Echelon Draft

Thursday Outlook: Commodities, Global Markets

Good luck.
Good thoughts are with you and your family.

Whether Wall St. or Sacramento, the Hubris Is the Same

What decisions has Robert Rubin made recently at GS that have had any impact on GS's current situation??

WCI Buyer Hoax? [Housing Tracker]

Who is pretending to be WCI?
By WINK News

Story Created: Jul 20, 2008 at 7:30 PM EDT

Story Updated: Jul 21, 2008 at 1:57 AM EDT
FORT MYERS, Fla. - WCI's Chief Executive Officer Jerry Starkey says he's not sure why somebody is sending-out news releases on his company's behalf.

On Saturday, WINK News and other media outlets in Southwest Florida received a news release purportedly from home builder WCI communities.

The release stated somebody had made an offer to purchase the company. WCI's Chief Executive Officer tells WINK News the release was not true.

Starkey adds there has been no offer made to purchase the Bontia Springs home builder, and he does not know who sent the news release.

Microsoft Crosses a Line

This is obfuscation on Ballmer's part to divert attention from bearing down on his own problems.

Question - when all is said and done, what is the foundation of Microsoft's success? It's control of the OS.

Given that, Vista should be (and is) representative of the best they can offer to their customers.

If I were Ballmer, I would do whatever necessary to keep investors from focusing on that. Ultimately that is a management issue.

If I were a Microsoft investor, I would certainly want to understand how they intend to improve the management of Yahoo when they can't even manage/protect their most valuable asset.