captainccs

TD Ameritrade-E*Trade Deal Needs to Happen

Sorry, forgot to mention, I have no position in AMTD or ETrade long or short. I'm an Ameritrade customer. Last time there was talk about taking over ETrade, I wrote to management, as an Ameritrade customer, to please NOT do it. I get good service from Ameritrade and I don't want theme ruining it with ETrade contagion.

TD Ameritrade-E*Trade Deal Needs to Happen

Please don't! Please don't! Please don't! Just let ETrade go broke, as they must as they keep shooting themselves in the foot and the head and elsewhere.

ETrade was my first online broker, via CompuServe, before Brenner-Lee invented the WWW (it was not Al Gore who did it). In time ETrade service deteriorated so badly that I had to switch to Quick & Reilly. When Bank of America ruined Quick & Reilly I switched to Ameritrade.

All Ameritrade needs to do is to wait for ETrade to go bankrupt and then pick up the costumers for free. ETrade is such a management mess that surely they will go broke any day now. Just watch and wait, don't help them by making stupid statements about buying that piece of junk.

Chinese Wind Power Maker A-Power to Set Up Factory in U.S.

APWR: No SEC filings.

How do you track them? How do you trust them?

Jamie Dimon Makes Best Case for Not Breaking Up Big Banks

How to say this in a language simple enough that even a bank executive can understand?

If a bank is too big to fail, it is too big and must be broken up.

Why is this so? Winding down failed banks is the same as dealing with huge storms, the storm sewer must be large enough to deal with the largest storm or even with a triple storm in the case of the perfect storm. Who or what is big enough to deal with the perfect storm? The government or rather. "We the People," or rather, "We the Taxpayers."

Insurance is based on the law of large numbers. A big insurance company can insure a large number of smaller companies but not a single huge company. When a huge company seeks insurance it will be served by several co-insurers backed by several re-insurers. You have to diversify the risk. If you cannot have a large enough private big bank insurer then the banks themselves need to become smaller to be safe, to have the risk diversified.

Dimon is just talking up his book, pay no attention to the self-serving banker. Too big to fail banks are semi-socialistic banks, profits are private while loses are public and that is NOT fair.

Sanderson Farms: A Leg Up on the Great Chicken Wing Crisis

>>>"Jumbo wings averaged $0.132 per pound, up 62.6% from the average of $0.812 per pound during last year’s third quarter. <<<

This math is a bit dyslexic :(

Could it be $1.32?

Blankfein Defends Goldman, Is Flippant with Facts

If AIG was not a bank why did The Fed save AIG? Could it be as a favor to Goldman Sachs?

CIT Group was a bank, why did The Fed not save it? Could it be as a favor to Wall St. banks?

I don't know the answers but it sure smells fishy.

CDS Regulation: Just One Simple Rule

>>>Warning: this post will require you to be able to intelligently ponder philosophical concepts and theories, and perhaps try to forget some assumptions you may already have. <<<


Say there are 100 houses worth $1 million each and you expect 1% (one house) to burn down each year. To come out even, you need to collect $10,000 per house per year.

Insure one house twice, collecting an extra $10,000. If that house burns down, you have a loss of $990,000. The solution is to never pay more than the real loss which in this case would be one house, $1 million and not $2 million.

Suppose you insured every house twice thereby eliminating the loss. It would not be insurance, it would be gambling. Insurance is defined as the transfer of risk. If you don't have an insurable interest if you don't have risk to transfer.

Former Citi CEO John S. Reed: Mea Culpa

Too big to fail is too big and needs to be made small enough to fail safely. If that is achieved by bringing back Glass-Steagall than, by all means, bring it back, with teeth!

Crops Headed for a Tough Harvest

Crops rotting on the ground? Buy fertilizer for the next season.

Market to Shine on Solar Industry Through 2011

All solar needs is a little bit of taxpayer money

taxpayer money
taxpayer money
taxpayer money

Then the solar tea parties begin....

First Solar's Ultraviolet Earnings

>>>with OPEC’s “October War” when they decided to stop shipping oil to countries that supported Israel. <<<

Please get your facts straight. It was NOT an OPEC embargo. It was an ARAB embargo. It was the ARAB member states of OPEC that withheld oil. not countries like Venezuela, a founding member of OPEC.

www.state.gov/r/pa/ho/...

Finding Opportunities in Wind Energy

Take a look at American Superconductor [AMSC]. It's American. It just reported the 3rd consecutive quarter with positive earnings. It supplies wind turbine makers and also has equipment for the grid so it has a more diversified customer base including the Navy.

Disclosure: short puts.

In Defense of Executive Pay Caps

Just let the damn banks fail. That cuts executive pay to the bone!

The Price of a Pound of Banking Flesh

Just let the damn banks fail. That cuts executive pay to the bone!

Not Everyone Likes Windows 7

>>>Now, where to begin with Vista?<<<

Just say No! Switch to Mac! LOL