flatman

On Recent Financial Stories

When in doubt, hire an expensive nationally known consultant. Its a wonderful and costly CYA when you have no idea what to do and don't trust your staff.

Yikes, But Duh: Housing Bottom Could Be Two Years Off

They view this as a 'confidence' problem so they are 'restoring our confidence'. Shows you how isolated politicians can become. You've got 2 choices in housing - raise wages or lower house prices. Without easy credit and with a service economy it could take a while. Seems like stagflation will accomplish both over time.

Wall Street Breakfast: Must-Know News

So Kelly - if Wall street and the republicans are so tightly interwoven - why did the senior wall streeters contribute so much to Hillary and Barrack??

Why It's Time to Be Invested in the New Recession

I remember a time when sentiment said that a 200 PE or no PE was Ok if a company had a business plan that included the words 'dot com'. That didn't work out so well for a lot of folks. Unfortunately in the real world right now corporate profits are being juiced by a weak dollar at the expense of the consumer who will pay more at the pump and in the grocery store.

Could Citi's Deal Signal a Turnaround?

The hedge funds appear to be making a bet on government bailout of homeowners. Wouldn't it be funny if the bailout made them another round of billions iin profits.

Could Citi's Deal Signal a Turnaround?

Did C get $12B or did they make a loan get the transaction done?

Wall Street Breakfast: Must-Know News

On the Citi deal - its 90 cents to the dollar but its leveraged. Anyone know what the discount on that is?