00Billy

Bankrupt Nortel Networks extends the deadline to make offers for the optical networking unit it's selling, as it looks like nobody is yet topping Ciena's (CIEN -2.1%) stalking-horse bid of $390M and 10M shares (about $515M total).

Canadian characteristics....

1. Says "eh"
***
***
10. Lost money on Nortel...

Fannie Mae (FNM) rolls out its Deed for Lease program, allowing homeowners facing foreclosure to deed their property to the lender and stay in their homes as renters. The scheme is only for borrowers who have already missed a mortgage payment, and who aren't eligible for mortgage mods. Fannie's incentive? Buying time for a housing recovery, and preserving the value of its nonperforming assets.

classic meaning of slum lord?

Some companies are starting to address credit-rating issues their own way, by selling bonds without ratings at all, in deals that would have been "inconceivable" two years ago. Companies including Highland Capital, Credit Suisse (CS) and European drinks makers Heineken (HINKY.PK) and Gruppo Campari have recently executed successful deals without the ubiquitous alphabetic risk assessments.

There's no insurance for skydiving either.

Chart of the Day: The Billion Dollar Gram

I'm angry...that chart is staggering.

Cramer: Jon Stewart Interview Was a 'Complete and Utter Ambush'

This whole thing was created by Bush/Rove/Cheney. The economic mess.

Cramer and Stewart are both entertainers. They both have an agenda.

I woke up to the fact after Stewarts cross fire interview. He tried to do it again about the economy. But, it was a hatchet job.

Stewart doesn't really care.

Barron's Takes Down Cramer, Again

I admit to a crammer effect. Not that it's anything to speak of...not that I can do any better.

What would his average be if he stopped the Boo ya's? Twice the calls? I want a twelve call show. 2 mins. 10sec/call.

Wouldn't Max Kaiser be perfect as a sidekick? I love the props.

Gong show meets analysis, and slaughter's it.

Bill
Toronto

The Scariest Chart Ever

Once upon a time Canada had a higher per capita debt ratio...now I can finally look down my nose at the socialists to the south. j.king

I do realise all too well that when USA sneezes Canada (and the rest of the world) catch a cold. Right now the USA has heart mumurs, and the rest of the globe need triple by passes.

Who would've thought the Republican mantra would be to spend instead of to cut taxes and spend less....

With respect to Clinton and Bush the American people need to stop glorifying the Presidency and start some war criminal investigations and impeachments. The whip must be cracked to at least show the whip exists.

8 Important Facts About the Federal Reserve

Thank You ! I asked this question on the social investing site (KaChing.com) two days ago, after I noticed your article mentioned the "Fed Reserve Bank of NY" til then I thought there was just one big one.

Thanks for the info!

Watch for Yourself: 60 Minutes Oil Story Was Spot On

As a layman newbie (paper trader) this news piece and this discussion is great.

But, what I wonder, are statements like this:
" Let's say demand is stable and suddenly speculators start buying futures contracts that they never take delivery on."

Isn't MS a speculator who DOES take delivery ? They have the infrastructure to store the stuff? When did they buy all that?

Seem like if someone goes and buys a gun, then someone shoots a duck...maybe not provable, but I smell orange sauce...

Another Dr. Doom: Peter Schiff

Too negative? Nope. Peter is right on the money.

The problem is the market is acting like lemmings. The government is negligent. The SEC is incompetent and ineffective in its mandate to protect the integrity of the markets...

If I could move it would be to Montana with gun and ammo.

Beat the Bull Market With Oil and Russia Plays

Good article. As a non-pro I have always taken a cynical approach to who declare a stock as a brilliant pick, but don't own it. Thanks for the transparency Glen. I will definitely look for your articles.

Paypal Holds Sellers' Funds Hostage

fire ants on a grasshopper....nice one...

What Obama's Victory Means for the Defense Sector

Defense will do okay, if no more hot spots spring up, there will still be the new cold war with Putin when he elects himself again. Oops the people elect him...right.

Rant of peacefulness:
What he said.
USA is a socialist 'mother' to Israel. The spoiled little child. If we're so republican why do we support these maniacs. If they can't survive with the A-bombs we gave them then they aren't worth it. Their a PR nightmare - as usual. We should send a brigade to Gaza and then see what the Israeli soldiers will do. I bet peace breaks out - there at least


On Nov 09 10:37 AM David Martin wrote:

> If it is so peaceful, how come the US and it's surrogates are killing
> so many people?
> How come they bombed Palestinians in the heart of their own country
> for many years before they were hit back?
> Don't be naive.