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  • DealBook breaks down the $2.3B bath the government takes on CIT Group's (CIT -62.3%) bankruptcy. Finance professor Linus Wilson says the government's TARP investment in the lender was never a good idea, in the red from the start.  [View news story]
    Shocker!
    Nov 02 15:55 pm |Rating: +2 0 |Link to Comment
  • According to a front-page article in today's New York Times, the lack of success of the government's program to ward off foreclosures is because mortgage companies are reluctant to give strapped homeowners a break and forfeit the lucrative fees they collect on delinquent loans.  [View news story]
    Yeah that's why the government's plan isn't working. The New York Times said it so it must be true!
    Jul 30 11:22 am |Rating: 0 0 |Link to Comment
  • The world's wealthiest people are also the largest emitters of greenhouse gases, which is why a new study suggests basing targeted emission cuts on the number of rich people in a given country.  [View news story]
    Keep taxing Atlas...
    Jul 07 08:57 am |Rating: 0 0 |Link to Comment
  • The biggest villains of the financial crisis. (HuffPo)  [View news story]
    nice, leave out barney frank, chriss dodd, fannie, freddie, frank raines, etc. What did you expect from bluffpo. Please.
    Jun 26 11:34 am |Rating: +1 0 |Link to Comment
  • GM (GM) bondholders accept amended debt-for-equity offer. ((CNBC)) Details to follow. Stock halted at $3.11, up 170%. Maybe this is why it wasn't trading at $0.00 yesterday?  [View news story]
    I don't believe it ever traded at $3.11 today. Shareholders get 10% not including warrants.
    May 28 09:56 am |Rating: 0 0 |Link to Comment
  • GM (GM) bondholders accept amended debt-for-equity offer. ((CNBC)) Details to follow. Stock halted at $3.11, up 170%. Maybe this is why it wasn't trading at $0.00 yesterday?  [View news story]
    it never traded at 3.11.
    May 28 09:55 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Has anyone noticed global temperatures dropping since 1998? Once this global warming hoax is revealed for what it is I wonder what the power grabbers will come up with next? The 1970's saw the imminent "death misery" of an Ice Age. What'll it be now?
    May 19 09:02 am |Rating: +8 -5 |Link to Comment
  • Commodities Should Profit from the Bailout Plan [View article]
    "Didn’t solve the housing crisis—housing starts fell 6.2% in August (a 17-year low) while building permits fell 8.9%".
    Isn't that looking in the rear window for progress? We didn't give the housing markets a fair chance to stabilize. I think it won't be at least until 2009 until we can accurately judge the ramifications. I think you're being a little presumptuous. You may be right but it's early.
    Sep 22 08:09 am |Rating: 0 0 |Link to Comment
  • Apple Guidance Can Turn Negative Sentiment on Its Head [View article]
    I don't think the 717k iphone number includes 3G phones. I read they sold 1mm 3g phones in the first three days so that would expain the discrepancy.
    Jul 21 17:18 pm |Rating: 0 0 |Link to Comment
  • Apple Guidance Can Turn Negative Sentiment on Its Head [View article]
    The 717k iPhone number did not include 3G phones. I also heard they sold 1mm 3g phones during the first three days of release so I was a little confused.
    Jul 21 17:12 pm |Rating: 0 0 |Link to Comment
  • 3G iPhone: Growth and High Margins for Apple? [View article]
    "MSFT: C#, a tired Java knock-off. "
    I think that's actually the other way around.
    Jun 19 10:55 am |Rating: 0 0 |Link to Comment
  • Yahoo: Disband Quietly - Fast Money Recap (6/12/08) [View article]
    MVL released Hulk not MRVL
    Jun 13 09:59 am |Rating: 0 0 |Link to Comment
  • Time to Buy Copper....Again? [View article]
    What about the massive global infrastructure buildup over the last few years? Don't you think that had something to do with the run-up in copper prices?
    Apr 30 11:22 am |Rating: 0 0 |Link to Comment
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