily ? We need an economy > that serves today's needs, not an unsustainable antique designed > for an era long past > > We need too-big-to-fail financials like a fish needs a bicycle. > Our kids and grandkids need an economy that will serve them as well > as we have been served. I'd sure like to see our "leaders" get something > right for a change..
Wall Street Breakfast: Must-Know News [View article]
Maybe a reason for continuing jobless claim drop is because the extension of benefits puts your income too high to draw food stamps. Go figure! The gov't gives with left hand and takes with the right.
Wall Street Breakfast: Must-Know News [View article]
Most boards are a joke. They are paid big bucks and only work a day or two a month. Check out any major corporation and see what they pay their board members. Many board members have full time jobs and it ain't being a member of the board. The only thing crazier than the board is the compensation committee. "You vote to pay me more and I'll vote to pay you more". The real problem is the major stock holders - funds. Most fund managers don't have the time or even care how the CEO's run things. Does the replacement of the GM CEO by the government have to have the "advice and consent" of the Senate?(G)
S&P 500 Watch: March 'Winners' Are Actually the Biggest Losers [View article]
I agree with your RTM. The markets tend to overshoot and those sectors that have fallen the farthest will come back the most. The question is which sectors will comeback the fastest. D/C is one measure for stocks. What about cash flow in the tight lending market?
Wall Street Breakfast: Must-Know News [View article]
I think Congress needs to hold hearings on why the price of oil is so low. Is it those short sellers? We cannot have the price of gasoline so low maybe Congress will increase the gas tax. Every penny drop in gasoline is the equivalent of $1B stimulus.
Hedge Fund Tracking: Tiger Global (Chase Coleman), Q3 2008
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It took the market a generation to recovery from the '29 crash. We could be talking the Letter M. Ofcourse, if you don't put direction and time in the same forecast any will work.
Retailers, Hotels Top Forrester's Customer Experience Rankings [View article]
How much time do customers spend filling out the surveys? I get it down ASAP so I can get the discount then move on. I doubt the reliability of such a survey.
Microsoft: Free Cash Flow Analysis [View article]
Wall Street Breakfast: Must-Know News [View article]
Eminence Making a Lab Services Bet? [View article]
51 Option Ideas for Bears [View article]
Wall Street Breakfast: Must-Know News [View article]
On Jun 19 08:51 AM axelrod608 wrote:
> >> "Financial reforms snag non-banks." >>
>
> Unrestrained greed with a total lack of concern for risk got us here.
> Will sufficient reform in regulation to fix the problems have unseen,
> unanticipated consequences ? Absolutely. This is not necessarily
> a bad thing.
>
> The financial industry was allowed to "grow like topsy" and turned
> out to be an unregulated disaster. If our leaders don't fix it,
> it will likely have another meltdown in the future.
>
> What we should really be doing in public policy is to debate the
> issue of whether an economy 70% driven by consumer spending with
> half of the rest coming from finance is a desirable or sustainable
> economy. In my estimation is is not.
>
> As an old gearhead I like to use car analogies. For $60,000 you
> can restore a 1955 Chevy to new condition. For $20,000 you can buy
> a new Cobalt. Which do you want to drive daily ? We need an economy
> that serves today's needs, not an unsustainable antique designed
> for an era long past
>
> We need too-big-to-fail financials like a fish needs a bicycle.
> Our kids and grandkids need an economy that will serve them as well
> as we have been served. I'd sure like to see our "leaders" get something
> right for a change..
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