jimmy46

A Look at George Soros's Recent Trades

he is a smart guy who uhhh... admittedly plays the gray side of the rule book at times, but Goldman Sachs (GS) is worshiped for the same behavior."""""""

Behind every great fortune there lies a crime...

Goldman Bonuses Based on Socialist Policies, Not Capitalism

Before the election, Obaba said he'd raise taxes on the very rich.
So far, he's done nothing.
If these $33 million dollar bonuses were taxed at a higher rate,
the scoundrels wouldn't have such a rich haul.

At least social security taxes should be paid on all income,
only taxing the first $97,000 is a real give away.

John Thain Comes Clean

Creating things that you don’t understand is really not a good idea no matter who owns it""""""""

HE DIDN'T UNDERSTAND WHAT WAS GOING ON YET HE THOUGHT HE SHOULD BE PAID TENS OF MILLIONS OF DOLLARS JUST BECAUSE HE WAS AT THE TOP OF THE DUNG HEAP AT MER??????????

BUT THIS IS TRUE OF HALF THE CEO's,
WHY PICK ON THAIN JUST BECAUSE HE'S HONEST ENOUGH TO ADMIT HE WAS INCOMPETENT.

THE REFORM WE NEED MOST IS HOW CEO's ARE CHOSEN .

Outlandish CEO Pay: How to Fix the Problem

No more stock options. They're a crime waiting to happen. They're not incentives, they're theft from shareholders. """"""""

YES!
AND RAISE INCOME TAXES ON INCOME OVER $1,000,000/YEAR
TO 60-70%.
THEY AREN'T EARNING THE MONEY, THEY'RE STEALING IT,
SO WHY NOT TAX IT?

Thoughts on REITS, Financials and the U.S. Dollar

I agree that hyperinflation is unlikely, but I think we're going to see
10-15% inflation in the next few years as a result of TRILLION dollar deficits.
REITS's will offer good protection during this time.

The way their prices have partly recovered the last 5 months makes me think that others are on to this also.

Time to Get Conservative? 50 Ideas for a Summer Sell-Off

purchased and a covered call option to be sold immediately against it"

THIS IS A STRATEGY FOR LOSERS,
YOU KEEP YOUR LOSERS
& LET OTHERS HAVE YOUR WINNERS.

Credit Card Interchange Fee Datapoint of the Day

The basic problem is that Visa & Mastercard
>>> PROHIBIT charging extra for using plastic.

This seems like an anti trust violation to me.
Stores should be able to charge extra for plastic if they want to.

Holman Jenkins's Errors, Part 1

SO WHEN ARE THE STOCK OPTIONS AND BONUSES THAT CAUSES THIS PROBLEM GOING TO BE ELIMINATED?

NYSE Positioned to Lead Fundamental Corporate Governance Reform Effort

"""management substantially in control of deciding which state to incorporate in, a perverse “market” dynamic exists today that encourages state governments to erect management friendly corporate law for competitive advantage. Management then decides to incorporate in states most friendly to its interest and conversely most unfriendly to shareholders. It's a management lead race to the bottom for the shareholders of the enterprise."""

I REALLY LIKE THIS IDEA.
THANKS

Credit Default Swaps: Financial Weapons of Mass Destruction

dividing line between M1 (does that include gold) """"""

M1 is cash & checking accounts only, gold isn't counted in any of the M's.

Open Letter to SEC: Wall Street's REIT Bait-and-Switch

Read any REIT ANNUAL report:
because they have to pay out 90% of profits every year they

HAVE TO GO TO THE CREDIT & EQUITY MARKETS EVERY YEAR FOR NEW CAPITAL.

Recently the SEC said they could pay up to 90% of those dividends in stock,

BUT THAT DIDN'T AFFECT THE DEBT ALREADY ON THE BOOKS.

ALL THE REITs you mentioned have debt more than 5x market cap.
They need to rebalance their balance sheets.

It's tough for the existing stockholders, but necessary.

Too Late to Complain About Mark-to-Market

Running MTM changes thru the income statement is stupid.

An entry on the balance sheet showing the changes would provide transparency without the traumatic headlines of
mega billion dollar paper losses.

To those purists who think everything on the balance sheet should run thru the income statement first:
I say you live in a fantasy world.

Accounting as it is practiced now is almost worthless for investors.

It's just like politics, a game for the insiders to play.

Ben Graham Had It Right

Had hedge funds and banks understood the limitation of mathematics in the field of finance, they would not have plunged so willingly into sub-prime mortgages and CDS; and we would not be in the pickle that we find ourselves today"""""""""

SORRY, DON'T AGREE.

THE BAD BOYS ON WALL STREET DO WHAT THEY CAN TO MAXIMIZE THEIR BONUSES.

THEY DON'T CARE ABOUT RISK, LOSS TO INVESTORS OR ANYTHING ELSE.

America's Insolvent Banks

A major factor in evaluating banks today should be their earnings capability.

With the cost of funds so low, I'd think most banks are making a killing on their new loans.
This can pay for the bad loans they made in the past.

The WSJ Rewrites History

Some one at WSJ must've read 1984,
that was the job of the main character in that book.

Rewriting history.