gatekeeper's Comments gatekeeper's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/161394/comments Patricia Cohen says her ex-husband, SAC Capital Advisors' Steven Cohen, hid millions from her in her divorce. A common enough claim in divorce proceedings, except she says some of the millions came from 1980s insider trading, which is likely to put another uncomfortable spotlight on SAC's dealings. http://seekingalpha.com/news/market_currents/post/38407?source=feed#comment-809217 809217 Wed, 16 Dec 2009 19:26:59 -0500 Big banks and other lenders are facing opposition on the rates they charge from a newly unifying front: various faith-based organizations, coming together under the idea "10% is enough" to call for the return of anti-usury laws, saying that the system is off-kilter if banks profit by destroying borrowers. http://seekingalpha.com/news/market_currents/post/38147?source=feed#comment-802366 802366 Fri, 11 Dec 2009 17:57:22 -0500 Banks are pressing for a key accounting change, saying they could help the Fed's exit strategy if they don't have to record reverse repurchase agreements on balance sheets when they act as middlemen. http://seekingalpha.com/news/market_currents/post/37221?source=feed#comment-777921 777921 Wed, 25 Nov 2009 19:27:18 -0500 A lawyer for employees of AIG's (AIG -1.3%) Financial Products unit - the CDS-selling division that was the source of the company's meltdown - threatens "instant litigation" and mass departures in March if promised bonuses aren't paid. http://seekingalpha.com/news/market_currents/post/37204?source=feed#comment-777450 777450 Wed, 25 Nov 2009 13:54:00 -0500 US Airways (LCC +2.3%) delays delivery of 54 Airbus jets until at least 2013, a move the company says will boost its available cash by about $150M this year and $450M by the end of 2010. Boeing (BA) -1.4%. http://seekingalpha.com/news/market_currents/post/37097?source=feed#comment-776337 776337 Tue, 24 Nov 2009 22:05:52 -0500 Bubble watch, aluminum edition: The metal has rallied 32% this year, and Barclays Capital forecasts a 29% increase in its surplus next year. How can the price keep rising when warehouses hold enough aluminum to make 69,000 Boeing 747s? http://seekingalpha.com/news/market_currents/post/37048?source=feed#comment-774178 774178 Source: www.kitcometals.com/ch...]]> Mon, 23 Nov 2009 19:17:20 -0500 Source: www.kitcometals.com/ch...]]> Too many turkeys: In a market where one-fifth of the product is consumed on a single day, turkey producers must use guesswork - and this year it's a bit off, with a surplus driving down bird prices. http://seekingalpha.com/news/market_currents/post/37027?source=feed#comment-774168 774168 Mon, 23 Nov 2009 19:07:22 -0500 UBS (UBS) notifies U.S. clients by registered mail that their account details may be handed over to authorities. Lawyers say the move may itself be a breach of Swiss securities law, because authorities could use the paper trail to trace customers. http://seekingalpha.com/news/market_currents/post/34379?source=feed#comment-720013 720013 Sun, 18 Oct 2009 21:53:39 -0400 Surprise! No bank failures Friday night. Tally for the year holds at 98. http://seekingalpha.com/news/market_currents/post/33980?source=feed#comment-711658 711658 Sat, 10 Oct 2009 10:49:14 -0400 Having closed the sale of its assets to GM and its lenders, auto parts maker Delphi (DPHIQ.PK) emerges from bankruptcy after four years with four of 44 plants left and just 14,000 of its more than 50,000 workers: a regrettably bumpy ride, according to former CEO Steve Miller, who - after reducing his salary to $1 - faced picket signs saying "Miller isn't worth a buck." http://seekingalpha.com/news/market_currents/post/33742?source=feed#comment-705945 705945
I'm betting the former, since Delphi will be controlled by a group of over 50 banks and hedge funds, all led by Elliott Management and Silver Point Capital. This will be a great case study for what happens when many owners end up holding a post-BK piece, as opposed to being owned by one or two private equity firms. ]]> Tue, 06 Oct 2009 18:53:15 -0400
I'm betting the former, since Delphi will be controlled by a group of over 50 banks and hedge funds, all led by Elliott Management and Silver Point Capital. This will be a great case study for what happens when many owners end up holding a post-BK piece, as opposed to being owned by one or two private equity firms. ]]> Closing Update for Friday, Sept. 18: Bull Run Hangs On, Barely http://seekingalpha.com/article/162301-closing-update-for-friday-sept-18-bull-run-hangs-on-barely?source=feed#comment-683651 683651
I hope a long time, of course, but I'm just curious how long they'll sit it out.]]> Sat, 19 Sep 2009 17:41:49 -0400
I hope a long time, of course, but I'm just curious how long they'll sit it out.]]> All that cash on the sidelines is due to come into the market, right? Birinyi Associates says the biggest influx comes at the peak. "It's somewhat of a reverse indicator ... You do want money going in, but you don't want this tremendous shift." http://seekingalpha.com/news/market_currents/post/30605?source=feed#comment-631161 631161 Sat, 15 Aug 2009 15:54:42 -0400 Will Lear Declare Bankruptcy? http://seekingalpha.com/article/146279-will-lear-declare-bankruptcy?source=feed#comment-572189 572189 ______________________...
RE-
> I will support Lea and the american auto industry. Next time when I
> buy a new car, It will be an american made car. Before, I always
> drive Toyota brand car.]]> Thu, 02 Jul 2009 17:17:20 -0400 ______________________...
RE-
> I will support Lea and the american auto industry. Next time when I
> buy a new car, It will be an american made car. Before, I always
> drive Toyota brand car.]]> 'Too Big To Fail'? Wait - What About Anti-Trust? http://seekingalpha.com/article/127786-too-big-to-fail-wait-what-about-anti-trust?source=feed#comment-439431 439431 Wed, 25 Mar 2009 09:46:20 -0400 Markets are taking a bounce into the close, still underwater but well above lows. http://seekingalpha.com/news/market_currents/post/19377?source=feed#comment-416533 416533 Fri, 06 Mar 2009 16:33:06 -0500 Line U-6: A Sell Signal for Bulls and Bears http://seekingalpha.com/article/113457-line-u-6-a-sell-signal-for-bulls-and-bears?source=feed#comment-347981 347981 en.wikipedia.org/wiki/...

On Jan 06 02:27 PM BigJake wrote:

> This may be a investor newbie question, but how does one "short"
> the market? I own stocks and mutual funds. How is it possible to
> profit from the market going down? If someone has a link to point
> me to so I can self educate I'd really appreciate it.]]> Tue, 06 Jan 2009 19:14:09 -0500 en.wikipedia.org/wiki/...

On Jan 06 02:27 PM BigJake wrote:

> This may be a investor newbie question, but how does one "short"
> the market? I own stocks and mutual funds. How is it possible to
> profit from the market going down? If someone has a link to point
> me to so I can self educate I'd really appreciate it.]]> Line U-6: A Sell Signal for Bulls and Bears http://seekingalpha.com/article/113457-line-u-6-a-sell-signal-for-bulls-and-bears?source=feed#comment-347434 347434
Can you add a little more background to show the spread relationship between these two numbers in previous employment situation reports? To point it out one time without any context can be misleading.]]> Tue, 06 Jan 2009 11:15:56 -0500
Can you add a little more background to show the spread relationship between these two numbers in previous employment situation reports? To point it out one time without any context can be misleading.]]> Madoff Scandal: Where Was the SEC? http://seekingalpha.com/article/110512-madoff-scandal-where-was-the-sec?source=feed#comment-329101 329101 ]]> Sun, 14 Dec 2008 12:10:04 -0500 ]]> Buy Ford, Short GM http://seekingalpha.com/article/110597-buy-ford-short-gm?source=feed#comment-329090 329090 Sun, 14 Dec 2008 11:57:02 -0500 Get Ready to Buy Like It's 2002 http://seekingalpha.com/article/103454-get-ready-to-buy-like-it-s-2002?source=feed#comment-296275 296275 ]]> Sun, 02 Nov 2008 10:15:46 -0500 ]]> WaMu to IndyMac Customers: Your Money's No Good Here http://seekingalpha.com/article/86796-wamu-to-indymac-customers-your-money-s-no-good-here?source=feed#comment-213734 213734 consumerist.com/502622...
.. based on a 7/16 LA Times article.]]> Thu, 24 Jul 2008 16:34:36 -0400 consumerist.com/502622...
.. based on a 7/16 LA Times article.]]> Is UPS Cheap Enough to Buy? http://seekingalpha.com/article/82634-is-ups-cheap-enough-to-buy?source=feed#comment-192816 192816 Wed, 25 Jun 2008 16:54:41 -0400 Bernanke's Hints at Stronger Dollar: Meant to Cool Oil Prices? http://seekingalpha.com/article/79903-bernanke-s-hints-at-stronger-dollar-meant-to-cool-oil-prices?source=feed#comment-178860 178860 ___ “A weak US dollar is responsible for high oil prices.”
___ “High oil prices are responsible for a weak US dollar.”
]]> Tue, 03 Jun 2008 21:50:37 -0400 ___ “A weak US dollar is responsible for high oil prices.”
___ “High oil prices are responsible for a weak US dollar.”
]]> Regional Bank Failures: The Next Shoe to Drop http://seekingalpha.com/article/71984-regional-bank-failures-the-next-shoe-to-drop?source=feed#comment-177086 177086
(Excerpt from...) “Bank regulators shutter First Integrity bank”
2/30/08

"Federal regulators on Friday shut down a small Minnesota bank called First Integrity, saying unsafe practices had weakened its financial condition....

...The FDIC said all the bank's deposits will be assumed by First International Bank and Trust of Watford City, N.D. ...

... It was the fourth failure this year of an FDIC-insured bank — following two small Missouri institutions, Hume Bank and Douglass National Bank, and ANB Financial National Association of Bentonville, Ark., which had about $2.1 billion in assets.

FDIC officials said Thursday they anticipate an increase in bank failures this year. In March, the agency said it would hire an additional 140 employees to bring staff levels to 360 in the division that handles bank failures...."

www.cnbc.com/id/248980...

Copyright 2008 The Associated Press.
]]> Fri, 30 May 2008 21:33:58 -0400
(Excerpt from...) “Bank regulators shutter First Integrity bank”
2/30/08

"Federal regulators on Friday shut down a small Minnesota bank called First Integrity, saying unsafe practices had weakened its financial condition....

...The FDIC said all the bank's deposits will be assumed by First International Bank and Trust of Watford City, N.D. ...

... It was the fourth failure this year of an FDIC-insured bank — following two small Missouri institutions, Hume Bank and Douglass National Bank, and ANB Financial National Association of Bentonville, Ark., which had about $2.1 billion in assets.

FDIC officials said Thursday they anticipate an increase in bank failures this year. In March, the agency said it would hire an additional 140 employees to bring staff levels to 360 in the division that handles bank failures...."

www.cnbc.com/id/248980...

Copyright 2008 The Associated Press.
]]> Regional Bank Failures: The Next Shoe to Drop http://seekingalpha.com/article/71984-regional-bank-failures-the-next-shoe-to-drop?source=feed#comment-174669 174669
Excerpts from:
“Market Pros Think It's Time To Buy US Stocks Again”
By Jeff Cox, Special to CNBC.com | 27 May 2008 | 01:48 PM ET

(Quoting David Twibell, president of wealth management for Colorado Capital Bank in Denver) ...
“Twibell sees opportunity in a number of beaten-down sectors in the US stock market, with small-and mid-cap companies becoming particularly attractive.

“Among the areas to benefit, according to Twibell: Community and regional banks....”

www.cnbc.com/id/247788...
]]> Tue, 27 May 2008 15:11:39 -0400
Excerpts from:
“Market Pros Think It's Time To Buy US Stocks Again”
By Jeff Cox, Special to CNBC.com | 27 May 2008 | 01:48 PM ET

(Quoting David Twibell, president of wealth management for Colorado Capital Bank in Denver) ...
“Twibell sees opportunity in a number of beaten-down sectors in the US stock market, with small-and mid-cap companies becoming particularly attractive.

“Among the areas to benefit, according to Twibell: Community and regional banks....”

www.cnbc.com/id/247788...
]]> Regional Bank Failures: The Next Shoe to Drop http://seekingalpha.com/article/71984-regional-bank-failures-the-next-shoe-to-drop?source=feed#comment-170108 170108 Mon, 19 May 2008 13:45:29 -0400 Regional Bank Failures: The Next Shoe to Drop http://seekingalpha.com/article/71984-regional-bank-failures-the-next-shoe-to-drop?source=feed#comment-149440 149440
Even if the CD gets called or redeemed, it's no loss to you because you should still receive the full amount of your original deposit plus any unpaid accrued interest.]]> Sat, 12 Apr 2008 10:22:25 -0400
Even if the CD gets called or redeemed, it's no loss to you because you should still receive the full amount of your original deposit plus any unpaid accrued interest.]]> American Axle Strike: Unions Continue to Kill U.S. Manufacturing http://seekingalpha.com/article/67124-american-axle-strike-unions-continue-to-kill-u-s-manufacturing?source=feed#comment-149290 149290
This information is public and readily available:
______________________...

2007 compensation including Salary, Bonus, Stock Awards, Option Awards, “Change in Pension Value and Nonqualified Deferred Compensation Earnings” and “All Other Compensation”:

Richard E. Dauch $10,175,194 (Co-Founder, Chairman & CEO)
Michael K. Simonte $511,241
Yogendra N. Rahangdale $1,063,334
David C. Dauch $752,527
Patrick S. Lancaster $655,631

Source: SCHEDULE 14A Definitive Proxy Statement
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
April 24, 2008
Filed March 24, 2008
Summary Compensation Table
______________________...

I believe the Annual meeting is 3:00 PM on April 24th at the AAM World HQ Auditorium, One Dauch Drive, Detroit, but admission may be limited to AAM stockholders as of the record date and holders of valid proxies , i.e., if you were an AAM stockholder at the close of business on February 29th.
]]> Fri, 11 Apr 2008 19:51:02 -0400
This information is public and readily available:
______________________...

2007 compensation including Salary, Bonus, Stock Awards, Option Awards, “Change in Pension Value and Nonqualified Deferred Compensation Earnings” and “All Other Compensation”:

Richard E. Dauch $10,175,194 (Co-Founder, Chairman & CEO)
Michael K. Simonte $511,241
Yogendra N. Rahangdale $1,063,334
David C. Dauch $752,527
Patrick S. Lancaster $655,631

Source: SCHEDULE 14A Definitive Proxy Statement
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
April 24, 2008
Filed March 24, 2008
Summary Compensation Table
______________________...

I believe the Annual meeting is 3:00 PM on April 24th at the AAM World HQ Auditorium, One Dauch Drive, Detroit, but admission may be limited to AAM stockholders as of the record date and holders of valid proxies , i.e., if you were an AAM stockholder at the close of business on February 29th.
]]> Memo to eBay: Just Sell Skype Already http://seekingalpha.com/article/70917-memo-to-ebay-just-sell-skype-already?source=feed#comment-135659 135659 Wed, 02 Apr 2008 22:11:35 -0400 American Axle Strike: Unions Continue to Kill U.S. Manufacturing http://seekingalpha.com/article/67124-american-axle-strike-unions-continue-to-kill-u-s-manufacturing?source=feed#comment-132624 132624
Hmmm, now that the AXL strike is starting to eat into higher volume Cobalts in Lordstown, we might see some movement. Not sure if AXL's threat to move the work offshore is posturing or real, or a mix of both. Probably the latter.
]]> Thu, 27 Mar 2008 16:45:44 -0400
Hmmm, now that the AXL strike is starting to eat into higher volume Cobalts in Lordstown, we might see some movement. Not sure if AXL's threat to move the work offshore is posturing or real, or a mix of both. Probably the latter.
]]>