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EMS

EMS
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  • It's one thing to make hedge fund bigwigs pay income rather than capital gains tax rates on holdings they get for nothing, James Pethokoukis says, but the proposal that would tax them at ordinary income rates when they sell the firms they built is so "bizarre" that some thought it was a clerical error. But cash-strapped governments will do strange things.  [View news story]
    Somebody has got to pay folks..........
    Jun 10, 2010. 09:29 PM | Likes Like |Link to Comment
  • BP's (BP) containment cap is now siphoning off more than 10,000 barrels of oil per day, but the Coast Guard says "there will be oil out there for months to come" and clean-up efforts could extend into the fall.  [View news story]
    Pick the best name (to person) and average in. This is one of the components of market you would want to own if the portfolio is continually, well hedged. OXY, maybe XOM. I like the former. Even with a very bearish portfolio--- but you need to own something.
    Jun 6, 2010. 10:03 PM | Likes Like |Link to Comment
  • Raters like Moody's (MCO) blew their calls, but unlike sports there's no way to correct the damage with instant replay, Randall Forsyth says. See the raters as stupid or conflicted if you like, but the market is seeing them as irrelevant: Capital markets are rendering summary judgments through credit-default swaps.  [View news story]
    P.S.
    I think MCO has been and could be one of the greatest short opportunities out there. They are more than worthless.......
    Jun 5, 2010. 12:37 PM | Likes Like |Link to Comment
  • Raters like Moody's (MCO) blew their calls, but unlike sports there's no way to correct the damage with instant replay, Randall Forsyth says. See the raters as stupid or conflicted if you like, but the market is seeing them as irrelevant: Capital markets are rendering summary judgments through credit-default swaps.  [View news story]
    I agree completely. I don't abhor these people out of envy, but rather because these are scum who adds nothing to society, in spite of their proclamations. They have way too much inside info to trade on to be screwing the public over and over and over....
    Jun 5, 2010. 12:35 PM | 2 Likes Like |Link to Comment
  • How Job Creation Actually Totaled 787,000 [View article]
    Wrongheaded Jason. Reconsider you opinions for you sound like a Polyanna-man.
    Jun 5, 2010. 12:07 AM | 6 Likes Like |Link to Comment
  • The general consensus that the BP (BP) oil spill is the worst-ever environmental disaster is "wildly overblown," a University of Alabama professor says. The amount spilled is tiny in comparison to the amount spilled by rigs and tankers around the world every year, he says, and it's not even the worst spill ever in the Gulf of Mexico.  [View news story]
    I'm a Prof. This is Jackass.
    Jun 4, 2010. 11:40 PM | 1 Like Like |Link to Comment
  • It's Not Just Hungary [View article]
    Prediction : A failed auction at any of the top-rated developed countries (that includes UK) = the fast end of the ponzi for all.......when that happens look out below.
    Jun 4, 2010. 07:22 PM | 2 Likes Like |Link to Comment
  • Obama's upbeat comments on the U.S. job market earlier this week "suckered [people] into thinking this was going to be a good number," one mutual fund manager says. "No way should the president be commenting on the employment number ahead of time," an economist adds, claiming he and his advisers "need to better understand what the private sector is looking at."  [View news story]
    Anyway you slice it, this was a vile move on his part.
    Jun 4, 2010. 07:19 PM | 3 Likes Like |Link to Comment
  • Dick Bove turns negative on banks, particularly Goldman Sachs (GS -1.2%), cutting its stock price target and 2010 earnings estimates. It has nothing to do with the SEC's civil suit; "It has everything to do with fears in Europe, the fears in the financial markets and the widening of the spreads."  [View news story]
    Why would anyone with half a brain believe anything one of these guys had to say ???
    Jun 4, 2010. 05:20 PM | Likes Like |Link to Comment
  • Are we headed for another Lehman? The global economy confronts massive hurdles, the euro appears fundamentally broken, investor sentiment is fragile, and those in charge don’t seem to fully grasp the problems at hand and have failed to provide strong solutions. Yes indeed, PragCap says, "the potential is there for a crisis far worse than Lehman" - which should have us concerned, not to mention furious.  [View news story]
    Just don't be too smug. The government will interfere and you will probably be left bitter...,.,
    May 27, 2010. 07:47 PM | 8 Likes Like |Link to Comment
  • Tuesday Outlook: It's Deja Vu All Over Again [View article]
    I think this point is valid. In a low-volume, overbought market, many were looking for this. Additionally, important intra-day technicals were violated. I won't even posit the concept that last Sunday's terrorist threat in NYC was a financial terrorist conspiracy....
    May 11, 2010. 07:02 PM | 1 Like Like |Link to Comment
  • Federal officials have reportedly launched criminal and civil investigations into whether JPMorgan (JPM) acted improperly to depress the price of silver.  [View news story]
    I think that messing with these huge Banks (JPM, GS et al.) may induce a great, great unwind. Could be positive in the long run, but who cares, tradable is the downswing now occurring .
    May 9, 2010. 03:41 PM | 1 Like Like |Link to Comment
  • Some idiot may have made a typing error, but that's missing the point, Henry Blodget says. This is how markets can behave, especially on the downside, and weakening economic fundamentals and stock valuations certainly supported the sharp pullback. Predicting short-term market moves is folly, he says, but "further sharp declines wouldn't be a surprise."  [View news story]
    Ultimately we will buy. Just not now...
    May 6, 2010. 09:17 PM | 1 Like Like |Link to Comment
  • Barron's Andrew Bary says Wall Street's reaction to the Goldman Sachs (GS) fraud charges is overblown. "Patient buyers of Goldman stock probably will come out ahead, given the company's low valuation and the likelihood that even a defeat at the hands of the SEC probably will be financially tolerable."  [View news story]
    That is the plan...you bet.
    Apr 18, 2010. 10:21 AM | Likes Like |Link to Comment
  • Volcanic ash from Iceland's Eyjafjallajökull has grounded more than 20,000 flights so far. Northern Europe airports will mostly be closed today, but disruptions could still be felt for months. The IATA estimates canceled flights are costing carriers $200M per day. You might have to switch to taxiing across Europe, like John Cleese. (ETF: FAA)  [View news story]
    Prediction: GS gets driven into its own (Private Hands)
    Apr 17, 2010. 04:26 PM | Likes Like |Link to Comment
COMMENTS STATS
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879 Likes