GregY

Wall Street Breakfast: Must-Know News

Axelrod, I hope you don't mind a full copy your comment to be published on my blog. It's just that I couldn't express it better myself. Thanks you.

Wall Street Breakfast: Must-Know News

If you need to look for guilty party (s) here are my candidates:
1. Chris Dodd or is it "Dudd" and Barney Frankes are the arhitects of mortgage disaster should imo join the architect of Enron debacle;
2. George "no veto" Bush who betrayed his constituency and didn't learn much from his personal experience of S&L meltdown.

At least the Exxon skipper was drunk....

Wall Street Breakfast: Must-Know News

It is not the lack of knowledge, it is deliberate manipulation of a free and honest debate. These tactics have often been used by socio-fascists to manipulate public at the times of challenging economic conditions. The refusal of corrupt politicos to deal with energy policies for decades provides them with another attempt to destroy the system they parasite off. The oil state monopolies and pseudo-Greens are "the speculators" everybody is looking for. They have different motivations, but the common goal - the destruction of free markets.

Under The Radar News - Friday

I agree with Simple Simon, the real competition in this space is a very short supply, and with it real innovation.

Under The Radar News - Wednesday

"Software plays catch up." - perhaps now there is also a need in education catch up, so management can learn how to produce ROI from investment into technology. There is a gap opening up in the marketplace.

Under The Radar News - Wednesday

Re Politician wants to age-limit energy drinks. That would be a first step in a right direction - legalize drugs. Just imagine positive impact on our economy if we would stop wasting billions on unnecessary law enforcement, military operations abroad, and jailing millions of people. Well, that would be too sane, never mind.

Wall Street Breakfast: Must-Know News

Soros vs Greenspan. This is an ideologically colored debate in an economic arena - Social Liberal Democrat, who believes the Government, can do ANYTHING vs Objectivist Libertarian. As long as one remembers that these are believes and opinions, rather than superior knowledge, we can pace our bets and enjoy the entertainment.

Under The Radar News - Friday

The next subprime? Adler's call sounds like nostalgia for 2K "good times" hoping to scare businesses into colossal spending campaign. Perhaps infrastructure investments are not a bad thing in recessionary time. Even if this recession is politically induced for election purposes.

Under The Radar News - Tuesday

More analysts diss Merrill. - Perhaps these analysts should be involved in assessment of their employers. They seem to have more insight into financial health of this troubled market than people who run it. Isn't is great to be paid for just an opinion and have no accountability for an outcome? Oh, wait, don't their bosses are doing just the same for even more money? Why do we care what they estimate?

Under The Radar News - Monday

It seem strange to speculate that there is any reason for a corporate marriage for such a successful company in a growing market segment, but perhaps the reports of scalability issues and doubts in Salesforce ability to resolve these issues in a timely manner are a root of these rumors.

Options Trader: Tuesday Outlook

Amazing how much political commentary for so little market substance.

Who Is Jerome Kerviel?

Quoting Soros is the best way to undermine any hypothesis. His partisan motivations and ambitions make anything he says sound deeply suspicious and far outweighs his financial reputation.

How come the wisdom of Societe Generale management's decision to unwind such a damaging position in one day is not being questioned?

Selling Over? I'm Just Not Buying It.

I love this talk about collapsing home prices in CA in FL. Where is this bull comes from? With 90% of CA RE located in the areas, price collapse in Stockton and such is merely a statistical blip. Prices in Bay area and even in San Diego are still within 5% of the top.